Tech stocks push Nasdaq, S&P 500 to record highs as Bitcoin taps $75K
US equities and tech stocks gained on Wednesday as investors looked optimistically to a de-escalation of the US-Iran war, while the price of Bitcoin tapped $75,000 amid broader positive momentum across the crypto market. According to data from Yahoo Finance, the tech-heavy Nasdaq Composite hit a new all-time high of 24,016.02 on Wednesday, closing the
Tron joins Agentic AI Foundation as founder sees future in AI
Update (March 10 at 10:08 am UTC): This article has been updated to include additional comments from Tron founder Justin Sun. The Tron network has joined the Linux Foundation’s Agentic AI Foundation (AAIF) as a governing member to support the development of infrastructure for AI agents. In an announcement on Monday, Tron’s decentralized autonomous organization
Japan government backs 20% tax on crypto profits, on par with stocks
The Japanese government is reportedly backing plans to introduce a significant reduction in the nation’s maximum tax rate on crypto profits, with a flat rate of 20% across the board. Japan’s financial regulator, the Financial Services Agency (FSA), first floated the proposed tax changes in mid-November, outlining plans to introduce a bill in early 2026
Grayscale to launch US’s first spot Chainlink ETF via trust conversion
Grayscale’s Chainlink ETF is expected to launch on Tuesday this week, marking the first spot LINK ETF to enter the US market. Crypto asset management firm Grayscale is set to launch the US’s first spot Chainlink exchange-traded fund this week, according to ETF Institute co-founder Nate Geraci. “Set to launch this week… First spot link
SEC issues ‘rare’ no-action letter for Solana DePIN project token FUSE
The SEC has just issued its second “no-action letter” toward a decentralized physical infrastructure network (DePIN) crypto project in recent months, giving its native token “regulatory cover” from enforcement. The no-action letter was sent to the Solana DePIN project Fuse, which issues a network token, FUSE, as a reward to those actively maintaining the network.
NYSE approves Grayscale DOGE and XRP ETFs, clearing launch for Monday
NYSE Arca has greenlit the launch of Grayscale’s exchange-traded funds tied to Dogecoin and XRP, with the products set to go live for trading on Monday. The New York Stock Exchange has approved the listing of Grayscale’s Dogecoin and XRP exchange-traded funds (ETFs), teeing up both to launch on Monday. NYSE Arca, a subsidiary of
Tom Lee speculates wounded market makers behind crypto crunch
Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee. The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company
US shutdown ends, crypto progress resumes as Trump signs bill
US President Donald Trump signed the bill ending the record 43-day government shutdown and resuming federal operations. US President Donald Trump has signed off on a funding bill passed by the House of Representatives on Wednesday, officially bringing an end to the record 43-day government shutdown. The funding bill went through the Senate on Monday
Canary Capital filing signals spot XRP ETF set for launch this week
Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday. The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed
BitMine snapped up 34% more ETH last week as prices dipped
BitMine’s massive ETH accumulation accelerated last week, adding 110,288 Ether to its $12.5 billion treasury as it targets 5% of the total supply. BitMine’s digital treasury accumulation is showing no signs of slowing down, with its latest week of Ether buying marking a 34% increase from the week before. BitMine Immersion Technologies announced the purchase