US Lawmakers Demand SEC Clarify Position On Prometheum’s Plans For Ether | ZeroHedge

Authored by Turner Wright via CoinTelegraph.com,

According to a letter for SEC Chair Gary Gensler, leaving Ether in regulatory limbo between the SEC and CFTC could have "irreparable consequences for the digital asset (more…)

Continue ReadingUS Lawmakers Demand SEC Clarify Position On Prometheum’s Plans For Ether | ZeroHedge

Bitcoin Slides After Judge Rules SEC’s Coinbase Suit Can Proceed Even As ETF Inflows Jump | ZeroHedge

Bitcoin's price pumped (up to almost $72,000) and dumped (back below $69,000) this morning after net BTC ETF inflows buoyed the cryptocurrency overnight and legals issues reigniting for Coinbase appeared to spoil the party…

Source: Bloomberg

Yesterday saw net inflows to BTC ETFs surge to their highest in two weeks (over $417mm)…

Source: Bloomberg

But this morning, Coinbase's motion to drop the SEC's case against the exchange was denied in court, allowing the regulator to proceed with its (more…)

Continue ReadingBitcoin Slides After Judge Rules SEC’s Coinbase Suit Can Proceed Even As ETF Inflows Jump | ZeroHedge

Demand For BlackRock’s BUIDL Means Over $1BN In US Treasuries Have Now Been Tokenized On-Chain | ZeroHedge

More than $1 billion worth of United States Treasuries now exist across Ethereum, Polygon, Solana, and other blockchains.

The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund – BUIDL, which joined 16 other tokenized government securities funds last week.

BlackRock’s product, tickered “BUIDL,” was launched on Ethereum on March 20 and now boasts a market cap of $244.8 million. 

According to Etherscan, four transactions to the fund totaling $95 million over the week added a boost to the fund, making it the second largest tokenized government securities fund. 

CoinTelegraph's Brayden (more…)

Continue ReadingDemand For BlackRock’s BUIDL Means Over $1BN In US Treasuries Have Now Been Tokenized On-Chain | ZeroHedge