The United States Securities and Exchange Commission (SEC) is inviting public comments on a proposed rule change that could pave the way for asset management firm Fidelity to offer shares of its spot Ether (ETH) exchange-traded fund (ETF). The SEC issued a notice on November 30, encouraging “interested persons” to provide their input on the
Today, Robinhood announced the launch of its brokerage services in the UK, marking its first expansion beyond the United States. With this move, UK customers will gain access to a wide range of investment opportunities, including over 6,000 U.S.-listed stocks and American Depository Receipts (ADRs). One of Robinhood’s main goals is to encourage higher retail
Hong Kong, as a prominent city known for its dynamic financial landscape, is contemplating groundbreaking changes in its digital asset approach. In a recent proposal by Mr. Chen Zhihua, President of the Hong Kong Securities and Futures Association, the idea of introducing an “Initial Coin Offering (ICO) mechanism” in Hong Kong was put forward. This
The XRP price has shown some consolidation in recent days after experiencing a significant increase of over 52% in just 18 days from mid-October to early November. The shorter time frames indicate a clear consolidation phase. However, a closer look at the 1-month chart of the XRP/USD trading pair reveals a strong bullish trend in
MicroStrategy, a prominent business intelligence software company listed on NASDAQ, has once again made headlines with its latest Bitcoin purchase. The firm’s former CEO and founder, Michael Saylor, revealed that they had acquired nearly $600 million worth of BTC. This marks their second purchase in November, bringing their total stash to an astonishing 174,530 BTC.
The world of decentralized finance (DeFi) is no stranger to significant price movements and jaw-dropping pumps. In recent months, we have witnessed a remarkable trend in explosive DEX-traded token moves, capturing the attention of traders and investors alike. One such token that has recently erupted with an incredible pump is XCEPT token ($XCEPT), which recorded
Bankrupt crypto exchange FTX has received approval from a Delaware bankruptcy court to sell approximately $873 million of its trust assets. This move aims to repay the creditors who were negatively affected by the collapse of the exchange in 2022. The assets to be sold include FTX’s stakes in various trusts issued by Grayscale Investments,
The esports industry is constantly evolving and embracing new technologies. In an exciting development, Team Liquid, a prominent esports organization, has announced a collaboration with the NFT game, Illuvium. This partnership signifies a significant step in merging the worlds of esports and blockchain gaming, showcasing the growing adoption of innovative technologies in the global gaming
The popularity of Cardano’s ADA token has been on the rise, attracting the attention of many investors. However, one analyst from the Lady Of Crypto channel has recently expressed her reservations about including ADA in her investment portfolio. While she acknowledges the positive impact of Cardano founder Charles Hoskinson in the industry, the analyst points
The XRP community and Charles Hoskinson, the founder of Cardano, have recently sparked a fiery dispute within the cryptocurrency space. While tensions have been building for quite some time, the conflict escalated on November 28 when a prominent XRP community member, Mr. Huber, publicly called out Hoskinson on a social media platform. This article delves
