The Markets in Crypto Assets (MiCA) law created by the European Union intends to regulate the crypto asset space; however, it has not yet created a surge in euro-denominated crypto transactions. This particular observation had been made in an ESMA study. Even with becoming the very first legal framework for crypto assets and stablecoins, its […]

XRP, one of the most prominent cryptocurrencies across the crypto market, gained significant traction on Tuesday following a massive whale transfer noted by the token. The whale activity, showcasing the transfer of nearly 26 million XRP, caught the eyes of crypto market enthusiasts globally as it emerged amid a price surge recorded by the Ripple-backed […]

Ethereum-based synthetic dollar protocol Ethena has been in the news recently with its native token ENA gaining a staggering 100% since launch in early April 2024. Amid the widespread buzz in the market, Ethena, which replicates a common hedge-fund trade, is attracting massive investments. However, the staking yields offered by Ethena, have surged to a […]

The wait for approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. could come to an end this week finally, according to a report citing three people close to the matter. Spot Bitcoin ETFs could get regulatory approval from the U.S. SEC on Wednesday, with more than one fund preparing to launch trading on […]

In response to growing investor demand for products that offer both downside protection and potential for enhanced income, Fidelity Investments has unveiled three new exchange-traded funds (ETFs). The actively managed ETFs, namely the Fidelity Dynamic Buffered Equity ETF (FBUF), Fidelity Hedged Equity ETF (FHEQ), and Fidelity Yield Enhanced Equity ETF (FYEE), are designed to combine […]

In a bold move that aligns with his reputation for pushing the boundaries of innovation, Elon Musk’s X is gearing up to introduce its payment offering later this year. Known for his ventures in electric vehicles, and space exploration, Elon Musk continues to diversify his portfolio with this innovative foray into the financial sector. Actualizing […]

Binance, the renowned cryptocurrency exchange, has sparked discussions in the digital currency realm with its latest addition to the Binance Launchpool. Notably, the spotlight shines on the Omni Network (OMNI), offering investors a chance to delve into a novel blockchain architecture. As anticipation mounts, questions arise regarding the implications of this move on the crypto […]

With the likelihood of approvals for spot Bitcoin Exchange Traded Fund (ETF) products by the US Securities and Exchange Commission (SEC), Valkyrie’s Chief Investment Officer Steven McClurg has hinted that a spot Ethereum ETF and XRP ETF may also be around the corner. Spot Ethereum ETF: Is The Time Right? While Steven McClurg said he […]

In a significant development for the cryptocurrency world, Hong Kong is poised to potentially green-light exchange-traded funds (ETFs) for Bitcoin and Ethereum as early as the coming Monday. This revelation, reported by Bloomberg, has set off a wave of optimism within the crypto community, especially following the remarkable success of Spot Bitcoin ETFs in the […]

The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday has renewed concerns about the security of Elon Musk’s social media platform. However, the X safety team has confirmed that the account was compromised due to the SEC failing to enable two-factor authentication rather than any breach of X’s systems. […]