Fidelity: Fed Rate Cut Will Benefit DeFi and Stablecoins
Fidelity predicts that institutions will once again become interested in DeFi products and stablecoins if traditional finance (TradFi) yields decrease due to the Federal Reserve’s policies.
Vitalik Buterin Makes Proposal to Increase Gas Limit By 33%
Ethereum co-founder Vitalik Buterin has proposed a modest increase in the gas limit.
X Drops Support for NFT Profile Avatars
Social platform X quietly removed the option to set NFTs (non-fungible tokens) as profile pictures.
South Korea’s Regulator: Bitcoin ETFs Could Violate Local Law
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
Robinhood Shares Plans to List Spot Bitcoin ETFs
Robinhood CEO Vlad Tenev announced that his company will quickly start offering spot bitcoin exchange-traded funds.
Phoenix Group Closes $187M Deal with Bitmain
Mining company Phoenix Group has announced a $187 million deal with Bitcoin mining hardware manufacturer Bitmain.
The SEC Approves Spot Bitcoin Exchange-traded Funds
Despite a delay on Tuesday, the SEC has now given approval for some investment companies to offer spot Bitcoin exchange-traded funds.
