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blockonomi.com Elon Musk Reveals xAI Plans for AI Satellite Factory on Moon

TLDR Elon Musk revealed plans during a Tuesday xAI meeting to potentially build a lunar factory for manufacturing AI satellites The proposed facility would feature a “mass driver” catapult to launch satellites from the moon’s surface into orbit SpaceX acquired xAI this month and now prioritizes a moon city over Mars due to shorter travel [...] The post Elon Musk Reveals xAI Plans for AI Satellite Factory on Moon appeared first on Blockonomi.

blockonomi.com Samsung Stock Jumps 7.6% on First HBM4 Chip Shipments

TLDR Samsung Electronics shipped its first commercial HBM4 chips to customers Thursday, marking a comeback in the AI memory chip race after falling behind SK Hynix Samsung shares jumped as much as 7.6% on the news, reaching a new all-time high as investors reacted to the competitive milestone The HBM4 chips deliver 11.7 gigabits-per-second processing [...] The post Samsung Stock Jumps 7.6% on First HBM4 Chip Shipments appeared first on Blockonomi.

blockonomi.com Applied Materials (AMAT) Stock: $252M Settlement Ends China Export Probe

TLDR Applied Materials faces $252 million settlement for illegally exporting semiconductor equipment to Chinese chipmaker SMIC. The company made 56 unauthorized shipments worth $126 million by routing equipment through South Korea from 2020-2023. SMIC was placed on U.S. Entity List in December 2020 due to military connections, requiring special export approvals. The penalty represents the [...] The post Applied Materials (AMAT) Stock: $252M Settlement Ends China Export Probe appeared first on Blockonomi.

blockonomi.com Cathie Wood Loads Up on Robinhood (HOOD) Stock During 9% Crash

TLDR Cathie Wood’s ARK Invest bought $33.8 million in Robinhood shares after the stock dropped 9% on Q4 earnings miss Robinhood now represents ARK’s largest crypto holding at $248 million, a 4.1% portfolio weighting CEO Vlad Tenev predicts prediction markets will enter a “supercycle” with trillions in annual volume potential The company launched Robinhood Chain [...] The post Cathie Wood Loads Up on Robinhood (HOOD) Stock During 9% Crash appeared first on Blockonomi.

bitcoinist.com Crypto Enters Thailand’s Capital Markets After Regulatory Approval

Thailand has quietly moved a big step closer to making crypto part of its money markets. The Cabinet has given the green light to let cryptocurrencies serve as the underlying assets for regulated products such as futures and options. This opens the door for mainstream trading that is tied to real legal rules and cleared […]

blockonomi.com Alphabet (GOOGL) Stock: Why This 100-Year Bond Has Credit Markets Worried

TLDR Alphabet launched a rare 100-year sterling bond worth £1 billion, drawing 10 times oversubscription from institutional investors seeking long-term assets. The century bond is part of a $20 billion multi-currency debt package to finance AI infrastructure as Alphabet’s 2026 capex hits $185 billion. Market analysts warn the deal indicates late-cycle market exuberance as tech [...] The post Alphabet (GOOGL) Stock: Why This 100-Year Bond Has Credit Markets Worried appeared first on Blockonomi.

blockonomi.com Meta Stock Receives $2 Billion Investment from Billionaire Bill Ackman

TLDR Bill Ackman’s Pershing Square unveiled a $2 billion Meta investment worth 10% of the fund’s portfolio The hedge fund bought shares in November at $625 each, calling Meta undervalued despite market concerns Meta stock fell 16% over 12 months as the company announced $115-135 billion in AI spending for 2026 Pershing argues Meta’s 22x [...] The post Meta Stock Receives $2 Billion Investment from Billionaire Bill Ackman appeared first on Blockonomi.

blockonomi.com McDonald’s (MCD) Stock: $5 Meal Deal Powers Earnings Blowout

TLDR McDonald’s delivered Q4 earnings of $3.12 per share on $7.01 billion revenue, beating Wall Street forecasts of $3.04 per share and $6.84 billion U.S. comparable sales surged 6.8% while global comparable sales climbed 5.7%, powered by $5 meal deals and promotional campaigns The fast-food chain targets 50,000 global restaurants by late 2027, expanding from [...] The post McDonald’s (MCD) Stock: $5 Meal Deal Powers Earnings Blowout appeared first on Blockonomi.

bitcoinist.com Ripple Exec Warns Compromise Is Coming – What This Means For XRP

Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has signaled that a compromise may emerge soon from ongoing discussions among banks, the US Senate, and crypto leaders over stablecoin rewards. The comments followed a smaller White House meeting focused on stablecoin regulations, which highlighted which activities should be allowed under upcoming rules. Depending on the outcome, […]

news.bitcoin.com Bitcoin Consolidates After Capitulation: Next Stop $72K or Back to $60K?

Bitcoin’s price is $67,925 this morning at 8 a.m. EST, giving the asset a market capitalization of $1.35 trillion, with $51.15 billion in 24-hour trading volume and an intraday range between $65,932 and $68,371. The leading crypto asset is consolidating beneath a heavy resistance band as a relief rally collides with a structurally bearish higher-timeframe […]

blockonomi.com Cisco (CSCO) Stock Drops on Disappointing Revenue Outlook Despite Earnings Beat

TLDR Cisco beat Q2 estimates with $1.04 EPS and $15.3B revenue but shares dropped 5% after-hours Full-year revenue guidance of $61.2-$61.7B missed Street expectations by over $2B Networking revenue surged 21% to $8.29B on AI infrastructure demand Gross margin of 67.5% fell short as memory chip prices squeezed profitability Company launched Silicon One G300 AI [...] The post Cisco (CSCO) Stock Drops on Disappointing Revenue Outlook Despite Earnings Beat appeared first on Blockonomi.

blockonomi.com Unity Software (U) Stock Tumbles 26% After Revenue Forecast Misses Mark

TLDR Unity Software collapsed 26% in premarket trading Wednesday after issuing Q1 2026 revenue guidance of $480-$490 million, missing the $492 million analyst estimate. The company posted Q4 adjusted earnings of 24 cents per share, beating the 21-cent consensus, with revenue rising 10% to $503.1 million. Q1 EBITDA guidance of $105-$110 million disappointed against Wall [...] The post Unity Software (U) Stock Tumbles 26% After Revenue Forecast Misses Mark appeared first on Blockonomi.

blockonomi.com DraftKings (DKNG) Stock: Can Thursday Earnings Spark a Reversal?

TLDR DraftKings reports Q4 earnings Thursday with analysts projecting $0.09 EPS and $1.99 billion revenue, both up year-over-year Shares hit two-year low of $25.01 last week, trading at $26.28 after 3% drop Wednesday, down 23.8% in 2026 Company launched DraftKings Predictions to counter prediction market threat and access states without legal sports betting Wall Street [...] The post DraftKings (DKNG) Stock: Can Thursday Earnings Spark a Reversal? appeared first on Blockonomi.

blockonomi.com Adyen Stock Tanks 20% After Missing Earnings Targets

TLDR Adyen shares plummeted 20% Thursday after the payments company reported Q4 revenue of €672 million that missed analyst forecasts by 2%. The company issued weak 2026 guidance projecting 20-22% revenue growth, falling short of previous “low-to mid-20s” targets. Currency headwinds from a weakening US dollar hurt results, with full-year revenue reaching €2.36 billion, up [...] The post Adyen Stock Tanks 20% After Missing Earnings Targets appeared first on Blockonomi.

blockonomi.com Vertiv (VRT) Stock Gains 23% on Strong 2026 Revenue Guidance

TLDR Vertiv reported Q4 earnings of $1.14 per share, below the $1.30 consensus, but shares jumped 23% on strong guidance. The company’s order backlog reached $15 billion after organic orders surged 252% year-over-year in Q4. 2026 revenue guidance of $13.25-$13.75 billion exceeded Wall Street’s $12.39 billion estimate by over 10%. Vertiv forecasts 2026 EPS of [...] The post Vertiv (VRT) Stock Gains 23% on Strong 2026 Revenue Guidance appeared first on Blockonomi.

blockonomi.com AppLovin (APP) Stock Drops 9% After Hours Despite Strong Q4 Results

TLDR AppLovin beat Q4 estimates with $3.24 EPS versus $2.95 expected and $1.66 billion revenue versus $1.6 billion forecast, up 66% year-over-year. Shares fell 9% after-hours as Q1 2026 guidance showed 52% revenue growth, slower than recent quarters, raising concerns about momentum. CEO Adam Foroughi defended AppLovin’s AI technology against Meta and startup competitors, citing [...] The post AppLovin (APP) Stock Drops 9% After Hours Despite Strong Q4 Results appeared first on Blockonomi.

blockmanity.com February 11, 2026 Market Pulse: Capital Flows from Stocks & Bonds into Gold and Crypto – Key Trends Explained

February 11, 2026 Market Pulse: Capital Flows from Stocks & Bonds into Gold and Crypto – Key Trends Explained Welcome to our latest Stocks, Bonds, Gold & Crypto Market Update for February 11, 2026. Markets are shifting fast. Investors are […] The post February 11, 2026 Market Pulse: Capital Flows from Stocks & Bonds into Gold and Crypto – Key Trends Explained appeared first on Blockmanity.

blockonomi.com SoftBank Group (SFTBY) Stock Gains 2.4% After Record Q3 Earnings Beat

TLDR SoftBank Group posted $1.6 billion Q3 profit, reversing a 369 billion yen loss from the prior year quarter The company’s $30 billion OpenAI investment generated a $2.4 billion gain during the three-month period SoftBank sold Nvidia and T-Mobile stakes worth $18.5 billion combined to finance deeper AI investments Loan-to-value ratio climbed to 20.6% as [...] The post SoftBank Group (SFTBY) Stock Gains 2.4% After Record Q3 Earnings Beat appeared first on Blockonomi.

blockonomi.com SanDisk (SNDK) Stock Jumps 10% on AI Storage Demand Surge

TLDR SanDisk (SNDK) stock surged 10.65% Wednesday to $585.00 and added 2% more in Thursday pre-market trading on memory sector momentum. The rally came after Micron announced early shipments of HBM4 chips, sparking investor enthusiasm across storage stocks despite no SanDisk-specific news. SNDK has gained over 150% year-to-date with management citing inability to meet demand [...] The post SanDisk (SNDK) Stock Jumps 10% on AI Storage Demand Surge appeared first on Blockonomi.

cryptopotato.com BYDFi Joins Solana Accelerate APAC at Consensus Hong Kong, Expanding Solana Ecosystem Engagement

[PRESS RELEASE – Victoria, Seychelles, February 12th, 2026] BYDFi, a global cryptocurrency trading platform, announced its participation as a sponsor of Solana Accelerate APAC during Consensus Hong Kong 2026. The event was held at the Hong Kong Convention and Exhibition Centre alongside the broader Consensus Hong Kong conference. The combined gathering brought together founders, institutional […]

news.bitcoin.com Robinhood Launches Public Testnet for Layer-2 Chain

Robinhood has launched a public testnet for its Ethereum layer-2 network, inviting developers and institutions to experiment with tokenized assets. Ethereum L2 Testnet to Expand DeFi Push for Robinhood Robinhood is taking its blockchain ambitions a step further. The retail brokerage announced that Robinhood Chain, its Ethereum layer-2 network, has entered a public testnet phase. […]

blockonomi.com Nvidia (NVDA) Stock: Top Analyst Raises Target to $245 on Strong Revenue Outlook

TLDR UBS analyst Timothy Arcuri lifted Nvidia’s price target to $245 from $235, suggesting 28% upside potential ahead of Q4 earnings. Arcuri forecasts Q4 revenue of $67.5 billion, beating company guidance by $2.5 billion, with Q1 expected around $76 billion. Supply chain data remains strong despite sideways stock movement, with the March GTC conference providing [...] The post Nvidia (NVDA) Stock: Top Analyst Raises Target to $245 on Strong Revenue Outlook appeared first on Blockonomi.

blockonomi.com Micron (MU) Stock Surges 10% on Accelerated HBM4 Chip Timeline

TLDR Micron Technology stock climbed 10% to $410.34 Wednesday after CFO Mark Murphy announced the company has started shipping HBM4 memory chips ahead of schedule. The memory chip maker is in large-scale HBM4 production and expects shipment volumes to ramp this quarter, one quarter earlier than previously announced. Demand for high-bandwidth memory continues to outpace [...] The post Micron (MU) Stock Surges 10% on Accelerated HBM4 Chip Timeline appeared first on Blockonomi.

blockonomi.com Coinbase (COIN) Stock: Company Launches AI-Powered Crypto Wallets

TLDR Coinbase rolled out Agentic Wallets on Wednesday, letting AI agents trade crypto and manage funds autonomously The system uses x402 protocol which has handled 50 million transactions since launch AI bots can rebalance DeFi portfolios automatically with preset spending limits and security controls Support includes Ethereum layer-2 Base and Solana networks with gasless transaction [...] The post Coinbase (COIN) Stock: Company Launches AI-Powered Crypto Wallets appeared first on Blockonomi.

blockonomi.com Elon Musk Reveals xAI Plans for AI Satellite Factory on Moon

TLDR Elon Musk revealed plans during a Tuesday xAI meeting to potentially build a lunar factory for manufacturing AI satellites The proposed facility would feature a “mass driver” catapult to launch satellites from the moon’s surface into orbit SpaceX acquired xAI this month and now prioritizes a moon city over Mars due to shorter travel [...] The post Elon Musk Reveals xAI Plans for AI Satellite Factory on Moon appeared first on Blockonomi.

blockonomi.com Strategy (MSTR) Stock Drops as Company Transitions to Preferred Stock for BTC Purchases

TLDR Strategy (MSTR) plans to use preferred stock instead of common shares to fund future Bitcoin acquisitions The company’s STRC preferred stock hit $100 par value Wednesday, allowing Strategy to resume new offerings STRC provides 11.25% annual dividend paid monthly to attract yield-focused investors CEO Phong Le ruled out buying competing Bitcoin treasury firms despite [...] The post Strategy (MSTR) Stock Drops as Company Transitions to Preferred Stock for BTC Purchases appeared first on Blockonomi.

blockonomi.com Bitcoin BCMI Plunges to 0.2: CryptoQuant Analyst Warns True Bottom May Still Be Ahead

TLDR: Bitcoin BCMI dropped to low 0.2 range, aligning with early bear market phases seen in 2018 and 2022 cycles  The critical 0.5 equilibrium zone failed to hold with no strong rebound observed from the 0.3 support level  Historical cycle bottoms formed between 0.10-0.15, indicating current levels remain above full capitulation  Market probability favors continued [...] The post Bitcoin BCMI Plunges to 0.2: CryptoQuant Analyst Warns True Bottom May Still Be Ahead appeared first on Blockonomi.

news.bitcoin.com Bitget Targets 40% of Tokenized Stock Trading by 2030, Boosts TradFi With One-Click Access

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, February 12, 2026 — Bitget, the world’s largest Universal Exchange (UEX), today announced a major mobile app upgrade that puts crypto and traditional financial markets side by side on the homepage, reflecting how traders are increasingly moving between asset classes in one trading session. […]

blockonomi.com Cathie Wood ARK Buys Robinhood and Shopify Shares in Latest Trades

TLDR Cathie Wood’s ARK funds bought $37.1 million worth of Robinhood stock on February 11 after shares fell 8.8% on earnings ARK purchased $19.1 million in Shopify shares despite stock dropping 6.5% after beating Q4 expectations The investment firm sold $22.5 million in Airbnb stock across multiple ETFs ARK added $11.7 million in Bullish and [...] The post Cathie Wood ARK Buys Robinhood and Shopify Shares in Latest Trades appeared first on Blockonomi.

blockonomi.com Elon Musk Sets X Money Beta Launch for Next 1-2 Months – Here’s What We Know

TLDR Elon Musk confirms X Money will enter external beta testing in the next 1-2 months Payment system already running in closed beta with X employees Service designed to become central hub for all money transactions on X platform X has 1 billion app installs but 600 million monthly active users Launch part of strategy [...] The post Elon Musk Sets X Money Beta Launch for Next 1-2 Months – Here’s What We Know appeared first on Blockonomi.

blockonomi.com Daily Market Update: Stock Futures Rise With Bitcoin at $67,200 Ahead of Inflation Report

TLDR U.S. stock futures advanced Thursday with Dow, S&P 500, and Nasdaq all posting gains after January jobs data showed 130,000 positions added Consumer Price Index report delayed by government shutdown now scheduled for Friday, expected to show 2.5% year-over-year inflation Federal Reserve rate cut probability stands at 5.4% for near-term action as strong employment [...] The post Daily Market Update: Stock Futures Rise With Bitcoin at $67,200 Ahead of Inflation Report appeared first on Blockonomi.

blockonomi.com Meta Calls Russia’s MAX App a Surveillance Tool After WhatsApp Block

TLDR Russia blocked WhatsApp nationwide, affecting 100 million users who now need VPNs to access the service Government mandates MAX app, launching March 2025, must be pre-installed on all phones sold after September 1 Meta calls MAX a “surveillance app” and accuses Russia of isolating users from secure communication Kremlin says WhatsApp can return only [...] The post Meta Calls Russia’s MAX App a Surveillance Tool After WhatsApp Block appeared first on Blockonomi.

bitcoinist.com 3 Major Cardano Announcements Just Landed: The Breakdown

Three Cardano ecosystem announcements landed onstage at Consensus Hong Kong yesterday, spanning cross-chain rails, a new stablecoin rollout timeline, and a privacy-focused network’s march to mainnet. #1 Cardano Taps LayerZero Intersect said via X its Critical Cardano Integrations workstream has approved bringing LayerZero into the Cardano ecosystem, positioning the move as the network’s largest interoperability […]

news.bitcoin.com Ondo Partners With Chainlink to Enable Tokenized US Stocks as DeFi Collateral

Ondo Global Markets adopts Chainlink data feeds to bring institutional‑grade pricing to Ondo tokenized U.S. stocks, enabling their use as collateral in Ethereum Decentralized Finance ( DeFi). Ondo Global Markets announces that Chainlink data feeds for Ondo tokenized assets—including SPYon, QQQon and TSLAon—are live in production, securing DeFi integrations such as Euler and allowing users […]

blockonomi.com ZunaBet Review: New Crypto Casino & Sportsbook With 275% Welcome & 75 Free Spins!

ZunaBet is a new crypto casino and sportsbook that launched in 2026. The platform combines traditional casino gaming with cryptocurrency payments and modern features. With over 11,000 games and a full sports betting section, it aims to serve players looking for a crypto-friendly gambling destination. Here’s our full review! Visit ZunaBet Quick Verdict: ZunaBet is [...] The post ZunaBet Review: New Crypto Casino & Sportsbook With 275% Welcome & 75 Free Spins! appeared first on Blockonomi.

blockmanity.com JPMorgan’s Bullish Bet: Explosive Crypto Growth by 2026 Fueled by Institutions

JPMorgan’s Bullish Bet: Fueled by Institutions The crypto market is full of ups and downs right now. Bitcoin is up 0.90% at $67,116.45, and Ethereum has jumped 2.08% to $1,969.66. But the total market cap has dropped from $3.1 trillion […] The post JPMorgan’s Bullish Bet: Explosive Crypto Growth by 2026 Fueled by Institutions appeared first on Blockmanity.

bitcoinist.com Denmark’s Largest Bank Adds Bitcoin, Ethereum ETPs, But Warns Of ‘High Risk’

Danske Bank has started offering Bitcoin and Ethereum ETPs to customers for the first time, but the bank still doesn’t endorse crypto assets. Danske Bank Now Offers Bitcoin & Ethereum ETPs As announced in a press release, Danske Bank’s customers can now invest in some exchange-traded products (ETPs) tracking the two largest cryptocurrencies: Bitcoin and […]

news.bitcoin.com Lombard Launches Bitcoin Smart Accounts Linking Custody to DeFi

Lombard unveils Bitcoin Smart Accounts to recognize custodied BTC as onchain collateral, enabling decentralized finance ( DeFi) access without moving custody. Lombard announces Bitcoin Smart Accounts, a rail that lets BTC held in qualified custody, multi‑party computation (MPC) or self‑custody be used as onchain collateral across whitelisted protocols like lending network Morpho, while legal title […]

news.bitcoin.com Bangladesh Votes for a New Era While Millions Trade Crypto in the Shadows

Despite a total ban, the country has surged to 13th in global cryptocurrency adoption — and the new government may not be able to look away much longer. As Bangladesh Votes, a Crypto Underground Demands Recognition The following guest post was written by Nabil Sorkar, Verse Community Member. DHAKA, Bangladesh — On a sweltering Wednesday […]

ambcrypto.com Strong jobs report shakes the market - Could Bitcoin drop below $60K next?

The March FOMC meeting carries added weight this year. After a bearish Q1, in which high-cap assets logged their weakest quarterly returns in years, this meeting is likely to set the tone for risk assThe post Strong jobs report shakes the market - Could Bitcoin drop below $60K next? appeared first on AMBCrypto.

blockmanity.com Extreme Fear Returns to Crypto: Investor Guide for the 2026 Bear Market

Returns to Crypto: Investor Guide for the 2026 Bear Market The crypto market is shaking. The famous Crypto Fear & Greed Index has dropped to a scary low of 5. This puts us deep in extreme fear territory. Prices are […] The post Extreme Fear Returns to Crypto: Investor Guide for the 2026 Bear Market appeared first on Blockmanity.

news.bitcoin.com Moonpay Launches Moonpay Deposits, Integrates With Telegram Wallet

Moonpay introduces Moonpay Deposits to simplify wallet‑to‑wallet crypto transfers and enable funding of TON Wallet in Wallet in Telegram. Moonpay on Feb. 11, 2026 launches Moonpay Deposits, a custody‑free deposit solution that swaps, bridges and routes tokens across blockchains so users can fund apps from any supported wallet; the feature is now available in TON […]

cryptopotato.com Flipster FZE Secures In-Principle Approval from VARA, Reinforcing Commitment to Regulated Crypto Access

[PRESS RELEASE – Dubai, UAE, February 12th, 2026] Flipster, a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval is a key milestone in Flipster’s expansion into the Middle East and reinforces its focus on building safe, compliant access to digital assets in regulated […]

bitcoinist.com BlockFills Freezes Client Funds — Is Another Crypto Crisis Unfolding?

BlockFills, a Chicago‑based cryptocurrency trading and lending firm that caters to institutional investors, has temporarily halted client deposits and withdrawals following the latest sharp downturn in digital asset markets.  The decision came after Bitcoin (BTC) dropped to around $60,000 last week before recovering some of its losses. A company spokesperson confirmed on Wednesday that the […]

blockonomi.com Pentagon Pushes AI Companies to Deploy Tools on Classified Networks

TLDR The Pentagon is urging AI companies to make their tools available on classified networks. Chief Technology Officer Emil Michael highlighted AI’s role in all classification levels. OpenAI and Anthropic are negotiating military use of their tools with varying degrees of restriction. OpenAI has agreed to provide its models on unclassified networks under genai.mil. Anthropic [...] The post Pentagon Pushes AI Companies to Deploy Tools on Classified Networks appeared first on Blockonomi.

blockonomi.com RENDER Down 76% From Peak While Processing 1.5M Frames Monthly: Capitulation or Opportunity?

TLDR: RENDER processes record 1.5M frames monthly while token crashes 76% to $1.30 from May 2025 peak of $5.50  Network burned 1.04M tokens with 35% of all-time frames rendered in 2025 alone despite brutal price action  AI rendering launch and Dispersed.com platform expand services while trading volume collapses 87% in 30 days  5,600 active GPU [...] The post RENDER Down 76% From Peak While Processing 1.5M Frames Monthly: Capitulation or Opportunity? appeared first on Blockonomi.

bitcoinist.com Stablecoins See Largest Conversion Spreads In Africa, Research Shows

Africa’s promise of cheaper remittances via stablecoins is clashing with reality in many places. According to data from Borderless.xyz, January’s median spread for stablecoin-to-fiat conversions across Africa reached nearly 300 basis points — about 3% — far higher than Latin America’s roughly 1.3% and Asia’s tiny 0.07%. That gap matters. It hits wallets where people […]

news.bitcoin.com Danske Bank Adds Bitcoin and Ethereum ETPs to Trading Platform

Danske Bank enables customers in the EU to invest in bitcoin and ethereum via exchange‑traded products on its trading platform. Danske Bank announces that customers using Danske eBanking and Danske Mobile Banking can now buy selected exchange‑traded products (ETPs) tracking bitcoin and ethereum, offered by recognized providers and covered by Markets in Crypto‑Assets (MiCA) and […]

blockonomi.com SEC’s Atkins Grilled on Crypto Enforcement Pullback as Justin Sun Case Draws Congressional Scrutiny

TLDR: SEC paused Justin Sun’s wash trading case in 2023 while exploring resolution, raising conflict concerns over Trump ties  Atkins offered lawmakers confidential briefing on Sun case but cited regulatory restrictions on public discussions  SEC dropped major enforcement actions against Binance, Ripple, Coinbase, rejecting previous regulation-by-enforcement approach  Atkins confirmed SEC and CFTC are developing joint [...] The post SEC’s Atkins Grilled on Crypto Enforcement Pullback as Justin Sun Case Draws Congressional Scrutiny appeared first on Blockonomi.

blockonomi.com Kyrgyzstan’s Crypto Market Surpasses Major Bazaar With $22.8M in Tax Revenue

TLDR: Kyrgyzstan’s crypto sector generated $22.8 million in tax revenue, exceeding major market sources. Digital asset transactions reached $20.5 billion annually with over 200 exchanges operating legally. Crypto taxes surpass combined revenue from Dordoi Bazaar and all patent-paying businesses together. New regulations define cryptocurrencies while international sanctions target alleged evasion schemes.   Kyrgyzstan’s cryptocurrency sector [...] The post Kyrgyzstan’s Crypto Market Surpasses Major Bazaar With $22.8M in Tax Revenue appeared first on Blockonomi.