🔥 BlackRock is preparing its application for an XRP ETF in view
BlackRock is expected to apply for a cash XRP ETF once Ripple and the SEC resolve their legal battle, according to ETF Store head, Nate Gerac
🔥 Coinbase will add trading on decentralized exchanges (DEX) to its app
Coinbase, one of the most popular cryptocurrency exchange platforms, has announced that it will incorporate trading on decentralized exchanges in its app. The move is a recognition of the growing importance of decentralized exchanges in the world of cryptocurrencies.
This new service will allow users of the Coinbase app to trade on various DEX directly from their platform. A big step towards decentralization!
🔥 Bitwise: Institutional and corporate demand for BTC significantly outpaces the growth of new supply.
Bitwise refers to this as a "supply shock." In other words, demand for BTC from institutions and corporations continues to far exceed the growth of new supply. It is a clear indicator that interest in the cryptocurrency continues to rise.
🔥 Animoca Brands teams up with Standard Chartered Bank and HKT to create Anchorpoint Financial Limited
Animoca Brands, in collaboration with Standard Chartered Bank and HKT, is creating Anchorpoint Financial Limited. This new entity plans to obtain a license to issue stablecoins in Hong Kong. This is a big step towards the adoption of cryptocurrencies in the financial world.
🔥 Fundamental Global, a Nasdaq-listed company, files a prospectus with the SEC
The company plans to sell up to $5 billion in shares to form an Ethereum reserve. Vitalik Buterin, creator of Ethereum, has commented for the first time on this ETH treasury initiative, welcoming it in the context of attracting new investors and ways to interact with the asset.
However, Buterin expresses his concern about the excess credit to these companies. He assures that caution is necessary to avoid a potential negative impact on the market.
