Robinhood, a leading trading platform, has introduced spot Bitcoin exchange-traded fund (ETF) trading for its US customers. This development is part of the company’s continuous efforts to offer more investment options and simplify access to financial markets.The Robinhood Crypto app now supports trading for 11 spot Bitcoin ETFs, recently approved by the Securities and Exchange […]
Robinhood, a leading trading platform, has introduced spot Bitcoin exchange-traded fund (ETF) trading for its US customers. This development is a part of Robinhood’s continuous efforts to offer more investment options and simplify access to financial markets.The Robinhood Crypto app now supports trading for 11 spot Bitcoin ETFs, recently approved by the Securities and Exchange […]
In a surprising turn of events, Binance Coin (BNB) has slipped to the 13th position in the liquidity race in Q4 2023, despite being the third-largest cryptocurrency by market capitalization. This development has raised questions about its overall liquidity. The data, released by Kaiko on January 11, shows that Bitcoin (BTC), Ethereum (ETH), XRP, and […]
In the evolving landscape of post-spot Bitcoin ETF (Exchange Traded Fund), industry players are strategizing to gain a competitive edge. These strategies are either aimed at capturing direct market share or using an indirect approach.Asset manager CoinShares has made a significant move to strengthen its position in the U.S. market by announcing its decision to […]
Increasing numbers of U.S. Congress members are urging the Securities and Exchange Commission (SEC) to provide details on a hack that led to a false announcement being posted on X (formerly Twitter) about the approval of a spot Bitcoin exchange-traded fund. Senators Ron Wyden and Cynthia Lummis, in a letter dated January 11, called on […]
In a significant development, Genesis, a prominent player in the cryptocurrency industry, has been compelled to forfeit its BitLicense. This drastic measure comes as a result of a lawsuit filed by the New York Department of Financial Services (NYDFS). In addition to relinquishing its BitLicense, Genesis has also been mandated to pay a hefty sum […]
In the world of decentralized finance (DeFi), a Solana-based maximum extractable value (MEV) bot has made a significant impact, generating $1.7 million in profit from a single trade. This news comes alongside the Near Foundation’s decision to lay off 40% of its staff, despite a strong financial performance. Meanwhile, the United States Commodity Futures Trading […]
The XRPL Mainnet has faced several challenges, including issues related to authorized trustlines and a combination of flags when the exchange rate on an offer diverges from the order book rate. These challenges have been classified as core ledger updates. When new features are introduced to the XRPL Mainnet, XLS specifications that involve fundamental changes […]
The U.S. Bitcoin ETF debut sparked a wave of excitement, but prices dropped after an initial surge, impacting both long and short futures traders with $80 million in losses. Spot Bitcoin ETFs made a historic debut, with $4.3 billion in trading volume on the first day, attracting institutional investors.The debut of Bitcoin exchange-traded funds (ETFs) […]
Ethereum insider Steven Nerayoff has expressed skepticism over the possibility of an Ethereum (ETH) Exchange-Traded Fund (ETF) being launched. This comes after the approval of Bitcoin Spot ETFs by the United States Securities and Exchange Commission (SEC) on January 10, which has led crypto enthusiasts to consider ETH as the next potential candidate for ETF […]
