Over the last three years, the crypto space has undergone massive upheavals. Alongside the boosting from stimulus packages in 2021, venture capital (VC) firms had invested $33 billion in crypto and blockchain startups. The following year, the Federal Reserve triggered a domino of crypto bankruptcies with its interest rate hiking cycle, starting from the Terra […]
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Grayscale amended a regulatory filing through which it intends to convert its Ethereum Trust to a spot exchange-traded fund (ETF). The company’s March 15 amendment strengthens its earlier filing in multiple ways. The update supports the argument that surveillance sharing within the CME ETH market is sufficient to protect against fraud and manipulation in the […]
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After a face-melting rally in the AI crypto sector over the past few months, investors appear to have taken a profit-taking approach over the past few days. The sector soared past $10 billion in mid-February, buoyed by Bittensor’s remarkable climb to a $4 billion market cap with an increase of over 220% in 2024. By […]
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Vanguard CEO Tim Buckley said Bitcoin needs to “change as an asset class” for the investment firm to consider it as a viable option and has no intention of changing its mind about spot Bitcoin ETFs until that happens. Buckley made the statement in a preview clip of an upcoming webcast posted on March 15. […]
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Binance spun off its $10 billion venture capital arm, Binance Labs, into an independent entity that will no longer be under the group’s purview months ago. Bloomberg drew attention to the silent change in a March 15 report, which revealed that Binance Labs had added a disclaimer about the change on its website earlier in […]
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