STKD launches Bitcoin and gold ETF as ‘debasement trade’ gains traction
The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.
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Crypto News From the German-Speaking World: Sept. 2–8 in Review
The German-speaking world continues to see lots of developments in the crypto industry, with the German government clarifying proposed regulations, Switzerland adding a new blockchain hub, while Bitcoin (BTC)-scammers are using Austrian celebrities in fake crypto ads.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch.German…

Ethereum Foundation Announces Annual Funding, Next Devcon Location
The Ethereum Foundation is planning to spend $30 million on different projects across the ecosystem over the next 12 months, the company’s executive director Aya Miyaguchi revealed at the ConsenSys’ Ethereal Summit on May 10.In the course of the next year, the Foundation is going to allocate funds for improvement of Ethereum’s performance and security,…

MicroStrategy announces debt buyback amid potential tax on BTC gains
According to data from SaylorTracker, MicroStrategy shares are currently trading at a net asset value (NAV) of 1.86x.

PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B
The lion’s share of the fintech’s held cryptocurrency assets lies in BTC and ETH with $499 million and $362 million, respectively — up more than 56% since Q4 2022. 518 Total views 11 Total shares Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filed to the United States Securities and Exchange…

Libra Association Appoints Former FinCEN Head as General Counsel
On May 19, the Libra Association, the organization behind Facebook’s Libra stablecoin project, announced the appointment of Robert Werner as its general counsel, in what seems to be a continuing strategy to reconcile with regulators.Werner brings vast experience from both the public and private sectors, including serving as the director for the Finance Crimes Enforcement…

Price analysis 5/10: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, LINK
The astronomical rally in Ether (ETH) is not showing any signs of slowing down. The bulls easily cleared the overhead hurdle at $4,000 today, which also pushed the biggest altcoin’s market dominance to over 19%. It is not only Ether that is witnessing sharp buying from traders. Litecoin (LTC) and Cardano (ADA) have also risen new…

Crypto liquidity provider GSR receives regulatory approval in Singapore
The license allows GSR to provide crypto and fiat-related services to Singaporean residents and entities. Cryptocurrency trading firm and liquidity provider GSR's Singaporean subsidiary, GSR Markets Pte. Ltd, has received an in-principal approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. "GSR is proud to have met the rigorous admission

Media companies grapple with AI both inside and outside newsrooms
Many leading media companies have taken a stance against allowing artificial intelligence (AI), like OpenAI’s ChatGPT, into their newsrooms and have withheld permission for AI to scan their content on the web. It has been reported that multiple mainstream media companies, including CNN, The New York Times and Reuters, have coded their platforms to stop OpenAI’s web…