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U.S. Sees Record 92 Crypto ETP Filings

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Bloomberg analyst James Seyffart has reported a record surge in institutional interest in digital assets, with an unprecedented 92 cryptocurrency ETP (Exchange-Traded Product) filings in the U.S. This marks the largest number of such filings to date and signals a potential major expansion of the crypto market. Most of these filings are structured as ETFs, … Read more

Upcoming Crypto Unlocks to Bring $4.5 Billion in Supply

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The crypto market is anticipating a significant influx of tokens in September, with over $4.5 billion worth of vested tokens scheduled to unlock, according to data from Tokenomist. This new supply will be released in two ways: Cliff unlocks: Roughly $1.17 billion will be released in large, one-time events. These can cause a sharp, immediate … Read more

ARK Invest Increases Stake in Bitmine Immersion Technologies (BMNR)

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Cathie Wood’s ARK Invest has significantly increased its investment in Bitmine Immersion Technologies (BMNR), purchasing an additional $15.6 million in shares. This acquisition brings ARK’s total investment in the company to over $300 million. The purchase, which occurred on August 27th, was distributed across three of ARK’s ETFs: ARK Innovation ETF (ARKK): 227,569 shares ARK … Read more

New Crypto SPAC Aims to Raise $200 Million

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A new special purpose acquisition company (SPAC), Bitcoin Infrastructure Acquisition Corp Ltd, is looking to raise $200 million by offering 20 million shares at $10 each on the Nasdaq under the ticker “BIXIU.” This move is part of a growing trend of crypto firms going public. Based in the Cayman Islands, the SPAC plans to … Read more

21Shares Files for a Sei ETF, With Staking Rewards as a Key Feature

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21Shares, a crypto investment firm based in Switzerland, has filed a new S-1 registration with the SEC for the 21Shares SEI ETF. This passive fund would track the performance of the CF SEI-Dollar Index. A unique feature of this filing is the inclusion of a staking rewards component. The fund’s sponsor can choose to reflect … Read more

U.S. Government Puts Key Economic Data on Public Blockchains

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In a significant move, the U.S. government has begun publishing critical economic data, including Gross Domestic Product (GDP), on public blockchains. This initiative, spearheaded by Commerce Secretary Howard Lutnick, reflects a growing endorsement of the crypto industry by the Donald Trump administration. The Commerce Department partnered with Chainlink to securely deliver data from the Bureau … Read more

Tether Launches USDT on Bitcoin via RGB Protocol for Private, Scalable Payments

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Tether, the company behind the largest stablecoin, USDT, has expanded its reach into the Bitcoin ecosystem by making its token available through the RGB protocol. This move allows digital assets to be natively issued on the Bitcoin blockchain. Tether announced on Thursday that this integration will enable users to conduct transactions directly on Bitcoin’s secure … Read more

CFTC Clarifies Path for Foreign Crypto Exchanges to Serve US Markets

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The Commodity Futures Trading Commission (CFTC) has issued new guidance clarifying how non-U.S. exchanges can register to directly serve American customers. Issued on August 28, the advisory from the CFTC’s Division of Market Oversight reaffirms a longstanding framework from the 1990s, which permits foreign exchanges to register as “foreign boards of trade” (FBOTs) to offer … Read more

Three Meme Coins to Watch in September: Whales Accumulate Amid Market Weakness

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The meme coin market ended August on a lackluster note, with most major tokens posting significant monthly losses. However, despite the recent downturn, on-chain data and technical indicators suggest a potential shift in momentum for three specific tokens as September begins. Bonk (BONK), Pudgy Penguins (PENGU), and Dogecoin (DOGE) are showing signs of strong whale … Read more

Solana to Launch ‘Game Boy’-Style Blockchain Gaming Console

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Solana is set to release its first blockchain gaming console, the PSG1, which has a nostalgic design reminiscent of the classic Nintendo Game Boy. According to Play Solana’s announcement, the devices are now shipping. The PSG1 combines retro gaming with modern blockchain technology, allowing for an integrated gaming economy. It features a powerful Rockchip RK3588S … Read more

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