Bitcoin ETF Hype Reemerges as Global X Amends Filing

Bitcoin ETF Hype Reemerges as Global X Amends Filing

Global X ETFs, a New York-based Exchange Traded Fund provider, has amended its filing for a spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC), bringing the hype back surrounding the product. As shared by Bloomberg ETF Analyst James Seyffart, the amended filing shows the Global X Bitcoin Trust will trade on the … Read more

Cathie Wood: Spot Bitcoin ETF Odds Are Up, But Warns Of A Snag

Cathie Wood: Spot Bitcoin ETF Odds Are Up, But Warns Of A Snag

Cathie Wood, the CEO of Ark Invest, in an interview with Yahoo Finance, provided a deep dive into the status and future prospects of a spot Bitcoin ETF. Her detailed insights offer a rare glimpse into the interactions with the Securities and Exchange Commission (SEC). Ark Invest’s SEC Engagement Wood described a significant shift in … Read more

Scandal Surrounding Fake BlackRock XRP Filing Takes New Turn

Scandal Surrounding Fake BlackRock XRP Filing Takes New Turn

Delaware state officials have referred a fraudulent filing for a BlackRock XRP fund to the state’s Department of Justice, Bloomberg reports.   This move follows the appearance of false paperwork on Delaware’s official website, which led to a temporary surge in the cryptocurrency’s value. BlackRock debunks the ETF hoax The bogus filing, which indicated the … Read more

BlackRock Issues Warning: USDT & USDC Stablecoins Put Bitcoin At Risk

BlackRock Issues Warning: USDT & USDC Stablecoins Put Bitcoin At Risk

BlackRock, the leading asset manager in traditional finance, has highlighted potential risks associated with stablecoins for investors considering its proposed iShares Bitcoin spot exchange-traded fund (ETF).  Despite BlackRock’s significant involvement in the crypto industry, such as pursuing a Bitcoin spot ETF and registering an Ethereum trust, it now emphasizes concerns regarding the impact of stablecoin … Read more

Disney Ventures Into NFT: Collaborates With Dapper Labs For Pixar And Star Wars Collectibles

Disney Ventures Into NFT: Collaborates With Dapper Labs For Pixar And Star Wars Collectibles

Dapper Labs, the Web3 game studio known for projects such as National Basketball Association (NBA) Top Shot and CryptoKitties, has made a major announcement in the non-fungible token (NFT) market. The company revealed its plans to launch Disney Pinnacle, a “cutting-edge” digital pin-collecting and trading platform.  This new platform will showcase characters from Disney’s century-long … Read more

Ethereum Fee Hits 4-Month Peak, What Does It Mean For Price?

Ethereum Fee Hits 4-Month Peak, What Does It Mean For Price?

On-chain data shows the average transaction fees on the Ethereum network have hit a 4-month high as user activity has spiked. Ethereum Average Fees Recently Hit The $5.72 Mark According to data from the on-chain analytics firm Santiment, the transaction fees on the ETH network have shot up as the cryptocurrency has recently broken above … Read more