CryptoNews

Democrats Reject CLARITY Act Draft as Crypto Ethics Dispute Intensifies

Seven Senate Democrats rejected the latest CLARITY Act draft, saying it does not go far enough on ethics, consumer protection, and illicit finance, while Republicans argue the bill contains the strongest federal ethics rules ever proposed for digital assets. Key Takeaways Seven Senate Democrats said the latest CLARITY Act draft needs stronger ethics and consumer protections. The revised bill…
Read more
CryptoNews

Crypto to SpaceX, Apple in One Step: Uphold Adds 4,000+ Stocks and ETFs

Crypto holders can now move into traditional investments such as SpaceX, Apple, and thousands of other stocks and ETFs without transferring money to another app, as Uphold launches fractional stock trading and prepares to extend access beyond regular market hours. Key Takeaways Eligible U.S. customers can access more than 4,000 stocks and ETFs through the Uphold app. Supported cryptocurrencies…
Read more
CryptoNews

Strategy Says Bitcoin Reserve Provides 31 Years of Dividend Coverage as Cash Buffer Reaches $3.2 Billion

Strategy says its bitcoin treasury provides 31 years of dividend coverage, while its U.S. dollar reserve provides 1.8 years of near-term coverage. The figures shift attention from bitcoin purchases to the company’s ability to sustain preferred-share obligations. Key Takeaways Strategy says its bitcoin reserve provides 31 years of dividend coverage under management’s calculation. Its U.S.
Read more
CryptoNews

Ethereum’s 12 Biggest Wallets Expose 6 Exchanges Controlling 6.6 Million ETH

Ethereum wallets hold more than 82% of the supply tracked across the network’s top 12 addresses, according to onchain data reviewed by Bitcoin.com News. Key Takeaways The Beacon Deposit Contract holds 88.29 million ETH, 73.16% of the top 12 wallets tracked. Binance controls 3.19 million ETH across three separate wallets, the most of any exchange. Arbitrum and Base bridges combined lock 1.63…
Read more