This week saw a number of developments in the cryptocurrency space. Valkyrie Investment Group announced that it will start offering exposure to Ether futures in the coming days, allowing investors access to Ether and Bitcoin futures “under one wrapper”. Asset manager VanEck also disclosed its upcoming Ethereum Strategy ETF, which will be listed on the […]
Ultra Stellar and Allbridge have joined forces to revolutionize the mobile blockchain experience. Through their enhanced partnership, they have integrated Allbridge’s decentralized application (dApp) interface into the LOBSTR and MetaMask apps, facilitated by WalletConnect. This integration eliminates the need for additional devices or desktop setups, allowing users to bridge between various EVM blockchains, including Ethereum, […]
Bitcoin (BTC) has demonstrated remarkable resilience in the face of fluctuations in the broader financial sectors, regularly holding a position above the $27,000 level. VanEck’s proposal for an Ether futures ETF has sparked optimism in the cryptocurrency market, but experts advise caution.The potential approval of a Bitcoin ETF by the Securities and Exchange Commission (SEC) […]
Crypto.com, PayPal, and Paxos have joined forces to create a platform for PayPal USD (PYUSD) exchange. This collaboration is aimed at increasing cryptocurrency accessibility and advancing digital commerce. Joe Anzures, SVP and GM, Americas and Global Head of Payment Partnerships at Crypto.com, expressed his enthusiasm for the venture. He believes that this partnership will help […]
Bitwise Asset Management has announced the launch of two Ethereum-themed exchange-traded funds (ETFs): the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP). These ETFs will provide investors with access to Chicago Mercantile Exchange (CME) Ether futures and expand regulated and trusted investment avenues in the crypto sector. […]
John Deaton, a prominent securities attorney, was recently honored with the inaugural Defender of Freedom Award by the International Crypto Business Law Association (ICBLA). This award recognizes Deaton’s bold strategy that enabled digital asset owners to challenge SEC enforcement actions. His significant contribution in the SEC v. Ripple case showcased the power of collective community […]
Bitwise Asset Management has announced that trading for two Ethereum-focused ETFs, the Bitwise Ethereum Strategy ETF ($AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ($BTOP), will commence on October 2, 2023. This decision comes after the firm amended its application for the spot Bitcoin ETF. According to the firm’s Chief Investment Officer, […]
The wallet of the perpetrator of the FTX hack, identified as 0x3e957, has recently been activated and contains a substantial sum of $16.75 million in ETH tokens. Two separate transactions of 2,500 ETH each, valued at $4 million, have been made, which could potentially exert downward pressure on prices and affect smaller investors. The launch […]
Georgia is taking a major step towards digital currency with the National Bank of Georgia (NBG) aiming to ensure that its central bank digital currency (CBDC), the digital lari, can interoperate with a future digital euro while maintaining the nation’s monetary independence. The NBG recently announced its plans to progress research on the digital lari […]
The Securities and Exchange Commission (SEC) is rushing to approve Ethereum products before the government shutdown on October 1st, according to Bloomberg ETF expert Eric Balchunas. Valkyrie, VanEck, ProShares, Bitwise, Hashdex, and Volatility Shares all expect to begin trading their Ether futures ETFs on Monday. Valkyrie’s chief investment officer Steven McClurg told Reuters that the […]
