Japanese financial services conglomerate SBI Holdings denied media reports that the company had filed for crypto-related exchange-traded funds (ETFs). Media reports circulated Wednesday saying SBI had filed an ETF application for two products: a dual gold and crypto ETF and a dual Bitcoin (BTC) and XRP (XRP) ETF. The stories cited the company’s earnings report.…
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The odds of an early Bitcoin investor buying the cryptocurrency when it was worth cents and keeping those holdings until today to make them a billionaire are extremely low, says a crypto trader. The trader, known as Techdev, shot down the notion that many traders could’ve held onto Bitcoin (BTC) from its early days in…
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Bitcoin miner CleanSpark has reported its best-ever quarterly results, with its highest-ever revenue and profitability beating analyst expectations. CleanSpark said on Thursday that its revenue for its third quarter from April to June was $198.6 million, a 91% increase from its $104 million in revenues from the same quarter a year ago, beating analyst expectations…
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Ether has continued to hold strength, signalling that altcoins may be gearing up for an explosive rally of up to 500% as early as October, says a crypto analyst. However, not all traders are convinced Ether’s (ETH) current uptrend will last. Altcoins may start posting gains by October MN Trading Capital co-founder Michaël van de…
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The filing came precisely one year after Ripple had been ordered to pay $125 million as part of an enforcement action over the company using XRP as unregistered securities. News COINTELEGRAPH IN YOUR SOCIAL FEED The civil lawsuit between the US Securities and Exchange Commission (SEC) and Ripple Labs appears to be finished after a…
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Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trump’s family. According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald…
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The US Securities and Exchange Commission’s latest comments on liquid staking have sparked a mix of optimism and concern, highlighting the regulatory gray area surrounding one of crypto’s fastest-growing sectors. While some in the industry see the nonbinding guidance as a step forward for institutional and retail adoption, others warn it leaves key legal questions…
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US President Donald Trump is reportedly considering four people to replace Federal Reserve Board of Governors member Adriana Kugler after her resignation becomes effective on Friday. According to a Thursday Reuters report, Trump was weighing economic adviser Kevin Hassett, former Fed governor Kevin Warsh and two other people to replace Kugler by the end of…
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US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.” According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small…
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Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams reportedly accounted for $9.9 billion in 2024 — with 2025’s forecast making for even bleaker reading. Whether in the form of “old wine in new…
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