BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts.
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Mass appeal: Could a Bitcoin futures EFT electrify US investors?
Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated exchanges in Europe, while Canada and Brazil have already introduced their own versions this year. Over the past eight years, however, not a single investment firm has won the U.S.…
EU Must Coordinate Crypto Regulation to Become Global Leader: AFME
Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector. So goes the argument in a new report from financial markets advocacy group, The Association for Financial Markets in Europe (AFME), in a new report published on Nov. 14.Coordination remains the top priorityAFME’s…
Veteran trader Peter Brandt sees Bitcoin crashing further after May’s 50% drop
Bitcoin (BTC) faces the prospects of falling further even after its price made a strong recovery after crashing from $65,000 to $30,000 in May 2021.So it reflects in the latest statements from Peter Brandt, chief executive of global trading firm Factor LLC, who questioned, if not asserted, the longevity of the ongoing relief rally in…
Deterring adoption? Balancing security and innovation in crypto
The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new products and features.Some companies’ approach…
Binance says it’s ‘different’ from other exchanges amid SEC lawsuit
“We are different than ___,” the crypto exchange said in a statement. 327 Total views 1 Total shares On June 7, cryptocurrency exchange Binance published a statement on its Chinese social channels with the hashtag #StrongTogether. Amid ongoing litigation with the United States Securities and Exchange Commission, Binance said its wallet addresses are transparent and…
Pixel Vault raises $100M for NFT development platform
The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to pioneer Web3 storytelling via new company. 307 Total views 5 Total shares Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes,…
Blockchain Association responds to US lawmakers’ request for crypto tax guidance
Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8. 175 Total views 1 Total shares The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital
US federal agencies release joint statement on crypto asset risks and safe practices
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks. 224 Total views 12 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTUnited States federal bank regulatory agencies…