JPMorgan Predicts ‘Negative’ Initial Reaction for Ethereum ETFs — Expects Lower Demand Than Bitcoin ETFs
JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting…
Bitcoin News
Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute
The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim…
Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether…
Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules
Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange…
Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’
Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin…
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings…
Grayscale’s GBTC and Vaneck’s HODL Report Outflows as US Bitcoin ETFs Gain $50M
On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling…
NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%
Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to…
$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period
In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or…
Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License Warning
The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an…
Turkey Detains 127 Crypto Ponzi Scheme Co-Conspirators, Seizes Assets Worth Over $31 Million
According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that…
SEC Issues Investor Alert Highlighting 5 Common Crypto Scams
The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common…
New York Tightens Customer Service Regulations for Crypto Companies
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated…
Penguiana Doubles Market Cap to Over $2.5 Million Ahead of GUIANA NFT Mint
Penguiana, the distinctive penguin-themed meme coin on the Solana blockchain, continues to captivate the crypto…
Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto
The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’…
