Crypto news

VanEck, the American investment firm, has filed an S-1 registration form with the SEC to issue SOL ETFs (Exchange Traded Funds) in the US. It is the first filing for a SOL ETF in the country. The cryptocurrency’s price saw 8% gains in the 24 hours following the news. The filing comes six days after another asset manager, 3iQ, filed to issue SOL ETFs in Canada. VanEck is most notably known for filing to offer ETH ETFs in the US in 2021. While it was not approved immediately, the SEC has...

On June 25, the ECB published an update on its two-year preparation phase for the digital Euro CBDC that ends in October 2025. The central bank said that privacy and data protection are its top priorities, but there are a number of disturbing features to the currency that would result in the total opposite. On June 26, crypto entrepreneur and investor Daniel Batten highlighted a few of them. JUST IN: ECB announce first progress report on the digital Euro Features:– easier to...

The free reign stablecoin issuers had in the European markets is ending on June 30 as the EU’s MiCA (Markets in Crypto Assets) regulations will enforce caps on transaction volumes and value. That means asset-referenced stablecoins not pegged to the Euro, witnessing over a million transactions or facilitating the movement of value over $215 million will need to be discontinued in the bloc. Transactions considered for the caps will include those conducted for payments of goods and services...

Crypto market intelligence provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted methods to earn yield in the world of decentralized finance (DeFi). Despite the “nearly infinite number of composable strategies” the firm claims its most optimal to stick to “straightforward strategies,” that boil down to “only a handful of different primitives.” The Best Way to Earn In DeFi The first strategy highlighted by the firm is AMM Liquidity...

Ruja Ignota, a Bulgarian national better known as CryptoQueen and founder of the $4 billion OneCoin scam, is still on the run. While there are doubts about whether she is still alive or not, the FBI has raised the stakes to $5 million for anyone providing information about her location that can lead to her arrest. A US District Court charged her in absentia on 12 October 2017 for masterminding the OneCoin Ponzi scheme. “On October 12, 2017, Ignatova was charged in the United States District...

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum fell by 3% this week, and buyers appear to struggle to defend the key support at $3,500. So far, they have managed to prevent a breakdown. If sellers maintain the pressure, ETH could have a difficult week ahead. The past five weekly candles closed with a lower low. This puts the second-largest cryptocurrency in a clear downtrend. To reverse this, ETH has to move...

PancakeSwap has launched a new prediction market on Arbitrum in collaboration with Allora, an AI and ML firm. With that, PancakeSwap lets users bet on crypto prices, with price feeds delivered directly to the platform. The novelty comes from Allora’s AI integration, the AI assisting users in making the right bets by guessing which way the price of a digital asset will swing. This is not Allora’s first rodeo in the predictions market—it has been integrated Into such platforms for various...

Spot BTC ETFs offered in the US finally witnessed net inflows on 25 June after a seven-trading-day period of consecutive outflows. They attracted about $31 million, according to SoSo Value. Before the reversal, the ETFs saw over $1.1 billion in outflows on trading days between 13 and 24 June. It is the highest amount accrued by constant outflows since $1.2 billion was flushed out of BTC ETFs between 24 April and the early days of May. Despite the inflows, BlackRock, Invesco Galaxy, Valkyrie,...

Amidst increased network activity and the price rally of its native token, TON, The Open Network ecosystem is seeing a surge in phishing attacks. Unassuming users’ TON wallets are being lured through airdrops and other deceptive methods by attackers. Telegram Users With Anonymous Numbers At Risk Yu Xian – the founder of blockchain security firm SlowMist – issued a warning about these malicious activities primarily propagating through group chats, where attackers are...

[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Pivozon, a forex robot software that is expected to change how traders approach the EURUSD currency pair on the D1 timeframe, is introduced by Dubai-based fintech Avenix Fzco. Power of the D1 Timeframe The distinctive design of Pivozon revolves around its intentional focus on the D1 timeframe, which allows the EA to detect and capitalize on points of trend reversal. Pivozon relies on advanced technical indicators...