Vanguard Executive Likens Bitcoin to a ‘Digital Labubu’ Even as the Company Gives Customers Access to Crypto ETFs

Advertisement &nbsp &nbsp A senior Vanguard executive has claimed that Bitcoin is a purely speculative asset, likening it to a collectible even as the Wall Street giant opened the door to crypto-linked exchange-traded funds. Bitcoin is no better than a hug: Vanguard Analyst John Ameriks, Vanguard’s global head of quantitative equities, said Thursday at Bloomberg’s […]

Hoskinson sends Cardano community into a frenzy with cryptic post promising it will be a good day

Advertisement &nbsp &nbsp Cardano founder Charles Hoskinson sent ADA enthusiasts into a tailspin with a Sunday post on the X platform. Since reaching an all-time high of $3.09 in September 2021, ADA has experienced a significant decline of over 86%, entering a consolidation phase in recent weeks amid the absence of bullish catalysts. Market sentiment […]

Founder of Solana praises Cardano’s design after recovery from chain split

Advertisement &nbsp &nbsp Cardano’s approach to chain splitting has drawn admiration from key ecosystem players, who praise its resilience in the face of bugs. Solana co-founder Anatoly Yakovenko praised Cardano’s design, but despite its quick recovery, several critics have criticized the network for low user metrics. Anatoly Yakovenko applauds Cardano’s design Solana co-founder Anatoly Yakovenko […]

Cardano Network undergoes an unexpected fork as the ADA price falls below 50 cents

Advertisement &nbsp &nbsp Cardano fell victim to an attack that split its network in two, but quick action from several engineering teams resolved the problem. At the time of writing, the bad actor behind the chain separation has been identified, with Charles Hoskinson threatening legal action over ADA trading below $0.5. A network partition scares […]

BlackRock Registers New Ether Trust ETF in Delaware, Eyes SEC Approval

Advertisement &nbsp &nbsp BlackRock wants to go beyond simple exposure to Ether (ETH) and participate in Ethereum’s proof-of-stake consensus system. This comes after a recent filing in Delaware revealed the $13 trillion asset management giant’s intention to enter the yield-bearing Ethereum market. BlackRock is getting closer to deploying Ether ETF BlackRock, the world’s largest asset […]

The CEO of Bitwise predicts that Wall Street will fully buy into Crypto in the next twelve months

Advertisement &nbsp &nbsp Bitwise CEO Hunter Horsley has made one of the boldest predictions in recent memory for digital assets, claiming that every Wall Street institution will be involved in crypto within a year. Sharing his vision on XHorsley declared: “Software is eating the world. Crypto is going to eat the capital markets,” suggesting that […]

Ripple-backed Evernorth Could Mirror MicroStrategy’s Bitcoin Strategy for Massive XRP Buys

Advertisement &nbsp &nbsp A growing number of XRP supporters are drawing parallels between Evernorth and MicroStrategy’s impact on the crypto market. In a recent X-post, popular market researcher @Ripple Bull Winkle described Evernorth as “MicroStrategy…built from the ground up for Evernorth’s model is more transparent than traditional crypto funds that rely on private deals or […]

Trump pardons Binance founder Changpeng Zhao in important signal about crypto policy

A file photo of Changpeng Zhao, co-founder and CEO of Binance | Photo credit: Pedro Nunes US President Donald Trump has pardoned convicted Binance founder Changpeng Zhao, a White House official said on Thursday. In a statement, White House Press Secretary Karoline Leavitt said Trump had “exercised his constitutional authority by pardoning Mr. Zhao, who […]

XRP institutional volume approaches $2 billion inflows as whales dominate the market

Advertisement &nbsp &nbsp Institutional XRP holders have been moving toward long-term positions since the beginning of the year. The value of the assets hovers around the $2 billion mark, increasing the total assets under management (AUM). During the same period, altcoins recovered after a slow start to the year, still relying on massive traditional capital. […]