Canadian asset manager 3iQ announced that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch an exchange-traded product (ETP) on the Toronto Stock Exchange (TSX). If approved, the fund will be the first publicly traded Solana ETP in North America. 3iQ Files Prospectus for Solana Fund (QSOL) In a June 20...Read More
The world’s fourth-largest asset manager has promised to seed its upcoming Ethereum ETF with $4.7 million ahead of launch, according to a regulatory filing. “Total proceeds to the Trust from the sale of the Seed Baskets were $4,749,975.00,” read Fidelity’s S-1 registration form for its “Fidelity Ethereum Fund” filed on Friday. Fidelity Buys Its First...Read More
On-chain experts have warned that political-themed meme coins will remain volatile for the next seven days or more as the United States presidential debate approaches. Bitfinex analysts said PolitiFi tokens have become speculative assets for the outcome of the upcoming elections; hence, they could witness dramatic rises and falls before, during, and after the debate...Read More
[PRESS RELEASE – Monaco City, Monaco, June 21st, 2024] Memereum Achieves Significant Milestone Memereum (MEME) sold over 1 million tokens within hours of its presale, reaching a total of over 24 million tokens sold in it’s current presale phase. The team views this rapid progress as an indication of strong market demand and confidence in...Read More
British multinational bank Standard Chartered is all set to roll out a trading desk for Bitcoin and Ether. The latest development makes it one of the first global banks to engage in spot cryptocurrency trading. Standard Chartered has been engaging with players in the digital asset space for quite some time and has also partnered...Read More
Historically, Bitcoin has played a crucial role in driving market trends. Due to this substantial influence over other cryptocurrencies, BTC has, time and again, served as a primary indicator. While long-term holders of Bitcoin started liquidating their positions in January, their Ethereum counterparts have been steadily accumulating. Divergence Among Ethereum Holders The behavior of long-term...Read More
Standard Chartered is all set to establish spot crypto trading for buying and selling Bitcoin and Ether. It will be one of the first global banks to enter spot crypto trading, while crypto derivatives trading has existed for several years. The new trading desk operating from London will be part of the Bank’s FX trading...Read More
A US federal court judge has allowed a civil securities lawsuit against Ripple Labs to proceed. This decision came after Judge Phyllis Hamilton of the California District Court denied Ripple’s request for summary judgment in a case involving allegations that its CEO, Brad Garlinghouse, violated California securities laws. “Misleading Statements” on XRP The allegations focus...Read More
Tyler and Cameron Winklevoss, the co-founders of Gemini, have announced their donations of $1 million each in Bitcoin to former President Donald Trump’s campaign. Both have publicly declared their support for Trump in the upcoming November election, criticizing the Biden administration for weaponizing multiple government agencies to bully and sue the cryptocurrency industry. Biden Administration...Read More
[PRESS RELEASE – Singapore, Singapore, June 21st, 2024] W3GG is excited to announce the launch of an exclusive private sale of its W3GG tokens, starting on July 1, 2024. This sale offers community members a unique opportunity to purchase tokens at an initial price of $0.05 each. The private sale is structured to be inclusive,...Read More
[PRESS RELEASE – Los Angeles, USA, June 20th, 2024] Cardano (ADA), a leading cryptocurrency by market capitalization, is experiencing substantial growth in adoption. Cardano’s team suggests that this increasing popularity could significantly impact the broader crypto market. Renowned for its innovative approach to blockchain technology, Cardano has advanced across various sectors, including finance, healthcare, and...Read More
Earlier in Q4 2023, we replaced all customers’ deposit addresses to improve our use of Bitcoin block space, so that they no longer use an on-chain multisignature wallet containing the BitMEX founder private keys. You can find more information about the wallet upgrade announcement here. This time around, we will transfer the remaining Bitcoin from...Read More
One of the largest cryptocurrency exchanges in Japan wants to acquire the local arm of the bankrupt crypto trading platform FTX. According to a report from local media Nikkei, BitFlyer Holdings, the parent company of the crypto exchange BitFlyer, is in the process of acquiring FTX Japan. The deal, which has remained undisclosed until now,...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I have just finished the first book, “Red Mars,” in a trilogy by Kim Stanley Robinson. One of the...Read More
