ARK 21Shares has made changes to their spot Ether ETF application in order to implement a cash-creation approach, which is comparable to their authorized spot Bitcoin ETF. Additionally, they have also hinted to stake some of the ETF’s Ether in order to produce more revenue. After many conversations with the
Bitcoin’s next halving event occurs this April, potentially spurring a crypto bull run that sends Shiba Inu soaring. Halvings reduce BTC rewards to miners, constraining supply growth. This scarcity effect often precedes major Bitcoin price increases. Any BTC breakout to new highs could positively impact other cryptocurrencies, like SHIB. Analysts
Robinhood Markets, Inc., has announced a collaboration with ConsenSys’s MetaMask to make buying cryptocurrency easier. The goal of this partnership is to improve the user experience by combining the efficient order engine of Robinhood with the popular digital wallet of MetaMask. This will make using Web3 technologies easier and safer
Crypto asset management company CoinShares stated that institutional crypto products had net inflows for the first time in three weeks in their most recent report. Following a precipitous drop of $500 million the week before, investors flooded the crypto market with $708 million last week. The most recent data shows
Gate Ventures, the venture capital arm of the Gate.io crypto exchange, recently led the seed round for Bitlight Labs, an innovative blockchain solutions provider utilizing RGB protocols to transform the Bitcoin ecosystem, bringing Layer 2 smart contract technology to Bitcoin. Since Satoshi Nakamoto launched the first node in 2009, Bitcoin
Despite Bitcoin’s (BTC) attempts to breach the $43,500 resistance level, it faced challenges in extending its gains, slipping below $42,800 in recent trading sessions. At the time of writing, Bitcoin was trading at $42,701, with a slight decline of 0.57% in the last 24 hours. In contrast, BlackRock and Fidelity’s
Bitcoin (BTC), the largest cryptocurrency, has kept its investors on edge with a stagnant price movement in recent weeks. Currently, experiencing a modest surge of 0.33% in the last twenty-four hours and a 3.16% increase over the past seven days, it has slightly broken the tight trading range between $40,000
At Thursday’s hearing before the Senate Banking Committee, Senator Elizabeth Warren and other Democrats condemned the purported use of cryptocurrency in illegal financing and frauds. Senator Lindsey Graham (R-S.C.) is one of 19 senators who have lent their support to Warren’s Digital Asset Anti-Money Laundering Act, which she has been
The collapse of several high-ranking financial institutions in 2023 – led by Signature Bank and Silicon Valley Bank (SVB) bank – created a ripple effect that led many investors to look more thoughtfully into digital assets and decentralized financial services. A recent report has shown that the crypto market boasts
The Hong Kong Securities and Exchange Commission (SFC) has received an application from the Bybit crypto exchange seeking a Virtual Asset Trading Operator (VATP) license. The SFC website states that the exchange, operating under the name Spark Fintech Limited, submitted the licensing application on January 31. Included in the fourteen
