Once shunned, it’s now been 18 months since spot bitcoin exchange-traded funds were finally given regulatory approval. And a few months after bitcoin ETFs were given the go-ahead, the Securities and Exchange Commission (SEC) did the same for ether in May 2024. So, we now have over a year’s worth of data to compare the
In brief Circle stock closed at $83.23, up 168% from its $31 IPO price, after multiple trading halts due to volatility. The company raised $1.1 billion by listing 34 million shares under the ticker CRCL on the NYSE. Circle ended the day with a market cap of $18.4 billion, below Coinbase’s $85 billion debut but
Legalization of cryptocurrency in Pakistan has evolved into a complex legal and financial dilemma. The Government of Pakistan established Pakistan Crypto Council (PCC) in February 2025 under chairmanship of the Federal Finance Minister, Senator Muhammad Aurangzeb. Appointment of Bilal Saqib as CEO of the PCC and subsequently as Special Assistant to the Prime Minister on
The rapid growth of the cryptocurrency landscape eclipses even the Internet’s adoption decades earlier, maturing from stable coins and Over-the-counter (OTC) exchange platforms to AI cryptocurrencies and robust crypto wallet development. Cryptocurrency ownership has doubled in the last three years, with billions of dollars in transactions now taking place in this innovative sector. Furthermore, the
In brief A website for a Trump-branded crypto wallet went dark Thursday after the project received a cease and desist letter. The wallet was launched by Trump’s meme coin project, which is run by the president’s business partners, but not his family. The president’s sons, who sent the cease and desist, are planning to soon
Needham Bank is heading north with a $212 million cash-and-stock deal to acquire the parent company of BankProv, an Amesbury-based bank that struggled after making an ill-fated bet on the cryptocurrency sector several years ago. The acquisition of Provident Bancorp is the first for Needham and chief executive Joe Campanelli since Needham’s holding company, NB
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Late last month, a shoeless and injured cryptocurrency investor fled from a posh Manhattan townhouse and approached the NYPD with a mortifying story: He’d just escaped 17 straight days of torture, having been held
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Join Our Telegram channel to stay up to date on breaking news coverage Trump Media’s $2.4 billion Bitcoin investment strategy signals massive institutional adoption across cryptocurrency markets. Corporate treasuries are driving heightened interest in new cryptocurrency listings and blockchain innovations. The company plans to acquire approximately 23,000 bitcoins following MicroStrategy’s successful investment playbook approach. MicroStrategy’s
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