Ripple’s IPO Speculation: Could XRP Reach $10?

Ripple (XRP) recently won a legal battle against the US Securities and Exchange Commission (SEC), which has caused a surge in the cryptocurrency’s market position and trading volume. This has led to speculation that Ripple may soon launch an Initial Public Offering (IPO) and that its stock could reach a valuation of $107 billion, similar […]

VanEck Launches Ethereum ETF Marketing Campaign Ahead of Expected October Launch

VanEck has released two TV commercials to promote its upcoming Ethereum Strategy ETF, tickered EFUT, which is expected to be listed on the Chicago Board Options Exchange and managed by Greg Krezner. Bloomberg ETF analysts Eric Balchunas and James Seyffart believe the ads could mean the ETF is launching sooner than expected, with Seyffart expecting […]

VanEck to Launch Ethereum Futures ETF on CME Ahead of US Shutdown

VanEck, a prominent investment manager, has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). This news comes shortly after the US Securities and Exchange Commission (SEC) announced its intention to fast-track the approval of some Ether futures ETF applications ahead of a potential US government shutdown. The ETF, named the VanEck Ethereum Strategy […]

Alibaba Moves Into Digital Wallets, Chinese Worker Fined $145K for VPN Use, Hangzhou Airdrops 10M E-CNY, 15 Detained Over Hong Kong Ponzi Scheme, CoinEx Resilient After $70M Hack

An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. Chinese law prohibits the use of VPNs to bypass the country’s “Great Firewall” that blocks popular sites such as Google, Wikipedia, and […]