Crypto world awaits as SEC delays verdict on Franklin Templeton, Global X Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on spot bitcoin ETF applications from Franklin Templeton and Global X, according to a recently issued notice. The SEC’s deadline to act on Franklin Templeton’s application was due today, and for Global X’s proposal was slated for November 21. These delays push the new deadlines […]
Fidelity joins the race for Ethereum ETF approval
Asset management giant, Fidelity, has submitted an application to the United States Securities and Exchange Commission (SEC) for an Ethereum exchange-traded fund (ETF). Fidelity, which manages $4.5 trillion in assets, made this move just days after BlackRock filed its application for the iShares Ethereum Trust. The filing was made on November 17, 2023. The proposed […]
Is Dogecoin Really Going to the Moon?
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 Is Dogecoin Really Going to the Moon? Can You Believe Snoop Dogg is Saying Goodbye to Weed? Solana’s Rally Gets a Shout-Out from […]
Solana hits yearly high after 13% daily surge
Solana (SOL) has recently touched a new yearly high, following a remarkable 13% daily surge. The blockchain network has demonstrated a commendable 30-day return profile, with over a 170% gain. As reported on Thursday, Solana peaked in 2023 on November 10, it remains approximately four times below its all-time high of $259.96. The Solana network’s […]
Bitwise analyst predicts more significant market impact from Bitcoin ETFs than Ethereum
Bitwise, the world’s largest crypto index fund manager, suggests that Bitcoin (BTC) exchange-traded funds (ETFs) could have a more significant market impact than their Ethereum (ETH) counterparts. Analyst Juan Leon from Bitwise explains that while many institutional investors have become more knowledgeable about BTC, most still struggle to understand ETH’s distinct attributes. He likens BTC […]
Crypto Whale makes waves with $4 Million DYDX deposit to Kraken
A prominent crypto investor, known as a “whale,” deposited over $4 million of dYdX (DYDX) to the cryptocurrency exchange Kraken on Monday. The move comes amidst a significant uptick in the value of the asset. The deposit was made as the price of DYDX, a decentralized derivatives exchange token, surged by 30% on Monday. Blockchain […]
Three detained in $10M bank fraud and cryptocurrency laundering operation
Three individuals have been apprehended in connection to a fraudulent scheme involving $10 million, which was subsequently laundered through cryptocurrency exchanges overseas. The U.S. Attorney’s Office for the Southern District of New York and the FBI announced the arrests on Wednesday, November 16. The perpetrators, named as Zhong Shi Gao, Naifeng Xu, and Fei Jiang, […]
European giant Coinshares poised to acquire Valkyrie’s ETF as Bitcoin awaits approval
European digital asset management firm, CoinShares, has obtained the exclusive rights to purchase the exchange-traded fund (ETF) unit of its U.S. competitor, Valkyrie Investments. The deal encompasses the Valkyrie Bitcoin Fund, which is currently awaiting regulatory approval in the U.S. CoinShares announced the move on Thursday, November 17, as a strategy to extend its reach […]
How the Ordinals-inspired POLS token triggered a 1000% surge in Polygon’s gas fees
The Polygon network gas fees have surged by 1000%, peaking at $0.10, during a rush to mint a new Ordinals-inspired token named POLS. The Ethereum layer-2 Polygon (MATIC) network experienced a sudden surge in user activity due to the minting of POLS tokens, causing gas fees to spike dramatically. On Wednesday, Polygon founder Sandeep Nailwal […]
Bitcoin ATM users in Argentina can now utilize Lightning Network
Users of Bitcoin (BTC) ATMs in Argentina have been granted the capability to utilize the Lightning Network, following similar advancements made earlier this month in El Salvador. The project is an initiative of Athena Bitcoin, the crypto ATM operator, which initiated Lightning Network integration in El Salvador in early November. The firm aims to expand […]