Author: AltCoinDrops.com
TLDR The SEC and Gemini Trust have reached a resolution in principle over a crypto lending dispute. Both parties have requested an indefinite stay in the civil case, subject to approval by the SEC. The SEC filed the original complaint in January 2023, accusing Gemini Trust and Genesis Global Capital of offering unregistered securities. Gemini Trust and Genesis raised billions in crypto assets from US retail investors without proper registration. In 2024, Genesis reached a $21 million settlement with the SEC, marking a significant step toward resolution. The US Securities and Exchange Commission (SEC) and Gemini Trust Company have reached…
Key Takeaways How much Bitcoin do institutions now control? Institutional investors, funds, and public companies collectively hold 12.3% of Bitcoin’s total supply, up 5% in the past year. What’s happening with altcoins in corporate portfolios? Some firms are experimenting with altcoins, but many have struggled to deliver returns, raising concerns about muddying the narrative around crypto treasuries. Bitcoin’s [BTC] meteoric rise in 2025 has cemented its status as the centerpiece of the digital asset market, with prices soaring to a new all-time high of $1,245,000. The surge in adoption has been fueled not only by growing institutional demand but also by…
Ethereum Foundation Bets on AI Future With Launch of dAI Team for Decentralized Machine Economy
TLDR: Ethereum Foundation launches dAI Team to focus on AI economy and decentralized AI stack for machine coordination. Team aims to connect Ethereum protocol improvements with AI builders to strengthen trustless and verifiable infrastructure. ERC-8004 standard development continues to verify AI agents’ identity and reliability on Ethereum. dAI Team will support ecosystem projects and public goods to make Ethereum the preferred AI settlement layer. Ethereum is turning its focus toward artificial intelligence. The Ethereum Foundation has announced the formation of a new unit called the dAI Team, dedicated to connecting AI development with the blockchain’s capabilities. The group plans to…
Bitcoin treasury firm Strive adds industry veterans to board, launches new $950 million capital initiatives
Strive, which recently closed its merger with Nasdaq-listed Asset Entities, announced its board of directors on Monday, bringing a wealth of crypto industry background to the “first publicly traded asset management Bitcoin treasury company,” along with more details regarding its Bitcoin accumulation strategy.The company raised $750 million in financing, with up to an additional $750 million in financing from warrants over the first 12 months, according to a release. It will start off with initial bitcoin holdings of 69 BTC, worth around $7.9 million in today’s prices, that were raised under Section 351 of the Internal Revenue Code, a provision…
In the world of digital money, a quiet war is brewing over what a “dollar” should be. For a long time, the deal in crypto was simple – You held stablecoins like USDT or USDC because they were stable and liquid. However, as central banks cranked up interest rates, a nagging question emerged – Why isn’t my digital dollar earning me anything? This opened the door for a new challenger – Tokens backed by actual U.S. Treasury Bills. Now, anyone with a crypto wallet has a real choice to make. Do you stick with the familiar, deeply connected stablecoins, or…
REX Shares will launch the first spot exchange-traded fund on XRP this week, according to an update the company shared on Monday. Summary REX-Osprey’s XRP exchange-traded fund will debut this week, REX Shares revealed. The spot fund, REX-Osprey XRPR ETF, joins others on Solana and Dogecoin that REX Shares has filed for under the Investment Company Act of 1940. The REX-Osprey XRPR ETF, a spot exchange-traded fund structured as a spot ETF under the securities laws of the Investment Company Act of 1940, will hold real XRP, cash, derivatives and Treasuries. In this case, XRPR is set to be the…
Chainlink price has tumbled over the last three consecutive days, moving from last week’s high of $25.65 to $23.50. Summary LINK price plunged as the crypto market retreated. It also dropped as whales continued to dump the token. On the positive side, the coin has strong fundamentals. Chainlink (LINK), the biggest oracle in the crypto industry, dropped as sentiment in the crypto market worsened ahead of the Federal Reserve and as investors booked profits following last week’s rally. Chainlink price crashes as liquidations jump The decline also happened as liquidations jumped. CoinGlass data showed that liquidations rose to over $3.3…
Forward Industries has gone all in on Solana, securing more than 6.8 million tokens and immediately committing them to staking. The move signals the company’s long-term, vested interest in the health of the Solana ecosystem itself. Summary Forward Industries acquired 6.82 million SOL tokens worth $1.58B in its first treasury move. The purchase was funded by a $1.65 billion PIPE financing led by Galaxy Digital, Jump Crypto, and Multicoin Capital. All tokens were staked, underscoring a long-term Solana treasury strategy and shift beyond the company’s legacy business According to a press release shared with crypto.news on Sept. 15, the Nasdaq-listed…
The Ethereum Foundation’s Privacy and Scaling Explorations team has rebranded as Privacy Stewards of Ethereum (PSE). Such a name change reflects its push to make end-to-end privacy an essential part of the network. As highlighted on PSE’s new roadmap, the team’s role ‘isn’t to own every solution in the space, but to drive clarity, focus, collaborations, and outcomes across the ecosystem.’ This way, they can ensure ‘privacy is treated as a first-class feature at the application layer.’ Alongside these developments, Best Wallet emerges as an excellent combo. The non-custodial crypto wallet gives you full control of your assets on Ethereum…
Key Takeaways Will Dogecoin’s price go past $1 in 2025? It will depend on a host of factors, including the possible approval of a Spot ETF. Do Dogecoin traders have anything to worry about? Its reputation as a meme and its inflationary model could play a role here. Dogecoin is coiling up for a big move, but nobody’s sure which way it’ll go. The price is barely holding on above a key support level, and while the charts are screaming that a breakout is coming, the signals are a messy mix of bullish and bearish. Underneath it all, big-money “whales”…
