Recent data reveals that the new spot ETF issuers have accumulated more than 68,000 Bitcoin in their first week of operation. The crypto market has been hit with a sudden downturn as the price of Bitcoin (BTC) experienced a 4.5% drop on January 18, reaching its lowest level in a …

The introduction of spot Bitcoin ETFs triggered a massive retracement in the overall crypto market. After just four days since the introduction of spot Bitcoin Exchange Traded Funds (ETFs), the crypto market has witnessed a substantial influx of over $2.9 billion, excluding funds tied to Grayscale Bitcoin ETF (GBTC). Top …

While Franklin Templeton expressed enthusiasm for Solana, Ethereum, and Bitcoin, the firm indicated that it is actively monitoring other layer-1 blockchains with massive potential. Franklin Templeton, a trillion-dollar asset management firm, recently expressed admiration for the Solana network, sparking debate about the potential for a Solana Exchange Traded Fund (ETF) …

As the court hearing progresses, the fate of Coinbase remains uncertain. If Judge Failla denies Coinbase’s motion for dismissal, the case will proceed to discovery. The legal battle between the Securities and Exchange Commission (SEC) and Coinbase Global Inc (NASDAQ: COIN) reached a pivotal moment as New York District Judge …

Ramaswamy’s departure from the presidential race leaves a void in terms of a candidate explicitly championing pro-crypto policies. Pro-crypto Republican candidate Vivek Ramaswamy has officially withdrawn from the United States presidential race, marking the end of his nearly year-long campaign. Ramaswamy, who gained attention for his outspoken stance on cryptocurrency …

This merger is poised to create the largest Web3 business network in Asia, fostering communities of holders, developers, and partners in each Asian country. Klaytn and Finschia Foundations have announced a joint proposal for a merger, seeking to create a new mainnet that not only boasts technological superiority but also …

The announcement of Hitachi joining the Hedera Council aligns with broader advancements in DLT within traditional finance. In a move towards advancing sustainability and enhancing supply chain solutions, Hitachi America Ltd (Hitachi) has joined the Hedera Council, as recently announced in a blog post by the Council. Hedera’s Unique DLT …

Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields. In its recently released 2024 Digital Assets Look Ahead report, asset manager Fidelity Investments predicts a potential resurgence of institutional interest in Decentralized Finance (DeFi) and stablecoins, based on the Federal Reserve‘s anticipated interest rate …

Being the third lowest performer by trading volume among the 11 spot Bitcoin ETFs that debuted on Thursday, Valkyrie’s spot Bitcoin ETF garnered just under $9 million in trading volume during the day. CoinShares International Limited, a leading player in the European digital asset industry, announced today that it has …

The SEC’s approval of spot Bitcoin ETFs is considered a turning point for the crypto industry. The spot Bitcoin Exchange-Traded Funds (ETFs) market has experienced an unprecedented start, recording over $4 billion in trading volume on its inaugural day. This surge comes after the US Securities and Exchange Commission (SEC) …

As a testament to the quality and popularity of Oasys projects, five of them have already secured positions in the Top 30 of the Games category on DappRadar, based on Unique Active Wallets (UAW) as of January 11. Oasys, a popular gaming-optimized blockchain platform, has reached a notable milestone in …

The approved ETFs are expected to attract significant inflows. Estimates suggest that Valkyrie could see $200-400 million, with the overall market experiencing $4-5 billion in inflows within the first few weeks. In a historic move, the US Securities and Exchange Commission (SEC) has approved 11 spot Bitcoin Exchange-Traded Funds (ETFs) …