Something massive just happened in the crypto world. The U.S. Securities and Exchange Commission (SEC) has received a new application for a Bitcoin Exchange-Traded Fund (ETF). This filing comes from a major financial player, and it could be the breakthrough the market has been waiting for. We’re talking about a potential floodgate of new money … Read more
Kalshi’s 15-minute gold markets generated nearly twice the estimated trading fees of equivalent Ether markets in September, just weeks after their August launch. The gold contracts, which let traders take positions on whether gold will rise or fall over 15-minute intervals, generated about $5 million in estimated fees during the month, compared with $2.6 million … Read more
Bitcoin Group SE says it is seeking an alternative operating model for its bitcoin.de platform after the German Federal Financial Supervisory Authority (BaFin) refused its subsidiary futurum bank AG’s application for authorization as a crypto-asset service provider under Markets in Crypto-Assets Regulation (MiCA). In an Oct. 6 announcement, the company said the BaFin decision was … Read more
Bitcoin (BTC) continued to circle $86,000 on Tuesday as US stock markets hit fresh all-time highs. Key points: Bitcoin attempted to move toward $87,000 but faces ongoing friction from ask liquidity clustered around this key level. US stock markets returned to all-time highs, with the S&P 500 Index adding 0.8% to reach 7,835 points. BTC … Read more
The UK government has appointed six major banks to lead the issuance of its first digitally native government bond, with the pilot expected by the first quarter of 2027. Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets were named joint lead managers for the Digital Gilt Instrument (DIGIT) following a competitive procurement process. Economic … Read more
A majority of affluent investors across seven of the biggest economies hold digital assets, with crypto accounting for around 10% of their portfolios on average, according to a new CoinShares survey. The survey covered 2,230 investors with at least $500,000 in investable assets across the US, UK, France, Germany, Italy, Sweden and Switzerland. Digital asset … Read more
Ethereum’s Glamsterdam upgrade has gone live on the Sepolia testnet, in one of the final major rehearsals before its mainnet activation. Glamsterdam went live on Sepolia on Tuesday at 1:53 pm UTC, Ethereum community contributor Pooja Ranjan announced in an X post. The upgrade aims to advance Ethereum’s layer-1 scaling roadmap with enshrined proposer-builder separation, … Read more
Bitcoin (BTC) outflows from largest crypto exchange Binance set multiyear records in late September, new analysis reveals. Key points: Binance net Bitcoin outflows passed 23,000 BTC in the fourth week of September, their highest in over three years. CryptoQuant analysis saw better odds of BTC/USD breaking out of its current range as a result. Whales … Read more
US spot Bitcoin exchange-traded funds (ETFs) shed $89.9 million on Monday, reversing two days of inflows as Bitcoin slipped below $86,000. Bitcoin ETFs attracted around $293 million over the previous two October trading sessions before Monday’s reversal, with total trading volume reaching $2.18 billion, according to SoSoValue data. The pullback came a day before the … Read more
Something massive is happening in the crypto world today, and it involves everyone’s favorite dog-themed coin, Shiba Inu. We’ve just learned about a groundbreaking new partnership that has the potential to send SHIB’s price soaring. This isn’t just another small announcement; this could be the catalyst we’ve all been waiting for. The big news broke … Read more