Odds favor Solana ETF in 2025: VanEck
The United States has only approved ETFs for Bitcoin and Ether, versus some 30 digital asset types in Europe, according to the Financial Times.
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BTC sinks below $40K, Bitcoin inflows to centralized exchanges surge
Bitcoin inflows to centralized exchanges have surged, prompting bearish speculation the crypto markets could be building up to a violent wash-out.Lex Moskovoski, CIO at Moskovoski Capital, shared data showing that 22,917 BTC was transferred onto centralized exchanges in a single hour on May 18. Moskovoski noted the hourly inflow was the largest since the March…

NFT ticketing may catch on faster in France after UEFA championship debacle
French authorities take note after fake tickets and gatecrashers spoiled the UEFA Champions League final experience for many soccer fans in Paris last month. 240 Total views 3 Total shares The disorder before the UEFA Champions League final game may lead to the widespread adoption of nonfungible tokens (NFTs) for ticketing at sports events in…

NYDIG cuts Bitcoin fee to 0.3% for investors as Morgan Stanley opens floodgates
Competition among institutional Bitcoin services continues to heat up as fees are slashed in time for a fresh herd of investors entering. 2047 Total views 17 Total shares Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action.In a press release on…

Avalanche, Gelato launch enterprise sovereign chains for institutions
Blockchain developer platform Gelato is launching a new blockchain-as-a-service solution on Avalanche to meet the growing demand for sovereign blockchain infrastructure during a crucial “tipping point” for institutional adoption. Gelato, which previously developed blockchain solutions for companies such as Kraken and Animoca Brands, unveiled the new upgrade that aims to let developers deploy fully sovereign

Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC
Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its BTC holdings. 848 Total views 21 Total shares Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s…

Is $1 billion a day in volume the ‘new normal’ for Uniswap?
Uniswap could be averaging $1 billion in daily trade volume soon with the majority of trades occurring between Ethereum and stablecoins. 1256 Total views 7 Total shares Leading decentralized exchange, or DEX, platform Uniswap continues to lead the sector as it nears an average of $1 billion a day trading volume for the month of…

EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows
The markets were mixed on May 11 as Bitcoin (BTC) recovered from Monday's drop to $53,000 by bouncing to $56,862 but the digital asset is still finding resistance at the $57,000 level. Ether (ETH) also worked its way back above $4,100 but according to Cointelegraph analyst Marcel Pechman, the bullish sentiment for Ether seen in recent…

Magic Eden to refund users after 25 fake NFTs sold due to exploit
Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a "massive exploit" on the platform. 246 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into…