Headlines

SEC Chair Pushes Crypto Exemptions to Bring Issuers Back to US

Key Takeaways Atkins said tailored rules could bring crypto issuers back to the U.S. Peirce credited public input with shaping a workable framework. Uyeda said rulemaking could replace enforcement-driven uncertainty. Atkins Frames Exemptions as Onshore Strategy U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins presented Regulation Crypto Assets on Aug. 18 as a capital…

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SEC unveils Reg Crypto rules with $75m exemption

The U.S. Securities and Exchange Commission has proposed two registration exemptions, including a $75 million annual pathway, under its new Reg Crypto framework for certain crypto investment contracts. Summary The larger exemption would allow qualifying issuers to raise up to $75 million in 12 months. A separate pathway would permit offerings of up to $5…

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Cypherpunk becomes largest Zcash miner in $33M deal

Cypherpunk Technologies has acquired a 4.2 GSol/s Zcash mining fleet for $33.33 million, giving the Nasdaq-listed company about 18% of the network’s total computing power. Summary The acquired Bitmain Z15 Pro fleet produces roughly 7,800 ZEC per month. Cypherpunk paid through a pre-funded warrant covering 43.29 million common shares. The equipment operates at hosting facilities…

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BTC Hits $65,000 as $56M Short Squeeze Punishes Bearish Traders

Key Takeaways Bitcoin reached $65,000 on Tuesday, delivering a 2% weekly gain despite geopolitical risks in the Middle East. Coinglass recorded $56 million in short liquidations, yet analyst data shows strong sell-side resistance at $65,000. Anthony Scaramucci and Glassnode expect a recovery, citing conviction buying around $60,000 since January. Bitcoin Rebounds Bitcoin briefly tapped $65,000…

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