Category Archive: Cryptocurrency, No picture
SEC engages with Ethereum ETF issuers on S-1 forms
Fox Business journalist Eleanor Terrett said on Thursday that the US Securities and Exchange Commission (SEC) started talks with Ethereum exchange-traded fund (ETF) issuers regarding their S-1 registration forms. She cited sources who said there is still “work to do” on those forms.This could be seen as a positive development, but it suggests there might […]
Fourteen years ago, someone bought pizza with Bitcoin
It was, back then, a new transaction, conceived from peer-to-peer friendships, and dedicated to the proposition that commerce on the Internet has come to rely almost exclusively on financial institutions.Now we are almost a decade and a half on, in a movement that could test whether the ideas conceived by Satoshi Nakamoto can endure. We […]
US House passes landmark FIT21 crypto bill with bipartisan support
The US House of Representatives has approved the Financial Innovation and Technology for the 21st Century Act (FIT21), a wide-reaching bill that establishes regulations for digital asset markets.The bill passed with a 279-136 vote, marking the crypto industry’s biggest-ever policy win in the US and the first time a major crypto bill has cleared one […]
Nvidia reports $26 billion Q1 revenue, AI crypto tokens show correlative gains
Chip-making tech behemoth Nvidia has announced its Q1 earnings, showing a record quarterly revenue of $26 billion, up by 5.5% of market expectations. The company has also confirmed that a ten-for-one forward stock split would be implemented by June 7, 2024. At the time of writing, the Nvidia stock ($NVDA) is up 2.6% after market […]
MetaMask reportedly working on native Bitcoin integration
MetaMask, the popular Ethereum wallet with over 30 million monthly active users, is reportedly preparing to support native Bitcoin (BTC) transactions, according to reports citing persons familiar with the matter.While the company has not officially confirmed the rumors or provided a specific timeline, the integration could potentially be available as early as June, with features […]
Experts speak out on how high Ethereum could go with an ETF approval
Tomorrow is the final deadline for the approval of VanEck’s spot Ethereum exchange-traded fund (ETF) in the US, and expectations are high. Bloomberg ETF analyst James Seyffart shared that an approval movement “is happening,” despite regulatory indicators pointing out to the contrary direction until Monday.As a result, Ethereum (ETH) leaped up to 21% in less […]
Nasdaq refiles for BlackRock’s proposed Ethereum spot ETF
Nasdaq has submitted an updated 19b-4 form to the Securities and Exchange Commission (SEC) for BlackRock’s proposed spot Ethereum exchange-traded fund (ETF).BlackRock’s updated form, filed on Wednesday, follows the SEC’s request earlier this week for exchanges to revise their 19b-4s, which are critical in the approval process for rule changes necessary for the ETFs to […]
White House opposes FIT21, citing concerns over lack of investor protection
The White House has published a statement of administrative policy expressing opposition to the passage of the Financial Innovation and Technology for the 21st Century Act (FIT21) in the US House of Representatives.In the statement, the White House emphasized its eagerness to work with Congress on developing a comprehensive and balanced regulatory framework for digital […]
Hong Kong orders Worldcoin to stop collecting iris biometric data
Hong Kong’s privacy watchdog has banned Worldcoin from collecting biometric data within its jurisdiction, according to a notice issued on May 22 by the Office of the Privacy Commissioner for Personal Data (PCPD). “The Privacy Commissioner has served an enforcement notice on Worldcoin Foundation, directing it to cease all operations of the Worldcoin project in […]
TRON DAO at DC Blockchain Summit
Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures in blockchain and digital assets to engage with top policymakers and regulators, […]
