Your Daily Dose of Fresh, Reliable News.
Fidelity Solana ETF Approval Awaits SEC Review The Cboe’s application for the Fidelity Solana ETF is currently under review by the US Securities and Exchange Commission, marking a significant step toward trading the Fidelity Solana Fund. This filing is part of a growing trend among exchanges and fund sponsors to launch cryptocurrency ETFs, particularly those…
Brazil’s Data Watchdog Upholds Cryptocurrency Payment Ban In a significant move, Brazil’s National Data Protection Authority (ANDP) has enforced a ban on cryptocurrency payments linked to the World ID project, highlighting growing concerns over user privacy in digital financial systems. The decision, announced on March 25, rejects a petition from developer Tools For Humanity, maintaining…
Exploring Bitcoin’s Revolutionary Impact on the Economy The rise of Bitcoin is reshaping the global economic landscape, reminiscent of the transformative gold rush of the 19th century. With over $2 trillion in market value, this digital asset is not just creating millionaires but also sparking discussions around monetary sovereignty and regulatory change. Credit: Image by…
Bitcoin Eyes $90K Resistance Amid Market Recovery Bitcoin’s recent price strength mirrors a rebound in stocks, with traders hopeful for a successful reclaim of the pivotal $90,000 mark. However, significant resistance remains as the market navigates external pressures from upcoming trade tariffs and potential market manipulations. Credit: Image by Yahoo via YAHOO NEWS Understanding Bitcoin…
Trump Tariffs Impact: Bitcoin Plummets Below $80K After a promising rally, Bitcoin has dipped below $80,000 amidst the chaotic tariff policies enacted by Trump, leaving crypto investors anxious and uncertain. As mixed signals from the White House continue, market sentiment hangs in the balance, igniting fears of further declines as the April 2 deadline for…
CME Group to Pilot Tokenization Technology for Finance The CME Group is set to revolutionize capital markets by piloting cutting-edge tokenization technology in collaboration with Google Cloud Universal Ledger (GCUL). This innovative approach promises to enhance efficiency in collateral management, margin settlements, and fee payments as the finance industry embraces 24/7 trading. Credit: Image by…
Abracadabra.Money’s GMX Pools Hacked for $13 Million In a shocking breach, decentralized lending protocol Abracadabra.Finance has lost approximately $13 million in an exploit that targeted its GMX token pools. This incident follows a previous hack earlier this year, raising fears about the security of DeFi protocols and impacting the value of its Magic Internet Money…
BlackRock’s Tokenized Money Market Fund Reaches New Heights As BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expands its reach to the Solana network, the tokenized money market fund is on track to surpass the $2 billion milestone, demonstrating unprecedented growth in the real-world asset tokenization space. Credit: Image by Yahoo via YAHOO NEWS Background and…
Crypto-Friendly eToro Files for US IPO with $5B Target eToro, the popular trading platform, has publicly announced its filing for a US IPO, aiming for a valuation of $5 billion after previous attempts to go public. This significant step was revealed in a recent registration statement submitted to the SEC, indicating plans to list on…
Bitcoin Could Surge as PCE Inflation Report Approaches With the Personal Consumption Expenditures (PCE) inflation report set to release on March 28, analysts predict Bitcoin could soar to $110,000, fueled by easing macro risks and heightened investor appetite for risk assets. Credit: Image by Yahoo via YAHOO NEWS Understanding the Implications of the Bitcoin PCE…
