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bitcoinist.com Gemini Settles Unregistered Crypto Lending Lawsuit With US SEC

Gemini, the crypto exchange founded by the Winklevoss twins, has reached a settlement with the US Securities and Exchange Commission (SEC) concerning allegations related to its crypto lending program, known as Gemini Earn. The settlement was announced on Monday in a letter filed in Manhattan federal court. SEC Lawsuit Against Gemini Nears Resolution The SEC, […]

blockonomi.com MetaMask Introduces mUSD Stablecoin for Decentralized Dollar Transactions

TLDR: MetaMask mUSD stablecoin is fully backed by dollar-equivalent assets with real-time transparency. mUSD offers cross-chain composability, enabling seamless transactions within MetaMask’s ecosystem. MetaMask’s launch of mUSD positions it as the default digital dollar within its self-custodial wallet. MetaMask plans to enable mUSD spending via the MetaMask Card at Mastercard-accepting merchants. MetaMask has launched its [...] The post MetaMask Introduces mUSD Stablecoin for Decentralized Dollar Transactions appeared first on Blockonomi.

blockonomi.com Strive Forms Board of Directors and Unveils $950 Million Capital Plan

TLDR Strive has raised $750 million in financing with an additional $750 million available through warrants. The company holds an initial 69 BTC, valued at approximately $7.9 million, to start its Bitcoin accumulation. Strive has launched a $450 million at-the-market offering and a $500 million stock repurchase program. The company has formed a board of [...] The post Strive Forms Board of Directors and Unveils $950 Million Capital Plan appeared first on Blockonomi.

blockonomi.com Robinhood to Offer U.S. Investors a Chance to Buy into Private, Pre-IPO Firms

TLDR Robinhood plans to launch a fund that will allow U.S. retail investors to invest in private, pre-IPO companies. The new fund, Robinhood Ventures Fund I, aims to provide access to investment opportunities traditionally available to wealthy individuals and institutions. Robinhood CEO Vlad Tenev emphasized that the fund will democratize access to private company investments. [...] The post Robinhood to Offer U.S. Investors a Chance to Buy into Private, Pre-IPO Firms appeared first on Blockonomi.

bitcoinist.com 18 Block Reorg Slams Monero, Erasing 36 Minutes Of Blockchain

Monero’s privacy chain endured its deepest-ever chain reorganization in the last 24 hours, when 18 consecutive blocks were replaced, briefly “rewriting” roughly 36 minutes of ledger history and invalidating about 118 already-confirmed transactions. Multiple independent monitors flagged the event late Sunday into Monday, describing a rollback spanning block heights 3,499,659 through 3,499,676 before nodes converged […]

news.bitcoin.com Paypal Expands Peer-to-Peer Payments With Crypto Options Coming to Global Wallets

Paypal is igniting a new era in peer-to-peer payments, unleashing personalized links and imminent crypto integration that supercharge global money movement across wallets, apps, and digital ecosystems. Paypal Advances Peer-to-Peer Strategy With Upcoming Crypto Functionality Payments giant Paypal announced on Sept. 15 the launch of Paypal links, describing it as “a new way to send […]

blockonomi.com Bitwise Files S-1 Application for New Avalanche ETF Focused on AVAX

TLDR Bitwise has filed an S-1 application with the SEC for an Avalanche ETF focused on AVAX exposure. The ETF will hold AVAX directly instead of using derivatives, providing direct access to the digital asset. Coinbase Custody Trust Company will manage and secure the Avalanche assets in segregated cold storage accounts. The ETF will issue [...] The post Bitwise Files S-1 Application for New Avalanche ETF Focused on AVAX appeared first on Blockonomi.

blockonomi.com Coinbase’s Base Explores Native Token to Drive Global Adoption Vision

TLDR Coinbase’s Base network is exploring the possibility of issuing a native token to accelerate global adoption. The token exploration is focused on decentralization, creator participation, and unlocking new systems. Base operates as a stage one rollup and aims to achieve full decentralization through the native token. CEO Brian Armstrong stated that the token could [...] The post Coinbase’s Base Explores Native Token to Drive Global Adoption Vision appeared first on Blockonomi.

news.bitcoin.com Avantis Token AVNT Rockets as Traders Flock to Base’s Perp Playground

On Monday, while the crypto market shaved off 1.27% overall, the digital token AVNT — tethered to the decentralized exchange Avantis running on Base — decided to strut in the opposite direction, rising more than 53%. Native Token Tied to Avantis DEX Shoots Past $296M Market Cap Essentially, Avantis is a decentralized exchange (DEX) with […]

blockonomi.com PayPal to Launch P2P Crypto Payments with Bitcoin, Ethereum, PYUSD

TLDR PayPal has introduced a new feature allowing users to send and receive cryptocurrencies through its P2P payments system. The supported cryptocurrencies include Bitcoin, Ethereum, and PayPal’s own stablecoin, PYUSD. PayPal’s new feature will first launch in the United States before expanding to the United Kingdom, Italy, and other markets. The new P2P payments system [...] The post PayPal to Launch P2P Crypto Payments with Bitcoin, Ethereum, PYUSD appeared first on Blockonomi.

bitcoinist.com Bitcoin Price Is Not The Best Way To Measure The Cycle; Pundit Reveals A Stronger Factor

The Bitcoin price action has long been used as the standard measurement of its market cycle. While price has served as a convenient benchmark, a crypto analyst argues that it may not be the most reliable tool for understanding the cycle. Instead, his analysis points to a stronger factor that could serve as a better […]

ambcrypto.com Bitcoin's $140K dream is still far: 'When do miners start getting concerned?'

Key Takeaways What is the state of the Bitcoin network activity? Despite record BTC prices, on-chain activity and the Bitcoin fee revenue were at multi-year lows. Could this be a threat to miners aThe post Bitcoin's $140K dream is still far: 'When do miners start getting concerned?' appeared first on AMBCrypto.

bitcoinmagazine.com Bitcoin Eyes $130,000 if Fed Signals Dovish Policy

Bitcoin Magazine Bitcoin Eyes $130,000 if Fed Signals Dovish Policy Bitcoin closed at $115,390 last week, with $118,000 as the next hurdle. Wednesday’s Federal Reserve rate decision could spark volatility if the expected 0.25% cut is delayed. This post Bitcoin Eyes $130,000 if Fed Signals Dovish Policy first appeared on Bitcoin Magazine and is written by Ethan Greene - Feral Analysis.

blockonomi.com Coinbase’s Base Network Explores Launch of Native Token and Solana Bridge

TLDR: Coinbase’s Base network explores launching a native token to support decentralization and growth. Base becomes Ethereum’s leading Layer-2 network, with over 20.8 million monthly active users. New open-source bridge to Solana enhances interoperability and broadens liquidity pools. Base aims to strengthen the blockchain ecosystem by promoting cross-chain connectivity. Coinbase’s Layer-2 network, Base, may soon [...] The post Coinbase’s Base Network Explores Launch of Native Token and Solana Bridge appeared first on Blockonomi.

blockonomi.com REX-Osprey to Launch Dogecoin and XRP ETFs in the U.S. on Sept 18

TLDR REX-Osprey will launch the first Dogecoin (DOJE) and XRP (XRPR) ETFs in the United States on September 18. The new ETFs will provide investors with direct spot exposure to Dogecoin and XRP without purchasing the tokens. The Dogecoin ETF (DOJE) will hold other spot DOGE ETFs, offering a diversified approach to investment. The XRP [...] The post REX-Osprey to Launch Dogecoin and XRP ETFs in the U.S. on Sept 18 appeared first on Blockonomi.

blockonomi.com PayPal Adds Crypto to Peer-to-Peer Payments in Major Update

TLDR: PayPal now enables cryptocurrency transfers via its app for peer-to-peer payments in the U.S. Venmo and other digital wallets worldwide can now support crypto and stablecoin transactions. PayPal merchants can accept over 100 cryptocurrencies, broadening payment options for businesses. Personal transfers via PayPal and Venmo remain tax-free under the 1099K rules for certain transactions. [...] The post PayPal Adds Crypto to Peer-to-Peer Payments in Major Update appeared first on Blockonomi.

news.bitcoin.com SEC Chair Prioritizes Clear Fraud Cases Over Technical Breaches

A bold new SEC agenda is taking shape, as the agency slashes aggressive penalties, targets real fraud, and champions clear crypto rules to keep innovation stateside. Paul Atkins Rejects Gensler’s Aggressive Fines in Favor of Predictable Enforcement The U.S. Securities and Exchange Commission (SEC) is shifting its enforcement priorities under the leadership of chair Paul […]