Key Takeaways Sui halted for a 3rd time in 2 days, disrupting the market as the Core Team next works on a long-term fix. The cause seems to …
Jason Scott
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Bitcoin
Trump Pushes Iran Ceasefire as Wall Street Posts Record Highs and Main Street Bleeds
by Jason Scottby Jason ScottKey Takeaways The S&P 500 closed at a record 7,592 on May 29, extending its winning streak to nine straight weeks. University of Michigan consumer sentiment hit a …
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Bitcoin
Bitcoin Climbs Above $74,000 After Trump Signals Strait of Hormuz Shipping Restart
by Jason Scottby Jason ScottKey Takeaways Bitcoin rebounded past $74,000 on May 29 after a sharp intraday drop to a multiweek low of $72,395. Donald Trump’s post on Truth Social triggered a …
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Key Takeaways Coinbase became the first U.S.-regulated FCM offering global crypto derivatives access. CFTC staff action supports Coinbase’s regulated route to global crypto options and perpetual futures liquidity. …
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Bitcoin
CFTC Takes Historic Step to Approve First True US Bitcoin Perpetual
by Jason Scottby Jason ScottKey Takeaways Historic CFTC approval opens the door for regulated bitcoin perpetual trading. Offshore-dominated crypto derivatives markets now have a U.S. regulatory pathway. Additional products could follow as …
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Bitcoin
SEC Grants Paxos Historic Approval to Clear and Settle US Equities on Blockchain
by Jason Scottby Jason ScottKey Takeaways The SEC has approved Paxos Securities Settlement Company to operate as a registered clearing agency. The regulatory milestone enables Paxos to deliver same-day T+0 settlement for …
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Bitcoin
Wall Street Embraces Binance as Vaneck Launches First US Spot BNB ETF
by Jason Scottby Jason ScottKey Takeaways Vaneck’s VBNB fund debuted on the Nasdaq on May 28 with $1.02 million in initial net assets. Anchorage Digital Bank provides custody for the BNB tokens …
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Bitcoin
NYSE Parent ICE Explores Potential Collaboration With Decentralized Exchange Hyperliquid
by Jason Scottby Jason ScottKey Takeaways ICE CEO Jeff Sprecher recently praised Hyperliquid, hailing the platform as bigger than Nasdaq. The CME and ICE lobbied the CFTC last month over Hyperliquid’s mammoth …
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Bitcoin
SEC Clears BlockShoals-Binance Sandbox, Sets 90-Day VASP Integration Before User Onboarding
by Jason Scottby Jason ScottThe Securities and Exchange Commission (SEC) has granted final approval to BlockShoals Technologies Inc. to initiate live operational testing under the regulator’s “StratBox” regulatory sandbox framework. In an …
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Key Takeaways Sui mainnet stalled for exactly 5 hours and 55 minutes on May 29, resulting from a bug in the Sui 1.72 release, which halted onchain block …
