The wallet of the perpetrator of the FTX hack, identified as 0x3e957, has recently been activated and contains a substantial sum of $16.75 million in ETH tokens. Two separate transactions of 2,500 ETH each, valued at $4 million, have been made, which could potentially exert downward pressure on prices and affect smaller investors. The launch […]
Georgia is taking a major step towards digital currency with the National Bank of Georgia (NBG) aiming to ensure that its central bank digital currency (CBDC), the digital lari, can interoperate with a future digital euro while maintaining the nation’s monetary independence. The NBG recently announced its plans to progress research on the digital lari […]
The Securities and Exchange Commission (SEC) is rushing to approve Ethereum products before the government shutdown on October 1st, according to Bloomberg ETF expert Eric Balchunas. Valkyrie, VanEck, ProShares, Bitwise, Hashdex, and Volatility Shares all expect to begin trading their Ether futures ETFs on Monday. Valkyrie’s chief investment officer Steven McClurg told Reuters that the […]
The meme coin market has seen a staggering cumulative trading volume of over $36 billion between 2020 and today, and is currently commanding roughly 1.5% of the entire crypto market cap. Enter the Memeinator, a new combatant on a mission to cleanse the landscape by eradicating weak and futile meme coins — all while aiming […]
Asset managers are increasingly pursuing digital asset products, with Invesco and Galaxy Digital filing for a spot Ethereum ETF on September 29. Bloomberg ETF analyst James Seyffart revealed the filing on X, though it had not yet been uploaded to the SEC’s public database. A spokesperson for Invesco declined to confirm the application.The SEC has […]
Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been arrested in Singapore, according to a tweet from online news aggregator db. The reason behind the arrest and the nature of any charges brought are currently unknown.3AC’s downfall was a shocking event in the crypto industry, given its prominent position and substantial investment […]
CoinShares, a European cryptocurrency investment firm, is optimistic about the regulatory climate in the United States as it enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, which marks the first time the firm has offered its services to qualified U.S. investors. CoinShares’ entrance […]
The European Commission has taken the initiative to commission a study aimed at developing a comprehensive methodology to reduce the environmental impact of crypto-assets. The Commission’s call for proposals explicitly addresses the need for innovative solutions to minimize the carbon footprint of cryptocurrencies. The Commission has allocated approximately 800,000 euros for this study, which is […]
Bitget, a top crypto derivatives and copy trading platform, has launched its latest innovation, the Signal Bot trading feature. This feature is designed to help traders anticipate future price movements by analyzing historical market data and patterns. It is seamlessly integrated with TradingView, a widely recognized and trusted charting platform, and enables users to receive […]
Valkyrie Investments, a leading asset management firm, is set to become the first to offer exposure to both Ether and Bitcoin futures contracts within a single entity. The firm plans to purchase Ethereum Futures on Oct. 3, and will rebrand its existing Bitcoin futures ETF to the “Valkyrie Bitcoin and Ether Strategy ETF”. Commenting on […]
