Despite the recent approval of several spot Bitcoin ETFs, the launch of a spot Ripple exchange-traded fund (ETF) this year is unlikely, according to Bloomberg’s ETF analyst James Seyffart. In an interview with Thinking Crypto, Seyffart expressed his views on the potential arrival of a spot Ripple ETF in 2024, citing regulatory challenges as the […]
Samson Mow, CEO of JAN3, has stirred the cryptocurrency community with his statement on X, equating Ethereum to the collapsed crypto exchange FTX. This claim was linked to a tweet by on-chain investigator “TruthLabs” (@BoringSleuth), which has further intensified the debate.TruthLabs’ tweet reveals a concerning connection between a founding Ethereum developer and the infamous “Blockchain […]
BlackRock CEO Larry Fink has expressed optimism about the company’s plan to launch a spot Ethereum ETF in the United States. This comes after the successful debut of the company’s new spot Bitcoin ETF product, IBIT. Fink sees value in the move, stating that these are stepping stones towards tokenization.On Thursday, the trading volume of […]
ZetaChain is gearing up for a significant year, introducing its vision for 1.0, which includes a roadmap, token utility, ZetaHub, and the state of the ecosystem. The mission of ZetaChain is to serve as a platform for universal access, simplicity, and utility across any blockchain. It aims to counter the fragmentation and centralization that often […]
Ki Young Ju, the founder and CEO of on-chain analytics platform CryptoQuant, has stated that financial institutions in the United States have a preference for Circle’s USD Coin (USDC) over Tether’s USDT. According to Ju, these firms are not entirely comfortable with USDT and would rather see global crypto users carry out their stablecoin transactions […]
Bitcoin miner Hut 8 has successfully expanded its borrowing capacity with Coinbase, a United States-based cryptocurrency exchange, to $65 million. This comes as a result of an additional $15 million secured from a Coinbase subsidiary, as stated on January 12. This new deal is an amendment and restatement of Hut 8’s previous $50 million credit […]
The Financial Services Commission (FSC), South Korea’s main financial regulator, has issued a warning to local firms about brokering spot Bitcoin exchange-traded funds (ETFs) from the United States. The FSC’s statement, released on January 12, highlighted that such activities could potentially contravene the government’s current position on virtual assets and the Capital Markets Act.Despite this, […]
European cryptocurrency investment firm CoinShares is moving forward with a potential acquisition of its United States competitor, Valkyrie Funds. Valkyrie is an issuer of a spot Bitcoin exchange-traded fund (ETF) in the U.S. CoinShares confirmed on Jan. 12 its strategic option to acquire Valkyrie, a move that bolsters its efforts to penetrate the U.S. market.A […]
US financial giant Morgan Stanley is setting the tone by reducing bonuses for investment bankers by up to 15% following a challenging year for M&A. Wage specialists anticipate even greater declines at other financial institutions. The corporate reporting season on Wall Street has already begun. On Friday, US banking giants J.P. Morgan, Citigroup, Bank of […]
BlackRock, the world’s largest asset manager, has expressed support for an Ethereum ETF. CEO Larry Fink made these comments a day after the company’s Bitcoin ETF started trading. In a CNBC interview, Fink endorsed the idea of an Ethereum investment product for mainstream investors. He sees the value in an Ethereum ETF and believes these […]
