WatPoint mining will be ended on September 15th

- German prosecutors raided Northern Data AG, a Tether-owned firm, triggering a 12% stock drop amid legal scrutiny. - The company shifted from crypto mining to AI infrastructure but faces regulatory concerns over its crypto ties and governance disputes. - Tether's ownership and a potential $1.17B Rumble acquisition raise risks of reputational damage and stricter oversight for crypto-linked AI firms. - Market volatility intensified as prosecutors remain silent on investigation scope, leaving stakeholders in

- BlackRock boosted Bitcoin exposure by 38% in its $17.1B Global Allocation Fund, now holding over $85B in its iShares Bitcoin Trust ETF. - The firm shifted $440M from Ethereum to Bitcoin ETFs in 24 hours, aligning with Fed rate cut expectations and crypto yield strategies. - BlackRock's $5.4B Bitcoin-related investments include mining firms and a new income ETF, signaling confidence in U.S. regulatory clarity. - Bitcoin surged 5.2% after the move, though technical indicators warn of $109K support tests ah

- SEC's 2025 agenda under Commissioner Peirce prioritizes innovation-friendly crypto rules, shifting from enforcement-heavy oversight. - Key measures include clarifying NFT/securities distinctions, deregulating custody rules, and modernizing 1940 Act for digital assets. - The agency withdraws prior restrictive rules, establishes safe harbor frameworks, and collaborates with CFTC to enable spot crypto listings. - Contrasting EU's MiCA framework, the U.S. adopts technology-neutral deregulation to balance inn

- Bitwise seeks SEC approval for first non-Bitcoin/Ethereum DeFi ETF tied to Hyperliquid's HYPE token. - The fund will hold physical HYPE tokens via Coinbase Custody, using in-kind creation/redemption to reduce costs. - SEC's 240-day review period highlights regulatory hurdles despite streamlined crypto ETF standards. - Approval could boost credibility for mid-sized DeFi tokens but faces scrutiny over custody and compliance. - Bitwise's prior crypto ETF delays underscore inconsistent regulatory treatment i