The first-ever Dogecoin ETF (exchange-traded fund) is about to launch, marking a significant moment for meme coins and the crypto world. Experts are weighing in on what this means for the future. The Meme Coin ETF Arrives Bloomberg analyst Eric Balchunas announced the upcoming launch of REX-Osprey’s Dogecoin ETF (DOJE) under the 40 Act. He…
The Avalanche Foundation is trying to raise a whopping $1 billion! This money will go into two new AVAX treasuries, essentially giant piles of AVAX cryptocurrency. This is a big deal, and it’s part of a larger trend in crypto where companies are building up their own crypto reserves to stay strong and stable. Discounted…
Ethereum (ETH) is making headlines again, thanks to a massive influx of cash from big institutional investors in the US. Institutional Money Floods In US-based Ethereum ETFs saw a huge jump in investments this week. BlackRock’s ETF alone got a whopping $74.5 million on September 11th, while Fidelity’s ETF took in another $49.5 million. In…
Alabama Senator Keith Kelley is sounding the alarm about the GENIUS Act, a new law that could seriously hurt small, rural banks. He’s worried the law might unintentionally drive away customers and their deposits. The Problem: Deposit Flight The concern is about how the law defines “comparable supervision.” If regulators aren’t strict enough, crypto companies…
Should Solana create its own stablecoin? Helius Labs CEO, Mert Mumtaz, thinks it’s a simple solution to a big problem. The Yield Leakage Problem Mumtaz argues that Solana is losing out on significant revenue. Currently, stablecoins on Solana generate yield, but that yield goes to the stablecoin issuers, some of which then invest that money…
Bitcoin’s price recently surged past $114,000, and miners are reacting differently than in the past. Instead of selling off their Bitcoin (BTC), they’re holding onto it – a major shift in their usual behavior. Miners Are Accumulating, Not Selling Data shows miners are changing their strategy. Previously, they’d often sell their BTC before a halving…
Ethereum’s price is currently hanging around some key levels, taking a breather after its earlier surge. While some other cryptocurrencies have seen small gains and Bitcoin is just kind of drifting, Ethereum’s price is showing signs of slowing down as traders wait to see what happens next. Institutional Investors are Bullish on ETH Despite this…
Ethereum’s price has been a bit up and down lately, but one thing’s for sure: people are really into staking it. Staking is Exploding! A recent report shows a huge jump in Ethereum (ETH) staking. Loads of ETH is locked up, showing strong belief in Ethereum’s future. We’re talking over 36 million ETH, which is…
Bitcoin’s price is hovering around $113,000, but it’s not quite breaking through. The market’s a bit jittery, and investors are cautious. While the price has recovered some ground, it hasn’t really taken off, leaving traders unsure what’s next. Miner Outflows at Record Lows Adding to the uncertainty, new data shows that Bitcoin miners are moving…
Kyrgyzstan is seriously considering creating a national Bitcoin reserve and a government-backed Bitcoin mining operation. A National Bitcoin Reserve and Mining Operation The Minister of Economy and Trade, Bakyt Sydykov, recently announced plans to amend the law “On Virtual Assets” to include “state mining” and a “state cryptocurrency reserve.” This reserve would be built using…
