DTCC rules out collateral for Bitcoin-linked ETFs
27.4.2024
This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
27.4.2024
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half of the institutional investors surveyed were...
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
27.4.2024
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
27.4.2024
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that...
DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing
27.4.2024
The U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
27.4.2024
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred...
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
27.4.2024
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held...
Republic First Bank closed by US regulators — crypto community reacts
27.4.2024
Republic First Bank's 32 branches across the United States will reportedly reopen under Fulton Bank starting next week
Stablecoins Gain Ground as Global Financial Asset
27.4.2024
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in...
Terra LUNA Classic Price Prediction as Community Revises Burn Tax – Can LUNC Reach $100?
27.4.2024
The Terra LUNA Classic (LUNC) price has failed to push to the north of its 21DMA and is reversing lower, despite the community revising the token’s burn tax.
The post Terra LUNA Classic Price Prediction as Community Revises Burn Tax – Can LUNC Reach $100? appeared first on Cryptonews
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
27.4.2024
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily...
New AI Meme Coin ICO WienerAI Laps Up $350,000
27.4.2024
Thursday, April 25, 2024 – An enigmatic new presale for crypto’s latest canine sensation, AI meme coin WienerAI ($WAI), has already attracted over $350,000 in its first fortnight, as investors pile in for a tokenized piece of Ethereum’s new cybernetic sausage dog. WienerAI recalls another...