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Bitbot anticipates Bitcoin ETF developments will produce gains


Bitbot, an AI-integrated platform, has expressed confidence in the crypto market’s ongoing upswing. It has stated that its tools are now more likely to generate profits for consumers, provided that they are deployed and utilized effectively. This is related to the AI Gem Scanner and...

Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show


According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF.  The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews

Israel to Launch Digital Shekel Test for Payment


The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...

Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions


Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...

BlackRock’s $20B ETF becomes top global Bitcoin fund


In the most recent advancement in the realm of Cryptocurrency investments, the iShares Bitcoin Trust has emerged as the most significant Bitcoin fund, surpassing the earlier market leader Grayscale Bitcoin Trust. By Tuesday, the iShares fund had $1968 billion in assets, slightly outpacing Grayscale...

NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products


The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk...

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