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Invesco and Galaxy ETF Fee Slashed in Response to Intense Market Competition In response to the fierce competition in the spot bitcoin exchange-traded fund (ETF) market, Invesco and Galaxy Asset Management have made a strategic move to lower the long-term fee of their joint spot bitcoin ETF, the Invesco Galaxy Bitcoin ETF (BTCO). This decision, […]

Introduction The Stellar Development Foundation (SDF) has announced a delay in the Protocol 20 upgrade of the Stellar blockchain, originally scheduled for January 30. The decision follows the discovery of a bug in Stellar Core v20.1.0, which could potentially impact Soroban transactions. Collaborative Decision-making Process In a blog post dated January 27, the SDF expressed

SEC Delays Spot Ethereum ETF Applications The U.S. Securities and Exchange Commission (SEC) has announced the delay of two applications for spot ethereum exchange-traded funds (ETFs). This comes after the recent approval of 11 spot bitcoin ETFs, leading investors to closely monitor the SEC for potential decisions on spot Ethereum ETF proposals. SEC Delays Blackrock's

On January 23, Arkham, a firm specialized in onchain intelligence, made an announcement regarding the discovery of four sets of connected addresses linked to four new spot bitcoin exchange-traded funds (ETFs). These groups of addresses are reportedly associated with fund managers including Blackrock, Fidelity, Bitwise, and Franklin Templeton. 4 ETFs Identified Onchain In a recent

The U.S. Securities and Exchange Commission (SEC) has recently revealed that its X account was compromised in a SIM swap attack. This attack involved the unauthorized party gaining control of the SEC's cell phone number associated with the account, leading to a fake announcement being posted about the approval of spot bitcoin exchange-traded funds (ETFs).

Trezor Discovers Breach in Support Ticketing System In a recent security alert, Trezor, the company behind the popular cryptocurrency hardware wallet, announced that it had identified unauthorized access to its third-party support ticketing portal. This breach potentially compromised the personal contact information of over 66,000 customers. The incident has raised concerns about the risk of

JPMorgan Analyst Predicts Bitcoin Price Decline Global investment bank JPMorgan has issued a warning about an upcoming selloff in Bitcoin, citing an anticipated outflow of $3 billion from Grayscale's Bitcoin fund. The bank's analyst, Nikolaos Panigirtzoglou, believes that this outflow will put further pressure on Bitcoin prices in the coming weeks. He also explained that

Introduction Over the course of six days, newly launched spot bitcoin exchange-traded funds (ETFs) in the U.S. market, along with the revamped GBTC, witnessed a significant trading volume of $16.53 billion. However, GBTC, which had the majority of this trade volume, experienced a notable reduction in its bitcoin holdings. In just 24 hours, the trust

Introduction The head of India's central bank, the Reserve Bank of India (RBI), has raised concerns about the potential dangers of cryptocurrencies, particularly for emerging market economies. During his speech at the World Economic Forum in Davos, RBI Governor Shaktikanta Das emphasized the risks associated with these digital assets. RBI Governor's Crypto Warnings Shaktikanta Das,

Introduction The European Union Council and Parliament have reached a provisional agreement to introduce new regulations for crypto asset service providers (CASPs). These regulations will require CASPs to conduct due diligence on their customers and verify information on users whose transactions exceed $1,090 or €1000. The aim is to prevent fraud, organized crime, and terrorist