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Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach


The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that...

Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds


The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...

Shiba Inu Holders Shift Funds to This New Bitcoin ICO, Chasing 1,000% Gains


As the Shiba Inu (SHIB) price pulls lower from earlier session highs, traders are shifting funds to a new Bitcoin ICO called 99Bitcoins (99BTC) as they chase 1,000% potential gains. The post Shiba Inu Holders Shift Funds to This New Bitcoin ICO, Chasing 1,000% Gains appeared first on Cryptonews

Two BlackRock funds purchase shares in its IBIT spot Bitcoin ETFs


According to the information that was made public by the SEC, two funds that are managed by BlackRock have acquired shares within the company’s spot bitcoin exchange-traded fund, which is known as IBIT. The two companies involved are big-time players in Wall Street, one being BlackRock...

Pepe Holders Ditch for This Hot New Solana ICO, Chasing 1000% Gains


An explosive ETF-fuelled rally by popular meme coin Pepe ($PEPE) appears to be rapidly losing momentum. Pepe blew up 46% over the last seven days in a rally partly driven by news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Pepe’s native...

Bernstein Predicts Crypto Arms Race Among Asset Managers


Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected...

Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge


After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds. The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews

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