BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s...Read More
21Shares – which is part of 21Shares AG – has announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. It improves the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution said that the latest...Read More
Fairshake, a pro-crypto and blockchain Super PAC, has now outraised all other Super PACs in the United States heading into the 2024 federal elections. The interest group’s success reflects crypto’s surging role in U.S. politics, which has culminated in vocal support from politicians aiming to protect the industry’s interests. Fairshake PAC Raises $202 Million According...Read More
The US Securities and Exchange Commission (SEC) plans to amend its original complaint against Binance, which might eliminate the need for the court to decide on tokens that were previously classified as securities. The joint filing comes amid increased efforts by presidential candidates to attract pro-crypto voters in the United States. SEC Moves to Amend...Read More
In a recent interview with CNBC, WisdomTree CEO Jonathan Steinberg shared his optimistic outlook on the future of Bitcoin and cryptocurrencies, predicting their mainstream adoption within the next few years. Steinberg cited regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWAs) as the main drivers of this trend....Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 30th, 2024] Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will host Web3 experts to discuss “Blinks, AI, Ignition: Bridging Web3 and Web2.” This livestream will take place on Jul. 31, 2024, at 10AM UTC, and will focus on new crypto innovations that embed blockchain apps...Read More
[PRESS RELEASE – Los Angeles, United States, July 30th, 2024] DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can be made into a...Read More
According to the host of The House of Crypto, the time has come for a particular cryptocurrency ecosystem to experience major growth. In the previous bull market, Bitcoin saw a 232% rally in a few weeks. However, the biggest gains were not for Bitcoin holders, but for those invested in a specific ecosystem. This time,...Read More
Solana has surpassed Ethereum in total transaction fees and maximum extractable value (MEV) tips for the first time in a weekly timeframe since its launch. According to data from Blockworks Research, Solana generated approximately $25 million in revenue during the week of July 22, surpassing Ethereum’s $21 million. Solana’s Milestones Dan Smith, a Blockworks analyst,...Read More
Bitcoin (BTC) briefly crossed the $70,000 mark on Monday morning before dumping to $66,000, but analysts at the crypto exchange Bitfinex say the leading digital asset may pull back even more in the coming days. According to the latest Bitfinex Alpha report, bitcoin’s possible decline may be caused by significant downward pressure on implied volatility...Read More
[PRESS RELEASE – Dubai, UAE, July 30th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced significant upgrades to its governance process following the BC Fusion. These enhancements aim to boost the network’s efficiency, transparency, and community engagement, advancing BNB Chain’s vision to support startups and developers...Read More
Bitcoin has lost 5.7% over the past 12 hours or so, dumping $4,000 in a fall from $70,000 to just below $66,000 during early Asian trading on Tuesday, where it found support. However, it remains within a five-month rangebound channel that formed at the end of February. Analysts have been searching for clues to explain...Read More
This week, the U.S. national debt surpassed $35 trillion for the first time ever. Moreover, America has added around $12 trillion in federal debt since 2020. To put it into perspective, the U.S. has added an average of $280 billion of federal debt every month since January 2020. The country now has around $105,000 in...Read More
Kyiv police have detained four men, aged between 24 and 29, for the abduction and murder of a 29-year-old foreigner. The crime was driven by the motive to steal nearly 3 bitcoins (BTC), valued at approximately seven million hryvnias ($170,000). Details of The Abduction and Murder According to a report from the National Police of...Read More
American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or...Read More
Cantor Fitzgerald announced that it will open a Bitcoin financing business. The business will provide leverage to investors who hold Bitcoin and will launch with $2 billion in initial financing. Bitcoin Financing Business At the Bitcoin Conference 2024, Cantor Fitzgerald CEO and Chairman Howard Lutnick said on stage, “We will build the best platform for...Read More
The debut of spot Ethereum ETFs in the United States resulted in some of the highest inflows since December 2020 over the last week. According to CoinShares, the newly launched funds attracted $2.2 billion last week. Since then, the trading volume of Ethereum ETPs has also surged by 542%. However, the inflows have been hampered...Read More
One of the world’s largest issuers of crypto exchange traded funds (ETPs), 21Shares, has integrated Chainlink’s Proof of Reserve (PoR) on Ethereum to make their Core Ethereum ETF (CETH) transparent. This step will enhance investors’ trust in the firm. 21Shares integrating Chainlink In a press release, 21Shares US LLC, shared the information about this integration....Read More
On-chain analysts just caught the U.S. government moving around $2 billion worth of its massive BTC holdings, sparking market panic that it might be preparing for another sale. Meanwhile, Bitcoin’s price has steadily declined throughout the day, tapping $70,000 at 13:15pm UTC before crashing to $66,900 by 17:26 UTC. At 16:18 UTC, data from Arkham...Read More
Bitcoin neared its all-time high earlier today before it was rejected there. There are several factors at play that have supported the price surge of the flagship crypto asset. For one, bitcoin surpassed the average realized price for short-term investors after soaring well past $63,500, indicating renewed market strength. According to the latest findings by...Read More
[PRESS RELEASE – Tokyo, Japan, July 29th, 2024] DOP, the Data Ownership Protocol has announced its upcoming deployment on Polygon PoS. This move aims to enhance interoperability and efficiency, giving users greater control over their personal information on the Polygon network through selective transparency. “The integration of DOP into the Polygon ecosystem underscores the need...Read More
Tron founder Justin Sun has urged China to reconsider its stance on cryptocurrency and embrace friendly policies. Sun’s call to action comes in the wake of former President Donald Trump’s speech at the Bitcoin 2024 event, where the former President pledged to prevent China from dominating the global digital asset industry. Sun Sees US-China Crypto...Read More
[PRESS RELEASE – George Town, Cayman Islands, July 29th, 2024] SimpleSwap has recently launched an innovative Invite System – a feature, which aims to reward loyal users while attracting new ones, creating a mutually beneficial ecosystem for all participants. Here are the key details of how this system operates and its potential impact. How the...Read More
The value of Ether (ETH) has been on the rise lately, and so has Ethereum’s open interest. While this signals bullish sentiment from traders, it also indicates impending volatility and calls for caution in the market. According to CryptoQuant analyst Burak Kesmeci, Ethereum’s open interest data has increased by almost $1.5 billion in the past...Read More
Hong Kong Legislative Council Member Johnny Ng said that the city-state should follow suit if the United States decides to implement a Bitcoin strategic reserve. The concept is now likely being discussed across the globe following remarks by two of three US presidential candidates over the weekend. “Regarding Bitcoin becoming an official financial reserve for...Read More
[PRESS RELEASE – LONDON, ENGLAND, July 29th, 2024] In a groundbreaking achievement, Cryptonica has proudly installed its 6,000th Crypto ATM, marking a significant milestone in the global accessibility of cryptocurrencies. This historic event underscores Cryptonica’s unwavering commitment to making digital currencies easily accessible to people worldwide. On July 6, 2024, new ATMs were unveiled in...Read More
Crypto markets have remained relatively stable over the weekend, with total capitalization holding just above $2.5 trillion. Moreover, Friday’s inflation numbers helped markets regain a little ground at the end of last week, with Core PCE coming in line with expectations after a small increase. Digital assets, especially Bitcoin, were also buoyed by Donald Trump’s...Read More
The proposal came during a speech by the Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville on July 27. “We can create a brighter future for generations of Americans by diversifying into Bitcoin and being the first developed nation to create a strategic reserve,” she said. US Bitcoin Reserve The pro-crypto politician...Read More
Hong Kong native and crypto promoter Wong Ching-kit has entered the radar of the International Criminal Police Organization (Interpol) for his suspected role in several criminal cases, the latest being a cryptocurrency scam involving over HK$3 million ($384,310). According to a report from the South China Morning Post, Interpol has issued a red notice against...Read More
On-chain analytics platform Nansen believes bitcoin (BTC) investors should adopt a risk-on strategy amid the market’s current condition because all tactical signals are flashing green. According to the firm’s weekly research report, crypto narratives are currently positive and increase the likelihood of higher risk-adjusted crypto returns in the near term. Bitcoin Investors Should Become Risk-On...Read More
