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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.

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

Peter Schiff Regrets Not Buying Bitcoin

Reading Time: < 1 minuteHe now acknowledges that if he had followed the advice of experts and forecasters, he would have made a substantial profit by now.

March 15, 2024March 15, 2024 Chris Smith News

SEC Exposes CryptoFX for Operating a Fraudulent Ponzi Scheme

Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has accused 17 individuals of operating a $300 million Ponzi scheme through CryptoFX.

March 15, 2024March 15, 2024 Chris Smith News

Mike Novogratz: Bitcoin Will Soar to $100,000

Reading Time: < 1 minuteAccording to Mike Novogratz, the CEO of Galaxy Digital, the price of the first cryptocurrency is not expected to drop below $50,000 unless a major event occurs.

March 14, 2024July 17, 2024 Chris Smith Opinion

Users Will Be Able to Use Brazil’s CBDC Offline

Reading Time: < 1 minuteThis feature will be particularly beneficial for residents in remote regions where internet connectivity is not stable.

March 13, 2024March 13, 2024 Chris Smith News

The EU Greenlights New Sanction Rules Involving Crypto

Reading Time: < 1 minuteEU legislators have passed a set of regulations aimed at cracking down on violations of sanctions, particularly those involving digital currencies.

March 13, 2024March 13, 2024 Chris Smith News

Donald Trump: Bitcoin is an Additional Form of Currency

Reading Time: < 1 minuteFormer US President and Republican Party leader Donald Trump has stated that he would not interfere with their use if he were to win the November election.

March 12, 2024July 17, 2024 Chris Smith Opinion

Users Lose $104M in Crypto Due to Phishing Attacks

Reading Time: < 1 minuteAn estimated 97,000 users were affected by phishing scams in the first two months of the year, resulting in a staggering $104 million in losses.

March 11, 2024March 11, 2024 Chris Smith News

Ethereum Fees Reach Two-year High

Reading Time: < 1 minuteThe recent surge in meme coin frenzy has caused a spike in network activity, resulting in reduced inflation and a potential benefit for investors in Ethereum.

March 11, 2024March 11, 2024 Chris Smith News

BlackRock Will Buy Spot Bitcoin ETFs

Reading Time: < 1 minuteBlackRock has recently updated its filing with the SEC stating that its Global Allocation Fund may invest in spot bitcoin exchange-traded funds (ETFs).

March 8, 2024March 8, 2024 Chris Smith News

US Prosecutors Will Challenge Do Kwon’s Extradition

Reading Time: < 1 minuteThe United States government is contesting the latest decision by the high court in Montenegro to extradite Do Kwon, the former CEO of Terraform Labs, to South Korea.

March 8, 2024March 8, 2024 Chris Smith News

FDUSD Loses Peg to US Dollar

Reading Time: < 1 minuteThe value of First Digital USD (FDUSD), a stablecoin backed by Binance, dropped on March 5 sharply to $0.92.

March 7, 2024March 7, 2024 Chris Smith News

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