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Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
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eToro to Shut Down Nearly All Crypto Trading in Settlement With US SEC
eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the US Securities and Exchange Commission. In a statement, eToro co-founder and CEO Yoni Assia said that the settlement allows the company to "focus on providing innovative and relevant products across our diversified US business."
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US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
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Sony to Resume Operations of Acquired Japanese Crypto Firm ‘WhaleFin’
Sony Group is set to enhance its product and service offerings by integrating crypto-centric features. This initiative includes a revamped UI screen design and the launch of a new app aimed at delivering a more user-friendly experience.
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Crypto-Backed Investment Products Made Over $930 Million Last Week: CoinShares Data
In its recent data, CoinShares showed that investment products backed by digital assets like NFTs, and cryptocurrencies managed to garner $932 million (roughly Rs. 7,766 crore) in last week’s four-day period between May 13 and May 17.
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Binance Extends Early Women’s Day Wishes, Launches Perfume Fragrance Named ‘Crypto’
Binance, touted as the world’s largest exchange, has decided to appeal to potential women investors, entrepreneurs and developers through a new kind of product – a perfume. The exchange has set up stalls for these perfumes in some public places to initiate conversations to discuss ways to fill the gender gap in the crypto sector.
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Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
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BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
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Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
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Google Updates its Ad Policies for Crypto Coin Trusts: Here’s Everything to Know
Starting January 29, 2024, advertisers of cryptocurrency coin trusts will be able to market their products to the masses in the US via Google ads. The search engine giant has decided to take this decision just this week. The implementation of these changes is slated for January next year, around the same time that BTC and ETH ETFs could get approv...
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Bitget to Strategically Infuse $10 Million into Promising Indian Crypto Startups
Bitget crypto trading platform has decided to infuse $10 million (roughly Rs. 83 crore) over the term of the next five years into startups. Crypto projects applying for this funding must be based in India and display a working minimal-viable product of a real use-case value.
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US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
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Global Framework for Crypto Regulation Could Leverage Learnings From India: WEF Report
From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts, a global study said on Monday while calling for leveraging learnings from India.
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Former Coinbase Manager, Brother Agree to Settle SEC Charges on Crypto Insider Trading
A former product manager for Coinbase Global and his brother have agreed to settle US Securities and Exchange Commission (SEC) charges related to insider trading of crypto asset securities.
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Crypto Investments by Family Businesses Spiked from 16 Percent to 32 Percent in Two Years: Goldman Sachs
Family businesses around the world are now increasing their investments in digital assets. Across products, 32 percent of family offices currently invest in digital assets. This update was shared in a recent report by US-based financial behemoth Goldman Sachs in its latest study.
-
Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
-
eToro to Shut Down Nearly All Crypto Trading in Settlement With US SEC
eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the US Securities and Exchange Commission. In a statement, eToro co-founder and CEO Yoni Assia said that the settlement allows the company to "focus on providing innovative and relevant products across our diversified US business."
-
US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
-
Sony to Resume Operations of Acquired Japanese Crypto Firm ‘WhaleFin’
Sony Group is set to enhance its product and service offerings by integrating crypto-centric features. This initiative includes a revamped UI screen design and the launch of a new app aimed at delivering a more user-friendly experience.
-
Crypto-Backed Investment Products Made Over $930 Million Last Week: CoinShares Data
In its recent data, CoinShares showed that investment products backed by digital assets like NFTs, and cryptocurrencies managed to garner $932 million (roughly Rs. 7,766 crore) in last week’s four-day period between May 13 and May 17.
-
Binance Extends Early Women’s Day Wishes, Launches Perfume Fragrance Named ‘Crypto’
Binance, touted as the world’s largest exchange, has decided to appeal to potential women investors, entrepreneurs and developers through a new kind of product – a perfume. The exchange has set up stalls for these perfumes in some public places to initiate conversations to discuss ways to fill the gender gap in the crypto sector.
-
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
-
BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
-
Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
-
Google Updates its Ad Policies for Crypto Coin Trusts: Here’s Everything to Know
Starting January 29, 2024, advertisers of cryptocurrency coin trusts will be able to market their products to the masses in the US via Google ads. The search engine giant has decided to take this decision just this week. The implementation of these changes is slated for January next year, around the same time that BTC and ETH ETFs could get approv...
-
Bitget to Strategically Infuse $10 Million into Promising Indian Crypto Startups
Bitget crypto trading platform has decided to infuse $10 million (roughly Rs. 83 crore) over the term of the next five years into startups. Crypto projects applying for this funding must be based in India and display a working minimal-viable product of a real use-case value.
-
US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
-
Global Framework for Crypto Regulation Could Leverage Learnings From India: WEF Report
From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts, a global study said on Monday while calling for leveraging learnings from India.
-
Former Coinbase Manager, Brother Agree to Settle SEC Charges on Crypto Insider Trading
A former product manager for Coinbase Global and his brother have agreed to settle US Securities and Exchange Commission (SEC) charges related to insider trading of crypto asset securities.
-
Crypto Investments by Family Businesses Spiked from 16 Percent to 32 Percent in Two Years: Goldman Sachs
Family businesses around the world are now increasing their investments in digital assets. Across products, 32 percent of family offices currently invest in digital assets. This update was shared in a recent report by US-based financial behemoth Goldman Sachs in its latest study.
