BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.
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A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline.
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The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption.
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The new crypto derivatives product allows investors to speculate on future hashrates and hashprices.
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ZKasino denied it tried to make off with $33 million of investor funds in April and has now opened up a short refund window.
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AI crypto tokens are “quiet now,” bleeding red across the board, but a crypto trader says that won’t last.
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Today’s gamers are going to spend — on average — more than $6,400 on purchases they can’t use outside of the platforms on which they were purchased.
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One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.
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The blossoming potential of Bitcoin and Ether exchange-traded funds has been predicted to have an imminent record value growth of $450 billion in the future. According to a new Bernstein analysis, driven by good regulatory news and strong positive sentiment, the two-year inflow of over $100 billion is likely to accrue to crypto ETFs. Bernstein backed up its prediction by the rise in Ether’s price last week, up by 26%, largely due to the recent approval of USSEC Ether spot ETFs. This is, in addition, close to the two-market-instituted 100% Bitcoin, with a cycle peak at $150,000 and a $90,000 terminus for market trust at the end of the year.
The asset classification of Ether as a commodity sets an immense precedence for blockchain assets. The provided regulatory clarity, coupled with the new status of Ether, might be what is needed to greenlight not only other tokens like Solana but also other protocols, thus multiplying the positive ripple effects across the entire crypto spectrum.
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees.
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