In volatile markets, RWAs like gold are a lifeline

In volatile markets, RWAs like gold are a lifeline

Gold has long been a safe haven in turbulent times, but decentralized finance (DeFi) can unlock its untapped potential. Opinion by: Kevin Rusher, founder of RAAC It’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors…

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Institutional investors continue to scoop up Bitcoin above 0K

Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin surged past $100,000 on May 8 as institutional investors ramped up ETF inflows, with ARK 21Shares, Fidelity and BlackRock leading the charge. Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats. Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3…

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Bitwise throws spot NEAR ETF in race for SEC approval

Bitwise throws spot NEAR ETF in race for SEC approval

Crypto asset manager Bitwise has thrown NEAR into the crypto ETF ring following an S-1 filing with the SEC. Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval. The Bitwise Near…

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Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

Kraken said its acquisition of NinjaTrader is complete, enabling traditional derivatives trading for US customers as the exchange’s revenue rose to $471.7 million in the first quarter. Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million. Kraken said in…

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SEC punts decisions on XRP, DOGE ETFs

SEC punts decisions on XRP, DOGE ETFs

The filings respond to March proposals by NYSE Arca and Cboe BZX Exchange to list ETFs from Bitwise and Franklin Templeton. The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP, filings show.  The US regulator has delayed its deadline for…

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Nasdaq files to list 21Shares Dogecoin ETF

Nasdaq files to list 21Shares Dogecoin ETF

The US exchange is seeking regulatory approval to list shares of 21Shares’ DOGE ETF. The SEC is currently reviewing more than 70 applications for crypto ETFs. The United States exchange Nasdaq has asked regulators for permission to list a 21Shares exchange-traded fund (ETF) holding the popular memcoin Dogecoin, regulatory filings show.  The move follows 21Shares’…

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