Category: Fiat

Bitcoin ETFs Regain Investor Favor

Bitcoin exchange-traded funds (ETFs) are witnessing a notable surge in investments. For three consecutive days, inflows have exceeded the $100 million mark, marking a renewed investor confidence in these innovative financial products. According to data from BitMEX Research, this week saw a dramatic increase in capital inflow into Bitcoin ETFs, culminating in a remarkable $183 […]

Ethereum ETF Race Heats Up

Bitwise has officially thrown its hat into the ring with the Securities and Exchange Commission (SEC) to launch a spot Ethereum ETF, marking a significant step towards broadening access to Ethereum for traditional investors. This move positions Bitwise amidst a competitive landscape alongside financial titans like BlackRock, Grayscale, and VanEck, all of whom share the […]

Hashdex ETF Shifts to Spot Bitcoin

Crypto asset manager Hashdex has made a strategic pivot in its Bitcoin Futures ETF, marking a significant shift towards direct Bitcoin holding—a move that aligns with the growing demand for cryptocurrency investments. Renamed the Hashdex Bitcoin ETF and retaining its ticker DEFI on the NYSE Arca, this transition not only reflects an evolved investment strategy […]

CommEX Shuts Down: A Post-Binance Era

CommEX, the entity that took over Binance‘s former Russian operations, has announced a comprehensive cessation of its website services scheduled for May 10, as per a detailed blog post released on Monday. This decision marks a significant closure, reflecting the volatile dynamics within the cryptocurrency exchange landscape, particularly in the Russian market. CommEX’s strategic manoeuvre […]

Push for Bitcoin ETFs in the UK

Kraken UK’s Managing Director, Bivu Das, made a compelling case for the introduction of Bitcoin ETFs (Exchange-Traded Funds) in the United Kingdom. With the crypto landscape evolving rapidly, Das suggests that the time has come for the UK to reassess its stance on these financial products, especially given the changes since their restriction in 2021. […]

ARK Invest Dials Back on Coinbase

Tech investment powerhouse ARK Invest, led by the visionary Cathie Wood, has notably reduced its stake in Coinbase, selling off nearly $52 million worth of the cryptocurrency exchange’s stock. This move is part of a broader selling trend, with ARK having previously divested almost $96 million in COIN stock earlier this month. The sales were […]

BlackRock’s Bold Move: Launching ‘BUIDL’ Fund

BlackRock, the global investment powerhouse, has finally disclosed its much-anticipated venture into the world of tokenized assets. Named ‘BUIDL’, this groundbreaking fund is to be anchored on the Ethereum network, marking the firm’s inaugural foray into tokenized funds on a public blockchain. This move not only underscores the growing integration of traditional finance with blockchain […]

Core Venture Network: Bolstering Global Web3 Development

The digital landscape is on the cusp of a transformation with the announcement of the Core Venture Network (CVN) by the Core Foundation. This initiative heralds a significant push towards fostering innovation within the Core Chain ecosystem, a platform that marries the security prowess of Bitcoin with the flexibility and compatibility of the Ethereum Virtual […]