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Nasdaq Files to List Grayscale’s Proposed Avalanche ETF Amid Rising Institutional Interest

Nasdaq has officially filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of Grayscale’s proposed spot Avalanche (AVAX) exchange-traded fund (ETF). If approved, this ETF would hold AVAX directly, providing investors exposure to Avalanche’s native token through traditional brokerage accounts. Grayscale’s move comes just one week after…

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Donald Trump’s Economic Strategy: Stablecoins and Oil as Tools to Bypass the Fed

Donald Trump is reportedly waging a “quiet and consistent war” on the Federal Reserve, not through direct confrontation but by reshaping the fundamentals of U.S. macroeconomic policy. According to Nigel Green, CEO of financial advisory firm DeVere Group, Trump’s economic playbook revolves around two overlooked strategies: stablecoins and cheap oil. These twin pillars aim to…

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Zebec Network Launches Mastercard-Powered Crypto Debit Card

Zebec Network, a Solana-based platform, has launched Zebec Carbon, a crypto debit card powered by Mastercard that enables users to spend cryptocurrencies anywhere Mastercard is accepted. The card is designed to offer a seamless payment experience, featuring zero fees, privacy protection, and instant activation. As more companies explore ways to integrate digital assets into everyday…

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DOJ Seizes $201K in Crypto Linked to Hamas Financing Network

The U.S. Department of Justice (DOJ) has seized approximately $201,400 in cryptocurrency linked to Hamas, as part of an ongoing investigation into financial transactions involving digital assets. According to the DOJ, the operation uncovered a money laundering network that moved over $1.5 million in virtual currency since October 2024. Crypto Laundering Scheme Uncovered Court documents…

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GameStop’s Stock Plunges 25% After Announcing $1.3B Bitcoin Investment Plan

GameStop’s stock saw a sharp 25% intraday drop on Thursday, following the company’s announcement of a strategic shift that includes issuing $1.3 billion in convertible bonds to fund a Bitcoin acquisition. This move, part of an updated investment policy approved by the board, has sparked concerns among investors about the company’s long-term direction. GameStop Embraces…

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Google Cloud Becomes Validator for Injective, Expands Web3 Integration

Google Cloud has officially joined Injective, an interoperable layer-1 blockchain, as a validator, further enhancing the network’s security and decentralization. This move is part of Google Cloud’s broader initiative to support blockchain ecosystems, bringing enterprise-grade security and computational power to Injective’s infrastructure. Google Cloud Expands Web3 Support Beyond serving as a validator, Google Cloud is…

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Ripple Ends Legal Battle with SEC, Drops Appeal and Settles for $50M Fine

Ripple has officially dropped its counter-appeal against the U.S. Securities and Exchange Commission (SEC), effectively marking the end of a legal battle that began in December 2020. This decision comes just days after the SEC withdrew its own appeal, signaling a final resolution to one of the most significant lawsuits in the crypto industry. Ripple’s…

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PumpSwap Surpasses $1 Billion in Trading Volume, Captures 21% of Solana DEX Market

Solana’s decentralized exchange PumpSwap has made a massive impact just a week after its launch, surpassing $1.2 billion in cumulative trading volume and securing 21% of Solana’s DEX market share. According to Dune Analytics, PumpSwap recorded $538 million in trading volume within the past 24 hours, highlighting its rapid adoption. Despite its impressive growth, Raydium…

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