Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund consists of the five biggest cryptocurrencies by market capitalization featured in the CoinDesk Five Index. Roughly 80.2% of the weighted fund is Bitcoin (BTC), followed by Ether
Connecticut Governor Ned Lamont has signed a bill into law restricting the use of digital assets in state government, including the establishment of a cryptocurrency reserve. On Monday, Lamont signed Connecticut House Bill 7082, which was previously approved by the US state’s House of Representatives and Senate. The legislation specifically prohibits the state government from
Key Takeaways Crypto scams and hacks cost investors some $2.5 billion in the first half of this year, a quarterly report from security firm Certik found. The company noted that two large incidents were responsible for about $1.78 billion of the total. Wallet compromise and phishing were the two most common forms for hackers and
Bitcoin is currently trading around $106K, demonstrating stability as long-term holders maintain their positions, with 14.7 million BTC remaining unmoved. This restraint contrasts with the euphoric profit-taking seen during previous market surges. Institutional demand is evident, with significant inflows into Bitcoin ETFs, reshaping market dynamics. Meanwhile, the FATF has raised concerns over rising stablecoin-related crimes,
winnerminingprogres WinnerMining Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. New York City, July 01, 2025 (GLOBE NEWSWIRE) — Against the backdrop of drastic fluctuations
James Walkinshaw, a Democratic candidate seeking to replace the late Representative Gerry Connolly for Virginia’s 11th Congressional District, won a party primary after a cryptocurrency-backed political action committee (PAC) spent more than $1 million to support his race. On Saturday, Democrats in Virginia’s 11th district held a firehouse primary to decide on a possible replacement
Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar to traditional finance requirements. On June 26, the FATF released its annual report that
Ripplecoin Mining has launched a free cloud mining mechanism globally, providing a zero-threshold trial channel, helping users explore new paths for remote mining and passive income, and leading a new trend in industry growth. San Francisco, California, July 01, 2025 (GLOBE NEWSWIRE) — A technical experiment of “de-equipment and de-prepayment” is taking place on the
Crypto exchanges are setting up shop in Europe and securing licenses with EU officials, bringing more competition to the regulated European market. So far this year, OKX, Coinbase, Bybit and Crypto.com have all secured licenses under the EU’s Markets in Crypto-Assets (MiCA) regulation. While it imposes strict requirements on various services in the crypto industry,
Bitcoin loses $107,000 support as short-term technical indicators, including the RSI, turn bearish. Interest in Bitcoin has plummeted to its lowest level since October despite the BTC price holding above $106,000. Ethereum and XRP are broadly consolidating above key support levels, with the decline likely to extend into upcoming sessions. Bitcoin (BTC) edges down for