-
US Regulator Approves Applications to List Spot Ether ETFs
On May 23, the US Securities and Exchange Commission (SEC) approved applications from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton to list spot Ether exchange-traded funds (ETFs). This move potentially paves the way for these products... -
Fed Survey Estimates 18 Million Americans Owned or Used Cryptocurrency Last Year
On May 21, the Federal Reserve released its latest annual survey of 11,400 households, revealing that the number of U.S. adults reporting cryptocurrency ownership or usage dropped to approximately 18 million last year. This marks a major shift in the... -
Zest Protocol Co-founder: Enhancing Programming Could Boost BTC’s DeFi Ecosystem Over ETH’s
Tycho Onnasch, co-founder of Zest Protocol, asserts that adding new programming capabilities to Bitcoin could enable it to surpass Ethereum's current dominance in the decentralized finance (DeFi) space. Onnasch suggests that the Bitcoin DeFi ecosystem has the potential to rival,... -
Donald Trump Campaign Opens Doors to Cryptocurrency Donations
The Donald Trump Campaign announced on May 21 that it will begin accepting cryptocurrency donations. This move is framed as a gesture of solidarity with those opposing "socialist government control" over the U.S. financial markets, highlighting the campaign's support for... -
Xpeng Motors Stock Surges as Q1 Earnings Beat Estimates
Xpeng Motors (NYSE: XPEV) stock is trading higher in early US price action today after the company reported an impressive set of numbers for Q1. While its revenues were well ahead of estimates, the losses narrowed and were lower than... -
ETF Analysts Predict SEC Could Reassess Spot Ether ETF Decision Due to Market Buzz
On May 20, ETF analysts James Seyffart and Eric Balchunas raised their probability of the US Securities Exchange Commission (SEC) approving a spot Ether exchange-traded fund from 25% to 75%. This shift in their prediction is based on recent discussions... -
Kraken Addresses Tether Delisting Rumors, Vows Compliance with EU Crypto Rules
Cryptocurrency exchange Kraken has addressed ongoing rumors about potentially delisting Tether's stablecoin USDT in Europe ahead of new regulations. Kraken's Global Head of Asset Growth & Management, Mark Greenberg, emphasized that the exchange has no plans to stop supporting the... -
Ripple vs. SEC Reaches Climax: Is Now the Time to Buy XRP?
Ben Armstrong, popularly known as BitBoy Crypto, recently shared his perspectives on the potential outcomes of Ripple's ongoing legal battle with the SEC. He asserts that a resolution between Ripple and the SEC could significantly boost XRP’s value. Anticipation Builds... -
French Regulator Issues Warning About Bybit Crypto Exchange
On May 16, the French financial regulator, the Autorité des Marchés Financiers (AMF), reiterated its position that Bybit is blacklisted in France. It warned that the exchange is operating illegally in the country and has the authority to block its... -
Hedge Funds Boost Alibaba Stake Amid Recovery in Chinese Tech Stocks
The recently released 13Fs show that many hedge funds have increased their stake in Alibaba and other Chinese tech stocks. The move comes amid the slight recovery in this beaten-down asset class which fell out with several foreign investors, especially...
