UK Plans to Implement Robust Crypto Regulation Framework by Early 2025
The United Kingdom is preparing a regulatory framework for crypto assets, expected to be unveiled early next year. This commitment was reaffirmed at the City & Financial Global’s Tokenisation Summit in London on Nov. 21 by a senior Treasury official. Initial plans for regulation were anticipated last summer but were disrupted following a general election […]
SEC Chair Gary Gensler Announces Resignation
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), will step down from his role on January 20, 2025, according to a statement released by the regulatory agency on November 21. Gensler has been a prominent figure in financial oversight, particularly for his strict approach to cryptocurrency regulation. His resignation coincides with […]
US Bitcoin ETF Assets Surpass $100 Billion Mark
For the first time, Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have surpassed $100 billion in net assets as of November 21, according to Bloomberg Intelligence data. The explosive growth of Bitcoin ETFs began with the introduction of spot BTC ETFs in January and has been further fueled by renewed investor confidence following […]
Nvidia Predicts Promising Future for Agentic AI Following Record-Breaking Q3 Revenue
Nvidia CEO Jensen Huang underscored the company’s commitment to leading the development of autonomous, or agentic, artificial intelligence as it reported record-breaking earnings for the third quarter. “The era of AI is fully underway, driving a global transition to Nvidia computing,” Huang stated on Nov. 20. Nvidia revealed that its Q3 revenue surged by 17% […]
MicroStrategy Shares Skyrocket 94% YTD Amid Bitcoin’s Surge Toward $100K
MicroStrategy, the leading corporate holder of Bitcoin, has experienced a stunning 94% surge in its stock year-to-date (YTD), driven by Bitcoin’s ascent toward the $100K milestone. The company holds an impressive 331,200 Bitcoin, valued at approximately $32 billion, resulting in $15.51 billion in unrealized gains, according to Dropstab data. Performance beyond crypto As Bitcoin’s price […]
Trump Considers Establishing First-Ever White House Crypto Post
President-elect Donald Trump is reportedly exploring the creation of a dedicated White House position to oversee cryptocurrency policy, according to a Bloomberg report published on Nov. 20. Discussions are said to be underway with industry leaders to evaluate the necessity of such a role, and potential candidates are being vetted, with meetings reportedly taking place […]
Solana ETF Application Filed by Bitwise in Delaware
Digital asset management firm Bitwise has taken a significant step toward launching a spot Solana exchange-traded fund (ETF) by registering a statutory trust in Delaware. This move hints that an S-1 registration filing with the United States Securities and Exchange Commission (SEC) may follow soon. The trust, known as the Bitwise Solana ETF, was officially […]
Cardano Founder and Former Ripple Exec Jed McCaleb Hold Talks: Collaboration Ahead?
Cardano founder Charles Hoskinson recently shared details about a significant meeting with Jed McCaleb, co-founder of Ripple and the creator of Stellar. This revelation has fueled speculation about a potential collaboration between two key players in the blockchain space. Hoskinson took to X (formerly Twitter) to share the news, describing his interaction with McCaleb as […]
VanEck Supports Donald Trump’s Vision for a Strategic Bitcoin Reserve
Digital asset management leader VanEck has thrown its weight behind President-Elect Donald Trump’s initiative to establish a national Bitcoin reserve. Matthew Sigel, the head of digital asset research at VanEck, shared the company’s support for a strategic Bitcoin stockpile in an official statement. His endorsement follows a report by FOX Business’ Eleanor Terrett, who revealed […]
Michael Saylor to Propose Bitcoin Investment Strategy to Microsoft Board
Bitcoin advocate and MicroStrategy Chairman Michael Saylor has revealed that he has agreed to deliver a three-minute presentation to Microsoft’s board of directors about the potential for investing in Bitcoin. Saylor shared the news in a Nov. 19 X Spaces event hosted by VanEck, explaining that the activist who proposed the idea had approached him, […]