In the rising tide of Bitcoin spot ETFs, there’s a little-known fact that might catch the eye of investors looking for residency options: owning a certain number of these ETFs could now count as a qualifying investment to aid high-skilled professionals in settling in Hong Kong. Virtual Assets Counted as...

Dogecoin (DOGE), one of the largest meme coins, is showing signs of a robust recovery, particularly in the profitability of numerous wallet addresses. According to the latest data from IntoTheBlock, the profitability of Dogecoin addresses has increased significantly. Approximately 82.66% of addresses in the Dogecoin ecosystem, roughly 5.21 million, are...

In a significant development in the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the SEC has submitted its final brief, including supportive evidence, ahead of Judge Torres’ decision on remedies. This marks a crucial juncture in the lawsuit as it is the final briefing...

A recent report from Standard Chartered Bank has suggested that the potential monetization of U.S. debt by the Federal Reserve and the increasing risks associated with U.S. fiscal dominance might drive investors towards cryptocurrencies. The report highlights that a potential reelection of former U.S. President Donald Trump could be favorable...

On May 7th, Grayscale Investments, the world’s largest crypto asset manager, announced the withdrawal of its application for an Ethereum futures ETF with the U.S. Securities and Exchange Commission (SEC). Grayscale did not specify the reasons for the withdrawal, only noting that since the initial submission on September 19, 2023,...

Following the fourth Bitcoin halving last month, major Bitcoin mining companies have started to reveal their performance metrics, illustrating minimal but noticeable impacts from the event on the mining landscape. Post-Halving Bitcoin Mining: Sustaining Strong PerformanceCleanSpark, the second-largest Bitcoin miner by market capitalization at $3.92 billion, disclosed in their monthly...

The Shiba Inu coin (SHIB) has experienced a decline of 6% in the past 24 hours, bringing its price to $0.00002401. This drop comes amidst a general 1.5% downturn in the cryptocurrency market on the same day. Despite the recent dip, SHIB has posted a 2% gain over the past...

The U.S. Securities and Exchange Commission (SEC) has announced a postponement in its decision on the Ethereum spot Exchange-Traded Fund (ETF) application submitted jointly by Invesco and Galaxy Digital, setting a new date of July 5. This delay is intended to allow additional time for thorough consideration of the proposal....

The Philippines Securities and Exchange Commission (SEC) is poised to introduce a comprehensive regulatory framework for cryptocurrency assets and transactions in the latter half of 2024. This initiative aims to establish clear guidelines within the country’s rapidly expanding digital currency market and strengthen investor protections. Strategic Framework for Enhanced Crypto...

The U.S. Department of Justice has made headlines with the arrest of Maximilien de Hoop Cartier, a direct descendant of Louis Cartier, the founder of the prestigious jewelry brand Cartier. Arrested in Miami, Maximilien faces severe charges linked to drug trafficking and sophisticated money laundering using the cryptocurrency Tether (USDT),...