In brief The U.S. Securities and Exchange Commission has sent letters to fund managers, raising concerns over proposed, high-leveraged ETFs. The Wall Street regulator halted...
In brief Crypto exchange Kraken is buying tokenized assets platform Backed Finance. Kraken has made a number of acquisitions this year. The firm plans to...
In brief Strategy stock is down significantly this year, leading some observers to speculate that the Bitcoin treasury might have to sell crypto. But analysts...
In brief Bitcoin miner BitMine Immersion last week bought more ETH. The NYSE-listed firm now holds over $10 billion in the asset. But its stock—and...
In brief Stablecoin giant Tether is reportedly closing its Bitcoin mining operation in Uruguay. Local media reported high energy costs as the reason. The crypto...
In brief Economist Paul Krugman said in a blog post that Bitcoin is suffering as President Trump’s popularity plunges. Trump campaigned on helping the digital...
In brief S&P Global Ratings has downgraded USDT’s ability to keep a 1:1 peg with the dollar, giving it a “weak” rating. The credit ratings...
In brief Bitcoin has jumped back above $90,000. The leading cryptocurrency dropped to about $81,000 last week. Other coins also rose Wednesday, including Ethereum, XRP,...
In brief Grayscale has filed to convert its Zcash trust into an ETF. Zcash has shot up by 1,000% over the past year. Grayscale has...
In brief JP Morgan Chase has proposed a new leveraged product allowing investors to bet on the future price of Bitcoin via BlackRock’s iShares Bitcoin...
