US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in...
Bitcoin
Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by...
Monochrome’s Spot Bitcoin ETF to Debut in Australia
Monochrome Asset Management is set to make history with the launch of Australia’s first spot Bitcoin (BTC) exchange-traded fund (ETF)...
Experts Think Blockchain Could Solve NYSE Trading Glitches
During an early Monday software update, a glitch caused the New York Stock Exchange (NYSE) to halt trading on about...
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational...
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade
Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what...
Billionaire Chamath Believes Bitcoin Can Reach $500k By 2025
Social Capital CEO Chamath Palihapitiya recently predicted that Bitcoin will reach $500,000 per coin by the end of this year,...
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing...
Bitcoin eyes $70k as the Piggy Bankster presale commences in 26 hours
Key takeaways Bitcoin is trading above $69k once again and is now targeting the $70k psychological level. Piggy Bankster is...
When Can Dogecoin (DOGE) Double in Price? Analysts Weigh In
TL;DR Dogecoin’s price is up 10% in two weeks. Analysts see potential for further gains if it breaks resistance at...
ARK Invest Withdraws from Spot Ethereum ETF Application with 21Shares
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded...
Bitmain Launches Antminer L9 With Enhanced 16 GH/s Capacity for Scrypt-Based Coins
Bitmain has announced the release of the Antminer L9, an application-specific integrated circuit (ASIC) miner tailored for coins that use...
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 crypto scams investors should watch...
Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect
Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending...
Blackrock Advances Spot Ether ETF With SEC Amendment, Analyst Eyes June Launch
The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be...
What Is Hamster Kombat? The Telegram Crypto Game and Airdrop
Are hamsters fighting now? Not exactly—but while Hamster Kombat’s title might be a little misleading, this Telegram-based clicker game has...
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has...
El Salvador’s Economic Future Bright With Bitcoin-Centric Vision
On June 1, President Nayib Bukele began his second term at the National Palace in San Salvador, riding on a...
Franklin Templeton proposes a 0.19% fee in its amended Spot Ethereum ETF S-1
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to...
Bitcoin and Ethereum ETFs still off the table for Vanguard
Share this article For Vanguard, crypto assets like Bitcoin and Ethereum are “more of a speculation than an investment,” and...
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 in May, a level not...
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 Commission (SEC)’s controversial crypto rules...
