Purpose Investments has done something neat by launching the Purpose Solana ETF, which gives investors direct access to Solana’s high-throughput network. This unique ETF is specially engineered to bring staking rewards directly into the fund, boosting returns for investors. The launch deepens Purpose Investments’ suite of crypto ETFs, further solidifying...
Canary Capital has filed with the U.S. Securities and Exchange Commission (SEC) for a spot Tron ETF with staking capabilities. As stated in the filing on Friday, the goal is to provide investors access to profit from the appreciation of Tron’s price. Today, Tron is the ninth-largest cryptocurrency with a...
Changpeng Zhao (CZ), the head of Binance, has proposed unifying BNB staking tokens to simplify the decentralized finance (DeFi) ecosystem and encourage broader adoption. CZ's suggestion to unify staking derivatives could streamline BNB's functionality across DeFi platforms. This move reflects Binance's commitment to maintaining its leadership in Web3 usability and...
Canary Capital’s registration statement with the U.S. Securities and Exchange Commission (SEC). This new exchange-traded fund (ETF), the first of its kind, will invest directly in TRX tokens and include staking features. This filing marks the first ETF proposal connected to TRX. At the same time, the crypto industry has...
Aptos, the blockchain founded in 2021 by ex-Meta engineers, is currently considering a community proposal. This little known proposal could radically alter his administration’s staking reward structure. UGC community member MoonSheisty entered a treasury proposal to reduce staking rewards by an effective almost 50%. This ambitious step has sparked a...
Tokens Mint and SOLX that have recently released, taking innovative approaches on token distribution and utility. Both tokens seek to reward more active, engaged participation in the community. They promote sustainable growth through careful resource allocation for airdrops, staking rewards, development, and marketing. Each token uses a different distribution model...
Credefi has introduced a novel staking model that incorporates Module X, designed to provide competitive yields while safeguarding investors' funds. This groundbreaking strategy directly addresses the pitfalls associated with SME loans. It further mitigates the impacts of volatile crypto markets by tying protocol rewards to the value created in the...
The U.S. Securities and Exchange Commission (SEC) has announced that it is once again extending the timeframe for consideration of Grayscale’s proposed rule change. This adjustment applies to the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF. We’re thrilled to hear this news from Grayscale, which...
The approval of spot Solana (SOL) exchange-traded funds (ETFs) comes from Canada. Importantly, these new ETFs will partly rely on staking rewards, as disclosed by Bloomberg senior ETF analyst Eric Balchunas in an April 14 tweet. Unlike other blockchain ETFs, these ETFs will directly hold SOL tokens. This new method...
Since then, Paul Atkins has taken the reins at the SEC, which represents a dramatically different leadership as well. If successful, this change would be a tectonic shift for Bitcoin’s future. Forget the typical bureaucratic relabeling – this is an actual paradigm shift in thinking. He is a pro-crypto advocate....
Bitcoin has vaulted to an all-time high – peaking at an intraday high of $88,821.47. This breakout comes after weeks of tight, sideways price action – a period that has had investors excited and anticipating this move. The surge coincided with pro-cryptocurrency Paul Atkins being sworn in as the new...
Bitcoin’s blasting off like a SpaceX rocket, Ethereum sputtering on the launchpad. And when we look out, we see the headlines, the charts, the breathless pronouncements of a new bull run. But wait before you envision Lambos lining the streets in front of mud huts, let’s discuss what all this...
Western analysts are salivating over Bitcoin possibly reaching $92,000. Okay, fine. Let’s be honest, that’s a whole lot of yesterday’s news in Southeast Asia. We understand that Wall Street is attuned to charting lines and price targets, and the like. In contrast, Gen Z in Indonesia, the Philippines and Vietnam...
$90,000 Bitcoin? So what? That’s probably your first thought. Another number, another headline. Allow me to say, this is not another price point. For Africa, a jump to $90K-$92K would be a tectonic shift kind of deal. Perhaps this new record will ignite the new financial revolution that has been...
Bitcoin (BTC) price has recently made powerful bullish momentum. This has left many individual investors scrambling to figure out whether it’s going to shoot up to $90,000 in the near future. This article unpacks the technical analysis behind TCX’s potential rally. That includes an overview of major support and resistance...
The hype was real. When Trump first indicated a pro-crypto position (most notably with the Strategic Bitcoin Reserve plan that sent Bitcoin’s value skyrocketing). The reality? That’s a huge disappointment, particularly to Africa’s rapidly growing fintech market. In the process, the often-forgotten continent is again, er, forgotten. We were sold...
Southeast Asia was buzzing. You could feel it. The busy streets of Jakarta are clamorous with activity. In stark contrast, Singapore’s tech scene is abuzz with the latest wave of hopeful optimism. Bitcoin. This initiative is not only about profit. We seek financial inclusion to unshackle from the longstanding gatekeepers...