News BTS
Following its previous successes with Bitcoin and Ethereum ETFs, asset manager Purpose Investments filed a preliminary prospectus with Canadian securities regulators on Thursday. The filing intended to launch what would become the world’s first XRP ETF in Canada and provide investors…
Grayscale Investments launched the Grayscale Bitcoin Miners exchange-traded fund (MNRS) on NYSE Arca on Thursday, providing investors with another way to gain exposure to Bitcoin mining firms. Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS offers investors targeted, pure-play…
Liquidity in the cryptocurrency market has surged, with the total market capitalization of stablecoins recently surpassing $200 billion. This increase has historically preceded price rallies. When the liquidity impulse grows, a rally usually follows. USDT’s 30D market cap just turned positive…
Errol Musk, father of billionaire entrepreneur Elon Musk, has become the latest figure to jump into the meme coin frenzy. Following in the footsteps of former U.S. President Donald Trump and First Lady Melania Trump, who recently launched their own cryptocurrency…
Seven members of a UK gang have been sentenced to lengthy prison terms for kidnapping, torturing, and extorting a cryptocurrency investor. The group targeted their victim over several months, forcing him to transfer approximately £100,000 ($124,152) in crypto before law enforcement…
Memecoin generator platform Pump.fun is now facing a second class-action lawsuit, alleging that it violated U.S. securities laws. The plaintiff claimed that Pump.fun sold unregistered securities disguised as meme tokens. **LAWSUIT ALERT** Burwick Law and @WolfPopperLLP have filed a second federal…
Bitwise’s exchange-traded fund (ETF) tracking Bitcoin and Ether, has received initial approval from the US Securities and Exchange Commission (SEC). The “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid fund. On November 2024, the New York…
Elliott Management has reportedly cautioned that the Trump administration’s push for pro-crypto policies is fueling a speculative frenzy that could cause “havoc” when prices eventually drop. On Thursday, the Financial Times reported that the hedge fund criticized the US government for…
Overheating crypto mining rigs have caused another major fire in South Korea, emergency services in North Jeolla Province have claimed. Per the news agency Yonhap, the incident took place in the city of Muju. Fire service Officers say the fire caused…
The energy woes of the Russian Bitcoin mining hotspot of Irkutsk are intensifying, with the region’s Governor calling for a “year-round ban” on crypto mining. Irkutsk Governor Igor Kobzev was speaking at a meeting of the Legislative Assembly of the Irkutsk…
Circle officially launched Native USDC on the Aptos mainnet on Thursday, making the stablecoin directly accessible on the Move-based layer-1 blockchain. This eliminates the need for cross-chain bridging, streamlining transactions for users and developers. Native USDC is now live on @Aptos!…
El Salvador’s Congress has swiftly approved amendments to its Bitcoin laws, aligning with a deal struck with the International Monetary Fund (IMF) to scale back its crypto exposure. The legislative change comes as part of the country’s commitment to conditions set…