Huaxia Fund, a wholly-owned subsidiary of China Asset Management (ChinaAMC), is about to roll out staking services for its Ether exchange-traded fund (ETF). This latest action follows a similar policy reversal from Hong Kong’s Securities and Futures Commission (SFC) earlier this month. The SFC amended those regulations on April 7....
Let’s not kid ourselves, the crypto space is intimidating, confusing and yes, even scary sometimes. It seems like every other day there’s a new coin, a new hack, or a new regulatory scare. You understand the promise and you’ve read those articles on early adopters cashing in on windfalls. The...
The Alabama House Ways and Means General Fund Committee has delayed the vote on HB482. This bill would authorize the State Treasurer to invest in various digital assets, including cryptocurrencies like Bitcoin and Ethereum. Rep. Mike Shaw, R-Hoover, the bill’s sponsor, introduced HB482. This bill is one of three in...
Figment, one of the industry’s largest staking providers, provides the infrastructure for 3iQ’s SOLQ ETF. This recently launched exchange-traded fund (ETF) provides an easy way for investors to earn Solana staking rewards. Figment does out offering of mission-aligned, dedicated infrastructure and expertise. This backing enables 3iQ to provide a trusted...
Despite the rise of cryptocurrency and blockchain technology, Alabama’s overall approach to it has been slow, but intentional and measured. Our Alabama lawmakers are continuing to watch the technology and its effects closely. Unlike in many other states, they are being cautious and deliberate before jumping into the deep end...
The Canadian Securities Administrators (CSA) are formalizing their approach to crypto investment funds, moving away from case-by-case exemptions to concrete rules. It's simple. Global regulatory shifts, even those originating in North America, ripple outwards, impacting the strategies and ultimately the fate of Southeast Asia's burgeoning tech sector. Action by the...
The Canadian Securities Administrators (CSA) have announced their intention to make amendments to the current fund regulations. In particular, these changes will add new detailed provisions tailored to crypto funds. These changes are intended to formalize practices that have already been in place via the prospectus review and approval process...
Canada’s financial regulators are increasing scrutiny of crypto mutual funds. These amendments are intended to shore up investor protections and foster stability in the quickly changing landscape inherent in the world of digital assets. Our friend Jason, a blogger at BlockchainShock, breaks down what these new regulations mean for Canadian...
Let's cut to the chase: Canary Capital's Tron (TRX) ETF filing with the SEC is not just another crypto ETF application. It’s a potential watershed moment. We’ve witnessed the SEC’s reluctance, if not flagrant refusal, of crypto products—particularly ones with staking. Remember Grayscale's ETH staking ETF woes? They were truly...
Samson Mow, CEO of JAN3, and a long-time Bitcoin proponent, dropped a valuation bomb on XRP recently. His calculation? If XRP had Bitcoin’s hard cap of 21 million coins, each XRP token would theoretically be worth at least $5,800 each. At first glance, it's a mind-blowing figure. Or is this...
The crypto market is a ripe ecosystem for hot takes and wild predictions. Recently, an executive of CryptoGuard caught expert’s attention by predicting that XRP price will reach $1,000. This ambitious target has led to much discussion and speculation across the crypto space. BlockchainShock will be following this prediction very...
The crypto community can’t stop talking about XenDex ($XDX), a new decentralized finance (DeFi) project developed on the XRP Ledger. And indeed, its presale has absolutely sparked a huge demand, with 20% of the total tokens already sold within only the first day! This rapid uptake has led many to...
Matthew Brienen, COO of CryptoGuard, throws a massive number out there: XRP to $1,000 within a decade. He’s going all in, putting 50% of his crypto portfolio on XRP. And look, everybody loves a great moonshot story in crypto. Before you remortgage the homestead and load up the family into...
Matthew Brienen, COO of CryptoGuard, believes that XRP can go as high as $100, even $1,000 over the next 10 years. And you know what? I’m here for it! Never mind the pessimists still grasping at old financial paradigms. So why expand this to all of Southeast Asia, and why...
XenDex’s $XDX token presale is starting super quick, with over 20% fill within first 24 hours already reached! VINU presale has created a massive buzz in the crypto community. If today’s surge continues, analysts are estimating that all of the remaining tokens will sell out within a matter of days....
As things develop, the $XDX presale of XenDex is a scaly topic that has analysts anticipating a fast sell-out. More than 20% depleted in the first day? That's a rocket launch. Before you hit the brakes, let’s examine the evidence. As an experienced blockchain researcher, I am here to help...
Then again, the crypto market is always a fickle creature, right? Now we’re witnessing Bitcoin dancing around $95,000, a resurgence for altcoins, and the Fear & Greed Index showing “greedy.” Amidst this resurgence, two tokens stand out: TRUMP and SUI. Both have provided record-breaking returns of 79% and 70%. They...
Unprecedented inflows inundate the market, with BlackRock and Fidelity at the top. Bitcoin has rocketed above $90,000, triggering stories that scream of a crypto comeback triggered by investments from traditional institutions. Before you go running into this like everyone else, driven by your fear of missing out (FOMO), wait up...