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Bulls March On: Bitcoin and Ether ETFs Add More Than $420 Million Combined


Bitcoin ETFs extended their winning streak to nine straight days, raking in $385 million even as some major funds posted outflows. Ether ETFs kept pace with their sixth consecutive inflow day, adding $38.77 million. Bitcoin ETFs Defy Holiday Lull With $385 Million Inflow, Ether Funds Extend Streak...

SEC delays decision on Ether staking and XRP ETFs, as analysts expected


The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected.The SEC said on May 20 that it needed to extend its decision on Bitwise’s...

SEC delays decision on Ether staking and XRP ETFs, as analysts expected


The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected.The SEC said on May 20 that it needed to extend its decision on Bitwise’s...

The crypto market values chains more than standalone applications


Opinion by: Hatu Sheikh, founder of Coin TerminalAlthough blockchains and DApps are critical, crypto industry stakeholders often prioritize applications based on adoption principles and revenue distribution. DApps won't function without their underlying chains. The markets must uphold blockchains...

Senate stablecoin vote splits Democrats amid concerns over corruption


US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor.On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill up for debate on the Senate floor. Some of the same...

Robinhood proposes SEC rules for tokenized real-world assets


Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs).The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their...

Kraken expands in Europe with regulated crypto derivatives


Cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union’s Markets in Financial Instruments Directive (MiFID II).According to a May 20 announcement, Kraken’s perpetual and fixed maturity crypto futures contracts will...

Circle co-founder to create ‘AI-native’ bank after $18M raise


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...

German gov’t missed out on $2.3B profit after selling Bitcoin at $57K


The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham.A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at...

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