Author: CryptoHoppers
Key Takeaways Injective launched its Native EVM mainnet, enabling developers to build on both WebAssembly and EVM with unified assets. The MultiVM environment provides fast transactions, shared liquidity, and compatibility with Ethereum tools without modification. Share this article Injective has launched its native EVM mainnet, adding Ethereum Virtual Machine capabilities to its blockchain infrastructure to advance on-chain finance, the team announced Tuesday.The upgrade introduces seamless interoperability between WebAssembly (WASM) and the Ethereum Virtual Machine (EVM), enabling developers to build sophisticated on-chain finance applications across both environments while sharing liquidity and unified assets.According to Injective, the new mainnet delivers 0.64-second block…
U.S. Lawmakers Unveil Crypto Market Structure Bill, CFTC Set to Lead Oversight
TLDR: U.S. Senate crypto market structure bill draft gives the CFTC authority over digital commodities like Bitcoin and Ethereum. Developers gain protection from being classified as money transmitters under the new bill. The bill ties crypto custody to U.S. Treasuries, linking markets to dollar-based collateral. Retail investors get safeguards through a new Digital Commodity Retail Office at the CFTC. The U.S. Senate Agriculture Committee has introduced a comprehensive crypto market structure bill that could reshape digital asset regulation nationwide. The proposal gives the Commodity Futures Trading Commission (CFTC) primary authority over digital commodities such as Bitcoin and Ethereum. It also…
Key NotesThe company acquired 110,288 ETH in one week, a 34% increase from the previous period, despite declining market conditions.Recent purchases at $3,903 and $3,639 now show unrealized losses with ETH trading around $3,537 currently.Shareholders criticize BitMine’s refusal to stake its holdings while competitors like SharpLink earn returns through staking programs. BitMine Immersion Technologies disclosed on Nov. 10 that its Ethereum ETH $3 548 24h volatility: 0.9% Market cap: $427.91 B Vol. 24h: $32.92 B position reached 3,505,723 tokens as of Nov. 9 at 8 p.m. ET. This stake equals 2.9% of Ethereum’s 120.69 million token circulation. The treasury also…
SUI Group, a Nasdaq-listed digital asset treasury company, has announced a key partnership with the decentralized exchange Bluefin to drive institutional adoption of crypto products on the Sui blockchain. Summary SUI Group announced its partnership with Sui-based perps platform Bluefin. The platforms aim to bring Wall Street to Sui. SUIG will lend 2 million SUI tokens to Bluefin and receive 5% in return. SUI Group is a publicly traded company that boasts an official crypto agreement to support Sui with Sui Foundation. The company, which seeks to offer institutional-grade exposure to the Sui (SUI) blockchain, also launched the first SUI…
Key Takeaways Square merchants can now accept payments in Bitcoin or fiat currency through the point-of-sale system. Bitcoin payments are enabled via the Lightning Network, ensuring fast and efficient processing. Share this article Square, a payments platform under Block Inc., now allows merchants to receive payments in Bitcoin or traditional fiat currency through its point-of-sale system. The new feature gives sellers flexibility in choosing their preferred settlement method for customer transactions.Square’s Bitcoin payment feature uses Lightning Network for near-real-time settlements, allowing merchants to process cryptocurrency alongside credit cards and digital wallets. The integration enables sellers to accept Bitcoin payments while…
TLDR: Treasury Secretary Scott Bessent said IEEPA tariffs target unfair trade practices, not revenue generation. SCOTUS heard arguments on whether IEEPA gives the president power to impose emergency tariffs. Plaintiffs argued Trump exceeded his authority under IEEPA, citing trade and constitutional concerns. Bessent stated tariffs are a temporary measure to revive U.S. manufacturing and balance trade deficits. Treasury Secretary Scott Bessent said he returned from the Supreme Court after hearing arguments on the International Emergency Economic Powers Act, or IEEPA. The case centers on whether President Trump’s tariff actions under the act exceeded executive authority. Bessent described the hearing as…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Last week proved quite volatile in the Bitcoin (BTC) market as prices retested the psychological $100,000 price level following a sustained price correction that began in early October. Amid this price decline, the US Bitcoin Spot ETFs suffered a similar tumultuous fate, registering a net outflow of over $1 billion. Bitcoin ETFs See $1.28B In Net Withdrawals As Price Struggles Persist According to data from SoSovalue, capital outflows of 12 Bitcoin ETFs reached $558.4 million on Friday, taking total net outflows in the first week of November…
TLDR: The new WisdomTree filing covers a basket of the 20 largest crypto assets by market cap in a regulated fund format. The fund aims to track the CoinDesk 20 Index via daily valuation and asset-holding replication. The registration includes detailed mechanisms for custody, creation/redemption and risk disclosure. The move signals increasing institutional access and diversification via regulated crypto investment vehicles. WisdomTree has submitted a Form S-1 with the U.S. Securities and Exchange Commission to create the WisdomTree CoinDesk 20 Fund, which aims to track the largest 20 digital assets by market cap and liquidity. The registration describes the fund’s…
US Treasury and IRS quietly expand tax breaks for the ultrawealthy and crypto giants: NYT
Key Takeaways The US Treasury and IRS have issued new rules providing significant tax relief to large companies and wealthy investors. These measures are reducing the projected revenue from the corporate alternative minimum tax enacted in 2022. Share this article The Trump administration is quietly rolling out hundreds of billions in new tax breaks benefiting large corporations and wealthy investors, according to The New York Times.Through recent Treasury and IRS actions, firms, including private equity, crypto companies, and multinationals, will see major relief from the 2022 corporate minimum tax law, originally designed to ensure profitable corporations pay at least some…
TLDR: Tangem Pay lets users spend Polygon-based USDC using a Visa virtual card tied to their Tangem Wallet. The rollout begins in November 2025 across the U.S., Latin America, and Asia-Pacific regions. Tangem’s hybrid model keeps funds on-chain while meeting payment and compliance standards. A UK and EU expansion will follow in 2026 under MiCA regulatory alignment. Tangem is launching Tangem Pay, a new non-custodial payment account that lets users spend USDC directly via a virtual Visa card. The company confirmed that the rollout will begin in late November, activating users across the United States, Latin America, and Asia-Pacific in…