Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
Based on the present rate of outflows, ETHE’s ether reserves may be exhausted in a relatively short timeframe, potentially within weeks.
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Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings
Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news was reported by Bloomberg on April 15.As previously reported, Monex acquired Coincheck in April 2018 in the wake of…

Europe’s central bank is concerned about possible runs on stablecoins
Stablecoin runs could occur if users lose confidence in the issuer or its network. The European Central Bank has warned the global community about the risks of so-called “stablecoin runs.”Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or its network,…

Telegram-linked Toncoin soars 50% in May for these 3 reasons
Toncoin is poised for a potential 20% increase in the upcoming weeks, mirroring a bullish fractal pattern previously observed in February 2024.

Crypto investment firm CoinShares opens hedge fund division for US investors
CoinShares’ subsidiary and broker-dealer registered with FINRA will be conducting marketing activities for the new hedge fund division in the United States. 101 Total views 5 Total shares Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate.CoinShares officially announced the news

Gold hits four-month high following crypto crash
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March. 10656 Total views 3 Total shares In the aftermath of the Mid-May crypto market sell-off, gold has seen significant price recovery.Gold prices continued to inch higher on Tuesday, hitting $1,887 per ounce at…

Game Developers Can Implement Cryptocurrency Alternative to Ad Revenue
Independent game developers face an almost insurmountable hurdle in their quest for success. Without a marketing budget, many have to give away their work for free. Their only hope is to recoup some of the development cost through in-game advertisements or micro-transactions — both of which are off putting to many potential players.Blockchain development team,…

Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump. 558 Total views 4 Total shares It's not yet known whether Binance's recent news of being temporarily suspended from the U.K.’s financial system is the main driver behind today's Bitcoin (BTC) price drop. As Cointelegraph reported,…

‘The war room was despondent’ — Scaramucci recounts FTX collapse at Consensus
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse. 167 Total views 1 Total shares Own this piece of history Collect this article as an NFTOn April 27, Skybridge founder Anthony Scaramucci revealed what the final days of FTX were like, claiming that most employees of the failed…