Day: June 28, 2024

21Shares Sparks ETF Buzz with New Solana Proposal

21Shares has officially thrown its hat into the ring with a new filing to the United States Securities and Exchange Commission (SEC) for the launch of the 21Shares Core Solana ETF. This move closely follows VanEck’s initiative to introduce a similar Solana-based spot ETF, signaling a growing institutional appetite for Solana (SOL) among leading financial […]

Regulatory Rumble: SEC Targets Consensys

In a dramatic escalation of regulatory scrutiny within the cryptocurrency sector, the United States Securities and Exchange Commission (SEC) has launched a lawsuit against Ethereum software giant, Consensys. The SEC’s complaint, filed on Friday, accuses Consensys of operating as an unregistered broker through its MetaMask Swaps service and collecting over $250 million in fees through […]

T-Rex Group’s Spicy Bitcoin ETFs Set to Ignite TradFi

Investors looking for a thrilling ride in the financial markets might soon have just the ticket, as the T-Rex Group has thrown its hat into the ring with a filing for several MicroStrategy ETFs. These new offerings are not just your standard fare; they’re designed to give investors leveraged exposure to Bitcoin’s price movements through […]

CORE ETP Debuts: Revolutionizing Bitcoin Staking

In a landmark move for cryptocurrency investment, the first exchange-traded product (ETP) for CORE, the native token of the Bitcoin-powered Core blockchain, is set to launch on Sweden’s Spotlight Stock Exchange. This initiative, spearheaded by Toronto-based Valour, aims to bridge the gap between traditional finance and digital assets, offering conventional investors a direct pathway to […]

Crypto Clash: Kraken’s Powell Overshoots Donation Cap in Political Pivot

In a move echoing the Winklevoss twins’ recent faux pas, Jesse Powell, co-founder of the cryptocurrency exchange Kraken, has reportedly donated a whopping $1 million to Donald Trump’s election campaign, overshooting the legal limit for individual contributions which stands at $844,600. This hefty donation, primarily in ether, may see a significant portion returned, much like […]

Nigeria’s $400M Crypto Rollercoaster: Thrills, Spills, and Regulatory Chills

Nigeria’s cryptocurrency scene is currently valued at a whopping $400 million, signaling a burgeoning market amidst challenging regulatory dynamics. This announcement came from Emomotimi Agama, the chief of Nigeria’s Securities and Exchange Commission (SEC), during a press conference where he projected further growth in crypto trade volumes despite recent stringent measures against exchanges. The nation […]

Mystery Bitcoin Whale Cashes Out $61 Million, Signaling Market Shift

A mystery Bitcoin whale has made headlines by transferring 1,000 BTC—valued at a staggering $61 million—to Coinbase, marking a potentially significant shift in their investment strategy. This activity, first detected by Arkham Intelligence, points to the whale preparing to cash out after nearly six years of holding the coins. Originally acquired in August 2018 when […]

Cannes Lions 2023: Unveiling the Fusion of Tech and Creativity

Every summer, the luminaries of advertising, marketing, and media converge on the French Riviera for the Cannes Lions International Festival of Creativity. Amid the bustling scene of awards, networking, and insightful discussions, this year’s festival was marked by a notable presence from Decrypt and Rug Radio in collaboration with Partouche Multiverse and NFT collection Joker […]