Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The…
Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules
Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules in SAB 121, U.S. lawmakers in both the Senate and…
Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’
Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and…
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion,…
Integrating Real World Assets into Modern Crypto Investment
That said, the benefits of jumping on cryptocurrency early will far outweigh the cost of researching and learning how blockchain works. In terms of popularity and security, crypto has seen…
Grayscale’s GBTC and Vaneck’s HODL Report Outflows as US Bitcoin ETFs Gain $50M
On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the inflows once more was Blackrock’s IBIT, while Grayscale’s GBTC saw…
NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%
Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs…
$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period
In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced…
Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License Warning
The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on…
South Korean Upbit Users Targeted by Hackers
According to recent reports, hackers believed to have ties to North Korea are now targeting users of South Korea-based cryptocurrency exchange known as Upbit. Hackers Go to Source
BitMEX Adds XRP/USD Perpetual Swap Contract
Today, one of the worlds top cryptocurrency exchanges, BitMEX, has officially announced a new feature to be added. Through a Twitter post, the exchange expressed Go to Source
Nasdaq Adds Index For Decentralized Financial Services
Cryptocurrencies are fast becoming a mainstream trading option as more people engage in crypto trading. As crypto assets become more popular, stock exchange markets are Go to Source
The Litecoin Foundation’s Two New Partnerships to Bring Forth a Crypto Debit Card
According to the new blog post published by the Litecoin Foundation, the company has entered a partnership with two new firms — blockchain company known Go to Source
One Fifth Of The World’s Population Engages In Crypto Trading
There has been a lot of conversation around cryptocurrencies over the past few years. As blockchain becomes an applicable technology in many industries, the cryptocurrencies Go to Source
Babel Crypto Lender Clocks In $380 Million In Outstanding Loans
Babel Finance, a cryptocurrency lending startup based in China, has recently announced that it had reached a record number of $380 million in outstanding loans, Go to Source