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In brief T. Rowe Price has filed for a crypto ETF. If approved, the fund would hold mostly Bitcoin and Ethereum but other coins, too. The SEC is weighing more than 90 crypto fund proposals. Asset management giant T. Rowe Price on Wednesday applied for a mixed digital asset exchange-traded fund, according to a regulatory filing, its first in the crypto space as it joined a growing list of traditional finance firms that have proposed token-focused products. The Baltimore-based firm, which manages $1.77 trillion in assets, said that the T. Rowe Price Active Crypto ETF  would hold five to 15 digital…

Hollywood has hit a breaking point. Audiences are fatigued by franchise sequels and reboots. YouTube has overtaken Disney as the world’s largest distributor. And Gen AI tools like Sora 2 can soon turn anyone into a filmmaker. Yet one thing hasn’t changed: how films get financed. And that’s why we keep getting fewer original films. Decline of original screenplays at the US box office (1984-2023)Source: The Numbers and Box Office MojoFor decades, filmmakers have had only two ways to raise capital: courting wealthy “patrons of the arts” or signing away IP in restrictive studio deals. These small circles still control…

COAI is also on the rise today, with a 42% surge. Bitcoin’s price tumbled by over eight grand from top to bottom in the past few days, but has managed to recover some of the losses and tapped $110,000 earlier today. Binance Coin has resumed its recent bull rally, with a 4% surge that has pushed it beyond $1,100. Most other larger-cap alts are sluggish, aside from HYPE’s impressive increase. BTC to Challenge $110K? The primary cryptocurrency ended the previous business week with another decline, this time to under $104,000. However, the bulls reacted swiftly and didn’t allow a…

Blockchain Is Breaking Orbit: The Rise of Decentralized Space (Photo by SpaceX via Getty Images)Getty ImagesFrom Bitcoin’s first space transaction to tokenized lunar domains, blockchain is powering a new decentralized space race that makes access and ownership universal.When I was a kid, I wanted to be an astronaut. I dreamed about floating in zero gravity, watching Earth spin beneath me, and maybe one day walking on the moon. While I never made it to space, life came full circle later while at AWS, when I worked with a partner who helped Rover get to Mars.That experience reminded me that there…

A group of US senators led by Senate Banking Committee Chair Tim Scott, a South Carolina Republican, has introduced legislation to modernize the Bank Secrecy Act, the foundation of the country’s Anti-Money Laundering (AML) framework. The Bank Secrecy Act, passed in 1970, obliges banks, credit unions, and other financial institutions to help federal authorities detect and prevent financial crimes, including money laundering, terrorist financing and related illicit activity. The proposed legislation, known as the STREAMLINE Act, would raise the Bank Secrecy Act’s reporting thresholds for the first time since its creation more than 50 years ago.The bill increases the Currency Transaction Report…

Bitcoin may dominate the crypto headlines, but the real growth story of the next five years will be stablecoins, the digital dollars that are modernizing the way money moves around the globe.Yes, the original cryptocurrency is rapidly becoming an ideal non-sovereign global store of value, with a market capitalization of $2.3 trillion, but stablecoins serve a transactional purpose and thus have already vastly surpassed bitcoin in daily transactions. On October 6, bitcoin’s 24-hour volume was $63.8 billion, compared to stablecoins’ $146 billion — more than double the transaction volume.There’s a simple reason for this. Stablecoins aren’t just an investible asset…

Bitcoin’s latest price pullback has done little to dampen the optimism of Binance founder Changpeng “CZ” Zhao, who believes the world’s largest cryptocurrency will eventually overtake gold in total market value. Despite Bitcoin’s recent volatility, CZ’s remarks reignited discussions about how far BTC must climb to rival gold’s dominance in the global financial system. Bitcoin Holds Steady Amid Market Turbulence At the time of writing, Bitcoin was trading near $107,848 after falling 2.9% in the past 24 hours, according to CoinMarketCap. This correction followed a volatile period in which BTC briefly topped $111,000 before retracing. Even as prices fluctuate, Bitcoin…

Max Branzburg said the new card is now open to U.S. users who are members of Coinbase One, offering up to 4% back in bitcoin on every purchase.

Max Branzburg said the new card is now open to U.S. users who are members of Coinbase One, offering up to 4% back in bitcoin on every purchase.

In brief Former RWA Company executive Max Glass filed suit claiming he was wrongfully terminated and pressured into relinquishing his rights as the company pursued stablecoin development opportunities without him. Glass alleges co-executives Gregory DiPrisco and Joseph Quintilian breached fiduciary duties by appropriating a stablecoin product, which later turned into M^0, for their own benefit. M^0, backed by major investors including Bain Capital and Galaxy, helped launch MetaMask’s native stablecoin mUSD in August and has facilitated significant real-world asset integration into DeFi. Max Glass, a former executive at crypto infrastructure and consulting firm RWA Company, has sued the company, claiming…