Digital asset manager Bitwise has officially filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The filing, submitted on Nov. 27, seeks approval for a new ETF created to provide investors with indirect exposure to
Donald Trump’s victory in the U.S. presidential election earlier this November has ushered in a long-awaited bull market for the crypto industry, driving Bitcoin to new all-time highs. Recently, as Trump nominated several crypto-friendly figures to his cabinet and SEC Chair Gary Gensler resigned, the crypto community has become increasingly
The global cryptocurrency exchange, OKX, has announced a partnership with Forteus, a digital asset management firm, and Komainu, a regulated digital asset custody provider. This collaboration has focused on addressing the need for efficient and compliant solutions in institutional crypto trading. Notably, by utilizing the custody services of Komainu alongside
Jed McCaleb, founder of the Stellar Development Foundation (SDF) and former Ripple CTO, has clarified Stellar with Ripple. Since there are comparisons between the two networks, McCaleb stressed the fundamental differences, including unique codebases, consensus mechanisms, and features. His remarks came in response to comments made by Cardano founder Charles
One of the largest crypto asset management companies, Bitwise has proposed a mix-crypto ETP consisting of both Bitcoin and Ethereum, weighted by market cap. NYSE Arca filed a 19b-4 form to list this product. Bitwise is a crypto specialist asset manager with more than $11 billion in client assets and
In 2024, this is the first time where altcoins have dominated more of the crypto market than Bitcoin (BTC). Hedera (HBAR) and DTX Exchange (DTX) contributed notably, delivering strong performances in the market. Meanwhile, Dogwifhat (WIF) bottomed out with an overnight drop that could highlight an emerging problem. As traders
Just an hour before, Bitcoin (BTC) saw a significant drop in the Asian trading hours, plunging into the $91K range after a loaded crypto liquidation totaling $687 million. BTC alone accounted for $178.25 million in liquidations, reflecting the market’s struggle with overheating leverage positions and profit-taking among holders. Over the
Smart investors are diversifying their portfolios by spinning earnings from known coins into exciting penny tokens as the bitcoin market changes. Shiba Inu (SHIB) and two other notable candidates, Rexas Finance (RXS) and Bonk (BONK) have lately attracted a lot of attention in this trend. Those looking for exponential returns
The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain. Bloomberg analyst James Seyffart suggests decisions could extend into late 2025. Regulatory challenges and market constraints are the primary reasons for the delay. The U.S. Securities and Exchange Commission (SEC) has denied
Pump.fun’s livestream feature has caused major controversy and is the target of criticism. The platform allows users to quickly create meme coins. The feature has been called for removal because of its abuse for extreme content and financial fraud, despite its original intent of helping developers market their ideas. Things
