Latest news on US crypto ETFs:
1️⃣ Bitcoin ETF raised $294 million yesterday — the highest daily amount in a month.
2️⃣ Several major Ethereum ETF issuers have submitted updated S-1 filings to the SEC — trading is likely to start next week.
3️⃣ Vaneck and 21Shares have filed for the Solana spot ETF — the final deadline for the Solana ETF will be mid-March 2025.
1️⃣ Bitcoin ETF raised $294 million yesterday — the highest daily amount in a month.
2️⃣ Several major Ethereum ETF issuers have submitted updated S-1 filings to the SEC — trading is likely to start next week.
3️⃣ Vaneck and 21Shares have filed for the Solana spot ETF — the final deadline for the Solana ETF will be mid-March 2025.
⚡️Australia's largest stock exchange, the ASX, has approved the listing of DigitalX's second spot Bitcoin ETF. Trading in the instrument will begin on July 12.
🪙 Circle printed 250,000,000 USDC.
The company also announced the launch of the EURC stablecoin on the network
The company also announced the launch of the EURC stablecoin on the network
9 ETH ETFs have published their annual fees for holding ETH.
8 of the 9 funds have set fees ranging from 0.19% to 0.25%, with a fee waiver for the first 6-12 months.
Grayscale, true to form, has set a 10x fee - 2.5% per year.
Grayscale holds 2.92M ETH worth $10B.
Last time, Blackrock was able to take over Grayscale's top spot in terms of BTC under management in 96 days, but the market had a tough first 3 weeks when Grayscale was dumping 10-20K BTC on Coinbase every morning US session.base.
https://vxtwitter.com/punk9059/status/1813927342487822817
8 of the 9 funds have set fees ranging from 0.19% to 0.25%, with a fee waiver for the first 6-12 months.
Grayscale, true to form, has set a 10x fee - 2.5% per year.
Grayscale holds 2.92M ETH worth $10B.
Last time, Blackrock was able to take over Grayscale's top spot in terms of BTC under management in 96 days, but the market had a tough first 3 weeks when Grayscale was dumping 10-20K BTC on Coinbase every morning US session.base.
https://vxtwitter.com/punk9059/status/1813927342487822817
🐳 BlackRock's BUIDL fund continues to attract new investors - the fund's total assets have reached $491 million.
🇷🇺 The bill on mining in the Russian Federation removed the provision banning the organization of cryptocurrency circulation — while the ban on advertising remained.
The first version did not ban the use of cryptocurrency by individuals or the use of traditional wallets and crypto exchanges — but the document implied a ban on the creation of entirely Russian exchanges, exchangers and other forms of “organization of circulation” of cryptocurrency.
The first version did not ban the use of cryptocurrency by individuals or the use of traditional wallets and crypto exchanges — but the document implied a ban on the creation of entirely Russian exchanges, exchangers and other forms of “organization of circulation” of cryptocurrency.
💳Russian banks will start using a new mechanism for returning money stolen by fraudsters.
If a victim of a fraudulent "triangle" scheme sends funds to a cryptocurrency seller, the bank will be obliged to return the funds to the victim. However, this will not prevent the bank from suing the seller on the P2P platform, who, unlike a real fraudster, will not hide.
In simple terms: the new mechanism may complicate P2P transactions, as well as increase the number of card blocks.
If a victim of a fraudulent "triangle" scheme sends funds to a cryptocurrency seller, the bank will be obliged to return the funds to the victim. However, this will not prevent the bank from suing the seller on the P2P platform, who, unlike a real fraudster, will not hide.
In simple terms: the new mechanism may complicate P2P transactions, as well as increase the number of card blocks.
🇬🇧 The UK regulator has fined Coinbase $4.5 million, citing “high-risk customers” as the main reason.
These are 13,416 so-called “high-risk” customers who made transactions totaling around $226 million.
These are 13,416 so-called “high-risk” customers who made transactions totaling around $226 million.
🏎Ferrari, after a successful experiment in the US, will start accepting cryptocurrencies in Europe.
The company plans to expand this service to other markets by the end of 2024.
The company plans to expand this service to other markets by the end of 2024.
📊 Some analysts note that the Hash Ribbons indicator has “given a positive signal for BTC” – whenever this happens, there is an “explosive rise in prices”.
⚒ American company Riot Platforms announced the acquisition of Kentucky-based mining firm Block Mining for $92,500,000.
With the acquisition, Riot will immediately gain access to 60 MW across two sites in Kentucky with the potential to expand to 155 MW.
With the acquisition, Riot will immediately gain access to 60 MW across two sites in Kentucky with the potential to expand to 155 MW.
🇵🇹 The European Union has begun to create funds that offer their clients the opportunity to obtain Portuguese (and, accordingly, EU) citizenship for Bitcoin investments of €500,000 under the Golden Visa program.
Usually, direct participation in this program requires a similar contribution of €500,000, but in fiat currencies.
Usually, direct participation in this program requires a similar contribution of €500,000, but in fiat currencies.
🪙It looks like financial giant Franklin Templeton is planning to apply to launch a Solana ETF.
“Beyond BTC and ETH, there are other interesting and important developments that are driving the crypto space forward. Solana continues to evolve while overcoming the challenges of technological growth.”
Recall that Franklin Templeton is the issuer of ETFs on Bitcoin and Ethereum.
“Beyond BTC and ETH, there are other interesting and important developments that are driving the crypto space forward. Solana continues to evolve while overcoming the challenges of technological growth.”
Recall that Franklin Templeton is the issuer of ETFs on Bitcoin and Ethereum.
🇹🇭Thailand is launching a pilot program for a universal basic income, giving low-income citizens 10,000 digital baht ($275).
The “low-income” must earn no more than $23,000 a year and have savings of no more than $13,700. The program will cost the country $13.7 billion.
The “low-income” must earn no more than $23,000 a year and have savings of no more than $13,700. The program will cost the country $13.7 billion.
🐋 Grayscale moved 292,000 ETH ($1 billion) to Coinbase Prime a day before the launch of the Ethereum ETF.
Grayscale has almost 3,000,000 ETH ($10 billion) in the Ethereum Trust — half of which will likely go to other funds, as it did with BTC.
Grayscale has almost 3,000,000 ETH ($10 billion) in the Ethereum Trust — half of which will likely go to other funds, as it did with BTC.
🪙 MtGox transferred 37,477 BTC ($2.5 billion) to an unknown wallet.
Most likely, this is another portion of payments to creditors.
Most likely, this is another portion of payments to creditors.
🕵️♂️ In July 2024, cryptocurrency projects lost $278,800,000 due to malicious activity — the second-highest figure in 2024.
Hacks accounted for $265.8 million, flash loan attacks accounted for $9.8 million, and other scams accounted for $3 million.
About $7.8 million of the total losses were recovered.
Hacks accounted for $265.8 million, flash loan attacks accounted for $9.8 million, and other scams accounted for $3 million.
About $7.8 million of the total losses were recovered.
🪙 An analyst has reviewed the most famous platform for trading Pump Fun tokens on the Solana blockchain:
1️⃣ A total of 1,567,948 tokens were launched on Pump Fun.
2️⃣ 99.9% of tokens die due to rug pull or other scam methods.
3️⃣ The platform earned $80,000,000 in fees.
4️⃣ The number of tokens significantly exceeds the amount of capital required for a sustainable market.
5️⃣ Very few tokens are able to overcome $100 million in capitalization to reach the “survival level”.
6️⃣ Large players are washing out SOL at a tremendous pace - ordinary traders are losing a colossal amount of money.
1️⃣ A total of 1,567,948 tokens were launched on Pump Fun.
2️⃣ 99.9% of tokens die due to rug pull or other scam methods.
3️⃣ The platform earned $80,000,000 in fees.
4️⃣ The number of tokens significantly exceeds the amount of capital required for a sustainable market.
5️⃣ Very few tokens are able to overcome $100 million in capitalization to reach the “survival level”.
6️⃣ Large players are washing out SOL at a tremendous pace - ordinary traders are losing a colossal amount of money.
📉 Intel, once the world's largest chipmaker, will cut up to 19,000 jobs — the company's net loss for the first half of the year was $1.61 billion.
Intel will also reduce marketing and R&D spending by "billions of dollars" through 2026, and will cut capital expenditures by 20% as early as 2024.
It is worth noting that Intel shares have fallen 39% since the beginning of 2024.
Intel will also reduce marketing and R&D spending by "billions of dollars" through 2026, and will cut capital expenditures by 20% as early as 2024.
It is worth noting that Intel shares have fallen 39% since the beginning of 2024.
🪙 Ripple invests $10,000,000 in tokenization of US government bonds on the XRP Ledger blockchain.
Earlier, BlackRock CEO said that the next big wave in crypto will be tokenization of assets (RWA).
Earlier, BlackRock CEO said that the next big wave in crypto will be tokenization of assets (RWA).
Telegram founder Pavel Durov has been included in the Bloomberg Billionaires Index (BBI) for the first time.
He took 279th place with a fortune of $9.15 billion.
He took 279th place with a fortune of $9.15 billion.