Crypto News

What’s the Deal with XRP ETFs? The Latest Craze in Cryptocurrency Investment So, you might have heard about CoinShares submitting a filing to the SEC for a spot XRP exchange-traded fund (ETF). But what exactly does this mean? And why should you care? Well, first off, let’s break it down. An ETF is basically a…

Ai16z and the Future of AI Altcoins Recent Struggles Ai16z, the Solana-based altcoin designed to tap into the booming Artificial Intelligence (AI) sector, has been facing some challenges in the market recently. With a significant dip in price, many investors and experts are questioning whether this token’s best days are already behind it. The sudden…

A New Era in Cryptocurrency Investments: Grayscale’s Bitcoin Adapters ETF Introduction American crypto asset manager Grayscale Investments has recently announced its plans to launch a new Bitcoin Adapters ETF product in the United States. This move marks a significant development in the world of cryptocurrency investments, as it provides investors with a new way to…

Nasdaq’s Amended Rule Proposal for iShares Bitcoin ETF Introduction In a recent regulatory filing on Jan. 24, Nasdaq has submitted an amended rule proposal to introduce in-kind redemptions for BlackRock’s iShares Bitcoin ETF (IBIT). This adjustment would allow the ETF to directly transfer Bitcoin (BTC) to investors during redemptions, avoiding the need to convert holdings…

Bitcoin Dominance Surges as Altcoins Struggle The Current State of the Cryptocurrency Market As Bitcoin continues to strengthen its market dominance, the world of altcoins is facing some tough challenges. The Altcoin Season Index has been showing sharp declines, indicating a shift in investor sentiment towards the king of cryptocurrencies. Bitcoin’s Rise to the Top…

The Impact of SEC Rescinding SAB No. 121 on Crypto Custody An Overview of SEC’s Recent Announcement The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions….

THORChain: The OG DeFi Chain Founded in 2018, THORChain has quickly risen to fame within the decentralized finance (DeFi) space. This OG chain has made a name for itself with its innovative cross-chain swaps, known as THORSwap. But THORChain is not just about swapping tokens – it has since expanded its offerings to include lending…

Expanding Crypto Business in the Age of Trump The Trump Administration and Global Banking Giants As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses. The shift in leadership has brought about a sense of excitement and opportunity for those looking to delve deeper…