SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing Cases of De-Banking—Will the Fed Finally Take Action? Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where Senator Cynthia […]
The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”
PRESS RELEASE. Willemstad, Curaçao: Whale Casino Introduces Battlepass Season 1: A New Era of Gaming and Rewards. Whale Casino, a pioneering name in the crypto gaming sphere, proudly announces the launch of its innovative Battlepass for Season 1. This groundbreaking feature is set to revolutionize how players interact with the casino, blending the thrill of […]
XRP currently commands a valuation of $2.435, flaunting a market cap of $142 billion—once again eclipsing tether’s position. It boasts a 24-hour trading volume of $4.01 billion, representing 3.656% of Tuesday’s $109.654 billion crypto market activity, with intraday fluctuations between $2.41 and $2.52. Lingering 27% below its historic peak, the asset teeters between recovery and […]
Central African Republic President Touadéra has reportedly launched a meme-coin, $CAR, to raise the country’s profile. This follows a previous, less successful attempt to adopt Bitcoin as legal tender. While Touadéra claims the CAR launch was a “success,” the coin’s value dropped significantly. He describes the meme-coin as an “experiment” to unite people and support […]
The language the SEC used to request a delay in a crypto enforcement case — similar to that in a Binance filing — suggested the agency would be following suit in other courtrooms.
Nischal Shetty, founder and CEO of Wazirx, India’s largest cryptocurrency exchange, has announced plans to introduce RT tokens equivalent to the total value of assets stolen in the $230 million breach the platform endured. Wazirx Pledges Transparency With RT Tokens According to Shetty, Wazirx intends to distribute recovery tokens in response to the July 2024 […]
Cautious market sentiment and a broader pullback in crypto activity appear to be stalling bitcoin’s price over the past 24 hours. Trading Volume Slump Keeps Bitcoin Below $97K Threshold Bitcoin (BTC) is currently trading at $96,985.60, showing a slight 0.48% decline over the past 24 hours and a 3.37% drop over the past week. The […]
FTX will initiate repayments to Convenience Class creditors on Feb. 18, 2025, nearly three years after its November 2022 bankruptcy filing. FTX Creditors to Receive First Distributions Starting Feb. 18, 2025 Eligible creditors in FTX’s Convenience Classes can expect funds within 1-3 business days starting Feb. 18, according to a Feb. 7 announcement. Distributions are […]
Helius Labs CEO Mert Mumtaz firmly believes Solana will hit $500 within five years and become a “trillion-dollar asset”: X Hall of Flame.