News

Quick Take Thailand’s Securities and Exchange Commission is considering allowing local bitcoin ETFs to list on local exchanges, according to Bloomberg. The regulator has previously approved a local fund-of-funds that offers institutional investors exposure to overseas bitcoin ETFs.

Quick Take The bitcoin derivatives market shows increased volatility ahead of President-elect Donald Trump’s second inauguration, with a notable rise in put options. Ethereum traders anticipate even higher volatility than bitcoin traders, as both markets reflect cautious sentiment in response to the upcoming political transition.

Quick Take Arweave packed encrypted data, stored using synthetic-DNA technology, onto a lunar lander and sent it to the moon, where it is meant to last for thousands of years.

Quick Take The U.S. Securities and Exchange Commission is likely to look very different under the incoming Trump administration. SEC Commissioners Hester Peirce and Mark Uyeda could begin refitting the agency’s views on crypto as soon as next week, Reuters reported on Wednesday, citing people briefed on the situation.

Quick Take Bitcoin briefly touched the $100,000 mark on Wednesday amid signs of cooling U.S. inflation and renewed optimism for risk assets. Analysts point to easing core CPI and expectations of a less hawkish Fed as key factors boosting market sentiment.

Quick Take The fund would prioritize investments in digital asset-focused companies such as exchanges, crypto payment platforms and mining firms, among others.

Quick Take In a brief filed late on Wednesday, the SEC said it disagreed with the U.S. District Court for the Southern District Court’s earlier ruling that said some sales of XRP to retail investors did not violate securities laws. The SEC accused Ripple of trying to boost XRP’s demand through public statements to “increase demand for XRP to increase XRP’s price.”