Browsing yearly archive

2024

Grayscale wants to convert its mixed-crypto fund into an ETF

Grayscale filed to convert its $524M Digital Large Cap Fund into an ETF The fund includes BTC, ETH, Solana, XRP, and Avalanche among its holdings This is Grayscale’s third ETF conversion after its Bitcoin and Ethereum funds Grayscale Investments has taken a significant step toward expanding its suite of cryptocurrency-based financial products by filing with […]

Pennsylvania House passes bipartisan Bitcoin bill

Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill seeks regulatory clarity to the digital assets industry, including on self-custody, payments and taxation. Pennsylvania has passed “The Bitcoin Rights Bill”, a new legislation that seeks regulatory clarity to the crypto industry. While the US […]

Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren

Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues. Ripple supports Deaton’s campaign while also backing Kamala Harris’s candidacy. Ripple CEO Brad Garlinghouse has thrown his support behind Republican John Deaton in his bid to unseat incumbent Senator Elizabeth Warren in Massachusetts. […]

Arkham: Tesla still owns $780m in Bitcoin following wallet movement

Tesla has split the 11,509 Bitcoin across seven wallets Arkham Intelligence said some have speculated that the move was to a crypto custodian Tesla remains the third largest publicly traded Bitcoin company being MicroStrategy and Marathon Digital Holdings Tesla still owns 11,509 Bitcoin despite the wallet movement last week, according to a blockchain analytics company. […]

River introduces Bitcoin interest on cash deposits feature

River has announced a new feature dubbed, ‘Bitcoin Interest on Cash’ The product allows customers to get BTC for interest earned on their cash deposits. The US-based platform will offer a 3.8% interest on the cash deposits. User funds are FDIC-insured via its partnership with Lead Bank, the exchange said in a press release. River, […]

Ethereum price: Analyst points to potential short-squeeze

Ethereum price traded near $2,600 as crypto experienced a brief lull. A CryptoQuant analyst says ETH could witness a short squeeze, but points to $2.7k as key resistance. Ethereum traded to near $2,750 on Oct. 21, rising amid broader gains for the crypto market as Bitcoin shot past $69,000. However, with BTC dipping, the ETH […]

Tap Protocol delays TAP token distribution event

Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024. TAP, with a total supply of 21 million, will go live on Bitcoin and Ethereum Tap Protocol, a decentralized finance platform on Bitcoin, has announced that its anticipated token distribution will now occur on October 23, 2024. The […]

Bitcoin steadies at $68k, meme coins surge as focus shifts to Poodlana

Bitcoin price has recorded its second week of consecutive gains; ending the week steady above the resistance-turn-support zone of 68,000. On Friday, it hit a level last recorded in late July after rallying by 17% in about a week. At the time of writing, BTC was trading at $68,440.47.  Risk-on sentiment continues The risk-on mood […]