Sun, November 24

Democrat Donor Ron Conway Slams Major Crypto PACs on $12M Pledge

The world of cryptocurrency has found itself drawn into the political landscape over the past few months. Particularly, in the USA the upcoming elections have caused a spur of activity within the sector. Recently, in the last 24 hours, one of the leading donors in the industry Ron Conway announced

August 20, 2024 2 mins read

US Spot Bitcoin ETFs End Two-day Inflow Streak Amid BTC Price Dip

The US Spot ETFs over the last few months have begun to witness declining activity. While the spot Ethereum ETFs are attempting to stage a revival, the spot Bitcoin ETFs have failed to do so. Meanwhile, the two cryptocurrencies have struggled to surpass their current price levels.  According to Sosovalue

August 15, 2024 2 mins read

Senator Chuck Schumer Advocates For Pro Crypto Laws at Crypto4Harris

The US political landscape has taken an intriguing crypto approach this election term. Amid former president Donald Trump’s persistent support for the sector, in an interesting turn of events the Democratic party has expressed interest to “reset” its crypto approach. On August 14, Vice President Kamala Harris held a meeting

August 15, 2024 2 mins read

Spot ETH ETFs Record First Positive Weekly Inflows Amid Price Struggles

US spot Ethereum ETFs after the July 23 launch were expected to draw significant inflows similar to the spot Bitcoin ETFs. The digital assets failed to meet analysts’ expectations as it witnessed mounting outflows following its initial launch day. However, the past week has witnessed for the first time weekly

August 12, 2024 2 mins read

Ripple CLO Calls on Kamala Harris to Intervene Against SEC Actions

The crypto market saw several key actions in the Ripple vs. SEC lawsuit this week. Ripple’s chief legal officer, Stuart Alderoty, recently asked Kamala Harris to end the SEC’s war against cryptocurrency. Meanwhile, the XRP token exhibits a price increase of 0.80% after showing notable surges on August 8.   Notably,

August 10, 2024 2 mins read

Senator Marshall’s Exit Marks Setback for Controversial Crypto Bill

Senator Roger Marshall, a Republican from Kansas, has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA), dealing a significant blow to the controversial legislation co-authored with Democratic Senator Elizabeth Warren. The move, announced on July 24, reduces the bill’s backing to 18 senators, complicating its legislative prospects.

July 26, 2024 2 mins read

Spot ETH ETFs Kick-Off to a $106M Inflow On First-Day Trading

The Ethereum ecosystem hit a new milestone with the US Spot ETH ETFs starting trading in the last 24 hours. After considerable anticipation, the digital assets began trading on July 23 after the SEC approved the final filings. On the first day of trading, the nine ETFs recorded a total

July 24, 2024 2 mins read

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to

July 23, 2024 2 mins read

Trump-Based Memecoins Show Price Surges Amidst Biden’s Bowing Out

In the last 24 hours, the US election landscape witnessed crucial movements. Present office holder, Joe Biden announced that he would be stepping down from a re-election. Within the crypto sector, Trump-based memecoins showed notable surges after political rival, Biden’s announcement.  Following Biden’s X announcement, the memecoins witnessed bullish price

July 22, 2024 2 mins read

How is the Crypto Market Preparing for the Spot ETH ETF Launch?

The most anticipated US Spot Ethereum ETFs are expected to make their market debut on July 23. In preparation for the launch, issuers have filed their S-1 filings and made announcements on fees, custodians, and other facets of their respective products. The market has also seen several updates from the

July 18, 2024 2 mins read