Crypto news

Asset managers continue to actively explore digital asset products, with Bitwise poised to launch trading for two Ethereum-themed ETFs next week. The release of the two products is expected to enable investors to gain exposure to CME Ether futures through the widely popular and regulated ETF format for the first time. Bitwise’s Ethereum-Themed ETFs One of the crypto index fund managers – Bitwise – announced that the trading of the Bitwise Ethereum Strategy ETF (AETH) and the...

Ripple’s XRP has been one of the most popular cryptocurrencies throughout the last few years, and not without a good reason. The lawsuit between the United States Securities and Exchange Commission and Ripple has been going on for a few years now, and it seems to be entering its decisive stage. The impact it’s had on the price of XRP has been undeniable, as the cryptocurrency failed to produce new highs during what was arguably the biggest bull run so far – during 2021. That...

Bitcoin’s price movements continue to be rather unimpressive but the asset has nevertheless managed to stand just above $27,000. The altcoins have also seen minor gains, with SOL and MKR popping up as today’s top performers. BTC Above $27K Last weekend didn’t go all that positive for bitcoin, as the asset spent it trading sideways at $26,600. The start of the new week was more painful. In a matter of hours, BTC slumped by several hundred dollars and dipped below $26,000....

In a significant stride towards bolstering fan engagement, the Chiliz chain and Socios collaborated with premier league club Tottenham Hotspur to launch the SPURS Fan Token. As per the Chiliz CEO, Alexandre Dreyfus, the recent launch positions Tottenham as the seventh Premier League club to join the burgeoning global sports ecosystem, showing interest in innovation and resilience amidst volatile market conditions. Spurs Token to Redefine Fan Engagement The SPURS Fan Token,...

Oracles serve as bridges between the worlds of on-chain and off-chain, enabling blockchains to tap into real-world information. Whether it’s retrieving crypto asset prices or fetching the outcomes of a soccer game, oracles can access a wide range of external data, which can then be easily incorporated into the crypto ecosystem. While oracles significantly enhance the functionality of blockchain networks by enabling the execution of tasks guided by real-world inputs, exploits...

Nassim Nicholas Taleb – the author of “Back Swan” and one of the world’s biggest crypto skeptics – commented on social media that the volume chart for BTC, the world’s number one digital currency, has been in a downward spiral since late 2020. Nicholas Taleb on How BTC is Easy to Manipulate In other words, while the price has shown signs of recovery, the volume of BTC hasn’t, which could make the currency easier to manipulate and lead to other problems. Taleb...

Binance – the world’s largest and most popular digital currency exchange – may not remain in Europe, according to various analysts. What Will Happen with Binance in Europe? Right now, Binance is being hit from both sides. In the U.S., for example, regulations are coming down hard. The company is the victim of a lawsuit filed against it by the Securities and Exchange Commission (SEC), and it has stated that it may shut down its America-based unit as a means of...

Ethereum (ETH) may now present advantages to institutional investors over Bitcoin (BTC), according to Fidelity’s Director of Research, Chris Kuiper. During an interview with the Bankless podcast on Wednesday, Kuiper argued that legacy finance is “getting past the Bitcoin point” in terms of its understanding of crypto at large, opening its minds to other digital assets. Institutions Moving Beyond Bitcoin According to Kuiper, one of the key factors boosting Ethereum’s...

Bitcoin provider Azteco recently garnered as much as $6 million through a new funding round led by Jack Dorsey, the man behind both Block and (formerly) Twitter. The money will go towards introducing bitcoin gift cards to ensure everyone has crypto’s spending power at their fingers. Azteco Gets a Lot of Money In an interview, Dorsey said: My contribution to Azteco comes out of a deep respect for their mission. The unbanked population is immense. We have the...

Ripple’s XRP is undoubtedly one of the most popular cryptocurrencies, with a strong community of devoted supporters and millions of holders. The coin is one of the veterans in the industry and has consistently been a part of the top 10 largest cryptocurrencies by means of total market cap for many years now. However, in December 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple, alleging that XRP is a security and, therefore, claiming...