Feed Items
CME Group, the world’s largest futures exchange, will introduce spot Bitcoin trading, as reported by the Financial Times on Thursday.
This move aims to meet the growing demand from Wall Street money managers for cryptocurrency exposure.
CME Group Plans Bitcoin Spot Trading
The Chicago-based exchange has been in discussions with traders seeking a regulated marketplace for Bitcoin...
New York-based Pine Ridge Advisers recently invested approximately $205 million in major U.S. Bitcoin spot ETFs, demonstrating the growth of institutional demand for cryptocurrency.
Pine Ridge Advisers investment is part of a broader movement where various entities, including banks, corporations, and local governments across the United States, are legally purchasing Bitcoin through these...
The Department of Justice (DOJ) announced the arrest of Anton and James Peraire-Bueno. These Massachusetts-based brothers allegedly stole $25 million from the Ethereum (ETH) blockchain in just approximately 12 seconds.
They face charges of conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. Each charge could lead to a 20-year prison sentence.
Unveiling...
The total crypto market cap (TOTAL) shot up above $2.3 trillion as the US Consumer Price Index (CPI) reading came in cooler than expectations. The headline CPI April came in at 3.4% year on year against the expectations of 3.6% from March’s 3.8%.
Along with this Bitcoin price too surged and so did the altcoins with Fantom leading the pack with a 24% rise.
In the news today:-
Ripple...
Millennium Management, a global investment firm with over $60 billion in assets, has disclosed its significant Bitcoin exchange-traded fund (ETF) holdings for the first quarter of 2024.
According to a recent 13F filing with the Securities and Exchange Commission (SEC), Millennium holds approximately $1.9 billion in various US-traded spot Bitcoin ETFs.
Institutional Bitcoin ETF Investments...
RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City.
The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The site, set in the future near...
Ripple announced its collaboration with Cosmos’ Ethereum Virtual Machine (EVM)-based protocol, Evmos, to build an XRP Ledger EVM sidechain. In this partnership, they will also collaborate with crypto software company Peersyst.
The XRP Ledger (XRPL) sidechain will be built on the evmOS solution, with which they will seek to prioritize native Web3 enterprise applications and their compatibility...
US consumer price data came out on Monday, May 15. The core consumer price index (CPI), which measures underlying US inflation, increased less than expected in April. It climbed 0.3% from March, marking the first time in six months.
This figure suggests a possible downtrend in inflation, raising hopes for a future Federal Reserve interest rate cut.
Crypto Market Rebounds as US Inflation...
Internet of Things blockchain ecosystem IOTA announced the launch of its “IOTA 2.0” testnet, which will improve the scalability and security of its ecosystem.
IOTA’s new public testnet promises to be environmentally friendly by reducing its environmental impact and energy consumption. In doing so, it aims to attract companies focused on “green solutions.”
IOTA Launches New Testnet “IOTA 2....
Humanity Protocol, a pioneer in digital identity verification, recently raised $30 million and achieved unicorn status.
This milestone comes less than a year after the company’s inception. It leverages blockchain technology to authenticate online identities.
Innovative Identity Verification Technology
Humanity Protocol’s solution addresses the challenge of verifying online identities in...