Fidelity has announced plans to implement a new fee structure for exchange-traded fund (ETF) purchases. If the fund sponsors do not consent to the brokerage paying support fees, the investors will now be charged $100 for each trade on an ETF valued at $2,000 and over. On trades equivalent to or less than $2,000, the […]

Shibarium, the Shiba Inu-backed Lyer-2 scaling solution is seeing its transaction count slump in a waning adoption on the network.  Shibarium Transactions Trend Change According to data from the Shibarium Explorer, daily transactions are now pegged at 5.69 million, down from the general average of 7 million over the past month. The data shows a […]

Messari, a prominent crypto research firm, has unveiled staggering projections for Coinbase’s performance in the first quarter of 2024. The firm’s Senior Research Analyst, Kunal Goel, who spearheaded the analysis offered an optimistic outlook. In addition, he boldly forecasted a remarkable 89% surge in transaction revenue of Coinbase. Coinbase Q1 FY24 Earnings Estimate According to […]

In a significant move shaping the future of cryptocurrency in South Korea, the Financial Supervisory Service (FSS) is set to release comprehensive guidelines, marking a pivotal step in regulating virtual assets. Addressing concerns around issuance, circulation, and listing standards, the FSS aims to establish a robust framework for the burgeoning digital asset market. Meanwhile, this […]

Solana (SOL), a blockchain project renowned for its speed and scalability, recently faced a notable outage. It prompted significant scrutiny and discussion within the crypto community as some shifted to Ethereum, Solana’s eternal rival. In a recent statement, Austin Federa, Head of Strategy at the Solana Foundation, shed light on the actual cause behind the […]

The UK financial landscape is evolving with the introduction of the Digital Securities Sandbox (DSS). This initiative, managed by the Financial Conduct Authority (FCA) and the Bank of England, marks a shift towards blockchain technology in trading securities. The change, effective today, brings blockchain under the purview of the Financial Services and Markets Act, enabling […]

Coinbase, a leading cryptocurrency exchange, has announced that its UK-based users can now buy Bitcoin, Ethereum, and other cryptocurrencies using Apple Pay on their iPhones. This move aims to provide a secure and private purchasing experience.  According to Coinbase, Apple Pay‘s integration ensures that card numbers are neither stored on the device nor on Apple […]

The Internet Computer (ICP) price recently experienced a notable pullback, dropping from a high of $16.3 to a low of $10.3, a 36.6% decline. This decrease coincided with low transaction volumes, suggesting it might be a short-term correction rather than a long-term trend reversal. Currently, the ICP price is testing the support level of a […]

Chainlink has announced the launch of its Chainlink Functions product on Base, the layer-2 blockchain developed by Coinbase and secured by Ethereum. This integration equips developers on Base with advanced computational capabilities, enabling them to connect smart contracts with external APIs and perform trust-minimized computations. The introduction of Chainlink Functions on Base is a progress […]

As the deadline for SEC action on Bitcoin ETF applications approaches, Reggie Browne, GTS’s Head of ETF Trading, predicts a potential premium of 8% above Net Asset Value (NAV) for a Spot Bitcoin ETF. Meanwhile, Browne emphasizes the complexity arising from U.S. broker-dealers unable to trade Bitcoin directly, potentially causing trading hurdles. However, despite expectations […]