Category Archive: Cryptocurrency, No picture
Fidelity’s Ethereum spot ETF listed on DTCC under ticker $FETH
Fidelity’s Ethereum spot ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $FETH. This development comes on the heels of the US Securities and Exchange Commission’s (SEC) approval of spot Ethereum exchange-traded funds (ETFs) on May 23.Fidelity’s Ethereum spot ETF is now listed on DTCCBlackRock’s Ethereum fund, iShares […]
Ethereum ETFs could debut by June as BlackRock updates S-1 form
BlackRock filed an updated version of its spot Ethereum exchange-traded fund’s (ETF) S-1 form, as reported by user PhoenixNews on X. The S-1 form is an initial registration required by the US Securities and Exchange Commission (SEC) before a security can be publicly traded.As reported by Crypto Briefing, the SEC started talks with Ethereum ETF […]
Elon Musk eyed for Trump advisory role, WSJ reveals
Donald Trump is considering Elon Musk as his policy adviser in case he wins the US presidential run this year, as reported by The Wall Street Journal. This means that Musk could be an adviser on economic and border security issues, given the tech mogul’s potential to exert “formal input and influence” in these domains.According […]
Rep. Tom Emmer: ‘Gary Gensler has been the worst thing for the SEC’
In a recent conference presentation at Consensus, Rep. Tom Emmer (R-MN) expressed his views on the current state of crypto regulation and the role of the Securities and Exchange Commission (SEC) under the leadership of Gary Gensler. Emmer, a strong advocate for the crypto industry, criticized Gensler’s approach, stating, “Gary Gensler has been the worst […]
Ripple invests $25 million in pro-crypto campaign for 2024 US elections
Ripple announced today an additional $25 million donation to Fairshake, a super PAC championing pro-crypto candidates in the 2024 elections. This doubles Ripple’s previous $25 million contribution, reinforcing its commitment to a pro-innovation political climate in the US. “Our contributions to Fairshake are just one of the many ways Ripple will actively invest in educating […]
Ripple’s institutional DeFi could unlock Bitcoin ETF collateral value: Ripple CTO
During Consensus 2024, Ripple’s Chief Technology Officer David Schwartz discussed the untapped potential of DeFi on the XRP Ledger (XRPL) for institutional use. Schwartz pointed out the current limitations faced by Bitcoin ETF holders when seeking loans, with brokers valuing these assets at zero due to volatility concerns. “You know how much brokers value bitcoin […]
Cathie Wood chooses Bitcoin over Ethereum, ‘Hands Down’
Cathie Wood, ARK Invest CEO, has expressed her strong preference for Bitcoin over Ethereum, stating that Bitcoin is “hands down” her choice for investment, said in a conference at Consensus 2024.Speaking at the event, Wood emphasized the unique qualities of Bitcoin, describing it as a “global monetary system,” a “technology,” and a “new asset class.” […]
Ethereum breaks $1 billion mark in tokenized US Treasuries
Ethereum is now the infrastructure for over $1 billion in tokenized US Treasuries and dominates nearly 71% of the market share in this blockchain industry sector, according to real-world assets (RWA) data platform RWA.xyz. This number is majorly fuelled by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which has tokenized over $473 million in US […]
Fetch.ai, SingularityNET, and Ocean Protocol set to finalize token merge on June 13
The ASI Alliance, a new alliance formed by Fetch.ai, SingularityNET (SNET), and Ocean Protocol, is expected to complete its token merger on June 13, 2024, according to a press release shared by the team.The move follows an announcement in March that the three major players united to build an ethical, decentralized AI ecosystem. As part […]
Blocksquare hits $100M tokenized RWA, announces DeFi launchpad
Blocksquare, a real estate asset tokenization protocol, has reached a major milestone. The firm successfully tokenized a diverse portfolio of real estate assets exceeding $100 million. This includes 118 properties across more than 21 countries, including hotels, restaurants, and healthcare facilities.In addition, Blocksquare announced the launch of its DeFi launchpad, Oceanpoint v0.5. According to the […]
