Bitwise is set to launch two Ethereum-themed ETFs on Monday, October 2nd, allowing investors to gain exposure to CME Ether futures through the ETF format. The two funds, the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP), will have an expense ratio of 0.85% each and will […]
An unknown hacker managed to steal more than $600 million worth of Ether from FTX shortly after the company filed for bankruptcy and its founder stepped down from his position. The hacker initially deposited the stolen funds to CoinMixer, an anonymous Bitcoin mixing service, in order to obscure the trail of funds. After withdrawing from […]
Circle, a stablecoin issuer, has stepped into the legal battle between the Securities and Exchange Commission (SEC) and Binance. Circle is arguing that stablecoins, whose value is tied to other assets, should not be subject to traditional financial trading laws. This case is seen as a pivotal moment in the crypto-legal world, as it highlights […]
This week saw a number of developments in the cryptocurrency space. Valkyrie Investment Group announced that it will start offering exposure to Ether futures in the coming days, allowing investors access to Ether and Bitcoin futures “under one wrapper”. Asset manager VanEck also disclosed its upcoming Ethereum Strategy ETF, which will be listed on the […]
Bitcoin (BTC) has demonstrated remarkable resilience in the face of fluctuations in the broader financial sectors, regularly holding a position above the $27,000 level. VanEck’s proposal for an Ether futures ETF has sparked optimism in the cryptocurrency market, but experts advise caution.The potential approval of a Bitcoin ETF by the Securities and Exchange Commission (SEC) […]
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 […]
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 […]
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 […]
The United States Securities and Exchange Commission (SEC) has delayed reviewing Bitcoin ETF applications from major financial firms, including BlackRock, Valkyrie, Invesco, and Bitwise. Analysts suggest this postponement is due to the impending risk of a U.S. government shutdown on Oct.1.The competition to launch a spot Bitcoin ETF in the United States has attracted much […]
Ripple (XRP) recently won a legal battle against the US Securities and Exchange Commission (SEC), which has caused a surge in the cryptocurrency’s market position and trading volume. This has led to speculation that Ripple may soon launch an Initial Public Offering (IPO) and that its stock could reach a valuation of $107 billion, similar […]
