Category: Fiat

Ark Invest Buys More Coinbase as Stock Drops

Cathie Wood’s Ark Invest has expanded its Coinbase holdings, purchasing an additional $5.2 million worth of COIN shares on Thursday, as the stock fell 7.43%. The ARK Innovation ETF (ARKK) acquired 29,353 shares of Coinbase Global Inc., taking advantage of the price dip to bolster its position in the leading U.S. crypto exchange. Ark also […]

Ripple Secures Dubai License for Regulated Crypto Payments

Ripple has received regulatory approval from the Dubai Financial Services Authority (DFSA) to offer licensed crypto payments and services within the Dubai International Financial Centre (DIFC). Announced on March 13, 2025, this milestone makes Ripple the first blockchain-powered payments provider to obtain a license from the DFSA, reinforcing its expansion into the Middle East’s growing […]

Argentina Freezes $110M in Libra Memecoin Scandal

Argentine federal prosecutor Eduardo Taiano is moving to freeze over $110 million in assets linked to the Libra memecoin scandal, a case that has drawn widespread attention due to its alleged ties to President Javier Milei. The investigation revolves around Libra, a Solana-based memecoin that Milei endorsed on social media in February. His promotion sent […]

Crypto ETFs Continue Outflows, Bitcoin ETFs Shed $74M

The crypto exchange-traded fund (ETF) market kicked off the week with another round of capital outflows, as Bitcoin ETFs lost a combined $74.19 million on March 3. The decline marks yet another setback for crypto ETFs, which have experienced only one day of inflows in the past two weeks, signaling investor caution and market uncertainty. […]

MEXC Invests $36M in Ethena Labs and USDe to Drive Stablecoin

MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthetic dollar issued by Ethena Labs, as part of a broader effort to enhance stablecoin adoption. Additionally, MEXC Ventures has invested $16 million directly into Ethena Labs, reinforcing its commitment to decentralized financial infrastructure. 💰 USDe: A DeFi-Native Alternative to […]

Brazil Approves First Spot XRP ETF

Brazil has officially approved the world’s first spot XRP exchange-traded fund (ETF), taking the lead ahead of the U.S. and other major financial markets. The country’s Securities and Exchange Commission (CVM) has given Hashdex the green light for its XRP ETF, marking a significant milestone for regulated crypto investment. The fund will soon debut on […]

XRP ETF Hype Sends Price Soaring

XRP surged 7.5% on Wednesday, leading the top ten cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) acknowledged multiple XRP ETF filings. Brazil also made headlines by approving the world’s first spot XRP ETF, fueling bullish momentum. SEC Acknowledges XRP ETF Filings The ETF filings, submitted by WisdomTree and Canary Capital, have sparked optimism […]

SEC Reviews Grayscale’s Dogecoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a new crypto ETF proposal, this time for Dogecoin (DOGE)—the seminal meme token in the crypto industry. On Thursday, NYSE Arca submitted a 19b-4 filing to list shares of the Grayscale Dogecoin Trust, outlining plans to convert the fund into an exchange-traded product (ETP) that […]