The US Securities and Exchange Commission has approved standards that could speed up spot crypto ETF approvals, as each application would not need to be assessed individually. The decision, detailed in SEC filings on stock exchanges like the Nasdaq, NYSE Arca, and Cboe BZX, on Wednesday, would streamlines the process under Rule 6c-11, significantly reducing…
Opinion by: Houston Morgan, head of growth and business development at ShapeShift Crypto was never supposed to turn out like this. The promise was decentralization, self-sovereignty and the end of gatekeepers. Far too many crypto firms still worship personalities and momentum rather than implementing fair governance and structure. The irony is stark. A movement built…
The US Securities and Exchange Commission streamlining the approval process for crypto exchange-traded products (ETPs) may trigger a surge of new offerings, but that doesn’t guarantee their success, a crypto executive warns. “The adoption of generic listing standards — which could come as early as October — will likely usher in a ton of new…
Key takeaways: Bitcoin futures open interest fell $2 billion in five days, signaling cautious futures traders. Binance taker volume averages cycle lows as the market waits for Fed’s interest rate decision. The Coinbase premium suggests steady US demand defending $115,000. Bitcoin (BTC) traders appear to be scaling back exposure ahead of the US Federal Reserve’s…
Around 42% of Bitcoin’s current circulating supply, or 8.3 million Bitcoin (BTC), could be “illiquid” by 2032 at the current rate of Bitcoin treasury firm buying, according to asset management firm Fidelity. In a report published on Monday, Fidelity identified two groups whose supply could be considered illiquid, with the criteria being that their Bitcoin…
A new political action committee (PAC) focused on backing “pro-innovation, pro-crypto candidates” in the United States has launched with $100 million. In a Monday X post, the Fellowship PAC said it had launched “with over $100 million” from unnamed sources as part of efforts to support the Trump administration’s digital asset strategy. The PAC said…
United Kingdom-based cryptocurrency industry advocacy groups have called on the Bank of England not to proceed with its plans to limit individual stablecoin holdings. In a November 2023 discussion paper, the Bank floated setting individual caps on digital pounds between 10,000 British pounds and 20,000 pounds and asked for feedback on a possible lower limit…
Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism…
Opinion by: Przemysław Kral, CEO of zondacrypto The football transfer market has long been seen as a world of discrete backroom deals and negotiations. The transfer window brings immense excitement to supporters wanting to see how clubs prepare for the season ahead. It’s not always smooth sailing, given the huge capital requirements and tight deadlines…
The Ethereum Foundation has released a roadmap to bring end-to-end privacy features to the Ethereum network, a layer-1 (L1) smart contract blockchain, and rebranded its “Privacy & Scaling Explorations” initiative to “Privacy Stewards of Ethereum” (PSE). PSE said it aims to bring privacy solutions to the protocol, infrastructure, networking, application, and wallet layers in Friday’s…
