ProShares, Bitwise seek SEC approval for ETFs tracking Circle stock
The approval of these ETFs could enhance investor access to crypto-related equities, potentially boosting market liquidity and innovation. The post ProShares, Bitwise seek SEC approval for ETFs tracking Circle stock appeared first on Crypto Briefing....
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Anthony Pompliano Says Bitcoin’s Endgame Is Hyper-Bitcoinization
Anthony Pompliano, founder of Professional Capital Management, said he sees stablecoins as one key driver for the growth of Bitcoin (CRYPTO: BTC). What Happened: Speaking in an interview with CNBC on June 9, he pointed to companies like Gemini and Robinhood (NASDAQ:HOOD) as examples of platforms adapting their business...
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BNB Price Climbs in Strong Rebound as Trump-Musk Spat Uncertainty Fades
BNB, the native token of the Binance ecosystem, staged a swift comeback after a jolt of market turbulence rattled the broader crypto market. The coin rose more than 4% from this week’s low and is up around 0.7% in the last 24 hours, reversing from a dip to $631...
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Chainlink’s LINK Stages V-Shape Recovery After 14% Plunge
Chainlink LINK, the oracle network that helps bridging blockchain networks with external data, experienced significant price volatility in recent trading, recovering from a sharp 14.4% correction after finding strong support at $13.58. The recovery gained momentum through consecutive higher lows, potentially pointing to accumulation at lower levels. However, bitcoin’s...
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UK Appoints First Crypto Specialist for Insolvencies
The U.K.’s Insolvency Service, responsible for returning assets to creditors in bankruptcy cases, said it appointed its first crypto intelligence specialist to help trace cryptocurrencies as digital assets become more widespread. Former police investigator Andrew Small will take on the role at the government agency, and will primarily focus...
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AVAX Forms Critical Short-Term Support at $20.25 Level
Avalanche’s AVAX AVAX token continues to demonstrate significant volatility as it weakens following its recent rally. After initially rising 3.72% from $20.71 to $21.48, AVAX experienced a sharp reversal, falling to $20.25 and establishing a critical support zone between $20.25 and $20.30, according to CoinDesk Research’s technical analysis model....
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KULR Plans to Raise Up to $300M to Fuel Bitcoin Purchases
Energy-management firm KULR (KULR) is looking to raise up to $300 million by selling shares of its common stock in an at-the-market (ATM) offering facilitated by Cantor Fitzgerald. The funds will be used for general corporate purposes, including working capital and the acquisition of more bitcoin BTC, the company...
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Circle stock price may crash soon: here’s why
Circle stock price continued its strong surge on Monday, boosting its market capitalization to over $27 billion. CRCL jumped to $138.27, a significant increase from its offer price of $31. The rally was driven by investor appetite for exposure to…...
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Can XRP price realistically hit $27 as one pundit predicts?
XRP price has remained below the psychological level of $3 since January, but one crypto pundit believes it could surge to $27 if the Securities and Exchange Commission approves spot ETFs. Ripple (XRP) was trading at $2.25 on Monday, June…...
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Who Will Be Calling The Shots At Newly-Minted Cango?
The company will be controlled by two asset managers tied to Singapore’s Antalpha Ventures, while Cango’s co-founders’ voting rights will drop to 18.54% Key Takeaways: Enduring Wealth, a company tied to Singapore’s Antalpha Ventures, will hold a controlling 36.74% of Cango’s voting rights after the company’s transformation to a...
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