Losses mount, Winklevii bet on public markets

Losses mount, Winklevii bet on public markets

Cryptocurrency firms have increasingly dominated the IPO landscape in recent months, with stablecoin issuer Circle and exchange Bullish grabbing headlines. Bullish’s debut on Wednesday made it only the second publicly traded crypto exchange in the U.S., after Coinbase Global. Gemini wants to be next. Gemini’s IPO pitch comes with heavy losses attached The firm confidentially … Read more

Grayscale unleashes GDOG, Wall Street’s spot Dogecoin ETF

Grayscale unleashes GDOG, Wall Street’s spot Dogecoin ETF

Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Dogecoin ETF. The ETF would trade under the ticker “GDOG” on NYSE Arca. Summary Grayscale files S-1 with SEC to launch spot Dogecoin ETF under ticker GDOG Coinbase Custody will safeguard DOGE holdings, with passive ETF structure … Read more

Ethereum Price Rejects at ATH as ETF Flows Reverse and SBET Drops

Ethereum Price Rejects at ATH as ETF Flows Reverse and SBET Drops

Ethereum’s rally stalled just 1.94% below its November 2021 all-time high of $4,878 before sellers forced a pullback. Now, ETH USD is trading near $4,450, retreating after a +29% climb in the past 30 days. The inability to break through resistance highlights the technical overhang that continues to cap upside momentum even as institutional flows … Read more

Ethereum ETF inflows hit 8-day streak as markets eye $5k price breakout

Ethereum ETF inflows hit 8-day streak as markets eye k price breakout

The U.S.-based exchange-traded funds are once again on a winning streak, strengthening market confidence in Ethereum ETF inflows and the asset’s price trajectory. Summary U.S. Ethereum ETF inflows recorded $639.6 million in inflows on August 14, marking their eighth consecutive day of inflows. Total inflows over the past eight days have reached about $3.7 billion, … Read more

Hedera tokenization expands with new institutional fund offerings through KAIO

Hedera tokenization expands with new institutional fund offerings through KAIO

KAIO is bringing three major funds—including BlackRock ICS US Dollar Liquidity Fund—onto Hedera, expanding the network’s RWA tokenization ecosystem. Summary Three prominent funds are now available as tokenized assets on Hedera through KAIO. The development furthers Hedera’s growing RWA tokenization ecosystem, building on Archax’s recent deployment of token contracts for major institutional money market funds. … Read more

Trump Crypto Saga: PPI Data, Geopolitical Stalls, Institutional Plays, And Finding The Best Crypto To Buy

Trump Crypto Saga: PPI Data, Geopolitical Stalls, Institutional Plays, And Finding The Best Crypto To Buy

Before Trump flexed the US air force to Putin yesterday, the crypto market began with huge optimism, with Bitcoin floating at the $120,000 area. Following it, crypto experienced mixed sentiments. Bitcoin recorded an all-time high(ATH)of $124k, with Ethereum flying just 3% shy of its ATH, which was then followed by 5-6% dips across the whole … Read more

SEC files status report on Ripple XRP appeals pending court decision

SEC files status report on Ripple XRP appeals pending court decision

Key Takeaways The SEC and Ripple Labs have jointly requested to dismiss their respective appeals in the ongoing legal case concerning XRP. Both parties filed a joint stipulation to dismiss the appeals process, which is now awaiting approval from the Court of Appeals. Share this article The US Securities and Exchange Commission (SEC) has filed … Read more

Former Pump.fun Developer Pleads Guilty to $2 Million Solana Heist

Former Pump.fun Developer Pleads Guilty to  Million Solana Heist

Jarett Dunn, a former developer at the Solana-based memecoin platform Pump.fun, has pleaded guilty to fraud by abuse of position and transfer of criminal property. He admitted to stealing nearly $2 million in SOL from the project shortly after joining the team. Dunn is currently being held in a London prison after breaching bail conditions. … Read more

Wall Street Giants Double Down on Bitcoin via ETFs and Equities

Trump Crypto Saga: PPI Data, Geopolitical Stalls, Institutional Plays, And Finding The Best Crypto To Buy

Wall Street’s interest in Bitcoin is becoming harder to ignore. Major financial institutions are doing more than just testing the waters; they’re wading in with conviction now. Recent filings reveal that firms like Wells Fargo, Cantor Fitzgerald, and Jane Street are significantly increasing their exposure to Bitcoin through both ETFs and equity positions. Wells Fargo … Read more