Solana ETF regulatory filings flood in as Gensler sets departure date
Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US.
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IRS Allegedly Hopes to Make Tech Giants Release User Crypto Activity
The United States’ Internal Revenue Service (IRS) is allegedly considering requiring tech giants to report on crypto activity by users, according to a presentation reportedly from an IRS presentation and provided by a Twitter user on July 9.According to the documents shared, the IRS hopes to use Grand Jury subpoenas on firms such as Apple,…

Mt. Gox creditors fail to set repayment date, but markets to remain unaffected
Eight years ago, in 2014, the crypto world was rocked by the crippling hack of Mt. Gox, a popular Bitcoin (BTC) exchange, which was forced to shut down after miscreants were able to make away with approximately 850,000 BTC, worth more than $16 billion at today’s exchange rates. At the time of the incident, the Tokyo-based…

CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO
The Chicago Mercantile Exchange (CME) will not introduce futures on cryptocurrencies other than Bitcoin (BTC) in the near future, CME CEO Terry Duffy revealed in an interview with Bloomberg July 26. In the interview, Duffy said that the company should first evaluate and develop an approach for Bitcoin, stressing that Bitcoin futures “might have been…

Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
The bottom "is not in" for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500. 1156 Total views 18 Total shares Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets.BTC/USD 1-hour candle chart…

ConsenSys Exec: Layoffs Did Not Exceed 10 Percent, Mainly Affect Support Staff
Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent developments at the Crypto Finance Conference in Switzerland on Jan. 18.Grellet said that the staff cuts were a “natural movement” and mainly affected…

Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated.

Bitcoin Doubters ‘Having a Hard Time’ Continuing Doubting, Says Nexo Exec
Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin (BTC) naysayers are having a hard time in an interview with CNBC published on June 25.During the interview, Trenchev pointed out that bitcoin has been defined dead over 300 times (90 only last year) and “has risen from the ashes yet…

BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.