Pump.Fun’s surge drives 450,000 Solana token launches in May June 5, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. In crypto, you can blink and a new narrative has come and gone. This cycle is no different. The time between liquidity cycling through different tokens also [...]
FTX legal and administrative fees now exceed $500 million June 4, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Over the past several weeks, FTX creditors learned that 98% of them will receive up to 118% of their lost funds following the exchange’s implosion. Even after [...]
Tokenisation of Real World Assets becoming killer institutional use case June 3, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The news that the FCA and the Bank of England are setting up a Digital Securities Sandbox broke recently. While the possibility of tokenising real world assets [...]
Hacked exchange Mt. Gox to finally start refunds May 31, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Mt. Gox, the first major Bitcoin exchange based in Japan, was moving up to 70% of all Bitcoin volumes in its heyday. When it was hacked in [...]
FTX Cleanup continues as Co-CEO sentenced May 30, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. One of Sam Bankman-Fried’s key lieutenant’s, Ryan Salame, formerly Co-CEO of FTX Digital Markets, received a 7.5 year prison sentence in a court in the Southern District [...]
Celebrity influencer endorsements continue to backfire May 29, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The latest twist in the saga of celebrities endorsing low quality crypto projects to their followers happened last Sunday. Caitlyn Jenner, Olympic Gold winner and Fox news [...]
ETH ETF Approval, FIT21 Passing and Trump Support Signal New Crypto Era May 28, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last few days have brought significant developments for the legal standing of the cryptocurrency industry. First, the US House of Representatives passed the first crypto regulation [...]
House of Representatives pass clarity-seeking FIT21 bill with bipartisan support May 24, 2024 On Wednesday, the US House of Representatives voted on the Financial Innovation and Technology for the 21st Century Act (FIT21) bill. The bill passed 279 to 136, with support from both Republicans and Democrats. This week has been one of the most progressive ever for US crypto policy.
FCA approves London Stock Exchange launch of Bitcoin and Ethereum ETPs May 23, 2024 As approval of a US spot Ethereum ETF edges closer, the UK’s Financial Conduct Authority has also given the go-ahead for WisdomTree Funds to launch their own Bitcoin and Ethereum physically-backed Exchange Traded Product (ETP) on the London Stock Exchange.
Ethereum spot ETF approval odds increase as crypto voters influence US election May 22, 2024 Before Monday, the hopes of Ethereum’s US spot Exchange Traded Fund (ETF) approval seemed slim. Bloomberg ETF Analysts, such as Eric Balchunas and James Seyffart, had put the probability of approval at around 25%.
