Blockchain
Bloomberg analyst predicts Solana ETF delay despite community anticipation
James Seyffart, a Bloomberg ETF analyst, has suggested a potential timeline for the launch of a Solana-based spot exchange-traded fund (ETF) Seyffart indicated that a Solana ETF might be delayed
Blockchain
U.S. Bitcoin ETFs amass 2,212 BTC in a day, led by BlackRock’s IBIT and Fidelity’s FBTC
Quick Take On May 22, Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant activity, bringing in a total of $1540 million, according to Farside data However, the breadth of these
Blockchain
House passes FIT21 crypto bill with majority bipartisan support
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22 In all, 279 representatives voted yes, 136 voted no, and 15 abstained from
Blockchain
Crypto exchanges launch anti-scam coalition in partnership with tech giants
Coinbase has formed a coalition with industry giants from across the tech sector to combine resources and expertise to tackle the growing issue of online fraud and financial schemes The “Tech
Blockchain
CryptoQuant warns of Ethereum price correction, volatility if ETF approvals waver
On-chain analytics firm CryptoQuant warned that ETH prices could fluctuate if pending spot Ethereum ETFs encounter uncertainties It warned that ETH could undergo a “significant price
Blockchain
WEF raises concerns over quantum computing risks to CBDCs, cryptographic encryption
The World Economic Forum (WEF) has issued a stark warning about the vulnerabilities in central bank digital currencies (CBDCs), urging the implementation of quantum-resistant strategies to safeguard
Blockchain
Florida court overturns Binance.US suspension order
The First District Court of Appeals in Florida has nullified an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against BinanceUS, according to a court filing on May 22
Blockchain
TRON DAO at DC Blockchain Summit
Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC
Blockchain
Bitcoin market cap nears 10% of gold as institutional interest soars – Incrementum report
Quick Take A report compiled by wealth management firm Incrementum, shared by Tuur Demeester, a researcher at Adamant Research sheds light on the growing institutional interest in Bitcoin The
Blockchain
Bitcoin’s surge above $70k sparked exchange inflows
Bitcoin dropping below $60,000 at the beginning of May spooked the market and led to significant volatility across trading products However, despite the massive volatility in derivatives, the spot
Blockchain
SEC Chair Gensler opposes today’s FIT21 vote yet White House calls no ‘veto’
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), issued a statement on May 22 expressing strong opposition to the Financial Innovation and Technology for the 21st Century
Blockchain
Slight Bitcoin difficulty increase expected, but Texas heat could impact hash rate
Quick Take According to Newhedge data, Bitcoin’s difficulty is set to adjust tomorrow at around 9 am GMT on May 23, with a slight increase expected, just under 1% This adjustment is significant