The Utah House of Representatives has passed HB 230, also known as the Blockchain and Digital Innovation Amendments. This marks a significant step in the state’s approach to digital asset investment. The bill allows the state of Utah to allocate up to 5% of public funds to qualifying digital assets. It passed with a narrow … Read more
Virtune AB, a Swedish regulated digital asset manager and issuer of crypto exchange-traded products (ETPs), has expanded its crypto offerings to the European market with the new launch of the Virtune Staked Cardano ETP and the Avalanche ETP. It’s the world’s second investment product that offers exposure to ADA, one of the largest cryptocurrencies by … Read more
Brazilian lawmaker Adriana Ventura has introduced a draft bill that would allow investment funds in Brazil to invest in crypto, including bitcoin. Draft Bill Could Let Brazilian Funds Invest in Crypto Brazilian investment funds may soon gain regulatory approval to buy cryptocurrencies, thanks to a new draft bill introduced by São Paulo MP Adriana Ventura. … Read more
Financial firms are pushing for XRP ETFs to bring crypto to traditional markets. SEC’s approval of XRP ETFs could shape future crypto investment products. XRP’s price remains stable despite increasing ETF filings and market interest. Several financial firms, including WisdomTree, Bitwise, 21Shares, and Canary Capital, have filed applications with the Chicago Board Options Exchange (CBOE) … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
AUD/JPY trims its daily losses following the cautious remarks from the International Monetary Fund on Friday. The IMF cautioned that Japan should stay vigilant against potential spillover effects stemming from increased volatility in global markets. The AUD could face challenges due to the dovish mood surrounding the RBA’s policy outlook. AUD/JPY remains subdued for the … Read more
Cryptocurrency analyst il Capo of Crypto shared his latest assessment following the deep decline in an altcoin that he had previously spoken in favor of bulls in his latest statement. While the Ethena (ENA) price was trading at around $0.90 in January, il Capo predicted that the token could climb to $1.33 after falling to … Read more
Bybit has successfully registered with the Financial Intelligence Unit India (FIU-IND). The Indian government mandates that all Virtual Digital Asset Service Providers (VDASPs) register with FIU-IND and adhere to strict AML and CFT measures. Bybit settled a $1 million penalty before securing approval. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has registered with … Read more
On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs). Cboe Files 19b-4 Proposals for XRP Trusts Fundamentally, a … Read more
Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors. Crypto Market Crash: Why Bitcoin, XRP, Solana, And Dogecoin Are Dropping CoinMarketCap data shows that the Bitcoin, XRP, Solana, and Dogecoin prices are dropping today amid another … Read more