The United States Securities and Exchange Commission (SEC) has delayed an application for a Bitcoin exchange-traded fund (ETF) from global asset manager BlackRock. The asset manager, which has 8.5 trillion of assets on its books, has had its iShares Bitcoin Trust delayed. The ETF was aimed at offering investors access to Bitcoin markets without having […]
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on proposed rule changes related to spot Bitcoin ETFs until October. The decisions on the Cboe BZX Exchange proposals will be delayed until October 17, while the decision on the Valkyrie proposal will be delayed until October 19.The latest round of proposed rule changes is […]
The US Securities and Exchange Commission (SEC) has announced a delay in the review process for WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) application, a move widely anticipated by industry experts. This delay is part of a series of postponements affecting multiple ETF applications, including those submitted by Invesco and Galaxy Digital, and even Valkyrie […]
The XDC Network is currently in the red zone, following the bearish outlook of the broader crypto market. Its price has dropped by 4% in the last 24 hours, and if this trend continues, it could reach the $0.05 mark.Technical indicators suggest that XDC could witness a bullish recovery around the support at $0.059. The […]
Maker (MKR) price has seen an impressive surge over the past 24 hours, breaking above a price level that had been constraining bulls since the broader market downturn in mid-August. MKR pushed to highs of $1,186 before it began to pare the gains as sellers swooped in amid profit taking deals.On-chain data shows that accumulation […]
Ripple (XRP) holders have the opportunity to earn passive income through the upcoming XRP Ledger (XRPL) Automated Market Maker (AMM). By becoming Liquidity Providers (LPs) and contributing to liquidity pools, XRP holders can benefit from the trading fees generated by these pools.Panos Mekras, a Financial Consultant and the Founder of DigitalGen, has highlighted the potential […]
Binance, the leading crypto exchange, has launched ColLabs, an invite-only Web3 investment and financing community. The program is designed to bring together founders, builders and investors, and to become the knowledge exchange hub for the Web3 venture capital community. Members will have access to exclusive content, select curricula from Binance Labs’ incubation programs, and deal-sourcing […]
Giddy, a company that facilitates straightforward fiat-to-crypto transactions and token swaps, has recently announced its integration with the Ethereum Mainnet. This follows its initial association with the Polygon network, and marks its objective to span multiple blockchain networks. The Ethereum Mainnet support provides many utilities, such as enabling users to engage with a wide spectrum […]
Robinhood, a US-based investing and trading platform giant, has been identified as the owner of the fifth largest Ethereum (ETH) wallet address. Data from Arkham Intelligence shows that the company’s cold wallet address holds 1,493,000 ETH worth $2.54 billion. This makes Robinhood the fifth largest holder of the token behind major crypto exchanges Kraken and […]
Coinbase announced on Aug. 30 that it will soon add support for PayPal’s stablecoin, PYUSD, on the Ethereum network as an ERC-20 token. Trading is expected to begin on or after 9:00 AM PST on Aug. 31, assuming liquidity conditions are met. PYUSD was initially launched by PayPal on Aug. 7 and is now supported […]
