Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Robinhood Hits Record High on Tokenized Stock Rollout for EU Users

Robinhood stock soared 12% on Monday to an all-timehigh as the trading app unveiled a major expansion into tokenized assets,offering European users access to both public and private equity throughblockchain infrastructure. The sharp rally followed the company’s announcementthat users in the European Union can now trade tokens tied to over 200 U.S.stocks, as well as private firms like OpenAI and SpaceX.The rally marked Robinhood’s largest single-day gainin nearly a year, with shares boosted by in

Treasury Secretary Bessent Leads Search for Next Fed Chair as Powell’s Term Nears End

Treasury Secretary Scott Bessent is actively involved in selecting a replacement for Federal Reserve Chair Jerome Powell, whose term concludes in May 2026, with President Donald Trump expected to announce a successor imminently. Powell Successor Expected Soon; Bessent Warns of Market Risks Treasury Secretary Scott Bessent is playing a pivotal role in the process of […]

Senator Lummis announces OBBB crypto tax amendment while crypto advocates mobilize for approval

Senator Cynthia Lummis revealed on June 30 that she would introduce an amendment to add crypto tax language to the “One Big Beautiful Bill” (OBBB) amid pushes from crypto advocates in the same direction.Lummisposted on X that she is drafting an OBBB amendment “to ensure Americans can use digital assets without fear of tax violations.” Sheadded: “For years, miners and stakers have been taxed TWICE. Once when they receive block rewards and again when they sell it. It’s time to stop this unfair tax

Robinhood Launches ETH and SOL Staking in US Amid Ongoing Regulatory Uncertainty

Robinhood has officially introduced crypto staking for eligible U.S. customers, starting with Ethereum (ETH) and Solana (SOL). The…

REX Shares’ Solana ETF on the brink of trading launch as SEC readies greenlight

REX Shares spot Solana staking exchange-traded fund (ETF) is poised to become the first SOL ETF to begin trading in the United States, potentially as early as this week.Bloomberg senior ETF analyst Eric Balchunas said on June 28 that the company’s latest filing with the U.S. Securities and Exchange Commission (SEC) indicates it is ready to go live.He wrote:“Rex also filed an updated prospectus, which totally filled in. Add it all up and it appears as though all systems go for imminent laun

Bitcoin ETFs Stay Hot With Half-Billion Dollar Inflow

Bitcoin exchange-traded funds (ETFs) tallied their 14th consecutive day of net inflows, pulling in a massive $501 million. Ether ETFs also rebounded with a solid $77.45 million gain, led by Blackrock and Fidelity. ETF Inflows Power On: Bitcoin Rakes in $501 Million, Ether Adds $77 Million The floodgates remain wide open for U.S. spot bitcoin […]

Robinhood unveils crypto-heavy roadmap that lifts stock to all-time high

Robinhood’s stock (HOOD) reached a new all-time high (ATH) after it revealed plans to launch several innovative products, including its own Layer 2 blockchain, tokenized stocks offering, perpetual futures trading, and crypto staking services.Following the news, the stock surged approximately 11% to $92, a new all-time high for the firm. This extends a growth trend that has seen the shares rise more than 34% this month.Robinhood’s new product offeringOn June 30, Robinhood revealed pla

FCA Now Wants Regulated Firms to Use New Portal for Invoicing, Credit Tasks

The UK Financial Conduct Authority (FCA) has expandedits recently launched 'My FCA' portal to allow regulated firms to manageinvoices and credit tasks from a single access point. The move is part of the regulator’s ongoing effort tostreamline operations and reduce the administrative burden on firms.No More Switching Between PlatformsStarting today (Monday), firms authorized andregistered with the FCA can complete Online Invoicing System (OIS) tasksdirectly through the My FCA portal. The FCA will

SOGNI will be available for trading!

We’re thrilled to announce that SOGNI will be available for trading on Kraken!Funding and tradingSOGNI trading will be live as of Wednesday, July 2, 2025.To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.Trade on KrakenHere’s some more information about this asset:SOGNIAISogni AI is a decentralized platform for crea

Crypto.com Vs. Coinbase: Fees, Features, and More Compared

Crypto.com vs. Coinbase are two popular trading platforms in the cryptocurrency space. Both exchanges allow traders to buy, hold, sell, and handle crypto transactions with ease. Although these two trading platforms are known for their global presence and user-friendly interfaces, each one has unique features that make them suitable for different sets of traders.Crypto.com provides an all-in-one crypto solution. It offers a wide range of features, including a crypto card, competitive staking rewa

Bitcoin Still Flat Even as Whales Stack and Stocks Rally

Stock markets closed at record highs on Friday and institutions went on a bitcoin buying frenzy, but the cryptocurrency’s price hasn’t seen any significant upswings. Stocks Climb, Whales Stack, So Why Is Bitcoin Stuck in Neutral? Both the S&P 500 and the Nasdaq closed at all-time highs on Friday. Today, the Dow is up by […]

XRP Ledger launches EVM sidechain, bridging Ethereum and XRP

The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement.The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem.The XRPL EVM sidechain is built to be fast and secure and is connected to the XRP Ledger via the Axelar Bridge. Axelar is a prominent protocol known for its connectivity with over 80 blockchain networks. This integration i

Analysts Clash Over Strategy’s Bitcoin Strategy Premium 

Prominent financial analysts engaged in a heated public debate this weekend over the performance and mechanics of Strategy’s (MSTR) bitcoin-focused corporate strategy, highlighting deep divisions over the company’s valuation premium. Premium Fuel: Experts Debate MSTR’s Outperformance vs. Bitcoin The exchange featured Lyn Alden, founder of Lyn Alden Investment Strategy and a noted bitcoin bull; Jim […]

Once Meant for Institutions, Retail Traders Can Now Analyse Liquidity with dxFeed and ATAS

dxFeed has expanded its collaboration with ATAS to deliverhistorical DOM Levels (Heatmap) data for futures contracts. The feature is nowavailable for key instruments listed on major US and European exchanges,including those from CME Group and EUREX.Benefits for Retail Traders and BrokersFor retail traders, the addition of historical DOM heatmapdata offers access to advanced market insights that were previously more commonamong institutional participants. It helps individual traders move beyond b

SEC to rule on Grayscale’s proposal to convert Bitcoin, Ether, XRP, and ADA large-cap fund into a spot ETF this week

<p>Approval could set a precedent for broader crypto ETF adoption, potentially transforming investment landscapes and regulatory approaches.</p><p>The post <a href="https://cryptobriefing.com/crypto-etf-approval-grayscale/">SEC to rule on Grayscale’s proposal to convert Bitcoin, Ether, XRP, and ADA large-cap fund into a spot ETF this week</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Strategy edges closer to 600K BTC as major players intensify Bitcoin buys

Institutional Bitcoin accumulation shows no signs of slowing as Strategy and Metaplanet purchased close to 6,000 BTC last week, continuing their aggressive acquisition strategies.According to their separate announcements on June 30, the two companies acquired 5,985 BTC, investing approximately $640 million in the process.Strategy moves closer to 600K BTCStrategy, the largest corporate holder of Bitcoin, added 4,980 BTC for $531.1 million, according to a June 30 filing with the US Securities and

Tokenized Stocks Mania: Two Mega Crypto Exchanges Enter the Space Nearly 2 Hours Apart

In a sign of growing momentum behind tokenizedfinance, two major crypto exchanges, Kraken and Bybit, unveiled their listingsof tokenized U.S. stocks just two hours apart. The launches mark a significant milestonein efforts to bring traditional equities onto blockchain rails and offer globalinvestors access to Wall Street in crypto-native form.Kraken was first to make its move today (Monday), launching 60tokenized equities under the xStocks brand, powered by Swiss issuer Backed. Theoffering inclu

South Korea Halts CBDC Phase 2 Testing Amid Stablecoin Surge and Uncertainty

Key Takeaways:South Korea’s central bank has paused its second phase of CBDC (central bank digital currency) testing.The decision was influenced by banks’ financial concerns and the ongoing push for stablecoin regulation.Korean financial institutions are shifting focus to stablecoin issuance with private and blockchain firms.South Korea’s efforts to introduce a central bank digital currency (CBDC) have hit a pause. The Bank of Korea (BOK) has suspended its second round of testing for the digital

New Co-Founder at Willybit Brings Experience in Payment Solutions and Blockchain

David Ramil has announced his new position as Co-Founder atWillybit LTD. He shared the update on LinkedIn today (Monday).On the post Ramil wrote: “I have started in a new Co-Founderposition at Willybit LTD.”Independent Work in Payments and BlockchainSince January 2022, Ramil has been working independentlyfrom Cyprus. His work has focused on business development and payment solutionstargeting high-risk industries. He supported three main areas: payout services in sevenLatin American countries, co