Day: June 21, 2024

Australia Embraces Bitcoin ETFs with ASX’s Latest Listing

Australia’s investment landscape took a significant leap forward with the listing of its first spot-bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) this Thursday. The launch of the VanEck Bitcoin ETF (VBTC) marks a notable advancement in the country’s crypto investment options, as ASX dominates about 90% of Australia’s equity market. VBTC […]

CertiK in Hot Water Over Crypto Mixer Transactions

In a recent unfolding within the crypto community, blockchain security firm CertiK has come under scrutiny after reportedly transferring funds to a blacklisted crypto mixer, Tornado Cash, following a white-hat hack on Kraken. The situation has escalated into a legal and ethical quandary that challenges the boundaries of cybersecurity practices in the crypto realm. CertiK, […]

Bitwise Launches Ethereum ETF Ad Campaign

The promotional gears for cryptocurrency ETFs are turning faster with Bitwise’s launch of a national TV advertisement emphasizing the advantages of the Ethereum network. The ad, which aired on Thursday, contrasts the traditional stock market’s limited hours to Ethereum’s continuous availability, encapsulating the message: “Unlike Big Finance, Ethereum doesn’t clock out at 4pm.” This 40-second […]

Canada Proposes First North American Solana ETF

The landscape of cryptocurrency investment is poised for further expansion with the recent proposal for a Solana ETF in Canada. 3iQ, a prominent Canadian investment fund manager, has filed to launch The Solana Fund (QSOL), marking it as potentially the first Solana exchange-traded product in North America. This announcement comes on the heels of the […]

Ethereum’s Market Dynamics and Emerging ETF Interest

Ethereum has recently seen a 3% decline, bringing its value to $3,480. This slip is part of a broader trend observed by analysts at Wintermute, who described the cryptocurrency as being range-bound between $3,200 and $3,400. This price range has become crucial for traders utilizing the Iron Condor strategy in derivatives trading—a tactic that profits […]

Bitcoin Dips Amid German Asset Dump

Bitcoin experienced a notable drop on Friday morning, shedding about 3.5% of its value in the last 24 hours, bringing it down to approximately $64,700. This decline is part of a larger trend that has seen the cryptocurrency lose nearly 9% over the past two weeks, with fears of volatility intensifying. The recent downturn in […]

Ripple Labs CEO Faces New Legal Challenge

Ripple Labs, the innovative blockchain company known for its development of the XRP token, finds itself embroiled in fresh legal turmoil. A civil securities lawsuit targeting CEO Brad Garlinghouse has been approved to proceed to trial by a California federal court, spotlighting allegations of misleading conduct back in 2017. At the core of this legal […]

Team Liquid Launches $20K Crypto Esports Series

Team Liquid, a powerhouse in the esports arena, is set to revolutionize the industry this summer. In collaboration with Community Gaming, they are introducing a $20,000 tournament series, leveraging the precision and speed of cryptocurrency for prize distributions. This partnership marks a significant milestone, especially with the integration of USDC, a stablecoin that mirrors the […]