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Grayscale, a crypto asset management giant, has submitted a proposal to the US Securities and Exchange Commission (SEC) for an innovative privacy-focused exchange-traded fund (ETF). Meanwhile, governments worldwide are tightly scrutinizing privacy tokens. Grayscale Tries to Advance Its Offerings With Privacy ETF Grayscale designed the privacy ETF to echo the performance of five key...
The Worldcoin (WLD) price has increased swiftly since the start of February and reached a new all-time high price of $8.48 today. The WLD price decreased slightly yesterday but has regained all its losses already. How long will this upward movement continue? Worldcoin Reaches New All-Time High The technical analysis of the daily time frame shows that WLD is mired in a parabolic upward...
Coinbase, a prominent US crypto exchange, has thrown its weight behind Grayscale’s bid to turn Ethereum Trust into a spot Ethereum exchange-traded fund (ETF). Meanwhile, there is high optimism amongst the Ethereum community regarding the US Securities and Exchange Commission’s (SEC) decision on spot Ethereum ETF. Coinbase Explains Why The SEC Should Approve a Spot Ethereum ETF On...
Supermoon, alongside Cointelegraph Accelerator, NDC, Horizen, Conflux, and OORT, will welcome 500+ builders...
South Korea’s Gyeonggi province has implemented a clever system to combat crypto tax evasion dubbed ‘Arbitrator Virtual Asset Tracking Electronic Management System.’ This approach netted a substantial 6.2 billion won (~$4.7 million) in arrears last year alone. The system can trace personal information like phone numbers for known tax delinquents and cross-reference this on crypto trading...
The Texas-based cryptocurrency firm Lejilex, together with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC). They argue the SEC has overstepped its bounds by classifying certain digital assets as securities. This case arises amidst regulatory tensions, with the SEC facing criticism for its approach to digital asset...
Nvidia’s recent quarterly report has taken the market by storm, revealing a 769% surge in net income compared to last year. This leap far exceeded Wall Street’s predictions. Consequently, Nvidia’s shares soared by about 10% in after-hours trading. AI Tokens Skyrocket After Nvidia’s Stellar Earning Report The company’s adjusted earnings per share stood at $5.16, surpassing the expected...
Greg Solano, co-founder of the renowned Bored Ape Yacht Club (BAYC), has announced his return as the CEO of Yuga Labs. This significant leadership change has coincided with a noticeable uptick in the company’s NFT collections, notably BAYC, which saw a price floor increase of over 13%. Yuga Labs Welcomes Back Solano as CEO Solano’s comeback as CEO marks a pivotal shift in Yuga Labs’...
The US Treasury Department has sanctioned two individuals affiliated with the Russian ransomware group that stole $9 billion in assets from a US broker-dealer. The software, created by Russia’s LockBit group, likely contributed to the rise in ransomware attacks in 2023. The US added Russian nationals Artur Sungatov and Ivan Kondratiev to the Office of Foreign Assets Control’s (OFAC) registry...
The financial markets have recently been struck with news of billionaires liquidating significant positions in high-profile stocks. These actions have raised the question: Should the average investor follow suit, particularly regarding their cryptocurrencies? Mark Zuckerberg’s disposal of Meta shares worth $428 million and Warren Buffett’s trimming of his Apple stake, alongside Jeff Bezos’s...