The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s Digital Large Cap Fund to convert into a spot exchange-traded fund (ETF) listed on NYSE Arca. The fund will track the CoinDesk 5 Index, providing diversified exposure to Bitcoin (BTC),… Read More »SEC Approves Grayscale’s Multi-Asset Spot ETF for NYSE Arca Listing
Arizona Governor Katie Hobbs has exercised her veto power on legislation proposing the establishment of a Bitcoin reserve fund, signaling a cautious stance on the state’s direct involvement in cryptocurrency investment. Hobbs vetoed HB 2324, legislation that suggested creating the… Read More »Arizona Governor Vetoes Crypto Reserve Bill, Signs Safer Unclaimed Property Alternative
The debut of an Exchange Traded Fund (ETF) integrating Solana staking rewards within the United States marks a significant leap forward for institutional crypto products. This pioneering ETF uniquely combines direct exposure to Solana’s spot price with the benefits of… Read More »U.S. Approval and Launch of Solana Staking ETF Signals Major Shift for Institutional Altcoin Investment
Ethereum (ETH) is currently trading near $2,415, exhibiting potential for a price breakout as robust network fundamentals point toward sustained demand. Currently trading within an established range, ETH finds support around $2,380 while facing significant resistance near the $2,800 level.… Read More »Ethereum Hovers Near $2,415 Amid Strong User Growth and Surging Layer 2 Activity
The U.S. Securities and Exchange Commission (SEC) is reportedly exploring the establishment of a universal regulatory framework for cryptocurrency Exchange-Traded Funds (ETFs). This initiative aims to create standardized criteria, specifically evaluating the top 50 cryptocurrencies by market capitalization, to streamline… Read More »SEC Considers Universal Standards for Cryptocurrency ETFs to Boost Institutional Adoption
The trader currently ranked first on Hyper’s profit leaderboard has executed a significant move by closing out all existing long positions held in Bitcoin (BTC). This liquidation resulted in a realized profit of $31,893, marking a substantial gain for the… Read More »Hyper’s Top Trader Secures $31K Profit With Bitcoin Long Liquidation
Abstract leads the Mindshare rankings among Korean retail investors during the pre-Token Generation Event phase, securing 16.39% investor discussion share according to data from over 900 Korean Telegram groups. Fintech project Allora follows closely in second place with an 11.89%… Read More »Abstract Tops Korean Retail Investor Mindshare Rankings Ahead of Token Launch
Twenty One Capital, led by Strike CEO Jack Mallers, has announced plans to go public, trading under the ticker XSI. The company’s core strategy involves utilizing its operational cash flow exclusively to purchase Bitcoin, aiming to accumulate approximately 420,000 BTC.… Read More »Bitcoin Accumulation Strategy Drives Twenty One Capital’s Public Listing
The U.S. Securities and Exchange Commission has granted approval for Grayscale Investments’ Digital Large Cap Fund to transform into an exchange-traded fund (ETF). This landmark decision establishes a regulated investment vehicle for institutional exposure to major digital assets, representing a… Read More »SEC Approval of Grayscale Digital Large Cap Fund ETF Accelerates Institutional Crypto Adoption
Senior ETF analyst Eric Balchunas of Bloomberg has highlighted a significant initiative by the U.S. Securities and Exchange Commission (SEC) aimed at establishing universal listing standards for cryptocurrency exchange-traded funds (ETFs). Balchunas noted that the SEC’s initiative specifically involves crafting… Read More »Analyst Cites SEC Push for Universal Crypto ETF Listing Standards as Potential Market Expander
Bitcoin demonstrates resilience near the $105,000 price level, maintaining bullish sentiment even as historical trends suggest potential headwinds for the third quarter. Market indicators present a complex picture: Bitcoin dominance remains exceptionally strong at 65.5%, while low altcoin interest reinforces… Read More »Bitcoin Holds Near $105K Despite Q3 Headwinds as Mixed Signals Define Market Sentiment
U.S. Bitcoin spot exchange-traded funds (ETFs) registered significant investor withdrawals with a total net outflow of $342.2 million in a single trading session. The Fidelity Wise Origin Bitcoin Fund (FBTC) dominated the redemptions with a net outflow of $172.7 million,… Read More »US Bitcoin Spot ETFs Face $342.2 Million Net Outflow Led by FBTC and GBTC
Dogecoin (DOGE) shows signs of regaining strength, approaching a critical resistance level at $0.16537 which analysts suggest could pave the way for significant upside movement. Having found solid support near $0.162 after a recent dip to $0.14270, Dogecoin demonstrates renewed… Read More »Dogecoin Eyes Key Breakout Above $0.165 Resistance Level
New York Attorney General Letitia James has proposed applying banking regulations to stablecoin issuers, including mandatory FDIC insurance requirements. This initiative aims to mitigate systemic risks and uphold financial system integrity by subjecting cryptocurrency firms to oversight standards equivalent to… Read More »New York AG Calls for Bank-Style Regulation of Stablecoin Issuers
The U.S. Securities and Exchange Commission has initiated a token-centric approval framework for cryptocurrency exchange-traded funds, replacing legacy 19b-4 filing procedures. The reformed process mandates a standardized 75-day review window preceding fund listings, prioritizing market capitalization thresholds and liquidity requirements… Read More »SEC Unveils Streamlined Token-Based ETF Approval Framework Focusing on Liquidity Metrics
Hyper, the current leader on the total profit leaderboard amongst major traders, has significantly reduced its exposure to Bitcoin. The entity decreased its long Bitcoin (BTC) position by approximately $7.93 million. This reduction signals a strategic shift towards heightened risk… Read More »Profit Leader Hyper Reduces Bitcoin Long Exposure Amid Market Volatility
Webus International has secured a conditional $100 million equity line from Ripple Strategy Holdings, earmarked for accelerating the adoption of XRP in cryptocurrency payments and blockchain-enabled loyalty programs. This strategic funding aims to address regulatory and market obstacles while advancing… Read More »Webus International Inks $100 Million XRP Equity Deal to Expand Crypto Payments and Loyalty Programs
Bitcoin underwent a price correction in July after former U.S. President Donald Trump announced new tariff policies, spotlighting cryptocurrency market susceptibility to geopolitical developments and notable market-player influences. The tariff implementation impacted global financial markets and amplified cryptocurrency volatility. Tokocrypto… Read More »Bitcoin Price Correction Follows Trump Tariff Announcement, Highlighting Crypto Market Sensitivity
Jump Crypto’s institutional wallet received a significant transfer of 33.1 million W tokens valued at $2.34 million originating from a previously inactive blockchain address. The transaction source, identified as ‘DURd9…BHH29′, occurred approximately eight hours before monitoring and has been linked… Read More »Jump Crypto Receives $2.34M in W Tokens from Fireblocks-Linked Dormant Address
Binance Alpha will list the emerging cryptocurrency project CROSS token on July 4, offering qualified investors exclusive early access to the asset. This move aligns with Binance Alpha’s strategy of spotlighting innovative early-stage tokens demonstrating strong community backing and fundamental… Read More »Binance Alpha to List Emerging CROSS Token for Early-Stage Investor Access