Category: Latest news

[ad_1] The SEC has opened comments on Grayscale, Fidelity, and Bitwise‘s applications to launch spot Ethereum exchange-traded funds (ETFs). The notices apply to proposed rule changes through which two exchanges — Cboe BZX and NYSE Arca — aim to list and trade shares of the three funds. Comments are open for 21 days following publication…

[ad_1] VanEck believes that Ethereum‘s Layer-2 protocols will hit a collective $1 trillion market capitalization by 2030, according to a new research report published on April 3. The prediction was revealed in a detailed analysis led by VanEck senior investment analyst Patrick Bush and head of digital research Matthew Sigel. VanEck’s forecast of a $1…

[ad_1] Lithuania is set to impose strict licensing requirements on crypto firms by 2025, which will significantly reduce the number of companies able to operate in the country. Central bank board member Simonas Krepsta told Bloomberg on April 3 that the move aims to establish robust oversight for the industry as digital assets are increasingly…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] Quick Take During the 2013 Cyprus financial crisis, Bitcoin’s reaction provided an early indication of its potential as a “risk-off” asset and alternative safe haven. The instability in Cyprus’s banking system was attributed to lax regulation within the sector and overextension among property developers, as reported by The Guardian. Before the crisis escalated, on…

[ad_1] US-based crypto exchange Coinbase is finally integrating Bitcoin Lightning network after several promises by the exchange CEO Brian Armstrong. In an April 3 statement, Lightspark, a lightning network-based payment infrastructure provider, revealed that it was selected by the crypto exchange to facilitate the integration of Bitcoin Lightning Network. Under this partnership, Coinbase will leverage…

[ad_1] The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) have announced the launch of the Digital Securities Sandbox (DSS) on April 3. The new framework aims to facilitate the use of emerging technologies, such as distributed ledger technology (DLT), in issuing, trading, and settling financial securities. It will allow participating firms…

[ad_1] The Nigerian Government has engaged the International Criminal Police Organization, Interpol, to facilitate the extradition of Binance executive Nadeem Anjarwalla, who is currently on the run, as reported by local media outlet Punch. Meanwhile, Binance has urged the Nigerian authorities to release its other executive, Tigran Gambaryan, currently within their hold. The firm said:…

[ad_1] Stablecoin supply on the layer-1 blockchain network Solana has increased steadily since the beginning of the year, crossing the $3 billion mark during the past week. Data from the blockchain analytical platform Artemis shows that the stablecoin supply on the network has increased by 55.72% in the last three months to reach $3.12 billion.…

[ad_1] Quick Take Bitcoin (BTC) exchange-traded funds (ETFs) on Apr. 2 experienced a moderate net inflow of $40.3 million, according to Farside data. Particularly noteworthy is the Grayscale Bitcoin Trust (GBTC), which saw a relatively smaller outflow of $81.9 million, signaling a significant slowdown from previous outflows. GBTC has now totaled $15,152.0 billion in net…