The Volatility Shares 2x Bitcoin Strategy exchange-traded-fund (BITX), the first leveraged crypto ETF in the U.S., has made a strong debut, with about $4.2 million worth of trading volume since it went live. The impressive start has generated significant interest in the …
Former Twitter CEO Jack Dorsey, who now heads Bitcoin-focused financial services firm Block, is stepping up his efforts to understand why Apple, the computer and smartphone giant, does not offer support for bitcoin on its mobile payment service, Apple Pay. The issue …
Cryptocurrencies Cardano (ADA) and Solana (SOL) experienced significant declines on Tuesday, just before trading app Robinhood prepared to delist them. This move came in light of Robinhood’s announcement on June 9, stating that support for ADA, SOL, and MATIC would be terminated …
Ripio, a crypto services provider based in Latin America, has been granted authorization by the Bank of Spain to operate as a virtual currency exchange and provide custody services for digital wallets. The approval marks a significant milestone for Ripio, which has …
FTX, the bankrupt cryptocurrency exchange, has temporarily halted the sale of its $500 million stake in artificial intelligence (AI) startup Anthropic, according to anonymous sources cited by Bloomberg. The announcement was made by investment bank Perella Weinberg, who is handling FTX’s bankruptcy …
The Grayscale Bitcoin Trust (GBTC) experienced a surge in its share price, reaching a one-year high on Tuesday. This sudden increase was driven by reports that Fidelity Investments, an investment asset manager, was preparing to file for a spot bitcoin exchange-traded fund …
Grayscale Bitcoin Trust (GBTC) experienced a surge in its share price to a one-year high on Tuesday, June 27. This was in response to a report that investment asset manager Fidelity Investments was preparing to follow in the footsteps of Blackrock’s application …
The Law Commission, funded by the Ministry of Justice, has released a report suggesting that the United Kingdom should create a unique legal framework to allow for the use of cryptocurrency as collateral. The commission recommends that this should extend beyond the …
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has proposed a framework for creating open and interoperable networks for tokenized digital assets. The proposal, titled “Project Guardian,” was presented in collaboration with financial institutions including the Bank for International Settlements (BIS). …
Bitcoin futures markets are currently experiencing an influx of money flows, with traders seemingly making bets on price movements amid an increase in crypto-ETF filings. According to reports, open interest on bitcoin futures has increased to over $11 billion, marking the highest …