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SEC Commissioner Crenshaw Rebuffs Statement on Liquid Staking

Coins Legend August 6, 2025 0

The staunch crypto critic has once again challenged her colleagues in the SEC’s Division of Corporation Finance on their favorable guidance on liquid staking. Crenshaw Pushes Back on SEC’s Liquid Staking Guidance Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission

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Bitcoin Treasury Firm Satsuma Raises $218M in Oversubscribed Round

Coins Legend August 6, 2025 0

London-based Satsuma Technology PLC has successfully raised £163.6 million ($217.65 million) in an oversubscribed second round of secured convertible loan notes, significantly exceeding its minimum £100 million target. London’s Satsuma Raises Funds for AI and Bitcoin Plans The publicly listed company, Satsuma (LSE: SATS), specializing in decentralized artificial

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SBI Holdings Proposes Bitcoin/XRP ETF for Tokyo Stock Exchange

Coins Legend August 6, 2025 0

Japan’s SBI Holdings said it plans to launch a bitcoin/ XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, but the launch is contingent on the Financial Services Agency approving cryptocurrency-linked investment trusts and ETFs. FSA’s Regulatory Review The Japanese financial services group, SBI Holdings, recently revealed its plan to launch a bitcoin/ XRP

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Solana’s Seeker Phone Introduces Mobile Staking Powered by SOL Strategies

Coins Legend August 6, 2025 0

Solana Mobile’s Seeker phone has begun shipping, featuring SOL Strategies as the exclusive validator operator, enabling in-phone staking for users. Solana’s Seeker Phone Embeds SOL Strategies’ Compliant Validator for Mobile Staking The Solana Mobile Seeker phone, a crypto-native smartphone designed for active blockchain users, officially launched on August 4, 2025, with

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Ether ETFs Bounce Back With $77 Million Inflows as Exits Continue on Bitcoin

Coins Legend August 6, 2025 0

Bitcoin exchange-traded funds (ETFs) remained under pressure on Tuesday, posting a $196 million outflow, their fourth consecutive day in the red. Ether ETFs staged a recovery with $77 million in net inflows, signaling diverging investor sentiment. Bitcoin ETFs Red Streak Hits Day 4 As Ether ETFs Turn Green with Solid Inflows The split in investor […]

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Tornado Cash Founder Guilty of Unlicensed Business Operation

Coins Legend August 6, 2025 0

Tornado Cash developer Roman Storm was convicted Wednesday of conspiracy to operate an unlicensed money transmitting business, while the jury deadlocked on charges of conspiracy to commit money laundering and conspiracy to violate North Korea sanctions. Jury Convicts Storm on 1 Count; Deadlocked on Money Laundering, North Korea Sanctions The verdict followed five days of

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Bitcoin Regains $115K as Markets Recover

Coins Legend August 6, 2025 0

An accumulation of small wins in the macroeconomic environment seems to have buoyed both stock and crypto markets. Market Rebound Pushes Bitcoin Back Above $115K Positive corporate earnings, favorable regulatory developments, and a $100 billion investment by Apple, all appear to have lifted stocks and crypto on Wednesday. Bitcoin, which had tumbled all the way […]

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High-Debt Nations Eye Gold Reserve Profits for Funding, Fed Note Shows

Coins Legend August 6, 2025 0

Governments grappling with high debt are exploring an unusual accounting maneuver – revaluing national gold reserves at current high market prices to generate funds without raising taxes or borrowing more, according to a Federal Reserve analysis. Global Precedent Exists for Tapping Gold Reserves’ Hidden Value, Fed Says A recent note published by the Federal Reserve […]

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Bitcoin Futures Open Interest Nears $79B as Options Skew Bullish

Coins Legend August 6, 2025 0

Bitcoin derivatives activity has climbed to unprecedented levels, with futures open interest across major exchanges reaching $79 billion and options positioning signaling a heavy tilt toward calls. Bitcoin Derivatives Market at Record Levels as Traders Position for Moves According to Coinglass data, total BTC futures open interest (OI) stands at 692,490 BTC, equivalent to

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Bakkt Targets Japan With Marusho Hotta Deal and Domain Acquisition

Coins Legend August 6, 2025 0

Bakkt Holdings Inc. (NYSE: BKKT) announced Wednesday it will acquire roughly 30% of Tokyo-listed MarushoHotta Co., Ltd. (TSE: 8105), becoming the company’s largest shareholder and advancing its multinational bitcoin treasury strategy. Bakkt Expands Into Japan The share purchase agreement with RIZAP Group Inc. positions Bakkt to influence MHT’s direction, with Phillip Lord,