Strategy Raises $2B As Bitcoin Holdings Stay Flat For The Week
Posted inCryptocurrency Market News

Strategy Raises $2B As Bitcoin Holdings Stay Flat For The Week

Strategy Inc., formerly MicroStrategy, has raised $2.01 billion through an at-the-market equity offering while reporting no new Bitcoin purchases during the latest weekly window. In an 8-K filed on August 24, the company said it sold 18.26 million shares between August 17 and August 23. The proceeds were used to establish a new “USD Cash”…
Crypto Groups Sue To Block Illinois Digital Asset Tax Act
Posted inCryptocurrency Market News

Crypto Groups Sue To Block Illinois Digital Asset Tax Act

The Blockchain Association and Crypto Council for Innovation have filed a joint lawsuit challenging Illinois’ Digital Asset Tax Act, setting up a legal fight over whether the state can impose a transaction tax on digital asset activity. The lawsuit was filed in Illinois state court on August 21 and seeks to block the law before…
Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
Posted inCryptocurrency Market News

Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act

The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation. The proposed rulemaking was issued on August 18 and published on August 21. Under the proposal, payment stablecoin issuers would need to obtain a federal or…
Coinbase Investor Class Action Can Move Forward, Federal Judge Rules
Posted inCryptocurrency Market News

Coinbase Investor Class Action Can Move Forward, Federal Judge Rules

A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors…
Is XRP About To Surprise The Market? Finance Expert Weighs In
Posted inAltcoin

Is XRP About To Surprise The Market? Finance Expert Weighs In

A finance expert believes XRP may be approaching a notable moment amid ongoing market and regulatory developments. Finance guru Coach JV points to regulatory delays, policy uncertainty, and behind-the-scenes activity as factors that could shape the token’s next moves. While the situation is far from certain, his perspective highlights why investors are watching XRP closely…