The recent launch of spot Bitcoin ETFs in early January 2024 marked a significant milestone for the cryptocurrency industry. In an astonishing turn of events, these ETFs have amassed $55 billion in assets. Additionally, they registered a trading volume 100% larger than anticipated. This unprecedented success has drawn the attention of industry analysts and investors […]

Thailand’s crypto investment landscape is witnessing a significant shift as the Securities and Exchange Commission (SEC) greenlights private funds for U.S. Spot Bitcoin exchange-traded funds (ETFs). However, this move comes with a condition that only institutional investors and ultra-high-net-worth individuals can take part in these investments. Notably, this decision marks a crucial development in Thailand’s […]

Solana, a competitor to Ethereum’s Layer-1 network, has demonstrated resilience by gaining an additional 10% in the last 24 hours. Currently, the Solana (SOL) price stands at $151, marking a 7.5% increase, with a market capitalization of $66.6 billion. Should the bullish momentum persist and SOL maintain a position above $150, there’s potential for a […]

With the stellar demand for spot Bitcoin ETFs within the first two months of launch, market analysts are hoping for a similar approval of spot Ethereum ETF. Top industry players like BlackRock and Fidelity have been flexing their muscles to get a spot Ether ETF in the market, however, the overall optimism surrounding this seems […]

Travis Hill, the Vice Chair of the Federal Deposit Insurance Corporation (FDIC), has aired a lot of criticism concerning the Securities and Exchange Commission’s (SEC) crypto accounting guidelines. He gave his comments during a speech at an event organized by the Mercatus Center, dedicated to the subject of tokenization. The critique is based upon the […]

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 […]

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’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 […]

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 […]

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, […]