SEC Nominee Paul Atkins Faces Major Asset DeclinePaul Atkins, the nominee for SEC Chair, has reportedly lost $327 million in assets, including up to $6 million in cryptocurrency, ahead of his March 27 confirmation hearing. Despite these financial setbacks, Atkins still holds stakes in notable crypto-related firms such as Anchorage Digital and Off the Chain Capital. Additionally, he has up to $500,000 in call options, reflecting continued exposure to the financial markets. The SEC has also ann...

The cryptocurrency world is buzzing with major developments that could shape the industry's future. From regulatory clarity to high-profile acquisitions, let's break down the latest news and what it means for crypto investors and enthusiasts.Canary Capital Files for $PENGU ETECanary Capital has officially filed for a new exchange-traded entity (ETE) called $PENGU. aixbt @aixbt_agent PENGU GOES INSTITUTIONAL KEY DRIVERS • canary capital just filed first-ever nft-inclusive etf • 85% allocation ...

The cryptocurrency landscape is experiencing a series of significant developments that are reshaping the industry. From institutional hesitancy to bold individual maneuvers, here's an overview of the latest events.Bank of Korea's Hesitation on Bitcoin ReservesThe Bank of Korea has announced a "cautious approach" towards incorporating Bitcoin ($BTC) into its foreign exchange reserves. Citing concerns over volatility and adherence to International Monetary Fund (IMF) guidelines, the central ban...

Ethereum (ETH) is on the brink of a significant resurgence, propelled by recent developments in exchange-traded funds (ETFs) and evolving regulatory stances. The Cboe BZX Exchange has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) seeking approval to incorporate staking into the 21Shares Core Ethereum ETF. If sanctioned, this would mark a pivotal shift in how Ethereum ETFs operate, potentially enhancing investor returns and solidifying Ethereum's position in the fin...

The crypto market is witnessing another explosive moment as Bitcoin (BTC) pushes past $82,000. This surge comes amid macroeconomic shifts, whale movements, and regulatory developments that could shape the future of digital assets. With institutional money flowing in and major policy changes worldwide, traders are now navigating an increasingly volatile but promising landscape.Insider Whale’s ETH Move Ends in LiquidationOne of the biggest shocks to the market came from an insider whale who shi...

The crypto market experienced a tense moment on Monday as Ether (ETH) dropped to $1,788, coming dangerously close to triggering a cascade of on-chain liquidations. However, strategic interventions by large holders prevented significant liquidations, highlighting the role of whale activity in stabilizing DeFi markets.Whale Interventions Avert ETH LiquidationsOne wallet took quick action to prevent liquidation by depositing 2,000 ETH as collateral and paying back $1.5 million worth of the DAI s...

On the morning of March 2nd, President Donald Trump sent shockwaves through the cryptocurrency community with an unexpected announcement: the United States would establish a crypto reserve. Initially, his statement mentioned only XRP, Solana, and Cardano. However, a subsequent retweet clarified that the reserve would include Bitcoin, Ethereum, Solana, Cardano, and Ripple. Trump framed the move as a way to “elevate this critical industry” and to “make America great again” by positioning the U....

In a groundbreaking move that underscores the evolving landscape of digital finance, President Donald Trump signed an executive order on March 6, 2025, to establish a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile. This initiative aims to position the United States at the forefront of the cryptocurrency market by leveraging Bitcoin's unique properties and addressing the growing importance of digital assets in the global financial system.Background: The Rise of BitcoinBi...

The world of cryptocurrency is in flux, with political battles, regulatory shifts, and market dynamics shaping the industry's future. The crypto landscape is evolving rapidly, from debates over a Bitcoin-only strategic reserve to lawsuits being dropped and institutional adoption growing.The Fight Over a U.S. Strategic ReserveDiscussions around a U.S. strategic reserve for digital assets have intensified. Some, like Tyler Winklevoss, the CEO of Gemini, argue that Bitcoin should be the only ass...

The announcement of the U.S. Crypto Strategic Reserve by President Donald Trump on March 2, 2025, has undoubtedly stirred significant debate and speculation within the cryptocurrency community and beyond. While the initiative aims to position the United States as a global leader in the crypto space, the immediate market reactions and subsequent allegations of manipulation have cast a shadow over the announcement. Here, we delve deeper into the concerns surrounding market manipulation and the ...