TL;DR ARK 21Shares modifies its Ethereum ETF application to seek greater institutional acceptance of cryptocurrencies. The introduction of a cash-creation and redemption model in the Ethereum ETF application aims to align with established regulations and enhance the ETF’s tracking ability. Ether staking through third-party trust providers is another significant addition to the ETF application, offering […]

A single crypto whale has gobbled up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to the blockchain tracker Lookonchain. Lookonchain notes that the whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC. […]

A prominent US-based crypto exchange platform is venturing into Europe’s fifth-largest economy after acquiring the proper registration. In a new press release, crypto trading platform Kraken announced that it has obtained VASP (Virtual Asset Service Provider) registration from the Dutch Central Bank (DCB), allowing it to expand its services into the Netherlands. VASP licenses give crypto […]

Do Kwon’s extradition to South Korea, ordered in December 2023, has been overturned. Both South Korea and the United States had requested Kwon’s extradition for fraud charges related to TerraUSD’s collapse. The Montenegrin court found “significant violations” in how the extradition requests were handled. Less than a month ago, the jig was up for Do […]

Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. According to an official release, former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November […]

Astonishing amount of Ethereum deposited to major cryptocurrency exchanges within last 24 hours

Ethereum staking has been ramping up despite the poor performance of the ETH price over the past year. Liquid staking protocols such as Lido Finance have continued to see the amount of ETH being staked rise, and as a result of this continued interest in staking ETH, the total amount of supply that has been […]

SatsCrap, a marketplace for trading goods for bitcoin, has unveiled a new feature: Bitcoin and AI-powered auctions, streamlining the process of selling items for sats, according to a press release sent to Bitcoin Magazine. This marketplace allows users to list, bid, and purchase items with ease, all while transacting in KYC-free bitcoin. “Bitcoin is repricing […]

Cryptocurrency is a digital currency designed to work as a medium of … These frauds typically begin with an advertisement on social media that claim a …

While Tron ecosystem has attracted a lot of volumes in the past months, its price increased exponentially with over 100% gain in the past year. It is trending highly bullish this month following a recent breakout. The continuous increase in TRX’s price has gained a lot of traction amongst traders and investors, bringing its current […]

London-based firms CCData and BMLL Technologies have announced a new partnership aimed at streamlining access to data across traditional and digital asset markets. CCData, an FCA-authorized benchmark administrator, provides digital asset data solutions and settlement indices. BMLL Technologies offers financial institutions granular historical data and analytics on markets. CCData and BMLL Technologies Partner to Enhance […]

TL;DR The Ethereum staking market is experiencing significant growth, with over 30 million ETH deposited, valued at nearly $73 million at the current price, representing approximately 25% of the circulating supply. Lido Finance leads the staking market with over 9 million ETH deposited, around 32% of the total deposits. The merge was crucial for the […]

TL;DR Bakkt, a crypto platform backed by ICE, is facing a severe cash crunch and may not be able to operate for the next 12 months. Bakkt has failed to attract enough users and revenue in the crypto market, and its stock has plunged from over $40 to below $2. Bakkt may need a massive bailout from […]

Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization, […]

MicroStrategy acquired an additional 850 BTC in January, increasing its holdings to 190,000 Bitcoin, valued at over USD $8.4 billion. This makes the company a substantial investment option for those seeking Bitcoin exposure. Led by Michael Saylor, the software firm is pivoting to become a Bitcoin Development Company, aiming to innovate and leverage Bitcoin to […]

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC), […]

Chainalysis data shows that cryptocurrency ransom attacks reached almost $1bn in losses in 2023. Achieved via malware, this type of looting uses …

We’re thrilled to announce that Polygon Ecosystem Token (POL) is now available on Kraken for residents of Canada! Funding and trading POL funding and trading are live. Add POL to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Only deposit POL on Polygon. Deposits using other networks will be lost. […]

A closely followed crypto trader is remaining bullish on one Solana (SOL) competitor that’s put up big gains in recent months. Pseudonymous trader The Flow Horse tells his 200,300 followers on the social media platform X that the layer-1 blockchain Sui Network (SUI) will remain in an uptrend if it holds a key level as […]

In mid-January, a massive winter storm swept across the United States, dropping temperatures in Central Texas into the low 20s and causing Texans to huddle indoors with their heaters running full blast. The Texas power grid creaks and groans when it’s put to the test during extreme weather events and sometimes it goes down leaving […]

Kraken has achieved a milestone in its European growth strategy with the acquisition of a VASP (Virtual Asset Service Provider) registration from the Dutch Central Bank (DNB). This registration paves the way for Kraken to expand its operations into the Dutch market. Kraken’s European Growth Soars with Dutch Market Opportunities Brian Gahan, the Managing Director […]

Robert Kiyosaki warns of bank failures and champions Bitcoin as safe haven

Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the $15 level to tap $18.88 […]

Solana is gaining bullish momentum above $100. SOL price is signaling a fresh increase and might rally further toward the $112 level. SOL price started a fresh increase from the $93.20 support against the US Dollar. The price is now trading above $98 and the 100 simple moving average (4 hours). There was a break […]

Ripple’s price has been trading within a relatively narrow range of around $0.50 for the past week, begging the question if there’s a massive move around the corner. From a technical perspective, there are two important metrics to keep an eye out for, but there’s also the fundamental side of things, so let’s have a […]

A rival of blockchain oracle provider Chainlink (LINK) is announcing a new airdrop for over 160 decentralized applications (Dapps). In a new blog post, data aggregating service Pyth Network (PYTH) says that it is launching the second phase of its Retrospective Airdrop plan, which gives all Dapps using data provided by Pyth free tokens. “Readers […]

TL;DR Fraxtal Launched: Layer 2 Network for Ethereum, Promising Scalability in DeFi. Innovation with Flox: Block incentive system to drive adoption and active use. Airdrop and Activation: Great rewards for veFXS holders and official launch of the Flox mechanism. The launch of Fraxtal, the Ethereum layer 2 network developed by Frax Finance, marks a significant […]

TL;DR BlackRock’s iShares Bitcoin Trust (IBIT) was the most traded Bitcoin ETF on February 7, 2024, with $341.2 million in volume, surpassing the $1 billion mark for the total Bitcoin ETF market. The IBIT offers investors spot exposure to Bitcoin, with low fees and premiums, and benefits from BlackRock’s reputation and scale as the world’s largest […]

Peterborough police say the most popular form of cryptocurrency fraud is investment scams that via ads on social media promise high returns on …

This registration will allow us to expand into an important European market and offer our industry leading products to Dutch clients. We are committed to growing our business in compliance with European regulations and have obtained a number of registrations over the past year. In addition to the Netherlands, we hold registrations in Spain, Italy […]

Ethereum’s ‘Dencun’ update has passed its final test before launch. The new update is set to bring proto-danksharding to the Ethereum network, aimed at improving L2 rollup efficiency. Faster transactions, lower fees and more developer flexibility are potential benefits of the Dencun upgrade. Testnets, like the three successfully trialled with Dencun, are crucial for ensuring […]

The crypto revolution was finally taken to new heights when the SEC approved 11 Bitcoin spot ETFs in January 2024. Global investors flooded in like never seen before, adding almost $5 billion of inflows on the first day of trading. As a result, the crossover between traditional finance and digital assets is now firmly established, […]