ACX, HYPE, BTC, PI, and XAI have all consistently appeared on CoinGecko’s trending list over the past 24 hours, signaling sustained market attention. Bitcoin leads by rank at number 1, while Hyperliquid ranks 15th and Pi Network at 41st. Sustained trending across multiple assets often indicates growing momentum and increased trading volume as traders monitor these coins.
Archives: Fast News
-
Trailer Released for Ben McKenzie’s anti-crypto documentary
Ben McKenzie, formerly a Hollywood star, has transitioned to a crypto skeptic, releasing the trailer for his documentary, ‘Everyone Is Lying to You for Money’. This film features insights from figures like former FTX CEO Sam Bankman-Fried and others.
The documentary critiques the crypto industry, portraying it as a Ponzi scheme. Notably, it includes interviews with El Salvador President Nayib Bukele, who supported Bitcoin’s adoption as legal tender, showcasing the conflicting narrative within the crypto space.
-
Justin Sun’s settlement challenges SEC’s approach to cryptocurrency, according to legal experts
The SEC has reached a settlement with Justin Sun, involving a fine of 10 million USD due to violations related to TRX and BTT tokens. This indicates that the SEC may categorize TRX as a security, complicating its regulatory stance on cryptocurrencies.
This settlement has drawn political scrutiny, notably from Senator Elizabeth Warren, who criticized it as a ‘free pass.’ Legal experts suggest it could influence how crypto securities are treated in future litigation, highlighting ongoing uncertainties in crypto regulation.
-
Binance files defamation lawsuit against WSJ amid DOJ Iran sanctions investigation
Binance filed a defamation lawsuit against the Wall Street Journal on the same day the publication reported a new federal investigation into whether the exchange facilitated Iran’s evasion of U.S. sanctions. The DOJ probe centers on allegations that Binance’s platform may have been used to circumvent American sanctions restrictions. The lawsuit’s timing highlights escalating tensions between the exchange and major media outlets over coverage of regulatory scrutiny.
-
Basic Capital introduces VanEck’s crypto ETFs into 401(k) plans as U.S. Retirement landscape evolves
Basic Capital is incorporating VanEck’s crypto ETFs into its 401(k) plans, enabling retirement savers to invest in digital assets through well-established exchange-traded funds.
This initiative indicates a broader regulatory acceptance of cryptocurrencies like Bitcoin and Ethereum in retirement accounts, reflecting evolving investment preferences in the retirement space.
-
VanEck crypto ETFs now available through Basic 401(k) plans
VanEck crypto ETFs are now accessible to retirement savers through Basic Capital, a fintech 401(k) provider. The integration allows US retirement plan participants to gain exposure to digital assets as part of their long-term savings strategy. This move reflects growing institutional interest in incorporating crypto products into mainstream retirement accounts.
-
FOMC interest rates expected to hold steady at next week’s meeting
Market pricing tools indicate a 99.3% probability that the US Federal Reserve will keep interest rates unchanged at its next Federal Open Market Committee meeting. Both Polymarket and CME Group’s FedWatch tool show near-unanimous market expectations for a hold decision. Unchanged rates would maintain current monetary policy conditions and could provide relief to risk assets including cryptocurrencies if markets had been pricing in a rate cut.
-
General Tensor secures 5 million USD in oversubscribed seed and pre-seed funding
General Tensor completed an oversubscribed seed and pre-seed funding round raising 5 million USD. Good Morning Holdings led the seed funding with additional investments from notable firms.
The company is dedicated to building mining and validation infrastructure for Bittensor, positioning itself as an efficient TAO token generator in the decentralized AI landscape.
-
BNB open interest reaches $550.9M as futures positioning favors longs
BNB open interest has climbed to $550.9M with a futures-to-spot ratio of 5.1, indicating elevated leverage in derivatives markets. Funding rates are currently favoring long positions, suggesting traders are betting on further upside. The surge in futures activity reflects increased volatility expectations, though elevated leverage also raises risk of sharp liquidations if sentiment shifts.
-
Ripple’s RLUSD stablecoin featured on Fox Business as bridge between crypto and traditional finance
Ripple’s RLUSD stablecoin has received media attention on Fox Business, with discussions focusing on its potential role in connecting cryptocurrency and traditional financial systems. RLUSD, a USD-backed stablecoin issued by Ripple, is designed to enable faster cross-border transactions and bridge digital assets with conventional banking infrastructure. The coverage reflects growing interest in stablecoins as tools for institutional adoption and financial infrastructure development.