President Donald Trump’s family-backed crypto project, World Liberty Financial (WLFI) has passed a governance proposal requiring token holders to lock up their tokens for nearly six months in order to participate in protocol voting. Summary WLFI holders approved a governance proposal requiring token holders to stake their tokens for 180 days in order to participate…
Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake in SpaceX, formalizing financial ties between the billionaire’s companies ahead of the rocket maker’s planned initial public offering, according to a Bloomberg report. Filings with the US Federal Trade Commission list Tesla as the acquirer…
While global markets panic over rising oil prices and geopolitical tension in the Middle East, Bitcoin is doing something unexpected. Typically, when fear grips the market, investors flee to Gold or the US Dollar. Yet, as Gold prices dipped below $5,100 and equity markets wobbled, the BTC price $73,000 milestone was shattered. So, why is…
The U.S. Court of Appeals for the Tenth Circuit has rejected an effort by Custodia Bank to revive its legal challenge against the Federal Reserve over access to the U.S. banking system. In a March 13 decision, the appellate court voted 7–3 against rehearing the case en banc, leaving intact an earlier ruling issued in…
Crypto trading platform BlockFills announced today that it has entered Chapter 11 after the company suspended trading and withdrawals amid market volatility. The decision follows extensive discussions with investors, clients, creditors, and other stakeholders and is intended to preserve the value of the business while maximizing recoveries, according to the firm. Following our previous communication…
Ethereum is trading sideways, frustrating retail investors who have watched the second-largest cryptocurrency stagnate. But beneath the choppy price action, a critical on-chain signal has just flashed green. The Ethereum Scarcity Index on Binance has climbed to 0.67, a positive reading that indicates more ETH is leaving the exchange than entering it. This metric suggests…
