'Crypto Dad' squashes rumors that he could replace Gensler as SEC Chair
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair.
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Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
After being initially discussed in 2021, the investment fund is now capitalizing on the meme-worthy ticker for its new leveraged Bitcoin ETF. 38 Total views 1 Total shares In its latest futures-based exchange-traded funds (ETF) filing, Valkyrie is utilizing one of the popular memes from the financial Twitter community, known as "fintwit," to capture attention and…

Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support
Ether (ETH) price jumped 11% between March 26 and March 29 to reach $3,480, which is the highest level in 82 days. Currently, the price is down 9% year-to-date but does data support the belief that the altcoin has resumed its uptrend toward a new all-time high? Institutional investors seem excited that the CoinShares Digital Asset…

XRP price still stagnant despite incoming Flare Network airdrop
While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over the past month, breaking out of a multiyear downtrend to regain some previously lost momentum. For example, in March, the price of XRP against…

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report
South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12.The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the Middle…

Andorra Telecom Inks New Partnership to Run Blockchain Node
Andorra Telecom has entered into partnership with Spanish digital economy-focused non-profit Alastria to integrate blockchain technology into its internal processes, Spanish-language news outlet Diari d’Andorra reported on Aug. 1.Alastria is a consortium of over 800 non-profit organizations that launched Spain’s first national multi-sector blockchain network in a bid to facilitate the development of digital economy…

BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity
Controversial cryptocurrency payments processor BitPay is facing another PR nightmare after the company rejected a $100,000 donation to an Amazon rainforest charity.BitPay leads Amazon Watch to compliance dead endAccording to a social media complaint by Amazon Watch, an organization which seeks to support the Amazon rainforest’s ecology and indigenous peoples, the payment failed to pass…

Semler Scientific buys another $23M in Bitcoin
The company now owns more than $192 million worth of BTC and touts a "Bitcoin yield" of more than 99%, it said.

DeFi projects rush towards Layer 2 as Ethereum clogs up
Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out the…