Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts.
Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment
Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox Business has confirmed the…
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance.
Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift
Nigel Green, CEO of Devere Group, an…
Solana ETF Momentum Grows Amid Reports of SEC Engagement
November 22, 2024
The SEC’s reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency market investment regulations.
Solana ETF Filings Spark New Hope
Discussions about a solana (SOL) spot exchange-traded…
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from…
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S.
Bitcoin Surpasses $95,000: A Milestone in Cryptocurrency Markets
November 21, 2024
Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing…
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
November 21, 2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations.
Token Fundraising Faces a Major Setback in a Shanghai Court Judgment
The Shanghai High Court published details on Wechat Monday about a crypto-related case highlighting the legal complexities of virtual currency activities in China. The Songjiang District…
Binance Warns of Fake Tokens Exploiting Its Name
November 21, 2024
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance…
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed.
A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout
The U.S. Department of Justice (DOJ) and the…
Grayscale's Bitcoin and Ethereum Mini ETFs See Share Prices Multiply
November 20, 2024
Grayscale Investments has finalized reverse share splits for its Bitcoin Mini Trust ETF (BTC) and Ethereum Mini Trust ETF (ETH), effective Nov. 19, 2024. These splits adjust share prices relative to their net asset values, with BTC shares increasing fivefold and ETH shares rising tenfold, while reducing the number of outstanding shares proportionally. Fractional shares resulting from the split may…
