Key Insights: Chinese entities access restricted US AI chips through cloud services, revealing gaps in US trade regulations. Zhejiang Lab and Shenzhen University have turned to AWS for cloud-based access to banned…
Category: US
Ethereum Spot ETFs Record $107 Million in Inflows on First Day
Ethereum spot exchange-traded funds entered the American market on Tuesday 23rd. Data from Bloomberg indicates that they started on the right foot despite the Grayscale Ethereum Trust witnessing $483 million in outflows….
What is a Solana ETF and How Does It Work?
The emergence of exchange-traded funds (ETFs) shows that the crypto market is maturing. Notably, crypto ETFs are not limited to only Bitcoin and Ethereum. Instead, Solana ETFs have been introduced in recent…
21Shares Becomes the Latest Asset Manager to File for Spot Solana ETF in the US
A few days after asset manager VanEck announced filing for a spot Solana Exchange-Traded Fund with the US Securities and Exchange Commission (SEC), 21Shares has revealed that it has also submitted a…
U.S. Department of State Raises Bounty on ‘Cryptoqueen’ Ruja Ignatova to $5M
Despite several reports of Ruja Ignatova’s death, the United States Department of State has said her case is not closed yet. On Wednesday, the agency announced that it had raised the bounty…
Gemini Earn Customers to Receive Over $2 Billion Worth of Crypto Back
Crypto exchange Gemini confirmed via a Wednesday, May 29 update that it will payout crypto to the Gemini Earn lending customers valued over $2 billion. The New York-headquartered crypto platform Gemini revealed…
QCP Capital Downplays MT. Gox Sell-Off, Optimistic of Bitcoin Bull Run
QCP Capital refuted claims of Mt.Gox sell-off, instead predicting that the Bitcoin bull run is imminent, with multiple factors likely boosting crypto markets. A Wednesday, May 28 publication by trading firm QCP…
Bernstein Predicts Spot Ether ETF Approval Lifts Odds for Solana Classification as Commodity
Bernstein predicts that the spot Ether ETF approval by the US SEC is lifting expectations for Solana earning commodity status. Bernstein’s Tuesday, May 21 report indicated that the spot Ether ETF approval…
Crypto Markets on Edge as Powell Signals Steady U.S. Economic Course
Federal Reserve Chairman Jerome Powell has provided a reassurance that counters widespread recession fears, suggesting that the U.S. economy remains on solid ground. This announcement, which essentially takes an immediate interest rate…
BlackRock Filing Request to Acquire Spot Bitcoin ETFs for Global Allocation
BlackRock has requested the US Securities and Exchange Commission (SEC) to invest in its proprietary Bitcoin exchange-traded funds (ETFs) alongside funds from rivals into its Global Allocation Fund. The recent update by…
How to Buy USDC in the United States – A Comprehensive Guide
Buying USDC (USD Coin) in the US can provide investment opportunities and also expose you to several risks, especially if you’ve never explored the crypto space before. Nonetheless, buying the stablecoin in…