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Ark and 21Shares amend spot Ethereum ETF with cash creation/redemption policy

Ark Invest and 21Shares amended their joint application for a spot Ethereum exchange-traded fund (ETF) in a Feb 7 S-1 filing According to one section, financial firms that are allowed to purchase and
Blockchain

Ripple Going Public Will Be ‘The Biggest IPO Ever’, Experts Predict

Talks about a Ripple Initial Public Offering (IPO) have continued to reverberate around the crypto community This time, crypto expert Zach Rector has highlighted how successful that event could be if
Blockchain

Abu Dhabi Global Market partners with Solana Foundation to drive web3 adoption in UAE

The Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MOU) with the Solana Foundation to drive the adoption of Distributed Ledger Technology (DLT) solutions and propel
Blockchain

XRP Price On The Brink: This 10-Year Trendline Could Lead To A 4000% Surge

Crypto analyst Jaydee recently highlighted a historical pattern that suggests that the XRP price could experience a parabolic move soon enough If history is anything to go by, XRP is believed to have
Blockchain

Thailand’s Digital Boost: Crypto Trading Becomes VAT-Free, Here Are The Details

According to local reports, Thailand’s Finance Ministry has announced new measures to boost its digital asset industry and push the country to solidify its position in the nascent industry Related
Blockchain

Ethereum Dencun Upgrade Launch Boosts ETH Price, Eyes 90% Fee Reduction

Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet  This is seen as a crucial step towards deploying the
Blockchain

FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services

Prometheum, the first US special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency
Blockchain

South Korea’s Crackdown On Crypto Crime: Life Sentence For Offenders

South Korea is set to implement robust measures to safeguard digital asset users and establish “order” in the nascent crypto market  The country’s Financial Services Commission (FSC) has
Blockchain

Prosecutors raise concerns over lawyers defending SBF, Mashinsky

US prosecutors have requested a special hearing to delve into potential conflicts of interest involving lawyers representing two notable figures in the crypto world: Sam Bankman-Fried (SBF), the
Blockchain

Microstrategy Buys More Bitcoin: Here’s How Much Profit It Holds Now

Software company Microstrategy bought another $37 million worth of Bitcoin, bringing its unrealized profit to $37 million Microstrategy Now Holds This Much In Unrealized Bitcoin Gain Michael Saylor,
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Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants

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In a recent Bloomberg report, it has come to light that the hedge fund industry is increasingly drawn to the allure of the memecoin sector, given the recent price increases and substantial profits

Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays

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Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection

Dogecoin Sell-Off Imminent? 10 Billion DOGE About To Move Into Profit

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Dogecoin could be heading toward an imminent sell-off that could tank its price as a significant tranche of coins is about to move into profit In such a case, it would not be out of the ordinary to

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight

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Samson Mow, the chief executive at Jan3, recently spoke to Forbes about the latest Bitcoin halving and its potential to catalyze what he refers to as the “Omega candles” –

Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system

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Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip The company is now finalizing a
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