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Expert Warns of Challenges Ahead for Ethereum Spot ETF Amid SEC Scrutiny

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Author and finance lawyer Scott Johnsson weighed in on the US Securities and Exchange Commission’s (SEC) potential verdict on spot Ether exchange-traded funds (ETFs). He highlighted that the US regulator might consider “Ethereum… Continue reading Expert Warns of Challenges Ahead for Ethereum Spot ETF Amid SEC Scrutiny

Source: Midjourney

Hong Kong Crypto ETFs Records $39.3M Net Outflow in a Single Day

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 13, Hong Kong’s six spot Bitcoin and Ether exchange-traded funds (ETFs) recorded their largest net outflows since their launch on April 30. Investors withdrew $39.3 million from these Hong Kong crypto… Continue reading Hong Kong Crypto ETFs Records $39.3M Net Outflow in a Single Day

Source: Midjourney

Long-Dormant Bitcoin Whales Shift $61.2M in BTC After a Decade

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Two Bitcoin Whales’ wallets, which have been dormant for a decade, suddenly became active on May 12, as they transferred a total of 1,000 BTC, currently valued at approximately $61.2 million. Bitcoin Whales’… Continue reading Long-Dormant Bitcoin Whales Shift $61.2M in BTC After a Decade

Disney Scales Up Bundle Partnerships as It Works Towards Streaming Profits

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Disney has announced a bundle partnership with Warner Bros’ Discovery under which Disney+, Hulu, and Max would be available under one platform to subscribers in the US beginning this summer. In Disney’s release,… Continue reading Disney Scales Up Bundle Partnerships as It Works Towards Streaming Profits

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Binance Hit with $4.4M Fine by Canadian Regulator for AML and CFT Breaches

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Canada’s financial regulator announced on May 9 that it had imposed a nearly C$6 million (approximately $4.4 million) fine on global exchange Binance for breaching the money laundering and terrorist financing laws in… Continue reading Binance Hit with $4.4M Fine by Canadian Regulator for AML and CFT Breaches

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National Bank of Rwanda Takes Leap to Introduce CBDC

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In alignment with Rwanda’s aspirations for a digital economy and its ongoing digital transformation, the National Bank of Rwanda (BNR) opened its completed feasibility study on retail Central Bank Digital Currency (CBDC) on… Continue reading National Bank of Rwanda Takes Leap to Introduce CBDC