Category Archive: Cryptocurrency, No picture
ENS token surges after PayPal, Venmo adopt Ethereum Name Service
Key Takeaways Ethereum Name Service’s token value increased by 7.5% following PayPal and Venmo’s adoption. Venmo and PayPal users in the US can now send crypto using readable ENS names instead of long, complex wallet addresses. Share this article ENS, the governance token of the Ethereum Name Service project, surged 7.5% to $17.8 after PayPal […]
US Bitcoin ETFs hit $117M in daily inflows, Ether ETFs back in green
Key Takeaways Spot Bitcoin ETFs collectively captured $117 million in net inflows on Tuesday. BlackRock’s iShares Bitcoin Trust sees stagnation, no new capital since late August. Share this article Roughly $117 million was pumped into US spot Bitcoin exchange-traded funds (ETFs) in Tuesday trading, while the group of nine spot Ethereum ETFs was back in […]
Trump and Harris face off in debate as future crypto policies remain unclear
Key Takeaways Only 6% of surveyed voters are interested in crypto discussions at the upcoming presidential debate. Trump supports Bitcoin, while Harris has not disclosed her crypto policy stance. Share this article Crypto policy is unlikely to take center stage as Donald Trump and Kamala Harris square off in their first presidential debate Tuesday night, […]
Gemini: Crypto adoption steady despite market downturn
Key Takeaways 70% of past crypto owners likely to buy crypto in the next year. 37% of US crypto owners hold digital assets through ETFs. Share this article Crypto adoption remained consistent in the US, UK, Singapore, and France since 2022, despite recent market downturns, according to Gemini’s “2024 Global State of Crypto Report.” The […]
Polygon invests $5M in ‘VPU’ chips that could lower zero-knowledge proof costs
Key Takeaways Polygon Labs invests $5M in servers with custom zero-knowledge cryptography chips. The new technology could reduce the adoption timeline of zero-knowledge proofs from years to months. Share this article Polygon Labs, a major Ethereum layer-2 developer, has announced plans to purchase $5 million worth of server systems optimized for zero-knowledge (ZK) cryptography processing […]
State Street unveils three new crypto-related ETFs managed by Galaxy Digital
Key Takeaways State Street launches three actively managed ETFs focused on digital assets and disruptive technologies. The new ETFs, subadvised by Galaxy Asset Management, aim to capitalize on blockchain and digital asset market opportunities. Share this article State Street Global Advisors has announced three crypto exchange-traded funds (ETFs) sub-advised by Galaxy Asset Management. The ETFs […]
TRON, Tether, and TRM Labs unite to launch T3 Financial Crime Unit
Key Takeaways TRON, Tether, and TRM Labs has formed a new unit to combat illicit activities on the TRON blockchain. The collaborative effort is expected to extend beyond the TRON network, contributing to a safer overall blockchain ecosystem. Share this article TRON, Tether, and TRM Labs have joined forces to establish the T3 Financial Crime […]
Nansen acquires StakeWithUs, enables direct staking on its platform
Key Takeaways Nansen has acquired StakeWithUs as part of its strategy to become a comprehensive platform for digital asset investments. Over 20 assets are supported at launch, including Ethereum, Solana, Sui, and more. Share this article Nansen, the leading on-chain analytics platform, announced today it has acquired StakeWithUs, a prominent staking service provider. With this […]
Metaplanet buys ¥300 million worth of Bitcoin, now holds nearly 400 BTC
Key Takeaways Metaplanet has increased its Bitcoin holdings to nearly 400 BTC with a new ¥300 million investment. The company aims to capitalize on favorable tax treatment available through their partnership with SBI Group’s crypto arm, SBI VC Trade. Share this article Metaplanet, a Japanese publicly traded company often referred to as “Asia’s MicroStrategy,” has […]
BlackRock reports third day of outflows, but US Bitcoin ETFs still snap losing streak
Key Takeaways BlackRock’s iShares Bitcoin Trust faced a $9 million withdrawal on September 9. US Bitcoin ETFs reversed an 8-day outflow trend with over $28 million in net inflows. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw around $9 million in net outflows on September 9, marking its third day of outflows since its […]
