CoinShares to Acquire Valkyrie Funds, Expanding US Crypto Investment Reach

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 […]

CoinShares to Acquire Valkyrie Funds, Expanding US Crypto Investment Reach

CoinShares, a leading European crypto investment firm, has announced its decision to acquire Valkyrie Funds, a US-based competitor. This move follows the recent approval of Valkyrie Fund’s application for a spot in Bitcoin ETF by the US Securities and Exchange Commission. The approved ETF, known as Valkyrie Bitcoin Fund (BRRR), began trading on Nasdaq a […]

CFTC Highlights DeFi Risks, Recommends Policy Enhancements

The Commodity Futures Trading Commission (CFTC) recently highlighted a significant issue within DeFi systems, namely the lack of clear responsibility and accountability. The report stressed the considerable risks that DeFi systems present to consumers, investors, financial stability, market integrity, and the fight against illicit finance. The main concern is the absence of a robust mechanism […]

BlackRock CEO Optimistic About Ethereum ETF Following Bitcoin Success

BlackRock CEO Larry Fink has expressed optimism for a spot Ethereum exchange-traded fund (ETF) following the successful launch of the company’s Bitcoin ETF product, IBIT. The Bitcoin ETF garnered over $1 billion in trading volume on its first day. Fink’s comments come as BlackRock filed for a spot Ethereum ETF in November 2022, with speculation […]

Wise Lending Exploited, Loses $440,000 in Ether and $2.9M in stETH

Wise Lending, a Web3 lending software and yield aggregator, was reportedly exploited on January 12, losing 170 Ether, currently valued at $440,000. The attacker is believed to have used a flash loan to manipulate the pricing of an Oracle, employing an unverified contract with an address ending in d82c to siphon off the funds.This contract […]

Kevin O’Leary Critiques Bitcoin ETFs, Foresees Price Surge by 2030

Renowned investor and Shark Tank personality, Kevin O’Leary, has stirred the Bitcoin community by criticizing the recent approval of Spot Bitcoin ETFs, calling them “practically useless” for institutional investors due to the fees associated with them. Despite this, O’Leary remains optimistic about Bitcoin’s long-term prospects, predicting a significant price surge by 2030.O’Leary’s main issue with […]

BlackRock CEO Larry Fink Foresees Tokenized Future for Finance

BlackRock CEO Larry Fink has recently shared his insights on the future of cryptocurrencies, particularly Bitcoin and Ethereum, and their role in the financial system. Fink, who was previously skeptical about Bitcoin, has acknowledged a significant shift in his viewpoint. He now sees Bitcoin as an alternative source for wealth holding, similar to gold, a […]

Grayscale Transfers Large Bitcoin Amounts Following ETF Approval

Asset management firm Grayscale has been moving large amounts of Bitcoin to various wallet addresses over the past month, according to a recent report. This comes after the United States Securities and Exchange Commission (SEC) approved the firm’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). The Grayscale Bitcoin Trust is […]

Dogecoin Dips, Solana Soars, Rebel Satoshi Emerges in Crypto Market

In the dynamic world of cryptocurrency, recent developments in Dogecoin (DOGE), Solana (SOL), and a new entrant, Rebel Satoshi ($RBLZ), have captured the attention of investors. As the crypto market experiences exciting shifts, investors are at a crossroads, contemplating the top crypto coins, the best cryptocurrency to buy, and promising altcoins.Dogecoin, the dog-inspired cryptocurrency, has […]