Here is what happened yesterday in the crypto market:
Trump Says US Will Be a ‘Bitcoin Superpower’
Donald Trump has expressed his support for crypto, stating that the U.S. will become a ‘Bitcoin superpower’. This endorsement comes as Bitcoin breaks a 4-month downtrend, signaling potential shifts in U.S. crypto policy. Read more
Kraken Nears Acquisition of NinjaTrader for $1.5 Billion
Crypto exchange Kraken is reportedly nearing a $1.5 billion deal to acquire trading platform NinjaTrader. This move would enable Kraken to offer crypto futures and derivatives trading in the U.S., expanding its customer base and product offerings. Read more
SEC Clarifies Proof-of-Work Mining Doesn’t Constitute Securities Dealing
The SEC clarified that proof-of-work cryptocurrency mining does not trigger federal securities laws. This statement provides regulatory clarity for mining operators in the U.S. Read more
South Korean Prosecutors Raid Crypto Exchange Bithumb
South Korean prosecutors have raided cryptocurrency exchange Bithumb amid allegations of embezzlement by its former CEO. The investigation centers on claims that company funds were improperly used. Read more
TON Foundation Raises $400M in Token Sale
The Open Network Foundation (TON) has raised $400 million in a token sale from several venture capital firms. This investment indicates growing interest in the Telegram-based TON blockchain and its native token. Read more