Justin Sun, never one to shy away from a bombastic move, is doing it again. In other TRX ETF news, Canary Capital has officially filed for a spot TRX ETF. This announcement has sent shockwaves through the crypto economy. Is this incredibly creative but risky new move the breakthrough that...
As of this writing the world of crypto ETFs is rapidly changing. Most notably, talk of the eventual approval of a Tron (TRX) ETF that provides staking rewards has created a massive buzz. This use of the crypto world’s most innovative financial product holds exciting, simplified access to the bigger...
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...
Canary Capital is the latest to file for a staked Tron (TRX) exchange-traded fund (ETF). This development created much excitement and debate in the cryptocurrency world as the SEC now works through corresponding applications for staked Ether (ETH) ETFs. The proposed ETF would use CoinDesk Indices to track TRX’s spot...
Imagine a small village in Kenya. Women like our fictional character Aisha are going to be marginally safer and more empowered when she accesses a crypto platform on her smartphone. As testimonials show, she can stake a small amount of TRX, further earning rewards which help pay for school fees...
The SEC's stance on crypto staking is not just cautious. It's dangerously ignorant of the seismic shift happening in Southeast Asia. In the US, regulators keep their eyes peeled to dissect every detail of redemption timelines and tax complexities. At the same time, one of the world’s largest regions is...
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 Securities and Exchange Commission (SEC) recently delayed its decision on Grayscale’s proposal. This proposal seeks to add Ethereum staking to its as-yet-unapproved spot Ethereum ETF and Ethereum Mini Trust ETF. The delay moves the final decision date to at least June 1, 2025, it said, up from an initial...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...
The original and inarguable promise of crypto was decentralization and freedom. We lost sight of that dream and exchanged it for something else. A façade that appears solid even if it’s a digital optical illusion shimmering on top of a fintech swamp crater. I'm talking about stablecoins.Are Your "Safe" Coins...