Fidelity Removes Staking from its Ethereum ETF Application
Fidelity has revised its Form S-1 filing for an Ethereum-based spot ETF and removed the clause regarding staking.
Number of New Bitcoin Addresses Falls to Lowest Level Since 2018
The rate of new Bitcoin address registrations on the network has dropped to its lowest point since 2018.
Crypto Funds See $932M in Weekly Inflows
There was a noteworthy increase in investments in crypto-based products during the past week, marking two consecutive weeks of positive inflows since the recent market downturn.
Grayscale CEO Michael Sonnenshein Leaves Company
Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, has resigned from his position to pursue other interests.
Hong Kong Will Test e-CNY as a Means of Payment
China’s central bank, the People’s Bank of China, is slowly expanding the scope of testing for the country’s digital currency (CBDC).
Solana Will Reach $200 in Late May, Expert Says
According to Daniel Chung, co-founder of hedge fund Syncracy Capital, Solana will reach $200 by the end of May.
Crypto Exchange Kraken Says It Will Not Delist Tether in Europe
Kraken has no intentions of removing Tether (USDT) from its platform in Europe despite previous reports of a potential delisting to comply with legal requirements.
