Category Archive: Cryptocurrency, No picture
Kabosu, beloved Shiba Inu and face of iconic ‘Doge’ meme, passes away
Kabosu, the Shiba Inu who basked in attention as the face of the iconic “Doge” meme, inspiring the creation of Dogecoin, has passed away peacefully today at the age of 17.Her owner, Atsuko Sato, announced the news on her official blog, expressing gratitude for the love and support shown to Kabo-chan over the years. A […]
Ethereum ETF approval sees minor decline in broader market, $400M in liquidations
After the dust settled on the craze around the SEC’s approval of Ethereum ETFs, the crypto market saw high levels of volatility. Data from CoinGecko shows that the top 20 digital assets (by market cap, excluding stablecoins) saw losses of roughly 3% each. Broadly, Bitcoin (BTC) and Ethereum (ETH) saw declines of 3.4% and 3.5%, […]
BlackRock’s Ethereum spot ETF listed on DTCC under ticker $ETHA
BlackRock’s spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) with the ticker symbol $ETHA. The listing follows the US Securities and Exchange Commission’s (SEC) approval of eight spot Ethereum exchange-traded funds (ETFs).BlackRock’s spot Ethereum ETF on DTCCThe SEC filings list eight Ethereum ETFs from VanEck, Fidelity, Franklin, Grayscale, Bitwise, […]
Zeta Markets unveils appchain ZX built on Solana infrastructure
Derivatives decentralized exchange Zeta Markets today announced the launch of Zeta X (ZX), a layer-2 solution aimed at transforming decentralized derivatives trading. According to the announcement, the blockchain will be launched in early 2025. “Our goal with Zeta X is to redefine the performance standards of decentralized trading. It is Zeta Markets’ next milestone to […]
BREAKING: Ethereum spot ETFs approved by SEC
The US Securities and Exchange Commission said it has approved the launch of spot Ethereum ETFs for accelerated launch, according to a document uploaded to the agency’s website. “After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange,” the […]
House of Representatives halts Fed’s CBDC plans with new legislation
The House of Representatives voted 216-192 to pass the CBDC Anti-Surveillance State Act, effectively prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC), as reported by the Washington Examiner. The bill was championed by House Majority Whip Tom Emmer (R-MN) and aims to prevent government overreach and safeguard financial privacy. The legislation […]
Ethereum price crash attributed to MEV manipulation: Report
Ethereum (ETH) faced a nearly 5% crash in one hour this Thursday, despite the anticipation around the approval of spot Ethereum exchange-traded funds (ETFs) in the US. The X user identified as ai_9684xtpa pointed out that this was likely a market manipulation movement by the trading firm Symbolic Capital Partners.“The agency sold 6,968 ETH in […]
Hong Kong SFC mulls allowing staking for Ethereum ETFs
Hong Kong’s Securities and Futures Commission (SFC) is reportedly exploring the possibility of allowing Ethereum ETFs under its jurisdiction to stake their tokens, a move that sets it apart from the stance taken by US regulators.This initiative aligns with the SFC’s progressive approach, following its recent approval of spot Ethereum ETFs alongside Bitcoin products. According […]
Grayscale Investments launches Near and Stacks crypto trusts
Grayscale Investments, the world’s largest crypto asset manager, has announced the creation and public launch of two new crypto investment trusts: Grayscale Near Trust and Grayscale Stacks Trust. The new trusts, which opened on May 23, allow eligible individual and institutional accredited investors to access daily subscriptions for diversified crypto exposure.The Grayscale Near Trust is […]
US Lawmakers pressure SEC for Ethereum ETF approval
A bipartisan group of US lawmakers sent a letter to the SEC urging the approval of spot Ethereum exchange-traded funds (ETFs), as reported by Politico. The group consists of five members of the House Financial Services Committee, two Republicans and three Democrats, and is led by Rep. French Hill.The letter mentions the approval of spot […]
