Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software.
Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War
Cathie Wood's Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the…
Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week's Rally
The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE
Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year.
Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.
Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.
The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU's landmark Markets in Crypto Assets legislation starts…
Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi
Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal…
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said.
SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates
The approval of new exchange traded funds (ETFs) for Ethereum's ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice…
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