Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
22.6.2024
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than...
Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency
22.6.2024
Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The defendants, part of the cybercrime group “FIN9,” allegedly hacked U.S. companies from May 2018 to October 2021, stealing non-public information, employee...
Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing
22.6.2024
Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform Labs, purchasing 750,000 luna coins at 10 cents...
Bitcoin dips below short-term holder realized price, sparking $60K fears
22.6.2024
Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a further correction toward $60,000 might be on the horizon
Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’
22.6.2024
Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government agencies, as well as the U.S. Securities and Exchange...
Ripple Clarifies XRP Is Not a Security After New Court Ruling
22.6.2024
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...
Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure
22.6.2024
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its shares at a “comparative...
Asset managers update proposals for Ether ETFs, eyeing July launch
21.6.2024
Ether ETFs are expected to launch in the first week of July, according to analysts
Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers
21.6.2024
Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers
Blockchain Association objects to IRS broker rule in letter
21.6.2024
The Washington DC-based blockchain advocacy group argued the IRS' broker rule provisions violate the Paperwork Reduction Act
Apple holds back AI releases in EU due to Digital Markets rules
21.6.2024
Hundreds of millions of people will be denied access to new Apple features
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
21.6.2024
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices