Biden may rethink SAB 121 vote veto due to political support for crypto
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
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VanEck files for a new Bitcoin futures mutual fund with US SEC
VanEck’s new “Bitcoin Strategy Fund” will invest in BTC futures, pooled investment vehicles and exchange-traded products providing exposure to Bitcoin. 1182 Total views 5 Total shares United States investment management firm VanEck has filed for a new Bitcoin (BTC) futures mutual fund with the Securities and Exchange Commission.According to a prospectus filed Monday, the new…
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Forget memecoins, Bitcoin is driving the bull run — NBX Warsaw
The success of Bitcoin ETFs and the influence of the Bitcoin halving is having a significant impact on cryptocurrency markets.
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Overexposed: DeFi indexes aren’t as diversified as you think
Research has found overexposure to a few 'blue chip' DeFi tokens is an issue for indexes. 1222 Total views 13 Total shares New research suggests that indexes based on decentralized finance tokens lack diversification which is less than ideal for advanced investors seeking to mitigate risk.Indexes are a very popular way to get broad exposure…
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Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire
Charlie Shrem went from running a small online business to becoming a Bitcoin (BTC) millionaire and making the cover of Forbes magazine. And then he went to prison.In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar Bitcoin empire, and then was arrested
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Bitcoin Price Gains 7% in 24 Hours as Wall Street Bets on $2T Bailout
Bitcoin (BTC) jumped over $100 as Wall Street opened on March 24, markets broadly gaining amid hope of the United States agreeing a $2 trillion coronavirus rescue package. Cryptocurrency market daily overview. Source: Coin360BTC price steadies as stocks bounceData from Coin360 and Cointelegraph Markets showed BTC/USD circling $6,700 at press time on Tuesday — up 7%…
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Alameda Research invests $20M in Reef Finance
The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana. 779 Total views 5 Total shares After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform.According to Reef Finance, Alameda Research will be…
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Andreessen Horowitz invests $70M in Ethereum staking protocol Lido
The venture capital firm said Lido's liquid staking solution removes many "operational complexities" institutional investors have faced in staking ETH. 278 Total views 2 Total shares Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is…
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Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. Compliance experts, investigators and regulators employ these blockchain analytical tools to better understand the patterns and entities in cryptocurrency transactions. To learn more about the tools and how they fit into broader cryptocurrency adoption, Cointelegraph sat down with Tom Robinson,…