Category Archive: Cryptocurrency, No picture
Grayscale Investments adds Aave trust to its crypto product suit
Key Takeaways Grayscale’s Aave Trust offers a novel approach to investing in decentralized finance. Aave’s platform leads in crypto lending with significant total value locked. Share this article Grayscale announced today it is launching the Grayscale Aave Trust, a new investment product that provides investors with access to AAVE, the governance token for Aave’s platform.The […]
Sui, XRP Ledger, EigenLayer set to integrate Axelar’s new Mobius Development Stack
Key Takeaways Axelar’s Mobius Development Stack introduces customizable, self-service integration for web3 applications. The platform features integration with major L1 blockchains and advanced security from Babylon and EigenLayer. Share this article Axelar has officially launched the Mobius Development Stack (MDS), a platform designed to offer customizable, self-service interoperability across various blockchains, on its mainnet. Prominent […]
Swift to pilot digital currency transactions in 2025
Key Takeaways Swift’s 2025 trials will integrate digital and traditional currencies on a global scale. Central and commercial banks will be able to use the Swift network to conduct trial transactions of digital currencies and assets, Share this article Swift announced today it will start piloting live digital asset and currency transactions on its network […]
Bitcoin holds steady at $61K as whales buy despite geopolitical tension
Key Takeaways Bitcoin remains stable above $61,100 with significant whale buying activity. XRP’s value drops over 10% amid SEC’s appeal against a regulatory ruling. Share this article Bitcoin (BTC) has managed to maintain its position above $61,100 despite ongoing geopolitical tensions, while Ethereum (ETH) experienced a 4% drop to $2,390. The crypto market continues to […]
Ripple may file a cross-appeal to challenge SEC’s legal move
Key Takeaways Ripple faces a $125 million fine, significantly less than the SEC’s initial $2 billion claim. Ripple may challenge the classification of XRP sales or the fine amount in a potential cross-appeal. Share this article Ripple is considering filing a cross-appeal in response to the SEC’s appeal against the court’s judgment on August 7, […]
SEC files appeal in Ripple case, putting XRP ETF on hold
Key Takeaways The SEC’s appeal in the Ripple case has halted the progress of the Bitwise XRP ETF. Ripple’s ability to trade XRP as a non-security is challenged again with the SEC’s legal move. Share this article The SEC has officially filed a Notice of Appeal in its legal battle against Ripple Labs and its […]
Franklin Templeton submits Bitcoin & Ethereum index ETF proposal to SEC
Key Takeaways Franklin Templeton’s new ETF combines Bitcoin and Ethereum in a single fund. SEC’s approval depends on anti-fraud measures linked to regulated futures markets. Share this article The SEC has received a proposal to list and trade the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF. The new ETF, managed by Franklin Templeton, aims […]
Congressman Khanna backs Bitcoin strategic reserve as Democrats seek a ‘crypto reset’
Key Takeaways Bipartisan support emerges for using seized Bitcoin as a US strategic reserve. Proposal likened to Louisiana Purchase, highlighting its potential impact. Share this article Support for a strategic Bitcoin reserve is gaining bipartisan momentum, as lawmakers recognize Bitcoin’s potential as a national asset, Forbes reports. US representative from California Ro Khanna threw his […]
Cathie Wood doubles down on OpenAI with $250 million investment
Key Takeaways Cathie Wood’s Ark Venture invests $250 million in OpenAI’s $6.6 billion funding round. OpenAI now valued at $157 billion after massive funding boost. Share this article Cathie Wood’s Ark Venture Fund has committed to investing at least $250 million in OpenAI’s latest funding round, according to a report by Business Insider. Ark’s second […]
Snowden calls Solana a centralized chain used for ‘meme coins and scams’
Key Takeaways Snowden criticizes Solana for centralization, impacting its blockchain integrity. Despite criticism, Solana’s SOL token price increased by 10% over the past month. Share this article Edward Snowden, the former NSA whistleblower, openly criticized the Solana blockchain network for its centralization. Speaking at the Token2049 conference via video link, Snowden expressed concerns about Solana’s […]
