Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five weeks versus local lows in March. Active address numbers have yet to mimic a classic bull market comeback. Bitcoin (BTC) short-term holders (STHs) are back in the game as a […]
Bitcoin ‘hot supply’ nears $40B as new investors flood in at $95K Read More »
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the XRP exchange-traded fund filing (ETF) that was submitted by $1.5 trillion investment giant Franklin Templeton. As reported by U.Today, Franklin Templeton filed to launch such a product in March shortly after submitting a similar filing for a Solana ETF. Franklin Templeton is the
$1.5 Trillion Giant’s XRP ETF Plan Faces SEC Delay Read More »
Avalanche’s native token, $AVAX, has struggled to maintain momentum despite an 8.6% gain over the past week. Launched in September 2020 as a scalable alternative to Ethereum for decentralized applications (dApps) and smart contracts, Avalanche has become one of the top 15 cryptocurrencies globally, boasting a market capitalization exceeding $9.2 billion. $AVAX is down 1.2%
Nasdaq has filed a 19b-4 form with the US Securities and Exchange Commission (SEC) to support the listing of a new 21Shares Spot Dogecoin (DOGE) Exchange-Traded Fund (ETF), according to an April 29 filing. The proposed fund would offer investors passive exposure to Dogecoin’s price without engaging in speculative trading activities like leverage, derivatives, or
Nasdaq files to list 21Shares Dogecoin ETF, signaling mainstream crypto acceptance Read More »
Key Notes XRP price to close April on a positive note, the first time in 3 years. The coin’s growth stems from positive advances within the Ripple Labs ecosystem. Hopes of a sustained bullish reversal are now tied closely to the general market outlook. Ripple Labs-backed XRP is eyeing a more bullish rebound after breaking
XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers Read More »
In brief Nasdaq has applied to the SEC for a rule change allowing the exchange to list shares of a 21Shares Dogecoin ETF. Bitwise and Grayscale have also applied for Dogecoin ETFs. The SEC has already started deliberations on a rule change for the Grayscale Dogecoin fund. Nasdaq has applied to the U.S. Securities and
Nasdaq Files for Rule Change to List 21Shares Dogecoin ETF Read More »
Swiss-based fintech company Tangem aims to launch Tangem Pay in 2025, a Visa card embedded with a cold wallet chip that enables self-custodial crypto spending without intermediaries. Tangem Pay Targets Crypto Users Seeking Direct Spending Control Tangem, a Zug-based hardware wallet manufacturer, announced the product at Paris Blockchain Week. According to the firm, the card
Tangem Announces Self-Custodial Visa Card Using Cold Wallet Chip Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent roundtable hosted by the US Securities and Exchange Commission’s (SEC) Crypto Task Force, industry leaders gathered to discuss the crypto custody for broker-dealers and investment advisers. Ryan Louvar, Chief Legal Officer and Head of Business and Legal Affairs for
Key Takeaways From The SEC’s 3rd Crypto Roundtable Focusing On Custody Issues Read More »
Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s
Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem Read More »
The Shiba Inu (SHIB) meme coin has seen a major surge in large transactions over the past 24 hours. This surge suggests renewed optimism from investors, driven by the meme coin’s latest price rally. Spike in Shiba Inu whales’ activity According to IntoTheBlock data, Shiba Inu has seen a 28.7% increase in large transaction volume, an indicator
2.6 Trillion Shiba Inu in 24 Hours, Are SHIB Whales Back? Read More »
