One Crypto Bill Could Make or Break the Market This Summer—Bitwise CIO Explains Why

The crypto market could face turbulence this summer if lawmakers in Washington fail to advance regulatory measures currently under review. Bitwise Chief Investment Officer Matt Hougan expressed concern in a recent blog post that US Congress may squander an opportunity to enshrine key gains in crypto regulation, despite favorable developments led by the current administration.…

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Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing

Celsius’ former CEO’s lawyers have filed a motion seeking a reduced one-year sentence and criticizing the US Department of Justice’s (DOJ) proposed 20-year punishment ahead of its upcoming sentencing hearing. Celsius Ex-Boss Slams “Death-In-Prison” Sentence Proposal On Monday, Celsius co-founder Alex Mashinsky’s legal team asked the US District Court of the Southern District of New…

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Institutional Players Bet an Extra $509.9M on Solana Treasury – Solaxy Might Help Solana Top Ethereum

Two major institutional players – SOL Strategies and DeFi Development Corp – recently injected $509.9M combined into their Solana treasury incentives. The investment strategy echoes MicroStrategy, but this time, it’s Solana ($SOL) rather than Bitcoin ($BTC). These sizable capital inflows into $SOL suggest a bright future for Solaxy, the world’s first Solana Layer-2 (L2) network…

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Ripple President Unveils Plans Around IPO, RLUSD, And Tokenization

In a conversation with CNBC’s Arjun Kharpal, Ripple President Monica Long sketched out the company’s post-litigation agenda, detailing how a prospective US initial public offering (IPO), the US-dollar stablecoin RLUSD, and an aggressive push into real-world-asset tokenization are reshaping Ripple’s roadmap. Ripple IPO: On the Table, But Not Urgent Long, who joined Ripple 12 years…

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