Spot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.
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Vitalik Buterin discusses his ‘excitement’ for the future of Ethereum
In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and hybrid applications were the top developments he was excited about in the Ethereum ecosystem. Buterin then described his experience in using Ether as a means of payment in a cafe…

El Salvador mines 474 Bitcoin using geothermal volcanic energy
El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years.

Australian Securities Exchange Delays Switch to Blockchain Due to COVID-19
The Australian Securities Exchange (ASX) has once again delayed its transition to the blockchain, due in part to uncertainty around the impact of the global COVID-19 pandemic.In an announcement published on March 25, ASX said it was replanning its blockchain implementation timetable in light of the unfolding crisis, as well as because of issues that…

Blockchain Analytics Firm Chainalysis Outlines User Data Policy Amid Coinbase Allegations
New York-based blockchain analytics firm Chainalysis has published an official statement clarifying that it does not collect or sell users’ personal data when it provides its services to cryptocurrency exchanges. The statement was published in a company blog post on March 5.Chainalysis is one of the highest-profile firms in the blockchain intelligence industry, providing technology…

UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded
The Law Commission's final report urges UK government to reclassify crypto assets, addressing current legal gaps.

Traders lose millions as memecoin downturn deepens
A trader who invested over $1 million in memecoins lost almost 90% of the funds in two days as meme-based tokens dropped.

Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
Despite the growing adoption of various cryptocurrency exchange-traded funds (ETFs) all over the world, the global trading community continues to ask one question: When will a spot Bitcoin (BTC) ETF go live in the United States?According to some ETF analysts, a spot Bitcoin ETF could become real in mid-2023, following years of rejection by the…

Big Macs for stacking Sats: Bad Crypto news of the week
Bitcoin continues its bull run. The coin is up more than 12 percent over the last week and is now tickling $16,000. According to the Big Mac Index, a Bitcoin will now buy as many as 6,3421.26 of the giant burgers. It’s even passed the monetary base of the Russian ruble, and is on its…