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Grayscale Battles Outflows & Lower-Cost ETFs; Parent DCG Reports 11% Revenue Rise in Q1
May 10, 2024
Even amid struggling outflows and rising competition from lower-cost Exchange-Traded Funds (ETFs), leading digital asset manager Grayscale Investments managed to record stable revenues in the first quarter of the year. …
Read moreCardano Founder Accuses Biden Administration of 'Crypto Killing' Effort
May 10, 2024
Cardano's creator, Charles Hoskinson, has levelled accusations against the administration of U.S. President Joe Biden, stating a deliberate initiative to overwhelm the crypto sector in the country. The criticism followed …
Read moreThe Rising Popularity and Novel Marketing Tactics of Meme Tokens
May 9, 2024
With a colder cryptocurrency climate, some creative 'degens' are pushing boundaries with elaborate performance art and unique marketing strategies for meme coins. Livestreams have become a platform for developers to …
Read moreRegulatory Pressure and Dencun Update Pose Challenger for Ethereum
May 9, 2024
Ethereum co-founder Joe Lubin has noted the intensified SEC scrutiny as a form of creating uncertainty and fear, aimed at pushing the cryptocurrency offshore. Lubin argues that the Wells Notice …
Read moreRobinhood Displays Optimism in Face of SEC Notices Amidst Thriving Crypto Trading
May 9, 2024
Robinhood CEO Vlad Tenev has actively addressed issues concerning recent Wells Notice from the SEC, stating that the firm will "defend ourselves and advocate for our customers". This comes amidst …
Read moreBinance Accused of Dismissing Investigator Disclosing Client Market Manipulation
May 9, 2024
The global cryptocurrency exchange, Binance, reportedly dismissed the head of its market surveillance team after he expressed apprehension about potential market manipulation by a well-known client, according to recent allegations …
Read moreSEC Delays Exodus' NYSE American Listing for Review
May 9, 2024
Crypto wallet provider Exodus recently declared an unexpected decision by the US Securities and Exchange Commission (SEC) to postpone its set listing on the NYSE American stock exchange. The delay …
Read moreFormer President Endorses Crypto; Castigates Rival's Meme Coin
May 9, 2024
At a recent gathering, the former U.S. President hosted cryptocurrency enthusiasts, specifically Non-Fungible Token (NFT) holders, where he expressed his positive stance on crypto, yet criticized President Biden's lack of …
Read moreLearn Concept: Significance of Network Activity in Crypto Asset Valuation
May 9, 2024
Concept OverviewNetwork activity serves as an essential barometer of the health and value of a cryptocurrency. It comprises various metrics that provide insights into the use, adoption, and robustness of …
Read moreMassive Surge in Robinhood's Q1 Crypto Trading Volume Amid SEC Scrutiny
May 9, 2024
Trading platform Robinhood disclosed a substantial increase of 224% year over year in their crypto notional trading volume during the first quarter of 2024, hitting a $36 billion figure. The …
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