Tag: Ethereum

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Trader nets $17M profit by shorting James Wynn’s risky strategy

Although James Wynn faced losses nearing $100 million, a different trader amassed a substantial profit by regularly positioning against his trades. A crypto trader secured...

REX advances ETH and SOL staking ETFs through uncommon C-Corp structure amid softer SEC stance

James Seyffart pointed out that the C-corporation model—seldom applied in the ETF space—was strategically employed to bypass the standard 19b-4 regulatory review process. According to...

SharpLink gaming, dubbed ‘Ethereum’s Own Saylor,’ plans $1B ETH acquisition

According to a recent SEC filing, Sharplink Gaming plans to allocate the majority of the funds from its proposed stock sale toward acquiring Ether. SharpLink...

Bitcoin ETFs see first collective outflow in two weeks, while BlackRock defies trend

A ten-session inflow streak was halted for U.S. Bitcoin ETFs on May 29, as a net outflow of $347 million was recorded. Notably, BlackRock’s...

Ethereum foundation deepens DeFi involvement with $2M GHO loan

The Ethereum Foundation has drawn criticism for financing its daily activities through the sale of ETH. With a $2 million loan obtained via Aave,...

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Coinbase obtains MiCA license and launches european headquarters in luxembourg

Coinbase officially obtained the MiCA license in Luxembourg, gaining...

Solana reports 3,200 active developers, surpasses $1B in app revenue for second consecutive quarter

Solana (SOL) has continued to experience high levels of...

Hedge fund execs voice concerns over Bitcoin’s future in post-Trump Era: Eric Semler

Eric Semler embraces his role as the “lone voice...

South Korea advances toward spot Bitcoin ETFs as FSC reviews proposal

Amid comprehensive regulatory reforms, transaction fees at leading crypto...

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