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Canary Capital Files SEC Registration for XRP ETF
8.10.2024
Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly...
ETH users stake 28.9% of supply, signal ‘long-term’ confidence
8.10.2024
Onchain data provider IntoTheBlock said that 28.9% of all Ether has been staked
ETH users stake 28.9% of supply, signals ‘long-term’ confidence
8.10.2024
Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked
Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say
8.10.2024
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However...
Metaplanet Boosts Bitcoin Holdings With $6.7 Million Investment
8.10.2024
Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition...
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
8.10.2024
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find...
National Bank of Bahrain rolls out its first Bitcoin investment fund
7.10.2024
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside
National Bank of Bahrain Rolls Out Bitcoin Investment Fund
7.10.2024
The National Bank of Bahrain (NBB) has launched a new structured investment product tied to Bitcoin (BTC). It…
Crypto investment products see $147M outflows after 3-week inflow streak
7.10.2024
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks
FBI Warns of Ichcoin Targeting American Crypto Investors
5.10.2024
The Federal Bureau of Investigation (FBI) has issued a warning about Ichcoin, a fraudulent cryptocurrency platform that is deceiving investors across the U.S. by luring them in through social media, then tricking them into wiring large sums of money. Victims are led to believe their investments...
Vietnam police bust crypto scam ring linked to offshore actors
4.10.2024
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims
Man turns $88K into $415M with Tesla, then sues after losing it all
4.10.2024
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader
Grayscale launches Aave investment fund
3.10.2024
The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.
Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill
3.10.2024
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest...
Bitwise Seeks SEC Approval to Launch Spot XRP ETF
3.10.2024
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many...
The Rise of Index Investing in Crypto
2.10.2024
Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing, says Julien Vallet, CEO, Finst
Fidelity Ethereum ETF records largest daily outflows since launch
2.10.2024
The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest daily record among US-based spot Ether ETFs, excluding Grayscale
Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice
2.10.2024
Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it...
Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
1.10.2024
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets...
Ohio to consider accepting crypto for tax payments and fees
30.9.2024
They tried once in 2018, but the State Board of Deposits "failed" to show any enthusiasm