Grayscale launches Lido, Optimism investment funds
The new funds add to Grayscale’s expanding suite of single-asset crypto products.
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Balancer (BAL) hits an all-time high as DeFi projects trial new solutions
Protocol integrations, gas fee reimbursements and a bump in DeFi activity back Balancer’s rally to a new all-time high. 2372 Total views 21 Total shares Decentralized finance (DeFi) was the driving force behind the growth in the cryptocurrency market in early 2021 but lately, the sector has taken a back seat to nonfungible tokens as…

Canary Capital files for staked TRX ETF
The ETF plans to hold and stake TRX, the native token of the Tron blockchain, which currently offers an annual yield of about 4.5%, according to StakingRewards.com. United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network’s native token, TRX (TRX), regulatory filings show. The fund

Peter Schiff Blames ‘Whales’ After Bitcoin Gains 30% Against Gold
HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets.In a tweet posted on Oct. 29, Schiff — a diehard gold proponent — said:“Bitcoin hodlers won't sell as they believe they'll get rich when #Bitcoin moons. Bitcoin whales get rich by selling now to…

Grammy-Nominated Artist Akon to Launch Cryptocurrency on Stellar
Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain.Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values.“Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, particularly in…

The Yearn.finance factor: Key use cases to explain YFI’s high value
The crypto industry is known for its dramatic price action, euphoria and bubbles. In the latest sustained fad since the 2017 initial coin offering, or the ICO boom, the decentralized finance niche of the industry now captivates the attention of many participants. One particular asset within this niche, YFI, has pumped to amazing price heights,…

Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

Bullish Bitcoin options dominate May’s $6.5 billion expiry
Bitcoin bulls have strong incentives to push the BTC price above $70,000 on May 31, but the clock is ticking.

Canadian wellness firm approves plan to add $1M of Bitcoin to treasury
Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”