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The Crypto Briefing

Elon Musk rejected OpenAI’s ICO plan, lawsuit reveals

Elon Musk's rejection of OpenAI's ICO plan is revealed in a lawsuit, highlighting concerns over credibility and its non-profit mission.

The post Elon Musk rejected OpenAI’s ICO plan, lawsuit reveals appeared first on Crypto Briefing.

Bitcoin reserves on exchanges reach a 6-year low

Bitcoin exchange reserves hit a 6-year low as $2.7B in outflows and ETF milestones reflect rising investor confidence.

The post Bitcoin reserves on exchanges reach a 6-year low appeared first on Crypto Briefing.

New York anti-crypto stance softens as regulatory tide turns

The shift in New York's crypto regulation may encourage innovation but could also lead to increased reliance on federal oversight agencies.

The post New York anti-crypto stance softens as regulatory tide turns appeared first on Crypto Briefing.

Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve

Interest in Lummis's Bitcoin Act of 2024 grows amid Trump's victory and Bitcoins all-time high, highlighting its potential impact on US finance.

The post Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve appeared first on Crypto Briefing.

Elon Musk dodges $258 billion Dogecoin lawsuit as investors drop appeal

The dropped lawsuit highlights challenges in proving crypto market manipulation, potentially impacting future legal actions against influencers.

The post Elon Musk dodges $258 billion Dogecoin lawsuit as investors drop appeal appeared first on Crypto Briefing.

Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch

The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior.

The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.

Ripple’s XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation

Gensler's potential resignation could reshape SEC's crypto stance, possibly easing legal pressures on Ripple and boosting broader market confidence.

The post Ripple’s XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation appeared first on Crypto Briefing.

Goldman Sachs holds $461 million in BlackRock’s IBIT, new filing reveals

Goldman Sachs' increased investment in Bitcoin ETFs signals growing institutional confidence in cryptocurrency as a mainstream asset class.

The post Goldman Sachs holds $461 million in BlackRock’s IBIT, new filing reveals appeared first on Crypto Briefing.

Bitwise files to convert its 10 Crypto Index Fund into an ETP

Bitwise has filed to list BITW as an ETP on NYSE Arca, enhancing liquidity and regulatory protections for investors.

The post Bitwise files to convert its 10 Crypto Index Fund into an ETP appeared first on Crypto Briefing.

18 US states file lawsuit against SEC for overregulating crypto

18 US states sue SEC over crypto regulation, alleging unconstitutional overreach, impacting state-level frameworks for oversight.

The post 18 US states file lawsuit against SEC for overregulating crypto appeared first on Crypto Briefing.