Steven Walgenbach

An ETF (exchange-traded fund) tracking the trading activity of Congress members with close ties to Donald Trump is set to launch soon, and might have a crypto component.  According to Bloomberg Intelligence ETF analyst Eric Balchunas, the Tuttle Capital Government Grift ETF (GRFT) could launch as early as Friday.  His prediction comes after the US […]

Tether could overtake Saudi Aramco to become the world’s most profitable company, Bitwise Chief Investment Officer (CIO) Matt Hougan said. Hougan argued in a memo that Tether’s dominance in non-western markets means those places may convert from primarily using their own currencies to using USDT. If that happens, it would translate into Tether managing trillions […]

A crypto ETF (exchange-traded fund) tsunami is coming in October with the US Securities and Exchange Commission (SEC) set to deliver rulings on 16 funds for altcoins including Solana, XRP and Dogecoin. Those rulings are expected to be delivered in a month that has historically been a bullish period for the crypto markets. As such, […]

Pro-crypto New York City Mayor Eric Adams has announced that he will drop out of his re-election bid, leaving the future of his plans to make the Big Apple a crypto capital uncertain. “The constant media speculation about my future and the campaign finance board’s decision to withhold millions of dollars have undermined my ability […]

The Australian Securities and Investments Commission (ASIC) has introduced licensing exemptions for intermediaries that distribute stablecoins issued by licensed entities.  Intermediaries that are involved in the distribution of stablecoins issued by licensed entities are no longer required to hold their own AFS, market or clearing and settlement facility licenses under the new ASIC Corporations (Stablecoin […]