Gemini Distributes $2.18B to Earn Users
Crypto Exchange Gemini has initiated the reimbursement process for users of its defunct lending program, Earn.
Hashdex Drops its Spot Ether ETF Application
Investment manager Hashdex has withdrawn its application for a proposed spot Ether exchange-traded fund (ETF).
Native Stablecoins Swell on Sui as Agora Adds AUSD Stablecoin to Network
Austin, Texas, 29th May 2024, Chainwire
Inflows into Crypto-based Products Reach $1B
In the May 18 to May 24 period, cryptocurrency investment products experienced a significant inflow of $1.05 billion, marking the third consecutive week of positive trend, as reported by CoinShares.
Viral Meme Coin, Memeinator, Lists On Exchanges After Raising $7.7M
London, United Kingdom, 29th May 2024, Chainwire
Bernstein: The Crypto ETF Market Will Grow to $450 Billion
Bernstein forecasts that the total value of exchange-traded funds based on Bitcoin and Ethereum will reach $450 billion within the next two years.
BlackRock Funds Buy Shares of its Bitcoin ETF
In the first quarter of this year, BlackRock’s income and bond-focused funds purchased shares of the company’s own Bitcoin exchange-traded fund (ETF), according to regulatory filings.
ORACLE MEME Coin Presale Achieves $208,000 Milestone in Minutes
Lisbon, Portugal, 28th May 2024, Chainwire
Donald Trump’s Crypto Assets Holdings Exceed $10 Million
His on-chain portfolio has now exceeded $10 million, mainly thanks to the increasing value of the MAGA (TRUMP) meme coin.
Mt. Gox Moves Funds from Cold Wallets for First Time in 5 Years
Early on Tuesday, the now-defunct cryptocurrency exchange Mt. Gox transferred approximately 107,000 Bitcoin, worth around $7.2 billion, according to data from Arkham Intelligence.
Grayscale’s Spot Ether ETF’s Daily Outflows Could Exceed $100M: Report
Kaiko predicts that Grayscale’s upcoming Ethereum ETF could see significant outflows, potentially averaging $110 million per day.
Multipool Sells Out Fjord Foundry LBP
Majuro, Marshall Islands, 27th May 2024, Chainwire
Standard Chartered: Other ETFs Will Be Launched Next Year
The next major phase for exchange-traded funds is expected to start in 2025. SOL and XRP are expected to be the next cryptocurrencies in line, according to Jeffrey Kendrick, head of research at Standard Chartered.
HashKey Global Launchpool, the world’s first regulated platform for pledge to earn new tokens, is now live
Bermuda, Bermuda, 27th May 2024, Chainwire
Apu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support
Phoenix, USA, 27th May 2024, Chainwire
