T. Rowe Price has filed to hold a broad set of digital assets in its new exchange-traded fund (ETF), including bitcoin, ether, dogecoin and shiba inu. The asset manager, which has $1.8 trillion in assets under management, filed an amended S-1 registration statement with the US Securities and Exchange Commission (SEC) offering new details about […]
Ethereum’s ether (ETH) steals the spotlight in Monday’s crypto rally, climbing to a six-week high as investor demand shows signs of returning to the second-largest digital asset after months of bruising. Ethereum’s native token, ETH, soared to over $2,300, gaining more than 10% in the last 24 hours. That easily outpaced bitcoin’s 3% gain and
ETH Rises 10% Faster Than Bitcoin Gains As ETF Demand, Bitmine Buys Accelerate Read More »
Law enforcement agencies from the US, UK and Canada started a joint initiative called Operation Atlantic aimed at disrupting cryptocurrency fraud schemes known as authentication phishing attacks, the Ontario Securities Commission (OSC) said on Monday. The scammers work by asking victims to approve malicious wallet permissions through fake alerts or pop-ups that appear to come
Crypto-wealth platform Abra said it plans to go public through a merger with special-purpose acquisition firm New Providence Acquisition Corp. III in a deal that values the company at $750 million. The combined company will be renamed Abra Financial Inc. and is expected to be listed on Nasdaq under the ticker ABRX, according to a
Crypto wealth platform Abra goes public via $750 million SPAC deal Read More »
Shares of stablecoin issuer Circle (CRCL) have surged more than 100% over the past month, turning what many investors once saw as one of the most conservative corners of crypto into one of the market’s hottest deals. The rally picked up steam on Monday, with the stock rising another 8% to $124.37, outperforming other crypto-linked
Why this boring stablecoin is suddenly the hottest trading crypto Read More »
The Ethereum Foundation’s new mandate — a comprehensive document released Friday to clarify the organization’s role and principles — sparked a flurry of reactions, with supporters praising it as a long-overdue articulation of blockchain’s ethos and critics saying it reinforces the foundation’s hands-off approach at a time when Ethereum’s need for strong leaders can meet
The foundation’s new mandate sparks debate about its role and priorities Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2140.46, up 5.1% (+104.17) since 16 ET Friday. All 20 assets are trading higher. Leaders: ETH (+8.8%) and DOT (+8.5%). Laggards: UNI (+0.9%) and BCH (+2.5%). The CoinDesk 20
Ethereum (ETH) price jumps 8.8%, leading the index higher Read More »
Institutional investors may prove to be more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors have largely held onto their positions during the crypto market’s steep decline. “The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs accumulated about
Cryptocurrencies started the week on a strong footing with bitcoin BTC$73,470.16 rose above $74,000 and US stocks rose as oil prices fell. In US morning trading, BTC hit its strongest price since early February at $74,500, up 3.9% over the past 24 hours. The largest crypto broke out of its six-week range, boosting sentiment across
BTC rises 4% and approaches the $75,000 level for the first time in six weeks Read More »
Bitcoins BTC$74,246.35 recent strength amid geopolitical uncertainty reflects a fundamental shift in the asset’s ownership structure, according to Wall Street brokerage Bernstein. The cryptocurrency rose about 7% last week, with ether (ETH) up about 9%, outperforming gold and global stock indexes as markets reacted to escalating global conflicts. The broker said the performance highlights how
Bitcoin (BTC) rises as Iran conflict tests crypto’s safe haven, Bernstein says Read More »
