Solana, XRP ETFs could attract billions in new investment — JPMorgan
Solana ETF applications are nearing the deadline for a preliminary decision before the end of January, days after President-elect Donald Trump’s inauguration on Jan. 20.
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FCA cracks down on the ads of high-risk assets, but not crypto
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors. 58 Total views 3 Total shares British Financial Conduct Authority (FCA) demands clearer and more prominent risk warnings from the companies marketing high-risk investments. Certain investment incentives, such as refer a friend bonus, will be banned altogether. In a note published on Aug.…
Crypto contagion deters investors in near term, but fundamentals stay strong
The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every other day. To this point, since the start of May, a growing number of major crypto entities have been tumbling like dominoes, with the trend likely to continue in the near term.The…
Ethereum developers target March 2023 for Shanghai hard fork
Users will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live. 131 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTAccording to a discussion at the 151st Ethereum Core Developers Meeting on Dec. 8, core programmers set a tentative deadline of March…
Largest Chinese Newspaper to Launch Blockchain Lab After New Deal With Tech Company
The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory Oct. 23, according to a press release.People’s Capital signed a deal with Shenzhen-based technology company Xunlei Limited. Per the terms of the agreement,…
Analyst on $17.6K BTC price bottom: Bitcoin ‘not there yet’
Bitcoin's (BTC) market behavior is not yet “synonymous” with previous bear market bottoms, one of the leading crypto analysts argues.In a Twitter thread on Sept. 14, statistician Willy Woo, creator of data resource Woobull, offered three examples of why BTC/USD should still have further to fall.Despite many calling a new macro price bottom during June’s…
Michael Saylor snubs claims he doesn’t use Bitcoin Lightning Network
The executive chairman of MicroStrategy, Michael Saylor, does not like to be called out. He responded to a poll shared by Eric Wall, a crypto researcher, that suggested he had not used Bitcoin’s (BTC) layer-2 Lightning Network more than three times with a Twitter poll of his own.The correct answer is Yes, and I will…
FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. 2820 Total views 13 Total shares The United States Treasury Department may have accidentally widened the window of opportunity for anyone wishing to submit comments regarding the Financial Crimes Enforcement Network's new…
Russia has imported its largest Bitcoin miner batch
An unknown client in Russia has stacked 20,000 Bitcoin miners at one of BitRiver’s locations in Siberia. 2240 Total views 12 Total shares Russia has reportedly imported thousands of cryptocurrency mining devices amid a massive surge in the crypto market.A senior executive at BitRiver, the largest crypto mining colocation services provider in Russia, claimed that…