Helius Sets Ambitious Goal to Acquire 5% of Solana, Eyes Hong Kong Listing
Back to News Helius, a decentralized application tooling (DAT) company largely focused on the Solana ecosystem, expressed its intent to purchase 5% or more of the total Solana (SOL) tokens, thus announcing a daring growth strategy. As per the statement released recently, the company also implied that its second listing could be in Hong Kong […]
Farcaster Expands to BNB Chain as Token Climbs to Third-Largest by Market Cap
Back to News Decentralized social media protocol Farcaster revealed on Wednesday that it is extending its support to BNB Chain (previously known as Binance Smart Chain). This addition aligns with the period when BNB is witnessing a rise in demand and has recently moved past XRP to become the third-largest cryptocurrency by market capitalization, as […]
Bitwise Sets 0.20% Fee for Solana Staking ETF, Undercutting Expectations
Back to Blog Bitwise, a crypto asset manager, has disclosed the fee schedule for its upcoming Solana staking exchange-traded fund (ETF) in its recent filing with the SEC, indicating a 0.20% fee. The news is a competitive move as several companies wait for regulatory green light to launch a multitude of crypto ETFs. Analyst Reactions […]
Bank of England Plans Exemptions on Stablecoin Caps Amid U.S. Regulatory Pressure
Back to Blog According to a report from Bloomberg on Tuesday, the Bank of England (BoE) is planning to alleviate its anticipated restrictions on stablecoin holdings by allowing certain companies, including crypto exchanges, to be exempted. The decision follows a pressure the UK is facing to match the pace of the United States, which has […]
DCG’s AI Subsidiary Yuma Appoints TradeBlock Co-Founders to Executive Roles
Back to News Digital Currency Group (DCG) has broadened the leadership team of its decentralized AI spin-off, Yuma, by appointing TradeBlock co-founders Greg and Jeff Schvey to senior executive positions. Greg Schvey will be the chief operating officer (COO), and Jeff Schvey has been appointed as the chief technology officer (CTO).Yuma, a firm that commenced […]
Litecoin, HBAR ETFs Move Closer to SEC Approval as Shutdown Delays Loom
Back to News By filing an amended registration statement on Tuesday, Canary Capital has somewhat of a relief from the uncertainty of approval of its HBAR ETF. The amended registration disclosed that the exchange-traded fund (ETF) will use the ticker symbol HBR and a sponsor fee of 0.95%. The company is also planning to launch […]
Citadel’s Ken Griffin Warns of Investor Shift Toward Gold, Silver, and Bitcoin Amid Dollar Concerns
Back to Blog Ken Griffin, founder and CEO of Citadel, raised a red flag about a growing pattern in which investors are moving their money into gold, silver, and Bitcoin—what he termed a “debasement trade.” Speaking to Bloomberg, Griffin noted that market participants are finding these assets to be the least risky alternatives to the […]
SharpLink’s Unrealized Ethereum Gains Surpass $900 Million Since Treasury Launch
Back to Blog SharpLink Gaming (Nasdaq: $BET) announced that its paper gains have skyrocketed to over $900 million since it decided to manage its treasury resource with Ethereum starting early June. The company announced in a post on X on Monday when it reported to have doubled its ETH concentration in the last four months, […]
XRP Eyes $4 Breakout as Traders Predict “Phase 4” Bull Run
Back to News XRP is once again in the light as traders prepare for what could be the token’s biggest breakout in years. Hovering just below the $3.00, XRP is approaching a crucial technical level that analysts say could send prices soaring toward $4-$6, if momentum and liquidity conditions align. After the weeks of consolidation, […]
PancakeSwap Launches CakePad for Early Token Access Without Staking
Back to News PancakeSwap, the most reputable decentralized exchange (DEX) working on the BNB Chain, has come up with CakePad, a platform that would allow users to have the earliest access to token listings without any staking or lock-up requirements. The offering is a rebrand of the project’s Initial Farm Offerings (IFOs), which not only […]
Digital Asset Investment Products See Record $5.95 Billion Inflows Last Week
Back to News Digital asset investment products have attracted net inflows of $5.95 billion last week, which is the highest weekly total ever, according to CoinShares’ latest report. The increase in demand was mainly due to Bitcoin, which was the subject of inflows of $3.55 billion, followed by Ethereum with $1.48 billion. Apart from these, […]
Hong Kong SFC CEO Julia Leung to Continue for Another Three-Year Term
Back to News Bloomberg reports that the Hong Kong Securities and Futures Commission (SFC) Chief Executive Officer Julia Leung is likely to extend her retirement by three years. After she took up her position in 2023, Leung was mainly responsible for revamping the financial regulatory framework in Hong Kong, reactivating the IPO market, and also […]
