Author: CryptoHoppers
Share this article 3iQ Digital Asset Management, a Canadian digital asset investment fund manager., has filed for the initial public offering of the first Solana exchange-traded product (ETP) in North America.The Solana Fund, under the ticker QSOL, will be listed on the Toronto Stock Exchange, offering exposure to Solana’s digital currency, SOL. UPDATE: 3iQ just filed to launch the first Solana ETF in Canada (and thus North America). Looking to launch under the ticker $QSOL. Canada had spot Bitcoin and spot Ethereum ETFs before the US even got futures ETFs for either asset. h/t @alextapscott https://t.co/Ra6vDdepil pic.twitter.com/LRO4NJWhAr — James Seyffart…
Indian Authority Uncovers Large-Scale Crypto and Hawala Operation, Arrests Key Player
India’s Directorate of Enforcement (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act (PMLA), 2002, in connection with an “illegal foreign remittances case” involving cryptocurrency. The investigation uncovered that a Delhi-based company sold cryptocurrencies worth over Rs. 1858 crore ($223 million) on crypto exchanges and made foreign remittances exceeding Rs. 3500 crore. […] Source link
The Crypto community rejoiced after the crypto winter finally came to an end and Bitcoin rallied to an all-time high of over $70k. However, there is a major concern growing among holders as Bitcoin price recently dropped below $65k suggesting the onset of a bearish market. The effect of BTC price movements was evident as all major Altcoins took a hit falling by double-digit percentages. As the 24-hour crypto market cap fell by 3.5% amounting to $2.6 trillion, it is creating a tense environment. As the FUD seems to grow, we try to examine a few contributing causes behind the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. These days, the internet has become our second home. It’s where we communicate, work, shop, and socialize. But lurking beneath the surface lies an unsettling truth: we are being watched. Online surveillance has grown into an unprecedented force, infringing on our privacy and encroaching into every aspect of our lives. I believe blockchain technology holds the key to reclaiming our digital freedom. Online surveillance isn’t anything new. In the early 2000s, with the advent of social media…
Share this article Bitcoin (BTC) has suffered pressure from a downtrend in June so far, according to the trader identified as Rekt Capital. A breakout from this trend, however, could spark a price reversal and put BTC back in its upward movement. #BTC Bitcoin has been in a constant downtrend all of June thus far (light blue) But break this downtrend line and BTC will initiate a price reversal$BTC #Crypto #Bitcoin pic.twitter.com/SgkVRoMsfA — Rekt Capital (@rektcapital) June 18, 2024Notably, the price reversal wouldn’t be the start of a parabolic upward movement, but a local reversal. This means that Bitcoin would…
Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the […] Source link
Binance Chief Executive Officer (CEO), Richard Teng has made a bullish prediction for Bitcoin, the world’s largest cryptocurrency. Despite BTC’s recent downward trend, Teng foresees the cryptocurrency hitting $80,000 in this market cycle, citing the influence of Spot Bitcoin ETFs and Spot Ethereum ETFs as potential drivers. Bitcoin Predicted To Hit $80,000 In 2024 In a recent interview on the YouTube channel, Bankless, Teng shared his 2024 prediction for Bitcoin, foreseeing major gains ahead for the pioneer cryptocurrency. The Binance CEO disclosed that in 2023, he had initially predicted BTC would hit an all-time high of $80,000. However, with the…
In 2023, Ternoa released a decentralized privacy stack as a Polkadot SDK L1 chain. Now, the company is launching zkEVM+, an Ethereum L2 developed using Polygon CDK that focuses on security and privacy. Polycon CDK has been instrumental in the development of Ternoa’s zkEVM+, an L2 on Ethereum that is focused on safety and privacy. This follows the introduction of a decentralized privacy stack, which is accessible through a Polkadot SDK L1 chain. As a comprehensive EVM-like framework, zkEVM+ introduces censorship reluctance through integrity proofs and conventional privacy aspects to the Ethereum ecosystem, fostering a connection between users and developers.…
The SEC closes investigation into Ethereum 2.0, no securities charges against ETH: Consensys
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Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC
The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible trade imbalances derived from using Mbridge, a CBDC cross-border settlement project. […] Source link