Author: WebDesk

According to reports, Canary Capital has taken a formal step toward an ETF tied to the TRUMP memecoin by registering an entity called the “Canary Trump Coin ETF” with the Delaware Division of Corporations on August 13. Related Reading That registration is an early, procedural move and does not mean the fund has been filed with or approved by the US Securities and Exchange Commission. Markets reacted quickly; TRUMP rebounded from about $9.35 to $9.55 after the news, marking just over 10% gains for the week at press time. Regulatory Route And Competing Filings Based on reports, the registration adds…

Citigroup is charging into the crypto frontier, targeting stablecoin custody, ETF infrastructure, and instant blockchain payments as demand explodes. Traditional Banking Giant Eyes Stablecoin Custody and Digital Payment Innovation Citigroup is advancing its digital asset strategy by exploring custody and payment services for stablecoins and crypto-linked investment products, marking a notable shift as traditional banks […] Credit: Source link

The United States spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have posted a record weekly traded volume. Following a renewed demand for Ether’s investment products by institutional investors, the U.S. spot BTC and ETH ETFs recorded the biggest weekly traded volume of about $40 billion in the past five days. During the past week, the U.S. spot ETH ETFs reported a record traded volume of about $17 billion. If the demand for U.S. spot Ether ETFs maintains a similar momentum in the next two weeks, then last month’s total net inflow of about $5.43 billion will be outshined.Meanwhile, the…

The man behind Sheep Marketplace, a defunct darknet hub, now faces fresh charges after allegedly funneling $45 million in Bitcoin to Czech officials in the justice ministry. Prosecutors confirm the probe covers money laundering and illegal drug operations, signaling a complex criminal web. Summary Czech police arrest Tomáš Jiřikovský, former darknet operator, over a $45M Bitcoin donation linked to the Ministry of Justice. Authorities investigate money laundering and illegal drug operations connected to the donation. Former Justice Minister Pavel Blažek resigned in June amid the scandal. According to a local report from Deník N, Czech police stormed the Břeclav residence…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SOL eyes $400 with ETF buzz and upgrades, but under-a-penny LILPEPE steals speculative spotlight. Summary LILPEPE presale nears sellout with $17m raised and aiming for up to 10,000% gains post-listing. At under $0.01, it offers locked liquidity, no tax, fixed supply, and CertiK-audited code. Outpacing many memecoins, LILPEPE’s tiered presale builds long-term holder confidence and demand. After weathering the 2022 storm, an Ethereum challenger has been quietly, then rapidly, winning back momentum, racing ahead of most dominant L1 ecosystems…

Strategy, Michael Saylor and MSTR have taken over Wall Street. To many people’s chagrin, the suitcoiners and corporates are here: Bitcoin held by corporations in the form of bitcoin treasury companies is hypnotic to look at. It has captured more or less everyone’s mind — mine, included. It’s the latest fad on the world’s capital markets, celebrated by a narrow sway of financially savvy Bitcoiners and insiders, yet hated by tradfi people who can’t for the love of humanity understand why anybody, let alone a company, would want bitcoin at all. Every odd Bitcoin podcaster has joined one or more…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Shiba Inu price rallied to as high as $0.00001413 in the past 24 hours, after breaking above a symmetrical triangle pattern in technical analysis of its daily candlestick timeframe chart. An important factor in this move is the massive drop in SHIB exchange reserves, which fell from 122.54 trillion on July 31 to 121.31 trillion by August 11. Lower exchange balances often indicate reduced immediate selling pressure, allowing bullish momentum to take hold more easily. Bullish Breakout Backed By Decline In Exchange Supply One of the…

Everything looked perfect just a few days ago. Bitcoin smashed through resistance and hit a record $124.5k. Solana broke $200 like it was nothing. Ethereum stayed strong, and the market mood felt like a bull run on steroids. Then, as quickly as it started, the rally turned into a red sea. Bitcoin pulled back, altcoins followed, and traders were left wondering — what just happened? Let’s break it down.Bitcoin Hits Record High of $124.5kOn Wednesday, Bitcoin set a new all-time high of $124.5k. The move came right after the U.S. Consumer Price Index showed inflation holding steady at 2.7% year-over-year.…

Bitcoin Penguins is making a huge splash in the meme coin space, raising $3.4m in its presale and positioning itself as a direct competitor to the established penguin king, Pudgy Penguins. At a basement $0.00155 per token in stage 10, BPENGU is presenting the same proven narrative that launched PENGU to a $2.3 billion market cap.While PENGU trades around $0.037 after recent volatility, Bitcoin Penguins is launching during market conditions similar to previous “meme coin seasons” – periods when casual crypto investors saw their holdings increase 100 to 1,000 times in value. With Bitcoin Penguins ending their presale on August 27th,…

Maximilian Obwexer had a problem.  He was heating his home in Austria with conventional heating oil, and it was expensive. A tinkerer by nature, and a former engineer having worked on hydropower plants, he was trying to find a better way to heat his home.  After many rounds of experimentation and having delved down the Bitcoin (mining) rabbit hole, three years ago he founded a company devoted to the effort. His company, 21energy, makes well-balanced, sturdy, and incredibly beautiful (and incredibly quiet!) miners for home use. The early models of Ofen 1 boasted up to 10 TH/s, while the premium…