Brazil’s Securities and Exchange Commission (CVM) has recently approved the country’s first Solana-based exchange-traded fund (ETF), positioning Brazil ahead of other countries in the crypto investment landscape. This approval marks a significant advancement in Brazil’s regulated investments in crypto assets and has sparked interest in the market regarding potential Solana ETF approvals in the United
Crypto
The finalizing of a $12.7 billion settlement by United States District Judge Peter Castel against FTX and Alameda Research has sent shockwaves through the cryptocurrency world. This settlement, part of an agreement with the United States Commodity Futures Trading Commission (CFTC), marks the end of a lengthy legal battle that began 20 months ago. The
XRP has emerged as a standout in the volatile world of cryptocurrencies, defying the downward trend that has plagued other major assets. With a remarkable 20% surge in its price over the past day, XRP has showcased resilience and strength in the face of market uncertainty. This surge has propelled XRP to $0.64 before a
Shiba Inu has been making waves in the crypto market, with its price experiencing incredible surges in the past. The price of Shiba Inu gained an astonishing 1,000x in Q2 2021, followed by a 10x surge during the next big rally in Sept-Oct 2021. However, despite these impressive gains, investors had to wait until the
Recently, Nexera, a decentralized finance (DeFi) protocol, found itself in the midst of a security breach that led to the theft of $1.5 million worth of NXRA tokens. This incident caused a dramatic drop in the value of the protocol’s native token by over 40%. The breach was initially identified on August 7 by Cyvers,
In the midst of a market downturn, Bitcoin whales have been noticeably increasing their holdings of the cryptocurrency. Recent on-chain data has shown that a staggering 404,448 BTC, equivalent to around $22.8 billion, has been transferred to permanent holder addresses in the past 30 days. This significant accumulation of Bitcoin by whales has sparked speculation
Shiba Inu (SHIB) experienced a significant surge of 20% on August 6, following a period of market instability. Despite this positive movement, the coin’s price is still down by 18% on a weekly basis, currently hovering around $0.00001359. This rebound in value coincides with an uptick in key indicators within the Shiba Inu ecosystem. Transaction
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States saw a surge in trading volume, exceeding $5 billion on August 5. This milestone marked the highest volume in several months, with BlackRock’s IBIT ETF leading the pack at nearly $3 billion in daily trades. The increase in assets under management by $172 million for IBIT
The cryptocurrency market has once again surpassed the $2 trillion mark after experiencing a massive downturn that wiped out $500 billion within a week. This drastic drop in market capitalization sent shockwaves throughout the crypto community as Bitcoin plummeted below $50,000 and Ethereum saw a 23% decline in value, dropping below $2,200. However, despite this
Following a significant market crash that caused Ethereum to tumble 23% in less than 24 hours, U.S. spot Ethereum ETFs experienced a positive day of inflows. On August 5, nine newly launched spot ETH ETFs saw an aggregate inflow of $49 million. This marked the second-highest inflow day since the funds began trading. The fact