The United States Securities and Exchange Commission (SEC) has again included cryptocurrencies in its list of examination priorities for the next year, even as its leadership and government control could change hands. In an Oct. 21 notice, the SEC’s Division of Examinations released its priorities for 2025, including crypto assets and their “associated products and services.” According…
Decentralized physical infrastructure networks (DePIN) are reshaping how physical resources are managed. DePIN decentralizes control over physical infrastructures by allowing individual contribution, thus enables the building of more efficient infrastructure solutions across various industries while relying less on centralized entities. The trend is especially relevant for the rapidly expanding Internet of Things (IoT) ecosystem, which connects…
European investors have allocated a record amount of capital into spot Bitcoin exchange-traded funds (ETFs) in the United States. Europeans have invested over $105 billion in spot Bitcoin ETFs year-to-date (YTD), marking an all-time high. The record European ETF flows were shared by Eric Balchunas, a senior ETF analyst at Bloomberg, who wrote in an Oct. 21 X post:…
The Bitcoin hashrate has reached a new all-time high, showcasing the growing security of the world’s first blockchain network. The Bitcoin network hashrate — the total computing power securing the Bitcoin network — reached an all-time high of 769.8 exahashes per second (EH/s) on Oct. 21. The hashrate has been in a steady uptrend since…
Tether’s United States dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential crypto rally. Tether’s USDt, the world’s largest stablecoin, surpassed the $120 billion mark on Oct. 20, according to the firm’s website, which offers live updates of the stablecoin’s supply. Stablecoins are the main on-ramp between the…
A recent research paper by the Federal Reserve Bank of Minneapolis suggests that assets such as Bitcoin should be taxed or banned for governments to maintain deficits. In an economy where the government tries to maintain permanent deficits using nominal debt, the presence of Bitcoin creates problems for policy implementation, the Minneapolis Fed said in a…
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