Tag: Blockchain Technology
Ether ETFs Experience $340 Million Outflows in Debut Week
Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of the Grayscale Ethereum Trust (ETHE) in favor of competing products....
Solana Surpasses Ethereum in Weekly Fee Revenue: A Milestone Achievement
Solana has achieved a significant milestone by surpassing Ethereum in weekly fee revenue for the first time since its launch. According to Blockworks Research, Solana generated approximately $25 million in revenue during the week...
Michigan Pension Fund Invests $6.6 Million in Bitcoin ETFs
The State of Michigan Retirement System recently invested $6.6 million in 21Shares’ ARKB Bitcoin ETF. This disclosure comes as more US state pension funds are starting to buy spot Bitcoin ETFs. Michigan's pension fund...
Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference
Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants the Federal Reserve to consider holding Bitcoin as a strategic...
Ferrari Expands Crypto Payment Scheme to Europe After US Debut – CoinJournal
Ferrari, the luxury sports car company, has announced that it will be expanding its crypto payment scheme to Europe by the end of July. This decision comes after the successful launch of Ferrari's crypto...
Ryan Selkis Resigns as Messari CEO – CoinJournal Update
Ryan Selkis, the CEO of crypto platform Messari, has announced his resignation from his position. This decision comes after a series of controversial political tweets that have put his team at risk. Selkis will...
Title: Mnuchin Blocked Trump’s Bitcoin Ban Attempt in 2020
Former Treasury Secretary Steven Mnuchin played a key role in blocking former President Donald Trump's attempt to ban Bitcoin in 2020. This revelation comes from Mike Brock, the CEO of TBD, a division of...
OKX Establishes Malta as MiCA Hub to Cater to 450 Million EU Residents
Cryptocurrency exchange OKX has recently announced that it has chosen Malta as its Market in Crypto-Assets (MiCA) hub in order to cater to the 450 million residents of the European Union. This strategic decision...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
DEX Aggregator Rage Trade Token Launch on Hyperliquid Blockchain
Rage Trade, a decentralized exchange (DEX) perpetual aggregator, has revealed its plans to launch a new token, RAGE, through a liquidity generation event and a token sale on Fjord Foundry on August 7. The...
