Fidelity Intl Launches Bitcoin ETP to London Stock Exchange


Fidelity International has announced the listing of its physical Bitcoin exchange-traded product (ETP) on the London Stock Exchange. According to the details from the press release, this development opens the door for professional investors in the UK to gain direct exposure to Bitcoin through...

Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In


On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million....

Ripple CEO Slams SEC on ‘Hypocrisy’ & Confusing Regulations


Ripple has been in and out of the doghouse multiple times due to the SEC’s breakdown on crypto, but it has always come back stronger. Brad Garlinghouse, Ripple’s CEO, has highlighted the need for clear, consistent policies to enable the crypto industry’s growth and creativity, citing...

Possible $600m XRP Token Unlock in August Cause Ripple Surge


Ripple is possibly one of the most adored crypto due to its long-standing battle with the SEC. XRP has a strong community and has gained 8% in the last 24 hours, beating Bitcoin’s and Ethereum’s market stability. Ripple traders foresee an end to the legal dispute between the United States...

Grayscale’s Mini Bitcoin Trust Begins Trading on NYSE Arca


The mini version of Grayscale Bitcoin Trust (GBTC) launched by Grayscale Investment was listed on NYSE Arca on Wednesday. The U.S. Securities and Exchange Commission (SEC) gave the product the go-ahead last week, and it hit the market at 4 a.m. ET on Friday. This new product provides investors with...

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022


The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle...

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