Category Archive: Cryptocurrency, No picture
Russia’s largest bank joins digital ruble pilot program
Key Takeaways Sberbank, TBank and Tochka Bank are now part of the digital ruble pilot program. By July 2025, major Russian banks must support digital ruble functionalities or face fines from the CBR. Share this article Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to […]
ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold
Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin. Share this article ProShares, a prominent asset manager overseeing more than $75 billion in assets, is seeking SEC approval to offer […]
Scam ads targeting Usual Protocol emerge on Google
Key Takeaways Scammers are using fraudulent Google ads to impersonate Usual Protocol and steal crypto assets. Users are advised to manually verify website addresses to ensure authenticity and avoid scams. Share this article Scam Sniffer analysts have identified fraudulent Google ads impersonating Usual Protocol that redirect users to fake websites designed to steal crypto assets. […]
Tether grapples with new FUD as MiCA regulations take effect on Dec. 30
Key Takeaways MiCA’s Dec. 30 rollout raises uncertainty about Tether’s compliance and its impact on the crypto market. Coinbase has delisted USDT due to MiCA regulations while other exchanges await further guidance. Share this article Tether’s USDT stablecoin faces mounting regulatory uncertainty as the European Union’s Markets in Crypto-Assets Regulation (MiCA) takes effect on December […]
Do Kwon to be extradited to US, Montenegro’s justice minister confirms
Key Takeaways Montenegro approved the extradition of Do Kwon to the US. Kwon faces charges over Terra ecosystem’s collapse costing $40 billion. Share this article Montenegro’s justice minister Bojan Bozovic has approved the extradition of Terraform Labs co-founder Do Kwon to the United States, following a Supreme Court ruling and legal evaluation. “The Ministry of […]
Bitget unveils $5B BGB token burn as price jumps 100% in a week
Key Takeaways Bitget announced a $5 billion BGB token burn, removing 800 million tokens from circulation. BGB has surged 100% in the past week, backed by a growing user base and increased trading volume. Share this article Bitget, one of the fastest-growing crypto exchanges, announced today a $5 billion burn of its native token, Bitget […]
Bitwise files ETF for firms holding over 1,000 BTC
Key Takeaways Bitwise’s ETF will include firms with over 1,000 BTC, weighted by Bitcoin treasury size rather than market capitalization. The ETF proposal highlights growing corporate adoption of Bitcoin amid its strong price performance this year. Share this article Bitwise Asset Management filed with the SEC to launch the Bitcoin Standard Corporations ETF, targeting public […]
Strive files for “Bitcoin Bond” ETF tied to MicroStrategy holdings
Key Takeaways Strive’s ETF offers Bitcoin exposure through “Bitcoin Bonds,” primarily MicroStrategy convertible securities and derivatives. The ETF seeks to participate in the growing institutionalization of Bitcoin. Share this article Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.The Strive Bitcoin Bond […]
KULR Technology adopts Bitcoin treasury strategy with $21M purchase, stock rises 30%
Key Takeaways KULR Technology Group purchased 217.18 Bitcoin for $21 million as part of a new treasury strategy. The company’s stock price increased by 30% following the announcement of their Bitcoin purchase. Share this article KULR Technology has entered the Bitcoin market with a $21 million purchase of 217.18 BTC at an average price of […]
Trump’s pledge to make all Bitcoin made in USA faces practical challenges, say experts
Key Takeaways Trump advocates for US-based Bitcoin production to enhance energy dominance. Currently, less than 50% of Bitcoin mining computational power is based in the US, facing competition from countries like China and Russia. Share this article Trump has called for all remaining Bitcoin to be mined in the US, but experts believe practical challenges […]
