Financial giant Vanguard’s steadfast refusal to embrace cryptocurrencies, even in the wake of the SEC’s approval of Bitcoin ETFs, has sent ripples through the investment community. This decision has been met with strong criticism from industry leaders such as Ark Invest’s Cathie Wood, sparking a significant debate about the future of traditional finance in the […]
The FTX debtors have filed to repay creditors in the same value as the time of the exchange’s collapse, potentially denying them the significant gains made in 2023. The troubled crypto exchange is nearing the final stages of a restructuring process that promises an imminent relaunch and full repayment to creditors and customers.Distressed FTX customers […]
Google has taken down several offshore cryptocurrency exchanges from its Play Store in India, including Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC. This action comes after the same applications were delisted from India’s Apple App Store. The Indian government’s noncompliance notice prompted this removal, rendering these apps inaccessible to new users in the country.The […]
BONK, a relatively new entrant in the meme coin market, has introduced an innovative tool called ‘PooperScooper’ to revolutionize asset management. This tool is designed to simplify user interactions and asset management within its ecosystem, marking a significant milestone in meme coin utility and user convenience.‘PooperScooper’ is an efficient tool for managing digital assets. It […]
Elon Musk, the world’s richest man, has revealed that Dogecoin (DOGE), the leading meme coin, will be accepted as a form of payment for one of his upcoming projects. This announcement has sparked excitement within the Dogecoin community, as it signifies a new use case for the cryptocurrency.The project in question is Tesla’s supercharging station […]
Grayscale’s DeFi Fund has undergone changes, including the removal of the Curve DAO (CRV) token from its portfolio. In other news, Bitcoin miner Core Scientific has successfully closed a $55 million equity financing round, marking its return to solvency. The company’s CEO, Adam Sullivan, stated that the funds raised, along with the full repayment of […]
Social media platform X, under the leadership of billionaire Elon Musk, has announced its plans for 2024, which include the implementation of long-awaited payment features. This announcement has led to a surge in Dogecoin (DOGE) prices. The platform’s achievements in 2023 included the launch of an AI-powered search assistant named Grok and an ad revenue-sharing […]
Blackrock CEO Larry Fink has expressed his belief in the potential of an Ethereum exchange-traded fund (ETF), stating that he “sees value” in such a product. This comes after Blackrock, along with other financial institutions like Fidelity and VanEck, have filed for spot Ethereum ETFs. The U.S. Securities and Exchange Commission (SEC) is expected to […]
MicroStrategy’s co-founder, Micheal Saylor, appears to be formulating his own ‘Bitcoin Strategy’. A recent report indicates that Saylor has started to liquidate some of his company’s stocks with the intention of acquiring more of the leading cryptocurrency, Bitcoin.In a Bloomberg report, it was revealed that Saylor sold between 3,882 and 5,000 MicroStrategy shares on certain […]
CoinShares, a leading European crypto investment firm, has announced its decision to acquire Valkyrie Funds, a US-based competitor. This move comes shortly after the US Securities and Exchange Commission approved Valkyrie Fund’s application for a spot in Bitcoin ETF, along with ten other issuers, on January 10. The approved ETF, known as Valkyrie Bitcoin Fund […]
