Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption - particularly by closing the gap between advisors and their clients? Are advisors “in” on crypto? This is Crypto for Advisors, after all, so in today’s issue, Roxanna Islam from TMX VettaFi takes us through crypto demand and adoption since the launch of spot ETFs...

Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday. The U.S. Securities and Exchange Commission (SEC) settled charges with Mango DAO, Mango Labs LLC and Blockworks Foundation alleging that the MNGO token was an unregistered security and that the latter entities offered unregistered broker services. The...

The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday. Betting odds on Polymarket for Donald Trump launching a cryptocurrency token before the November election surged to over 84% after he announced a launch date for the World Liberty Financial crypto project, but later reversed. The market, which has seen over $1.7 million in bets,...

The regulator asked the court to extend the pause of Kalshi's political prediction markets for as long as the agency's appeal is pending. Warning of an imminent "explosion in election gambling," the U.S. Commodity Futures Trading Commission asked an appeals court to extend the pause on Kalshi's political prediction markets for as long as the agency's appeal is pending....

The Fed is expected to begin its much-anticipating rate-cutting cycle from next week. An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a 50 basis point rate cut next week. FOR MORE DETAILS PLEASE CLICK HERE!

A regulator's comment at a crypto summit sparked industry concerns that companies may look to move abroad. Australia's crypto industry is worried after the country's securities regulator signaled an expansion of its power. ASIC said it considers many crypto assets as financial products, adding a regulatory burden that may spur companies to move elsewhere. FOR MORE DETAILS...

The iPhone maker's "It's Glowtime" event on Monday focused on bringing AI capabilities to the smartphone. AI tokens rallied even as macroeconomic and political developments weighed on the broader crypto market. On Monday, Apple announced "Apple Intelligence," foraying into the artificial intelligence sector. FOR MORE DETAILS PLEASE CLICK HERE!

Cathedra Bitcoin will move away from mining business and will develop data centers instead. Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift. It was Michael Saylor whose MicroStrategy...

In an interview with CoinDesk's Markets Daily, BitMEX co-founder and Maelstrom CIO Arthur Hayes discusses the impact of the Fed cut, how to see the crypto markets shaping out this year, and why he's investing in Bitcoin Ordinals and inscriptions. BitMEX co-founder and Maelstrom CIO Arthur Hayes, sat down with Markets Daily host Jennifer Sanasie and Bradley Keoun, CoinDesk’s Managing...

The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies. Kazuo Ueda reiterated the commitment to raise Japanese interest rates further. The yen rallied, while BTC and S&P 500 futures registered moderate losses. BOJ-Fed policy divergence points to continued yen strength and pain for risk...

Lux Thiagarajah and Richard Usher will start at the business in London on Oct. 1. OpenPayd has made two senior hires in London. Lux Thiagarajah and Richard Usher will be joining the payments firm on Oct. 1. FOR MORE DETAILS PLEASE CLICK HERE!  

Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments. BCB Group's chief compliance officer is leaving the business. Her resignation is the latest in a series of senior management departures at the crypto payments firm. FOR MORE DETAILS PLEASE CLICK HERE!