Category: crypto

The SEC delayed approval decisions for various altcoin-based exchange-traded funds (ETFs) on March 11, including filings for Dogecoin, XRP, Litecoin, and Cardano. Despite the delays, the approval odds for these ETFs this year are still relatively high, with Litecoin leading at a 90% probability of approval. Regulatory conditions in the US could further improve the…

StarkWare has established a Strategic Bitcoin Reserve to hold a growing share of its treasury in BTC. The company is integrating Xverse, a Bitcoin wallet, into its Starknet Layer 2 network. They are also exploring OP_CAT for Bitcoin-to-Starknet bridges and other bridge models to bridge Bitcoin and Ethereum for greater liquidity and user adoption.

Clearstream, a subsidiary of Deutsche Börse, will launch crypto custody services for institutional clients in April, starting with Bitcoin and Ethereum. The move is part of Deutsche Börse’s expansion into digital assets, with plans to include more cryptocurrencies in the future. This development follows Crypto Finance securing a MiCA framework license, ensuring regulatory compliance across…

Coinbase has received approval from India’s Financial Intelligence Unit to re-enter the country’s crypto market, with plans to launch retail trading services. The company aims to work closely with regulators for responsible crypto adoption. India’s growing tech sector and blockchain developer base make it a key market for Coinbase’s global expansion strategy, emphasizing the potential…

Paolo Ardoino, CEO of Tether, discussed how USDT stablecoin adoption in developing nations creates a decentralized market for US debt. He warned about BRICS nations challenging US dollar supremacy through gold accumulation. Ardoino believes Bitcoin will eventually replace the dollar, but for now, USDT plays a crucial role in supporting dollar dominance globally.

Bitwise Asset Management has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), allowing investors exposure to companies with significant Bitcoin reserves. The ETF follows the Bitwise Bitcoin Standard Corporations Index, including firms with Bitcoin in their treasuries. Companies must hold at least 1,000 BTC to qualify for inclusion and are weighted based on Bitcoin ownership.

The Cboe BZX Exchange has requested SEC approval for staking in the Fidelity Ethereum Fund (FETH). Staking involves locking ETH to secure the network and generate rewards. If approved, staking could offer investors additional income. The filing outlines benefits of staking and establishes strict guidelines to protect the fund’s assets. Industry players have advocated for…

Holesky, an Ethereum testnet, recently regained finality after experiencing instability for almost two weeks. This disruption had delayed testing for the Pectra upgrade, but now validators can resume testing on the testnet. Solo stakers are advised to use the Ephemery testnet for independent testing. Despite challenges, developers are optimistic about the upcoming hard fork.

Bitcoin and the wider crypto market have experienced a significant drop in prices due to macroeconomic concerns, with BTC falling 2.2% to $81,376 and ETH dropping 10% to $1,760. Other major assets like SOL, XRP, ADA, DOGE, and BNB also recorded losses. The sell-off led to $906 million in liquidations, with fears of a recession…

Texas has introduced a second crypto reserve bill, allocating up to $250 million for Bitcoin and other digital assets from the state’s economic stabilization fund. This marks the state’s second attempt at establishing a digital asset reserve, with bipartisan support in the Senate. The bill would take effect on Sept. 1, 2025, aligning with trends…