At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy. Source link
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Analysts believe Ether will see “tremendous” price action once their spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs. Source link
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Signum Bank says it’s now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025. Source link
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The Hashdex Nasdaq Crypto Index US ETF could see other cryptocurrencies added down the track, subject to all the necessary approvals. Source link
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Spot Ethereum ETFs recorded a robust trading debut in the US on July 24 after months of speculation and regulatory uncertainty. The ETFs recorded an impressive volume of $1.11 billion on the first trading day, led by BlackRock’s $266.5 million inflows. Within the first 90 minutes of trading, ETH ETFs…
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The Bitcoin-based cashback app will go public on the Nasdaq after a SPAC deal that’s expected to wrap up by the end of this year. Source link
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Andreessen Horowitz (a16z) founders Ben Horowitz and Marc Andreessen recently discussed the various challenges the crypto industry has faced under the current administration, during which they also endorsed former President Donald Trump. The founders openly criticized the Biden-Harris Administration’s handling of the cryptocurrency industry, highlighting a series of regulatory challenges that…
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Memecoins in the Solana ecosystem continue to outperform the wider crypto market by generating double-digit weekly gains. Source link
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Wyoming Senator Cynthia Lummis known for her pro-crypto stance, plans to propose that the Federal Reserve hold Bitcoin as a strategic reserve asset, akin to gold and foreign currencies, Fox News reported on July 24. The Republican senator, known for her pro-crypto stance, plans to propose that the Federal Reserve…
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The device, called a ‘Bitaxe,’ successfully mined a block even though its chances were only 1 out of 1 billion every ten minutes. Source link