Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue to attract […]

Bitwise Asset Management has announced its acquisition of ETC Group, a London-based issuer of cryptocurrency exchange-traded products (ETPs). The acquisition includes ETC Group’s portfolio of over $1 billion in assets under management. This move marks Bitwise’s entry into the European market. Expanding to Europe ETC Group, established in 2019, offers a range of crypto ETPs. […]

Crypto Twitter speculates on the accessibility issues of VanEck and 21Shares’ 19b-4 forms for Spot Solana ETFs. Finance lawyer Scott Johnsson believes Gary Gensler directly halted SOL ETF applications, bypassing formal disapproval due to misclassification. Despite setbacks, VanEck’s Solana Trust S-1 filing is still active, indicating ongoing efforts to secure regulatory approval. Crypto Twitter has […]

Bitcoin’s weekly candle closed below its bull market support band making it the fourth week in a row to do this. The close of $58,748 has kept the asset below key moving averages, as depicted by analyst Benjamin Cowen in a post on X on Aug. 19. Moreover, the last three weekly candles have been […]

The cryptocurrency space in Nigeria is set to be remodelled as the Federal Government unveils new tax laws by September, with a special focus on …

Digital assets manager CoinShares says that institutional crypto investors poured only minor inflows of capital into digital asset investment products last week. In its latest Digital Asset Fund Flows report, CoinShares says that Ethereum (ETH) competitor Solana (SOL) institutional crypto investment products saw record outflows last week amid an apparent loss of interest in memecoins. “Solana […]

Investment giant BlackRock is now the biggest crypto exchange-traded fund (ETF) provider in terms of assets under management (AUM). According to blockchain intelligence firm Arkham, BlackRock’s ETF holdings have outpaced that of rival and longtime crypto ETF leader Grayscale. BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust ETF (ETHA) now collectively represent $14.6 million […]

John Bollinger sets record straight on Litecoin, deflecting criticism from Bitcoin maximalists

Shiba Inu (SHIB) may be gearing up for a massive spike as cryptocurrency analysts are divided on what could come next. Javon Marks, one popular social media member in the crypto-verse, has taken to X, formerly known as Twitter, with some very bullish comments that SHIB is on the brink of a major breakout. According […]

Tether’s USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.

TL;DR Bitwise Asset Management acquires ETC Group, marking its entry into the European market and adding several crypto ETPs to its portfolio. ETC Group, known for its physical Bitcoin ETP (BTCE) and other crypto products, will be rebranded but without significant changes to its strategies. The acquisition raises the firm’s assets under management to over […]

Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November. He believes this action could end the “war on crypto” and make the […]

DeFinity Markets has secured approval from the Jersey Financial Services Commission (JFSC) to launch an investment-grade digital assets matching and settlement platform. According to the company’s statement, this initiative leverages Jersey’s Virtual Asset Service Provider (VASP) framework to offer bank-backed credit intermediation to investment-grade clients. Addressing Over-collateralization The platform reportedly aims to address key industry […]

Top US-based crypto exchange platform Coinbase is announcing a $15,000 grant program to push decentralized applications (DApps) built by artificial intelligence (AI). In a new blog post, Coinbase says it’s launching the Coinbase Developer Platform (CDP) AI Builder Program to solve common issues associated with automated DApp and blockchain development. “A major barrier to building […]

Biggest Crypto Presale–BlockDAG Raises $66.7M Amid Stacks and Chainlink Market Challenges The cryptocurrency market is experiencing notable developments, with attention focused on projects like Stacks (STX), Chainlink (LINK), and BlockDAG. Stacks is currently facing headwinds despite a recent Binance listing, while Chainlink has seen a downturn, touching its lowest price of the year.  Meanwhile, BlockDAG […]

Hut 8 Corp. (HUT), a leading North American Bitcoin miner, announced its financial results for the second quarter ending June 30, 2024. The company reported a net loss of $71.9 million despite a 72% year-over-year revenue increase to $35.2 million. Hut 8’s Q2 Financial Results In an August 13 press release, Hut 8 reported that […]

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana … Bitcoin has lost 1.68% in the last 24 hours, trading at $58,467.31.

Franklin Templeton filed an S-1 with the SEC for a crypto fund under the ticker EZPZ, aligning with its existing crypto fund names. The EZPZ ETF aims to initially include Bitcoin and Ethereum, managed by Coinbase Custody and BNY Mellon, with potential to expand to more cryptocurrencies. The fund, seeking to list on the Cboe […]

SunPump has seen significant activity; over 7,000 new memecoins were created with over 2.4 million TRX in revenue. This has caused mixed reactions. Some users believe TRON is genuinely a good network for launching a memecoin market, while others question the motives and legitimacy of the TRON ecosystem. The memecoin market is currently down about […]

Cryptocurrency critic Peter Schiff shares surprising Bitcoin tweet

The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates. 

XRP price is consolidating gains above the $0.5550 level. The price could gain bullish momentum if it clears the $0.580 resistance zone. XRP price is eyeing a fresh increase from the $0.5620 level. The price is now trading above $0.5680 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support […]

Americans are holding more household debt than ever before as one of the biggest banks in the country warns of a weakening US consumer. According to a report from the New York Fed, US credit card debt just hit a record $1.14 trillion. On the whole, Americans have more student loan, mortgage, credit card and […]

The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate allegedly misrepresented account activity and offered illegal guarantees against losses. A retired New Hampshire resident, persuaded via Facebook to invest $3,526 in cryptocurrency with Finstate, […]

Dubai: In a landmark ruling, the Dubai Court of First Instance has said that salary payments can be made in cryptocurrency as valid under United …

BlockDAG Hits $66.7M Post-UFC Champion Alex Pereira’s Partnership While ETH Liquid Staking Soars & ADA Price Eyes 9% Rise As Ethereum’s Liquid Staking has shown resilience, rising by 1,200% in Total Value Locked (TVL) since early 2024, and Cardano (ADA) gears up for a 9% price jump amid rising network activity. Amid this, BlockDAG is […]

Scams in the cryptocurrency industry are nothing new and the meme coin community, especially, has long been a target of wrongdoers. The Shiba Inu team has come up with another critical warning, trying to protect its users from exploiters who try to drain their wallets by prompting various actions. Important Warning for the Shiba Inu […]

Cardano founder Hoskinson demonstrated long-standing involvement with Bitcoin in new tweet

TON’s upside setup is reinforced by its inverse head-and-shoulders pattern and key catalysts like the Binance listing.

Economists at Goldman Sachs are increasing the odds that the US economy will enter a period of an economic downturn by the end of the year. Analysts at the banking behemoth have raised the odds of a recession occurring in the coming months from 15% to 25%, citing the last month’s jump in unemployment data, reports […]

Law enforcement agencies in Bangkok are reportedly looking for four Chinese nationals who broke into a luxury house in the Pathum Thani province and forced their victim to transfer millions of dollars in crypto. Bangkok Post reports that masked suspects, each armed with a gun and knife, broke into the house of 35-year-old Chinese businessman […]

The Norwegian Government’s sovereign wealth fund has significantly increased its indirect Bitcoin exposure in the first half of 2024, although this increase is likely unintentional according to a market analyst. Vetle Lunde, a senior analyst at crypto research firm K33, says the increase is due to the fund’s pre-determined diversification into companies that have increased […]