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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

Canada’s Central Bank: Businesses Will Not Switch to CBDCs

Reading Time: < 1 minuteThe Bank of Canada is prepared to introduce its own digital currency if needed, but they believe that currently, most people in the country are not interested in adopting this new form of currency.

April 4, 2024July 17, 2024 Chris Smith Opinion

SEC Calls for Public Comments on Three Proposed Ethereum ETFs

Reading Time: < 1 minuteThe SEC is seeking input from the general public regarding proposed rule changes that would permit the listing and trading of shares from three spot Ether exchange-traded funds, or ETFs, on exchanges.

April 4, 2024April 4, 2024 Chris Smith News

Daily Net Outflow of Ark Invest’s Spot Bitcoin ETF Hits $87M

Reading Time: < 1 minuteAccording to data from SoSoValue, the ARKB fund from Ark Invest 21Shares saw outflows of $87.5 million on Tuesday, the highest since its debut.

April 3, 2024April 3, 2024 Chris Smith News

Staking Rewards Exceed S&P 500 Dividends

Reading Time: < 1 minuteThe current average staking reward for cryptocurrencies is 450% higher than the average dividend payout for investors in the S&P 500, even though both markets have seen strong growth.

April 3, 2024April 3, 2024 Chris Smith News

Galaxy Digital’s Net Profit Reached $296M Last Year

Reading Time: < 1 minuteIn 2023, crypto company Galaxy Digital saw a significant increase in net profit, reaching $296 million.

April 2, 2024April 2, 2024 Chris Smith News

Tether Passes Independent Security Audit

Reading Time: < 1 minuteTether, the creator of the USDT stablecoin, has announced the successful completion of its System and Organization Controls 2 (SOC 2) Type I audit.

April 2, 2024April 2, 2024 Chris Smith News

Birtish Court Orders Freezing of $8M of Assets Belonging to Craig Wright

Reading Time: < 1 minuteA UK court has authorized the freezing of £6.7 million ($8.4 million) of Craig Wright’s assets to prevent him from avoiding court expenses.

April 1, 2024April 1, 2024 Chris Smith News

Robert Kiyosaki Makes New Forecast for Bitcoin Price

Reading Time: < 1 minuteKiyosaki has announced that he now predicts that the price of BTC will reach $100,000 by September 2024.

March 29, 2024March 29, 2024 Chris Smith News

Bitwise Files Application to Launch a Spot Ethereum ETF

Reading Time: < 1 minuteBitwise has submitted a request to issue an exchange-traded fund for spot Ether, at a time when uncertainties remain about whether the Securities and Exchange Commission will give the go-ahead for such products.

March 29, 2024March 29, 2024 Chris Smith News

Court Sentences Tornado Cash Developer to 64 Months in Prison

Reading Time: < 1 minuteDutch prosecutors are seeking a 64-month prison term for Tornado Cash developer Alexey Pertsev.

March 28, 2024March 28, 2024 Chris Smith News

BlackRock CEO Was Surprised By Bitcoin ETFs Hype

Reading Time: < 1 minuteIn an interview with Fox Business, BlackRock CEO Larry Fink expressed his pleasant surprise at the growing interest among retail investors in the company’s Bitcoin ETF.

March 28, 2024March 28, 2024 Chris Smith News

Hashdex’s Spot Bitcoin ETF Begins Trading

Reading Time: < 1 minuteTidal Investments and Hashdex Asset Management announced on Tuesday that their spot Bitcoin exchange-traded fund (ETF) will begin trading in the US after rebranding from the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI).

March 27, 2024March 27, 2024 Chris Smith News

Investors Withdraw $942M from Crypto Funds

Reading Time: < 1 minuteAccording to CoinShares’ latest review, there was a significant decrease in cryptocurrency investment products from March 16 to 22, with a total outflow of $942 million.

March 26, 2024March 26, 2024 Chris Smith News

Grayscale Believes Ethereum ETFs Will Be Approved

Reading Time: < 1 minuteGrayscale remains confident that spot Ether (ETH) exchange-traded funds will be approved in May.

March 26, 2024July 10, 2024 Chris Smith News

Polygon zkEVM Blockchain Resumes its Operations

Reading Time: < 1 minutePolygon zkEVM, an Ethereum Layer 2 network launched a year ago this week, experienced a network outage that lasted for over ten hours.

March 25, 2024March 25, 2024 Chris Smith News

Goldman Sachs Hedge Fund Clients Are Turning to Crypto

Reading Time: < 1 minuteAccording to reports, Goldman Sachs’ clients have begun re-entering the crypto market this year, motivated by the SEC’s approval of spot Bitcoin exchange-traded funds.

March 25, 2024March 25, 2024 Chris Smith News

JPMorgan Predicts Halving Could Send BTC to $42,000

Reading Time: < 1 minuteWith the upcoming halving, the pressure is expected to increase, potentially leading to a collapse in Bitcoin’s value to $42,000.

March 22, 2024July 10, 2024 Chris Smith News

Outflows from Grayscale’s GBTC Reach $358M

Reading Time: < 1 minuteGrayscale’s Bitcoin exchange-traded fund (ETF) has experienced significant outflows over the past few days, with nearly $359 million leaving the fund on March 21.

March 22, 2024March 22, 2024 Chris Smith News

Montenegro Confirms Do Kwon Will Be Extradited to South Korea

Reading Time: < 1 minuteDo Kwon is facing extradition to South Korea.

March 21, 2024March 21, 2024 Chris Smith News

Coinbase Will Launch Dogecoin, Litecoin and Bitcoin Cash Futures Trading

Reading Time: < 1 minuteCoinbase plans to introduce futures trading for Dogecoin, along with Litecoin and Bitcoin Cash, as announced in three separate letters to the CFTC on March 7.

March 21, 2024March 21, 2024 Chris Smith News

Goldman Sachs to Buy Claims on Liquidated Crypto Companies

Reading Time: < 1 minuteThe head of digital assets at Goldman Sachs has expressed interest in potentially investing in claims against failing cryptocurrency companies as well as exploring other options.

March 20, 2024July 10, 2024 Chris Smith News

SEC Delays Decision on Hashdex and Ark 21Shares Ethereum ETFs

Reading Time: < 1 minuteThe decision timeline for approval of the Hashdex Nasdaq Ethereum ETF has been postponed by the Securities and Exchange Commission.

March 20, 2024March 20, 2024 Chris Smith News

Galaxy Digital’s Assets Under Management Reach $10B

Reading Time: < 1 minuteGalaxy Digital’s Crypto investment firm has recently surpassed $10 billion in assets under management, as institutional interest in the digital asset market continues to rise.

March 19, 2024March 19, 2024 Chris Smith News

SEC Accuses 17 People of Organizing CryptoFX Pyramid Scheme

Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against 17 employees of CryptoFX.

March 18, 2024March 18, 2024 Chris Smith News

New York Jury Convicts IcomTech Promoters of Wire Fraud

Reading Time: < 1 minuteA New York jury has found David Brend and Gustavo Rodriguez, two former promoters of IcomTech, an alleged crypto mining and trading company, guilty of wire fraud conspiracy.

March 18, 2024March 18, 2024 Chris Smith News

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