The United States Securities and Exchange Commission (SEC) recently approved the first regulated spot Bitcoin exchange-traded fund (ETF) in the United States, a day after an erroneous tweet caused confusion. This approval is expected to lead to the institutionalization of Bitcoin, with other factors also influencing the process.Yesha Yadav, a professor of law and associate […]
The Hedera and Algorand ecosystems have announced the formation of the DeRec Alliance at the Crypto Finance Conference in St. Moritz. This alliance is set to develop a decentralized recovery system for cryptocurrencies, aiming to make digital asset recovery secure and painless across wallets. The system also aims to integrate conventional web2 practices into the […]
The crypto world experienced a significant milestone with the launch of the first US ETFs directly holding Bitcoin. The debut was extraordinary, with nearly a dozen spot Bitcoin ETFs launching simultaneously, generating a record-breaking volume of over $4.6 billion. This event injected a jolt of excitement into the digital currency landscape.Investors, driven by pent-up demand […]
Input Output Global (IOG), the team behind the educational tool Essential Cardano, has revealed some of the latest updates in the Cardano ecosystem. These improvements, ranging from performance to scalability, have helped Cardano regain bullish momentum in the crypto market. This momentum has been further boosted by the news of the spot Bitcoin Exchange Traded […]
BlackRock’s Chief Executive Officer, Larry Fink, has recently voiced his support for an Ethereum Exchange Traded Fund (ETF). In a conversation with CNBC, Fink expressed his belief in the potential of tokenization, stating that it represents the future of the financial industry.His comments came shortly after the launch of BlackRock’s own Bitcoin ETF, marking the […]
UBS, a leading banking institution based in Zürich, is set to allow certain clients to trade bitcoin ETFs, albeit under specific conditions, as revealed by an anonymous source close to the bank. The stipulations include a prohibition on UBS soliciting the trades, and a restriction preventing accounts with a lower risk tolerance from purchasing them. […]
Larry Fink, CEO of BlackRock, the world’s largest asset management firm, has recently shown a keen interest in Ethereum ETFs (exchange-traded funds). This interest marks a potential turning point in the digital finance landscape, especially at a time when cryptocurrencies are gaining significant traction towards mainstream acceptance.Fink’s interest in Ethereum ETFs not only highlights the […]
Stablecoin firm Circle has confidentially filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). This marks a significant shift for the company, which is making another attempt to go public after terminating a prior deal a year ago. The company announced its move through a press statement, revealing that […]
Binance, the world’s largest cryptocurrency exchange, has expanded its margin trading offerings with the addition of six new trading pairs. The pairs include SOL/USDC, ARB/FDUSD, and DOCK/USDT as cross-margin pairs, and SOL/USDC, ARB/FDUSD, and OP/FDUSD as isolated margin pairs. Margin trading allows users to leverage loaned funds for trades, providing greater flexibility and diversification in […]
BlackRock CEO Larry Fink has recently shown interest in an Ethereum-based Exchange-Traded Fund (ETF), indicating a potential shift in investment strategies. This comes at a time when cryptocurrency markets are gaining mainstream acceptance.Fink’s endorsement of Ethereum underscores its growing prominence in the digital finance arena. As the leader of the world’s largest asset manager, his […]
