Category: Crypto

Matt Hougan, the chief investment officer of Bitwise, has said the recent commitments made by US politicians have made him reconsider his perspective on Bitcoin’s potential.
The post Bitwise CIO is Reconsidering Bitcoin’s Potential Amid US Politicians’ Pledges appeared first on Cryptonews. …

Crypto operators in South Korea including Upbit, and Bithumb will have to pay a supervisory fee for inspections by the regulator.
The post Top South Korean Crypto Exchanges to Pay 300M Won Supervisory Fee appeared first on Cryptonews. …

During the first half of this year, 37 new crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs) were listed globally with a total of 877 new products launched, according to research firm ETFGI.
The post 37 New Crypto ETFs and ETPs Listed in First Half of 2024: ETFGI Data appeared first on Cryptonews. …

DeFi appears to be experiencing a resurgence, as key indicators such as active loans and total value locked (TVL) show significant growth from their 2023 lows.
The post DeFi ‘Waking Up’ as Active Loans Surge to $13.3 Billion, Reaching Early 2022 Levels appeared first on Cryptonews. …

Ripple has invested $10 million into OpenEden’s TBILL tokens, which are backed by short-term U.S. Treasuries.
The post XRP Ledger to Launch Tokenized US Treasury Bills Through OpenEden Collab appeared first on Cryptonews. …

Grayscale’s research head hinted that the asset manager might launch a Solana ETF in future. However, he noted that it is currently not feasible due to existing regulations.
The post Grayscale Hints at Future Solana ETF, But Current Regulations Stand in the Way appeared first on Cryptonews. …

Bitcoin’s price dips below $64,000 as market tensions rise, but analyst predicts BTC could reach $500,000 by 2028, citing strong historical growth.
The post Bitcoin Price Prediction: BTC Drops Below $64K, Could Hit $500K by 2028, Says Analyst appeared first on Cryptonews. …

David Marcus, former PayPal president and current Lightspark CEO, endorsed former President Donald Trump for re-election on Wednesday.
The post Ex-PayPal President Endorses Trump, Advocates for Pro-Bitcoin Policies appeared first on Cryptonews. …

Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year.
The post Riot Platforms Reports Q2 Loss After Bitcoin Halving appeared first on Cryptonews. …

Bitcoin dropped below $64k on Thursday after the US Federal Reserve kept rates unchanged and amid concerns about rising tensions in the Middle East.
The post Bitcoin’s Price Drops Below $64k as Entire Market Turns Red, XRP Loses Gains appeared first on Cryptonews. …