Why the S&P 500 committee could deny MSTR inclusion on Friday
MSTR investors are hoping for good news from the US Index Committee on Friday about its potential S&P 500 inclusion. Source link
Coinbase
Bitcoin
Registered Exchanges Can List Crypto Assets
In a major breakthrough for the U.S. digital asset market, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a rare joint statement saying that registered exchanges can now list “certain spot crypto assets.” This ends years of uncertainty and allows mainstream U.S. exchanges—like the New York Stock Exchange
Crypto
Nasdaq-listed Webus plans to bring XRP payments to Air China loyalty members
Key Takeaways Webus plans to introduce XRP payments for Air China’s PhoenixMiles loyalty members via Wetour. The integration aims to offer faster settlement, tokenized rewards, and blockchain-enabled vouchers for travelers. Share this article Nasdaq-listed Webus International Limited has formed a strategic partnership with Air China Limited, one of China’s three major state-owned airlines, to offer
Crypto
US Jobs Data and BTC USD and Bond Market Rally Put Fed Rate Cuts in Focus
BTC USD and the wider markets are bracing for a busy Thursday of economic releases. August ADP Nonfarm Employment, Initial Jobless Claims, the ISM Services PMI, and the S&P Global Services PMI are all due. These reports will shape expectations for whether the Federal Reserve moves forward with a September rate cut. The anticipation follows
Tech & AI
A Labubu Rave Offers a Salve for the Darkest Timeline
Inside the cavern of Catch One nightclub on the last Friday in August, neon laser beams shower the dance floor and bodies sway in devotional harmony, as ravers from every corner of Los Angeles flock to deliver an offering at the altar of Labubu. Everyone is here. The true believers and truly curious, the trend
Coinbase
BitMEX invested heavily in US lobbying before its pardon
According to OpenSecrets, BitMEX paid nearly $800K between 2019 and 2021 to lobbying and consultancy firm Edelman. Source link
Bitcoin
Polymarket Poised to Return to US After CFTC Staff Grants QCX No-Action Relief
The Commodity Futures Trading Commission’s Division of Market Oversight and Division of Clearing and Risk issued a no-action position Sept. 3 allowing QCX LLC and QC Clearing LLC to be exempted, under narrow conditions, from certain swap-related recordkeeping and swap data reporting requirements for event contracts, including binary option and variable payout contract transactions executed
Crypto
Litecoin Calls Ripple ‘Unwanted,’ Analyst Claps Back
Ripple’s XRP token has once again been dragged into crypto’s ongoing tribal battles after being ridiculed as “unwanted” by the Litecoin (LTC) official X account. The jab triggered a storm of reactions, with traders, analysts, and community members pushing back, pointing to XRP’s top-three position in global market cap rankings as evidence that there’s still
Crypto
Corporate BTC treasuries are a threat to market stability
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Comparing this year’s Bitcoin (BTC) chart to the U.S. dollar’s DXY index makes for a stark contrast. While Bitcoin has soared to new heights, breaching the $120,000 threshold, the DXY has had
Coinbase
Crypto streamer Gainzy nukes his own token 99% with one ‘accidental’ click
Gainzy’s fumble cut gnzystrm’s market cap from $4.6M to $12K. On the plus side, the sale made him a quick $168K. Source link