Analysis Archive – Page 150

SEC Approves Paxos as First Blockchain-Native Clearing Agency in US
Paxos becomes the first blockchain-native registered clearing agency in the US, a regulatory milestone for tokenized settlement and TradFi convergence.

Ethereum Whales Stack 17.41M ETH, Hit 9-Week Accumulation High
Wallets holding 100K+ ETH now control 17.41M tokens, a 9-week high reached as ETH trades near $2,002 after a 6% weekly drop.

SEC's Hester Peirce Defends Crypto Privacy Tools as Financial Infrastructure
SEC Commissioner Hester Peirce publicly defended crypto privacy tools, warning fellow regulators not to treat privacy-enhancing technologies as inherently suspicious.

Gemini Taps Grok for AI-Personalized Prediction Market Feeds
Crypto exchange Gemini is plugging Grok into its prediction market product to push personalized AI-curated feeds, following a broader exchange shift toward AI features.

Treasury's Bessent Reaffirms Anti-CBDC Stance, Backs Stablecoins
Treasury Secretary Scott Bessent restated the administration's opposition to a US central bank digital currency, leaving stablecoins as the dollar's digital path.

Ether Slips Under $2,000 as Futures Open Interest Hits Record 16M ETH
Ether fell below $2,000 on May 28 as ETH futures open interest hit a record 16 million ETH, a leverage build that often precedes sharp liquidation events.

Falcon Finance Taps Anchorage Digital for GENIUS Act Stablecoin fUSD
Falcon Finance is issuing fUSD through Anchorage Digital as a GENIUS Act-compliant payments stablecoin, separate from its synthetic USDf.

Foreign Treasuries in Fed Custody Slip to $2.68T as Crypto Sells Off
Foreign holdings of US Treasuries in Fed custody dropped to $2.68T, the lowest in years, as Bitcoin fell below $73K and ETH lost 4.6% on May 28.

United Texas Bank Wins OCC National Charter, Gets Direct Fed Access
United Texas Bank, which clears about $10B a month for crypto firms, completed its conversion to an OCC-chartered national bank with direct Federal Reserve access.

Pumpfun Has Now Sold 4.46M SOL Worth $780M at $175 Average
Pumpfun's cumulative SOL sales have reached 4.46 million tokens worth $780M at an average price of $175, with the platform still drip-selling into a weak market.
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