Robinhood, the commission-free trading platform, has announced that it will offer its retail customers access to all 11 spot Bitcoin ETFs that were recently approved for trading. This move comes just a day after the U.S. Securities and Exchange Commission (SEC) approved the ETFs, indicating that Robinhood was already preparing for this development.The company has […]
FTX clients have appealed to a U.S. bankruptcy judge to stop the now-defunct crypto exchange from determining the value of their cryptocurrency deposits based on 2022 prices. The clients argue that this method is preventing them from benefiting from the recent surge in crypto prices.The Official Committee of Unsecured Creditors, in support of the Debtors’ […]
Manta Network’s native Layer 2 modular blockchain, Manta Pacific, has seen a significant increase in Total Value Locked (TVL), exceeding $800 million. This represents a 65-fold increase over the last quarter. Manta Pacific was launched less than four months ago, in October 2023, with an initial TVL of $10 million. This rapid growth has established […]
Senator Elizabeth Warren has publicly criticized the Securities and Exchange Commission (SEC) for its decision to approve the spot Bitcoin ETFs. She expressed her dissent on X (formerly Twitter), stating that the SEC was “wrong on the law” and “wrong on the policy” regarding the approval. In response to the SEC’s decision, she called for […]
The Securities and Exchange Commission (SEC) has given the green light to the first spot Bitcoin exchange-traded funds (ETFs) in the United States. This move is seen by Web3 professionals as a potential boost to the nonfungible tokens (NFTs) sub-crypto ecosystem, which has been experiencing a downturn.Bill Qian, chairman of Cypher Capital, a crypto investment […]
In a historic event, Grayscale, BlackRock, and Fidelity have led the debut of Bitcoin ETFs in the U.S., marking a significant step in integrating cryptocurrency with traditional financial markets. The launch saw a record-breaking $4 billion trading volume on the first day, reflecting robust investor confidence.Senior ETF Analyst, Eric Balchunas, highlighted the extraordinary level of […]
Cathie Wood, the CEO of ARK Invest, has made waves in the cryptocurrency market by revising her Bitcoin price predictions upward. This comes in response to the SEC’s recent approval of spot ETFs. Known for her bullish stance, Wood now predicts that the digital asset could potentially reach $1.5 million by 2030, surpassing her previous […]
The recent approval of 11 Bitcoin spot exchange-traded funds (ETFs) has sparked a fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, predicts a showdown between Invesco, Fidelity, and BlackRock. The latter’s IBIT traded $7.5M shares within the first 10 minutes of its launch.Simultaneously, Everlodge, a disruptor in fractional vacation home ownership, […]
Amboise Partners, the asset manager distributing Altaroc’s private equity funds, continues its expansion with the opening of an office in Switzerland. The Swiss branch will be led by Julie Van Campenhoudt, who will be supported by Antoine Duchiron as Senior Product Specialist and Development Manager.Van Campenhoudt brings 17 years of experience in financial product sales. […]
The NEAR Foundation, the non-profit entity responsible for the NEAR protocol, has announced a significant reduction in its workforce. This strategic shift is aimed at streamlining operations and enhancing efficiency. The decision to cut 40% of its workforce, affecting 35 jobs, comes in response to feedback from the NEAR Foundation Council, which raised concerns about […]
