Author: Chris Smith
Fidelity Executive: Investors Should Invest in BTC
Reading Time: < 1 minuteMatt Horne, the head of digital asset strategies at Fidelity Investments, emphasized the importance of allocating at least a small portion of one’s investment portfolio to Bitcoin, regardless of their stance on the decentralized currency.
Daily Inflows into Bitcoin ETFs Hit $887M
Reading Time: < 1 minuteAccording to initial data, the United States has witnessed the second-highest net inflow day for Bitcoin exchange-traded funds (ETFs) with $886.6 million.
Bernstein: Spot Ethereum ETFs Approvals by SEC Not Politically Driven
Reading Time: < 1 minuteAfter the Securities and Exchange Commission (SEC) surprisingly approved spot Ethereum exchange-traded funds last month, there were speculations that this was a result of a shift in political stance.
Daily Inflows into US Spot Bitcoin ETFs Reach $105M
Reading Time: < 1 minuteThe 11 spot Bitcoin ETFs that were approved in the US in January have collectively attracted a total of $2.28 billion in inflows during this period, bringing the cumulative net inflows to $13.96 billion.
Hackers Steal $7M from Decentralized Exchange Velocore
Reading Time: < 1 minuteA hacker successfully used a vulnerability in the overflow logic of Velocore to manipulate a small withdrawal and turn it into a large deposit.
GameStop Shares Surge Overnight
Reading Time: < 1 minuteGameStop shares experienced a significant surge of over 19% in overnight trading after Keith Gill, also known as “Roaring Kitty,” revealed on Reddit that he holds $181.4 million worth of GME stock and call options.
JPMorgan: Spot Ethereum ETFs Will Have a Negative Impact on Market
Reading Time: < 1 minuteAnalysts at JPMorgan do not anticipate that the launch of spot Ethereum ETFs will generate the same level of demand as the launch of spot Bitcoin ETFs.
SEC Asks Ethereum ETF Issuers to Submit S-1 Form Drafts
Reading Time: < 1 minuteThe process of obtaining approval for Ethereum ETFs is well underway, with attention now turning to the S-1 forms.
Robinhood About to Finalize Settlement with GameStop
Reading Time: < 1 minuteRobinhood is currently working towards reaching a settlement with investors who sued the company for halting the trading of certain meme stocks in 2021.
PayPal’s Stablecoin Expands to Solana
Reading Time: < 1 minutePayPal’s PYUSD stablecoin, recently launched on Solana, introduces a new feature called “confidential transfers” that gives merchants the option to conceal transaction amounts for consumers while still adhering to regulations.
Bitnomial and Luxor Roll Out a Bitcoin Mining Derivatives Product
Reading Time: < 1 minuteLuxor Technology Corporation and Bitnomial Inc. have teamed up to launch a new Bitcoin mining derivative product on Bitnomial’s United States derivatives exchange.
Ledger Starts Shipping its New Hardware Wallet
Reading Time: < 1 minuteAfter a long delay, Ledger has started sending its recently released Ledger Stax hardware wallets to customers who pre-ordered them more than a year ago.
Donald Trump’s Crypto Asset Holdings Surpass $10M
Reading Time: < 1 minuteOn Monday, May 27, former United States President Donald Trump briefly held over $10 million in crypto assets, with the majority of his holdings comprised of TRUMP tokens.
Ethereum to Deploy Pectra Upgrade in Q1 2025
Reading Time: < 1 minuteThe Ethereum core development team has set a goal to release the Pectra upgrade in the first quarter of 2025 during an execution layer meeting.
Hong Kong’s Spot Bitcoin ETFs Experience Outflows
Reading Time: < 1 minuteOn Thursday, Hong Kong’s three Bitcoin exchange-traded funds (ETFs) saw a total outflow of 25.63 BTC, while the spot ether ETFs reported no movement in their assets.
Bernstein: Ethereum Will Hit $6,600 If ETFs Are Approved
Reading Time: < 1 minuteAccording to analysts at Bernstein, the SEC’s approval of spot ETFs based on Ethereum could potentially cause a significant increase in the asset’s price by 75%, rising to $6,600.
US House Approves Bill to Regulate Crypto
Reading Time: < 1 minuteOn Wednesday, the US House of Representatives passed a bill to establish a new legal structure for digital currencies, despite concerns raised by the US securities regulator about potential financial risks.
Donald Trump Will Accept Crypto Donations for His Campaign
Reading Time: < 1 minuteFormer US President Donald Trump, who is currently facing criminal charges in four jurisdictions, has announced that his upcoming campaign for the 2024 presidential election will accept cryptocurrency donations.
Craig Wright Convicted of Perjury
Reading Time: < 1 minuteJudge James Mellor rendered a written decision in the case of Crypto Open Patent Alliance (COPA) against Craig Wright, finding him guilty of perjury during the trial.
Net Inflows Into Spot Bitcoin ETFs Continue
Reading Time: < 1 minuteOn Monday, there were once again positive net inflows for US spot Bitcoin exchange-traded funds, with a total of $241.12 million being invested.
Venezuela Bans Crypto Mining
Reading Time: < 1 minuteThe Ministry of Electricity in Venezuela has announced plans to disconnect all cryptocurrency mining farms from the national electric system in order to control energy demand.
Pump.fun Exploiter Arrested in UK
Reading Time: < 1 minuteA person who used to work for pump.fun, a platform for creating and trading memecoins, has been arrested and is currently out on bail in the United Kingdom for allegedly exploiting the system for $1.9 million.
Tornado Cash Developer Appeals Verdict
Reading Time: < 1 minuteAlexey Pertsev, the developer behind the cryptocurrency mixer Tornado Cash, has appealed his conviction on money laundering charges.
CME Group to Launch Spot Bitcoin Trading
Reading Time: < 1 minuteCME Group, the world’s leading futures exchange operator, is exploring the launch of spot trading for Bitcoin.
Millennium Management Reveals $2B Investment in Bitcoin ETFs
Reading Time: < 1 minuteInternational hedge fund Millennium Management has revealed it held nearly $2 billion worth of spot Bitcoin exchange-traded-funds (ETFs) as of the first quarter of this year.

























