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ARK Invest and 21Shares Outline Cash Processes in New Ethereum ETF Bid
8.2.2024
Ark Invest and 12Shares have refiled their joint application for a spot market Ethereum ETF to address cash creation and redemption. The amendments bring it in line with spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission, according to Bloomberg ETF analyst Eric...
Pandora’s ERC-404 Standard Grabs Crypto World’s Attention + More NFT News
8.2.2024
The non-fungible token (NFT) market has seen a significant recovery over the past day. The sales volume is up 31% to $42,969,376. Meanwhile, buyers are down less than 1%, sellers 15% and transactions 8%. All top 10 collections by sales volume have seen an increase in the last 24 hours,...
Blackrock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan
8.2.2024
GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said
Spot Bitcoin ETFs See Over $1 Billion in Daily Trading Volume, BlackRock’s IBIT Outshines
8.2.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have seen their total daily trading volume exceed $1 billion on Wednesday, with BlackRock emerging as the top performer. In a recent post on X, Bloomberg Intelligence analyst James Seyffart highlighted the standout performance of BlackRock’s...
Disney Invests $1.5 Billion in Epic Games to Create New Virtual World tied to Fortnite
8.2.2024
Entertainment giant Disney and video game developer Epic Games have joined forces to build a new immersive virtual universe tied to Fortnite. In a recent press release, Disney said it also plans to invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project. While...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
8.2.2024
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed...
Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase
7.2.2024
Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. According to the report, consumers could have collectively saved a minimum...
DeFi Shouldn't Have to Worry About the SEC’s Expanded Broker Rule
7.2.2024
Cathie Wood Says Investors Are Ditching Gold For Bitcoin
7.2.2024
Ark Invest CEO Cathie Wood believes Bitcoin (BTC) is beginning to replace gold on the investment stage as the precious metal loses popularity over time. In a video presentation published by Ark on Sunday, Wood demonstrated how commodities at large have failed to provide a reliable hedge against...
COPA Trial: Craig Wright Claims Documents Were Forged, Lawyers Cross-Examine
7.2.2024
The ongoing legal issues between Bitcoin Satoshi Vision (BSV) founder Craig Wright and Bitcoin developers have turned even more sour. According to a February 4 court filing by the Crypto Open Patent Alliance (COPA) legal team, several documents Wright submitted as evidence of his ownership of...
Breakout Crypto eTukTuk Shatters Expectations with $800,000 ICO – The Ultimate Green Coin?
7.2.2024
  Breakout crypto eTukTuk token’s presale is surging, having just broken above $800,000 in funds raised. Investors have been piling into the sustainable transportation-focused web3 start-ups presale ahead of an imminent price rise. $TUK tokens are currently available at a price of $0.02625....
Determining Better Bitcoin Stock: Riot Platforms or MicroStrategy?
7.2.2024
  Representing two different ways to invest in Bitcoin (BTC), MicroStrategy (MSTR) and Riot Platforms (RIOT) have skyrocketed this year, mirroring Bitcoin’s price. For reference, the software company MicroStrategy has gained notoriety over the last three years for amassing Bitcoin. Riot...
This Meme Coin Just Shot Up 450x After Solana’s Restart and Another Crypto Could Pump Soon
7.2.2024
After a seismic DEX launch, this new Solana meme coin has seen its price explode 450x as traders flock to TurboMoon. Discover more in this TMOON price analysis and find out if another crypto could pump next. Indeed, this price pump comes as recent months have seen a huge trend in explosive moves...
India’s WazirX, Zebpay CEOs Collaborate to Debut New Crypto Venture
7.2.2024
Indian crypto veterans Nischal Shetty and Avinash Shekhar have launched their new crypto-INR perpetual futures exchange dubbed ‘Pi42.’ WazirX founder Shetty and erstwhile CEO of Zebpay Shakhar said that the new venture would be one of the most legally compliant exchanges in India. The exchange...
South Korea Imposes Stricter Punishments For Crypto Trading Offenses
7.2.2024
South Korea’s financial regulators have slated July 19 for the implementation of the Virtual Asset User Protection Act and the Virtual Asset Industry Supervision Regulations. According to local media outlets, The Financial Service Commission (FSC) disclosed on Feb 7 the date for both regulations...
MetaMask Partners with Robinhood to Simplify Crypto Transactions
7.2.2024
MetaMask has collaborated with Robinhood to enable direct crypto purchases for users, according to a press release shared with Cryptonews on Feb.7. MetaMask’s developer Consensys and Robinhood Markets, Inc. have jointly facilitated the integration of Robinhood Connect with the MetaMask wallet. This...
Solana Back Online After 5-Hour Service Disruption
7.2.2024
Operations on the Solana network have resumed following a minor disruption on Tuesday. Commencing at 09:53 UTC, the outage persisted for some 5 hours. The Solana team said it is investigating the root cause and will soon share its report on the matter. Block production on Solana mainnet beta...
Revolutionary eTukTuk Token Pre-Sale Skyrockets, Crossing $800,000 – Is This The Best New Crypto on the Market?
6.2.2024
Revolutionary green crypto eTukTuk token’s presale is skyrocketing, having just crossed $800,000 in funds raised. Investors have been piling into the sustainable transportation-focused web3 start-ups presale ahead of an imminent price rise. $TUK tokens are currently available at a price...
Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays
6.2.2024
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue...
Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans
6.2.2024
Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...