Will crypto’s largest meme coin eventually make its own mark on Wall Street? Following the approval of spot Bitcoin and Ethereum ETFs this year, asset managers have already filed applications for other products enabling investors to gain exposure to digital assets through a traditional brokerage account. And it should be expected that firms will keep pushing the envelope further, according…
Category: News
Hollywood is planning a Sam Bankman-Fried movie based on Going Infinite
Apple Studios and A24 are reportedly planning to adapt Michael Lewis’ book on the rise and fall of the former FTX CEO into a feature film. Source: https://cointelegraph.com/news/sam-bankman-fried-ftx-movie-michael-lewis-going-infinite?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana beats Ethereum’s economy for the first time in October
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric. Source: https://cointelegraph.com/news/solana-beats-ethereum-economy-first-time-october?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Genius Group Stock Pumps Amid MicroStrategy-Like Bitcoin Treasury Plan
AI firm Genius Group has announced it will top up its coffers with Bitcoin, revealing a MicroStrategy-inspired treasury reserve strategy shortly after the digital asset’s price soared to another new all-time high. The company plans to purchase $120 million in Bitcoin as part of its latest business plan, holding the token as a long-term reserve asset. Ultimately, Genius Group aims…
3 reasons why Ethereum price is headed toward $4K
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000. Source: https://cointelegraph.com/news/3-data-points-suggest-ethereum-price-could-hit-4-k-in-the-short-term?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi Technologies launches SolFi as "Microstrategy for Solana"
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said. Source: https://cointelegraph.com/news/de-fi-technologies-spins-out-solana-investing-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canary Capital applies to launch spot HBAR exchange-traded product
The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products. Source: https://cointelegraph.com/news/canary-capital-sec-launch-hedera-hbar-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Crypto Litigation Releases – October 2024
The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. […] Source: https://news.bitcoin.com/sec-crypto-litigation-releases-october-2024/
Trump’s Likely Pick for Treasury Secretary Is a Bitcoin Believer
Donald Trump’s reported top pick for Treasury Secretary is an enthusiastic crypto supporter who has previously indicated support for the president-elect’s eyebrow-raising plan to establish a U.S. government strategic Bitcoin reserve. Scott Bessent, a billionaire hedge fund manager who worked closely with the Trump campaign on fundraising and economic policy, is currently the top choice among transition team decision-makers to…
Bitcoin’s Next Move: Mining, ETFs, and Post-U.S. Election Trends With Uphold’s CEO Simon McLoughlin
Uphold is a leading digital asset platform, empowering individuals and enterprises to engage with a wide range of assets—from cryptocurrencies to precious metals. Serving over 10 million users across 150+ countries, Uphold delivers a seamless experience with deep liquidity across 300+ assets, plus a robust suite of products that includes innovative storage solutions, interest-bearing accounts, […] Source: https://news.bitcoin.com/bitcoins-next-move-mining-etfs-and-post-u-s-election-trends-with-upholds-ceo-simon-mcloughlin/