Blackrock Brings Ethereum ETF Enthusiast on Board to Focus on Crypto Offerings

Blackrock has hired GSR research analyst Matt Kunke as a Digital Assets Product Strategist. The appointment comes at a time when the Ethereum ETF approval resides near and Blackrock aims to improve its crypto ETF offering to customers. Blackrock Hires Matt Kunke Matt Kunke, a former GSR research analyst, was brought on by BlackRock as […]

VanEck Axes Fees on Spot Bitcoin ETF for 24 Months

American investment management firm VanEck has doubled down on its spot Bitcoin ETF strategy as it recently unveiled another major sponsor fee slash. The announcement of the fee slash was posted on the VanEck official X page and has generated responses from the crypto community. Spot Bitcoin ETF: VanEck and the Fee Slash Goal VanEck […]

Bitcoin (BTC) Dominance Slips Below 50% as Market Liquidity Hits ATH

Bitcoin’s (BTC) price is seeing a slip in its overall dominance amid an encompassing rally in the broader digital currency ecosystem with altcoins seeing encompassing valuation boosts. Bitcoin Dominance and Market Liquidity According to data from crypto analytics platform IntoTheBlock (ITB), Bitcoin dominance is pegged at 48% amid a recent rally to an All-Time High […]

Bitcoin’s BRC-20 Token Standard Sees Major Governance Update

The BRC-20 token standard, famous as an enabler of the trading of digital assets beyond BTC on the platform, is going through a governance transition. This development occurs as Domo, the pseudonymous creator of the BRC-20 standard, and his non-profit organization, the Layer 1 Foundation (L1F), partner with major Bitcoin infrastructure companies, UniSat, and Best […]

Breaking: Coinbase Files First Brief In SEC’s Rulemaking Denial Lawsuit

Coinbase, a U.S. cryptocurrency exchange, has officially filed its opening brief in a lawsuit against the Securities and Exchange Commission (SEC). This lawsuit has come about as a result of the SEC’s failure to set clear regulatory guidelines for the cryptocurrency industry, which Coinbase claims was a decision taken arbitrarily without adequate explanation. The filing, […]

Ethereum Dencun Upgrade: Here’s Projected Cost on L2s Post-Launch

With the highly anticipated Ethereum Dencun upgrade set to launch in 2 days, the cryptocurrency community eagerly awaits the potential changes in gas costs and the overall landscape of Layer 2 (L2) platforms. Ethereum Dencun Upgrade and Projected Stability Push In a post on X shared by IntoTheBlock, except for Ethereum, the remaining three L2 […]

Israel to Introduce CBDC with Interest-Bearing Features

The Bank of Israel recently revealed plans to support a new central bank digital currency (CBDC) with unique features. This includes the potential for the digital shekel to accrue interest. The announcement came on March 11, outlining a vision for a digital currency that incorporates cutting-edge financial technology and privacy considerations. The proposed CBDC aims […]

Spot Ethereum ETF’s Future Hangs in Balance as Approval Likelihood Drops

Spot Ethereum ETF will have a key judgment in May with the SEC deciding upon the approval. However, with prevailing uncertainty, the market has started lowering the approval chances. Notably, the SEC took over a decade to approve the Bitcoin ETFs. SEC Silent on Spot Ethereum ETF Applications The probability that an Ethereum spot ETF […]

Millionaire Wallets Created by Bitcoin Rise Lower than Previous Bull Run

Bitcoin prices have soared to hit their all-time high value in the last couple of weeks. As the buying momentum in the Bitcoin market paces up, so does wallet activity. According to Bloomberg, 1,500 new wallets are hitting $1 million every day due to the Bitcoin bull run. However, the number still stands below the […]

Near Protocol Price Recovery Eyes $10 Amid Surging Open Interest

The crypto market initiated the new week with another leg up as the leading digital asset Bitcoin broke above the $70000 barrier to mark a new All-time High. The ripple also uplifted the altcoin for prolonged recovery including the Near Protocol coin. With a 17.24% intraday jump, the NEAR price breached the neckline resistance of […]