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9 months, 4 weeks agoSouth Korea Upholds Crypto ETF Ban Despite US Approvals
Despite the United States approving 11 spot bitcoin exchange-traded funds (ETFs) earlier this week, South Korea has reiterated its ban on crypto ETFs. The country’s financial institutions are prohibited from o…
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9 months, 4 weeks agoCoinShares Acquires Valkyrie's ETF Unit, Expands into US Market
CoinShares, a leading European crypto asset manager, has made a significant stride into the U.S. market by acquiring the exchange-traded fund (ETF) unit of Valkyrie Investments, a Nashville-based company. This…
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9 months, 4 weeks agoEthereum Poised for Bullish Breakout, Predicts Crypto Analyst van de Poppe
Ethereum (ETH) is currently at a crucial point, with a potential bullish breakout predicted by esteemed crypto analyst Michaël van de Poppe. In a recent tweet, van de Poppe shared his insights, suggesting that…
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9 months, 4 weeks agoEthereum Jumps 11.4% as Whales Accumulate, Boosting Market Sentiment
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this surge. Data from the crypto analytics platform Lookonchain reveals that a whale with the…
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9 months, 4 weeks agoGrayscale Transfers $200M Bitcoin to Coinbase, Suggests ETF Redemption
In a significant move, Grayscale has transferred $200 million worth of Bitcoin to Coinbase Prime. This action has sparked speculation about potential ETF redemption activity. The transfer comes as Bitcoin ETFs…
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9 months, 4 weeks agoGenesis Global Trading Settles with NYDFS, Surrenders BitLicense
Cryptocurrency firm Genesis Global Trading has reached a settlement with the New York Department of Financial Services (NYDFS), resulting in the company relinquishing its operational rights in the state.As per an…
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9 months, 4 weeks agoSpot Ripple ETF Unlikely in 2024 Due to Regulatory Challenges
Following the recent approval of several spot Bitcoin ETFs, there has been growing speculation about the future of other crypto ETFs, including Ripple. However, according to Bloomberg’s ETF analyst James S…
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9 months, 4 weeks agoSpot Ripple ETF Unlikely in 2024 Due to Regulatory Challenges
Despite the recent approval of several spot Bitcoin ETFs, the launch of a spot Ripple exchange-traded fund (ETF) this year is unlikely, according to Bloomberg’s ETF analyst James Seyffart. In an interview with T…
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9 months, 4 weeks agoEthereum Under Scrutiny Amid Allegations of Insider Connections to Crypto Theft
Samson Mow, CEO of JAN3, has stirred the cryptocurrency community with his statement on X, equating Ethereum to the collapsed crypto exchange FTX. This claim was linked to a tweet by on-chain investigator…
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9 months, 4 weeks agoBlackRock CEO Sees Value in Launching Spot Ethereum ETF in US
BlackRock CEO Larry Fink has expressed optimism about the company’s plan to launch a spot Ethereum ETF in the United States. This comes after the successful debut of the company’s new spot Bitcoin ETF product, IBI…
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9 months, 4 weeks agoZetaChain Unveils Vision for Omnichain Blockchain and Upcoming Events
ZetaChain is gearing up for a significant year, introducing its vision for 1.0, which includes a roadmap, token utility, ZetaHub, and the state of the ecosystem. The mission of ZetaChain is to serve as a platform…
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9 months, 4 weeks agoUS Financial Firms Favor USDC Over USDT, Says CryptoQuant CEO
Ki Young Ju, the founder and CEO of on-chain analytics platform CryptoQuant, has stated that financial institutions in the United States have a preference for Circle’s USD Coin (USDC) over Tether’s USDT. Acc…
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9 months, 4 weeks agoHut 8 Boosts Coinbase Credit to $65M, Acquires Gas Power Plants
Bitcoin miner Hut 8 has successfully expanded its borrowing capacity with Coinbase, a United States-based cryptocurrency exchange, to $65 million. This comes as a result of an additional $15 million secured from a…
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9 months, 4 weeks agoSouth Korea's FSC Warns Firms Against Brokering US Bitcoin ETFs
The Financial Services Commission (FSC), South Korea’s main financial regulator, has issued a warning to local firms about brokering spot Bitcoin exchange-traded funds (ETFs) from the United States. The FSC’s sta…
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9 months, 4 weeks agoCoinShares Advances Acquisition of US Competitor Valkyrie Amid ETF Success
European cryptocurrency investment firm CoinShares is moving forward with a potential acquisition of its United States competitor, Valkyrie Funds. Valkyrie is an issuer of a spot Bitcoin exchange-traded fund (ETF)…
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9 months, 4 weeks agoMorgan Stanley Cuts Investment Banker Bonuses Amid M&A Activity Slump
US financial giant Morgan Stanley is setting the tone by reducing bonuses for investment bankers by up to 15% following a challenging year for M&A. Wage specialists anticipate even greater declines at other…
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9 months, 4 weeks agoBlackRock CEO Endorses Ethereum ETF Amid Growing Crypto Acceptance
BlackRock, the world’s largest asset manager, has expressed support for an Ethereum ETF. CEO Larry Fink made these comments a day after the company’s Bitcoin ETF started trading. In a CNBC interview, Fink end…
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9 months, 4 weeks agoBlackrock Acquires $100 Billion Portfolio from Global Infrastructure Partners
US asset manager Blackrock is set to acquire an investment portfolio worth over $100 billion for $12.5 billion. The deal is being orchestrated by two former Credit Suisse bankers.Blackrock has agreed to the…
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9 months, 4 weeks agoSEC Approves First Spot Bitcoin ETF, Opening New Opportunities for Investors
The United States Securities and Exchange Commission (SEC) recently approved the first regulated spot Bitcoin exchange-traded fund (ETF) in the United States, a day after an erroneous tweet caused confusion. This…
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9 months, 4 weeks agoHedera and Algorand Form DeRec Alliance for Crypto Recovery System
The Hedera and Algorand ecosystems have announced the formation of the DeRec Alliance at the Crypto Finance Conference in St. Moritz. This alliance is set to develop a decentralized recovery system for…
