BlackRock, the renowned asset management giant, is on the brink of a significant breakthrough in the cryptocurrency market. The company is eagerly awaiting the Securities and Exchange Commission’s (SEC) approval for its Bitcoin cash Exchange-Traded Fund (ETF). This development could potentially revolutionize the crypto market, allowing investors to directly engage with the daily price fluctuations […]
BlackRock, the renowned asset management giant, is on the brink of a significant breakthrough in the cryptocurrency market. The company is eagerly awaiting the Securities and Exchange Commission’s (SEC) approval for its Bitcoin cash Exchange-Traded Fund (ETF). This development could potentially revolutionize the crypto market, especially at a time when BlackRock is also planning to […]
Grayscale, a leading asset manager, has announced a rebalancing of weights for three of its crypto funds. This move has led to the removal of certain tokens such as Polygon MATIC, while others like Avalanche AVAX and XRP XRP have been added. The announcement was made on January 5.The revised allocations are part of Grayscale’s […]
DCG, a prominent player in the financial sector, has successfully completed the repayment of a substantial $700 million debt to Genesis. This significant financial move is part of DCG’s larger strategy to clear over $1 billion in debt owed to various creditors. The ambitious plan aims to achieve this within a span of just over […]
A court hearing has been scheduled for January 11 in the ongoing legal dispute between Ripple and a group of XRP investors. The case, led by Vladi Zakinov, accuses Ripple of selling XRP as an unregistered security. The outcome of this case could set a significant precedent for the crypto industry and potentially lead to […]
Marathon Digital Holdings has reported its highest monthly Bitcoin mining output ever, successfully mining 1,853 BTC in December. Over the course of the last year, the company mined 12,852 BTC, valued at over $563.4 million, which is more than triple its production of 4,144 BTC in 2022. The Bitcoin miner also increased its average operational […]
Celsius Network, a crypto firm that filed for Chapter 11 bankruptcy protection in the United States during the winter of 2022, is nearing the end of its restructuring plan. The company, which had lent out over $8 billion and had around 1.7 million customers at the time of its bankruptcy, sent shockwaves through the cryptocurrency […]
The cryptocurrency lender Celsius Network, currently in bankruptcy, has revealed its plan to unstake a significant amount of its ethereum holdings. This action is part of the company’s ongoing restructuring efforts and is aimed at facilitating asset distribution to its creditors.The decision to unstake ethereum is part of a broader strategy to manage the company’s […]
Keet io, a technology based on “Holepunch,” is set to revolutionize the creation of distributed networks. By eliminating single points of failure, it gives individuals ownership over their data and communications. This is a significant shift in the face of growing concerns about data harvesting and censorship of centralized services. Keet io is launching a […]
Matthew Sigel, the Head of Research at VanEck, has hinted that BlackRock’s Spot Bitcoin ETF could see a record-breaking amount of inflows upon its launch. This comes as an approval order by the Securities and Exchange Commission (SEC) appears to be imminent.Sigel, speaking on an X (formerly Twitter) space hosted by The Block, mentioned that […]
