News BTS
The Japanese Finance Minster Katsunobu Kato has promised Tokyo will review the nation’s controversial and much-maligned crypto tax laws by the end of June this year. Per the House of Representatives’ official website and a report from the Japanese-language media outlet…
Switzerland’s largest bank, UBS, is taking a major step in integrating blockchain technology into traditional finance by experimenting with digital gold investments for retail investors. With over $5.7 trillion in assets under management, UBS has successfully completed a proof-of-concept for its…
Crypto exchange Coinbase has acquired Spindl, an onchain advertising and infrastructure platform, in a move aimed at enhancing the visibility of projects built on its Ethereum layer-2 network, Base. The acquisition is part of Coinbase’s broader effort to improve onchain discovery…
Asset management firm 21Shares has officially filed with the U.S. Securities and Exchange Commission (SEC) to introduce a spot Polkadot exchange-traded fund (ETF). According to the Jan. 31 SEC filing, the proposed 21Shares Polkadot Trust would be listed on the Cboe…
Grayscale Investments has launched a new Dogecoin investment fund, giving institutional investors exposure to the popular meme coin. The Grayscale Dogecoin Trust, announced on January 31, will provide a regulated avenue for investors to gain access to DOGE, the leading memecoin…
MicroStrategy announced on Friday that it had increased its special preferred stock offering from $250 million to $584 million by planning to issue 7.3 million shares of 8.00% Series A Perpetual Strike Preferred Stock at $80 per share, a measure designed…
The European Central Bank (ECB) lowered its deposit rate by 25 basis points to 2.75% on Thursday, a move widely expected by markets. At the same time, ECB President Christine Lagarde firmly rejected speculation that Bitcoin could be added to the…
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…