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1 week ago | 
cryptowisser.com | Nikolas Sargeant
Coinbase Research has signaled that a convergence of technical breakdowns, weakening investor confidence, and macroeconomic challenges may herald the arrival of a new crypto winter, potentially echoing the severe downturn that dominated digital assets from late 2021 through early 2023.
In a Tuesday report, David Duong, head of institutional research at Coinbase, highlighted several concerning indicators.
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1 week ago | 
cryptowisser.com | Nikolas Sargeant
In a significant development for the NFT sector, Waylon Wilcox, a 45-year-old from Dillsburg, Pennsylvania, has pleaded guilty to failing to report over $13 million in profits from trading CryptoPunk NFTs between 2021 and 2022.
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1 week ago | 
cryptowisser.com | Nikolas Sargeant
MANTRA's leadership denied manipulation allegations following OM token's sudden collapse, attributing the crash to "reckless liquidations" during low-liquidity trading hours.
The native token of blockchain project MANTRA experienced a catastrophic 90% price drop in just 24 hours, raising serious questions about real-world asset tokenization platforms and their stability.
On April 13, OM token plummeted from approximately $6.30 to under $0.50, wiping out over $6 billion in market capitalization.
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1 week ago | 
cryptowisser.com | Nikolas Sargeant
Japan's Financial Services Agency (FSA) has released a discussion paper that proposes dividing cryptocurrency assets into two distinct categories and is actively seeking public input on this potential regulatory framework.
The FSA published "Examining the Structure of Regulatory Frameworks Related to Crypto Assets" on April 10th, requesting public feedback by May 10th.
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1 week ago | 
cryptowisser.com | Nikolas Sargeant
Bitcoin’s role in state financial infrastructure is gaining attention as legislative efforts in New Hampshire and Florida push for Bitcoin reserve integration. New Hampshire became the fourth state to pass a Bitcoin reserve bill through one of its legislative chambers, marking a significant move toward embracing decentralized financial assets. The bill proposes that a portion of the state's reserves be held in Bitcoin, citing its long-term store-of-value potential.
Florida is not far behind.
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1 week ago | 
cryptowisser.com | Nikolas Sargeant
In a groundbreaking move for the U.S. cryptocurrency space, former President Donald Trump has signed a resolution that nullifies a controversial IRS rule concerning decentralized finance (DeFi) platforms. The rule, which classified some DeFi participants as "brokers" under U.S. tax law, drew heavy criticism from industry leaders who argued it was overly broad and impractical to enforce.
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2 weeks ago | 
cryptowisser.com | Nikolas Sargeant
The US Securities and Exchange Commission (SEC) has given the green light for listing and trading options on several spot Ethereum ETFs, according to multiple Wednesday filings. Investors can now trade options linked to BlackRock's iShares Ethereum Trust (ETHA), Bitwise Ethereum ETF, Grayscale's Ethereum Trust, and Ethereum Mini Trust.
Options contracts provide buyers the right to purchase or sell the underlying asset—in this case, ETH—at a predetermined price within a specific timeframe.
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2 weeks ago | 
cryptowisser.com | Nikolas Sargeant
Pakistan is taking strategic steps to address its energy surplus by promoting Bitcoin mining and AI data centers. The government is formulating special electricity tariffs to attract these energy-intensive industries, aiming to utilize excess power generation without relying on subsidies.
The Pakistan Crypto Council (PCC), led by CEO Bilal Bin Saqib, is actively engaging with international mining firms to establish operations in regions with abundant surplus electricity.
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2 weeks ago | 
cryptowisser.com | Nikolas Sargeant
The U.S. Senate has confirmed Paul Atkins as the new chair of the Securities and Exchange Commission with a 52 to 44 vote on Wednesday evening.
The confirmation grants Atkins complete authority to lead the agency responsible for regulating America's capital markets, enforcing securities laws, and establishing the framework for financial supervision under the Trump administration.
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2 weeks ago | 
cryptowisser.com | Nikolas Sargeant
New York’s Assemblymember Clyde Vanel has introduced , which calls for a study into the use of blockchain technology to protect voter data and election results. The bill aims to explore how blockchain’s transparency and security could safeguard the integrity of future elections. With concerns about election security on the rise, this initiative could mark a significant step toward securing digital election systems.
