Asset management firm Valkyrie has taken a significant step by filing for an Ether or Ethereum (ETH) futures exchange-traded fund (ETF) called “Valkyrie Ethereum Strategy ETF” with the United States Securities and Exchange Commission (SEC). Valkyrie Ether Futures ETF Include Secure Collateral Investments According to the filed documents on August …
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In a recent interview, Tom Lee, CNBC’s head of research, shared his insights on the potential impact of a Spot Bitcoin exchange-traded fund (ETF) approval by the Securities and Exchange Commission (SEC) on the price of the largest cryptocurrency in the market. Lee expressed optimism that introducing a Bitcoin ETF …
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In a recent development, Republican lawmakers on the U.S. congressional committee responsible for overseeing the Securities and Exchange Commission (SEC) have intensified their scrutiny of the agency’s crypto approval process. Led by Chair Patrick McHenry, 23 House Financial Services Committee lawmakers have sent a letter to SEC Chair Gary Gensler, …
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In recent weeks, the native token of THORSwap, THOR, has experienced a surge, with its value increasing by nearly 300%. This surge has attracted attention within the crypto community, prompting an exploration of the factors contributing to THOR’s rapid growth. THORSwap, a cross-chain decentralized exchange (DEX) aggregator built on the …
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Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, is set to shut down on August 16. This announcement comes after the decentralized exchange Biswap tweeted on the same day, revealing that Binance had made a challenging decision to disable its crypto arm on August 15 due to the …
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Grayscale Investments, the renowned digital asset management firm, is yet to receive a decision from the U.S. Securities and Exchange Commission (SEC) regarding its application to convert its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF). Despite surpassing the customary 160-day review period, market participants eagerly await the next …
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In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying particular attention to two key factors: the trend line and the 21-day, 21-week, and 21-month …
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Coinbase, the prominent US-based cryptocurrency exchange, announced the launch of the Stand with Crypto Alliance, an advocacy organization aimed at mobilizing the crypto community to participate in legislative processes actively. Per the announcement, the Alliance intends to drive clear and sensible regulation to secure the future of cryptocurrencies in America. …
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In a U.S. District Judge Lewis Kaplan ruling, Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, has been ordered to prepare for his upcoming fraud trial from within the walls of Brooklyn’s Metropolitan Detention Center (MDC). This decision comes after allegations of tampering with witnesses while Bankman-Fried was out …
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Michael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market, which could impact the nascent crypto industry if his bet is to materialize. Burry, known for accurately predicting the subprime mortgage crisis, recently went mega-short with over $1.6 …
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FC Barcelona has recently announced significant developments in its digital expansion strategy, with the entry of new strategic partners and a merger agreement. The renowned Spanish football club aims to accelerate the growth of its digital ventures, Barça Vision and Barça Media, and tap into the world of Web3, blockchain, …
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Cardano (ADA), the blockchain platform renowned for its scalability and technological approach, has made significant strides in the crypto market, as highlighted by the recently released Messari report. The report provides valuable insights into Cardano’s achievements in Q2 2023, solidifying its position as a prominent player within the industry. With …
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