Since the success of spot bitcoin ETFs, some investors are hoping Solana could be next. However, there is no regulated futures market in Solana and there is little investor demand. Here’s what investors really want from ETFs. Spot bitcoin and ethereum exchange-traded funds have been a resounding success — and fueled speculation about which cryptocurrency … Read more
A version of this article appeared in Us Decentralization Newsletter on September 03. Sign up Here. GM, Tim Here. Here’s what caught my DeFi-eye recently: Polygon’s MATIC token is getting a new name. Cardano’s Chang hard fork goes live.MakerDAO’s Sky rebrand sparks controversy. MATIC migrates Polygon’s $3.7 billion token is getting a new name. On … Read more
Dan Wu says blockchain companies don’t make good games. Investors are flocking to Web3 gaming ventures despite the lack of hits. Black Myth: Wukong is so hot right now, you can play it in Chinese nightclubs. Dan Woo doesn’t like web3 games. The CEO of Hero Games and an early investor in Game Science — … Read more
Index provider CF Benchmarks has partnered with exchange giant Nasdaq for spot options. These options complement spot bitcoin ETFs. It is also easy to access for retail investors. Nasdaq’s recent application to list and trade bitcoin options is further proof that investors want exposure to cryptocurrency. Retail customers are getting more choice after the successful … Read more
Trump and Harris are set to face off on live television on September 10. The debate will change crypto prices if either candidate does well, an analyst said. Industry pundits don’t see relations with Harris as crypto-friendly despite promises to reset. A second presidential debate is coming – and it’s going to be a big … Read more
Tigran Gambarian was again denied the use of a wheelchair in court. Prosecutors disputed his medical problems. Binance Man’s lawyer says his client has been denied access. Ailing Binance executive Tigran Gambarian pleaded with a Nigerian judge on Monday to allow him to undergo surgery on his back, which has a herniated disc. “I’ve been … Read more
Bitcoin price down. However, analysts say it’s too early to count on a crypto rally. Here’s what drives the price. Analysts say a number of macroeconomic factors will drive Bitcoin’s price to $100,000 and beyond. Their comments came as the world’s largest cryptocurrency fell below the $60,000 mark over the weekend, dampening traders’ confidence in … Read more
Gold hit a record high in August, above $2,500 an ounce. But Bitcoin is still 20% from its all-time high. Here’s what drives both assets, according to analysts. Inflation, geopolitical turmoil and central bank purchases have pushed gold to record highs. Whatever the reasons, “they’ve almost certainly come back to the fact that gold is … Read more
Ryan Salameh, a former FTX executive, tried to withdraw his guilty plea. Later, he asked to withdraw his resignation. His original petition cited a rarely used legal concept. A version of this story appeared in Us The Guidance Newsletter on September 2. Sign up Here. Greetings! Ben Here. Ryan Salam, a former FTX executive sentenced … Read more
Ethereum price fell 22% in August. Lack of institutional demand at current prices is a problem, says Lecker Capital’s Quinn Thompson. Lackluster ETF demand and growing tech criticism hit Ethereum in August, leading to the asset’s biggest monthly drop in more than two years. “A new buyer may not see the value at current prices,” … Read more
Cardano’s Chang Hark fork has just gone live. It brings onchain, decentralized governance to blockchain. The transition will be complete with a second upgrade later this year. The Cardano blockchain has completed the first phase of its Chang hard fork, setting the stage for more decentralized governance. At 10.44am London time on Sunday, Cardano officially … Read more
Cardano’s founder posted his intention on X after it was banned in Brazil The project will become a decentralized platform for free speech. Elon Musk posts alternatives to accessing X in Brazil. Charles Hoskinson, founder of the Cardano blockchain, said in a Post In X, it plans to launch a decentralized social media platform in … Read more