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Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake

Coins Legend May 21, 2025 0

Commerce Secretary Howard Lutnick has agreed to transfer his stake in Cantor Fitzgerald to his children and a group of investors, as part of an ethics agreement with the U.S. government. Lutnick Complies With Ethics in Government Act U.S. Commerce Secretary Howard Lutnick has reportedly agreed

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Solana Chain Extension Sonic SVM Introduces New Token Burn Program

Coins Legend May 21, 2025 0

Sonic SVM, the first SVM chain extension on Solana, has announced the introduction of a new SONIC burn program aimed at enhancing the token’s value accrual mechanism. This strategic redesign replaces the previous burning model with a buy-and-lock system, where 50% of all transaction fees will be used to purchase SONIC tokens from the open […]

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Coinbase May Soon Acquire Circle According to Rumors

Coins Legend May 21, 2025 0

Reporting by Fortune says the stablecoin issuer is currently in talks with Coinbase about a potential acquisition even as it gears up for an initial public offering (IPO). Could a Coinbase-Circle Deal Reshape Crypto’s Stablecoin Landscape? It’s no secret that Circle, the giant stablecoin issuer behind USDC, recently filed paperwork with regulators in April as […]

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India Supreme Court Asks Government Why Crypto Still Isn’t Regulated

Coins Legend May 21, 2025 0

India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy. Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity The Supreme Court of India urged the central government to establish a clear policy on cryptocurrency regulation,

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Robert Kiyosaki Warns Moody’s Downgrade May Ignite 1929-Style Meltdown

Coins Legend May 21, 2025 0

Robert Kiyosaki warns the U.S. credit downgrade could ignite economic collapse, making bitcoin, gold, and silver essential shields against a failing financial system. Robert Kiyosaki Recommends ‘Saving Real Gold and Silver and Today Bitcoin’ Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has weighed in on the recent downgrade of U.S. debt […]

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SEC Chair Outlines Key Priority to Develop Rational Crypto Framework

Coins Legend May 21, 2025 0

Crypto regulation is entering a new era as the SEC commits to ditching aggressive enforcement in favor of crystal-clear rules, unleashing long-awaited momentum for blockchain innovation. Crypto Gets Regulatory Reset as SEC Chair Paul Atkins Prioritizes Clarity Over Crackdowns U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins delivered a pointed message to

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Bitcoin Price Flirts Near Record High—Is a Melt-up on the Horizon?

Coins Legend May 21, 2025 0

The price of bitcoin is hanging around the $106,831 range as it reached an intraday high of $107,340 per coin. Bitcoin’s Six-Figure Streak Hits Day 13—Record in Sight At 8 p.m. Eastern time, bitcoin (BTC) is coasting along just below the $107,000 range, up 1.5% against the U.S. dollar. Presently, BTC’s market cap is around […]

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KULR’s Bitcoin Strategy Yields 220%, Holdings Hit 800 BTC

Coins Legend May 21, 2025 0

KULR Technology Group has increased its bitcoin holdings to 800.3 BTC, valued at $78 million, after purchasing an additional $9 million worth of the leading cryptocurrency. KULR Acquires Additional $9M in Bitcoin According to the release shared with Bitcoin.com News, the company acquired the latest bitcoin purchase at a weighted average price of $103,234 per […]

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Robinhood Proposes SEC Framework to Bring Real-World Assets Onchain

Coins Legend May 21, 2025 0

Robinhood has submitted a detailed proposal to the U.S. SEC seeking a unified regulatory framework for tokenized real-world assets. If adopted, it could establish the foundation for a legally compliant, blockchain-powered U.S. securities market. Robinhood’s SEC Proposal Could Lay the Groundwork for Tokenized Finance in the U.S. Robinhood is taking a bold step toward

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Systemic Stress Tests Bond Markets as Long Yields Skyrocket Globally

Coins Legend May 21, 2025 0

Long-term U.S. Treasury yields loom near 18-year peaks as anxieties over global sovereign debt deepen, challenging faith in conventional financial safe havens. Investors Dump Long-Dated Bonds as Credit Risks Spread This week, U.S. Treasury yields approached critical thresholds: The 30-year bond briefly breached 5% for the first time in 16 years, fueled by Moody’s decision