US-based leading investment firm and ETF issuer VanEck made an announcement to waive fees for spot ETH ETFs in the initial trading phase. The firm stated that it would not charge fees until an unspecified time in 2025. VanEck was one of the eight issuers approved by the SEC in
June 26, 2024 2 mins read
The Luna Foundation Guard (LFG) announced the movement of its crypto holdings to a direct custody solution, citing “safety” measures. LFG is the non-profit organization of Terraform Labs, the firm that recently made a settlement in a legal battle with the SEC. Terraform Labs and its founder Do Kwon were
June 25, 2024 2 mins read
Pepe (PEPE), one of the most trending frog-themed memecoins recently, has shown a bullish run in the past 24 hours. Following this, the memecoin witnessed a huge whale movement in the early hours of Tuesday. The whale account identified as ‘0x837’ moved 700 billion PEPE, worth approximately $7.85 million, to
June 25, 2024 2 mins read
The crypto market witnessed a major milestone as the leading banking institution, the Standard Chartered Bank, announced the launch of a trading desk for spot Bitcoin (BTC) and Ethereum (ETH). Two insiders have confirmed that the trading desk will operate from London, as reported by Bloomberg Spot cryptocurrencies including BTC
June 21, 2024 2 mins read
Ripple Labs, a subsidiary of Ripple, witnesses a securities case filed against the company in California. The new lawsuit targets Ripple CEO, Brad Garlinghouse alleging him of ‘misleading statements’ in a 2017 interview regarding XRP’s designation as a security. The cryptocurrency firm recently celebrated a partial win against the SEC
June 21, 2024 2 mins read
The Open Network (TON) blockchain has become one of the most trending networks in the market, as reported by market analysts. The Telegram-linked blockchain sets a new record by hitting a transfer volume of approximately $10 billion — 10% of Bitcoin’s transfer volume ($50 billion). Amid this bullish talk, the
June 20, 2024 2 mins read
The memecoin sector received the market spotlight in May 2024. The tokens’ activity ranked the highest in the overall monthly analysis. This activity surge was priced in by the memecoin tokens causing notable waves in the overall market. However, the rally has recently died down as highlighted by downward prices
June 20, 2024 2 mins read
In the past month, the crypto market has witnessed wavering upward and downward movements. With crypto assets particularly the altcoin sector, showing price revivals, the regulators introducing announcements and numerous launches, the first half of 2024 has been momentous in activity. As the second half (H2) of the year is
June 19, 2024 8 mins read
The Solana Ecosystem has witnessed staggering interest from the crypto community, evident from its surge in activity. This was instigated by an influx of celebrity-led memecoins. But the altcoin, SOL, failed to pick up the momentum from the frenzy. The token, in the past 24 hours, has shown a brief
June 19, 2024 2 mins read
Hong Kong has drawn market attention in the past few months with its progress toward digital asset adoption. Currently, the impending agenda in the nation is the introduction of a licensing system for crypto-fiat exchanges. The CFO of OSL Group, a leading crypto exchange in the Chinese capital, discussed the
June 19, 2024 2 mins read
