SEC delays green light for Ethereum ETF options

Key facts: The new deadline for an SEC decision is November 10, Bitcoin ETF options were approved last week. The U.S. Securities and Exchange Commission (SEC) has decided to postpone its decision on the proposal to list and trade options on an ether (ETH) ETF (exchange-traded fund). It was announced today, September 24, 2024, that … Read more

China will destroy America! Due to this fear, a big decision was taken, it hit the dragon’s tail

Highlights America has also banned Chinese smart vehicles.Earlier, 100% duty was imposed on electric vehicles.America is trying its best to isolate China. Ban on Chinese vehicles: On Monday, the US Commerce Department put forward a new proposal that plans to ban connected vehicles equipped with Chinese software and hardware from US roads due to national … Read more

The oldest US bank will be the custodian of bitcoin and Ethereum ETFs

Bank of New York Mellon (BNY Mellon), the oldest bank in the United States, announced its plan to implement custody services for bitcoin (BTC) and ether (ETH), specifically for exchange-traded fund (ETF) investors. This development represents a milestone in the adoption of cryptocurrencies by traditional financial institutions. The BNY Mellon’s decision is based on a … Read more

Bonk, a Solana memecoin, reveals plans to launch an ETP

The developer team behind bonk (BONK), a memecoin on the Solana network, has revealed plans to launch an exchange-traded product (ETP) in the United States. During an event called Solana Breakpoint, BONK’s main contributor Nom None, advancement“We are proud to announce that we are working with an incredible team to launch the first BONK-based ETP.” … Read more

My First Bitcoin Overcame Its Financial Crisis: “We’re Just Getting Started”

Key facts: They now have the funds necessary to operate without any problems until the end of this year. They will implement a savings method to accumulate reserves and avoid the same situation in the future. Mi Primer Bitcoin, the El Salvador-based nonprofit dedicated to Bitcoin (BTC) education, announced that it has overcome its financial … Read more

Ethereum ETFs saw their biggest outflow in 2 months

Key facts: The ETH cryptocurrency remains above $2,600 for now. ETH ETFs have not performed as well as many had hoped. Ethereum’s cryptocurrency Ether (ETH) ETFs saw a net outflow of nearly $80 million on Monday, marking their largest withdrawal of capital since late July. This event highlights the challenges faced by financial instruments based … Read more

KRN Heat Exchanger IPO: Rs 100 crore raised from anchor investors, IPO to open on August 25 – krn heat exchanger and refrigeration raises over rs 100 crore from anchor investors ipo to open on september 25

KRN Heat Exchanger and Refrigeration IPO: Heat exchanger maker KRN Heat Exchanger & Refrigeration has raised over Rs 100 crore from anchor investors. The company has raised this amount from 10 anchor investors today on 24 September before the IPO opens. The company’s IPO is going to open tomorrow i.e. on 25 September. The Rajasthan-based … Read more

Bitcoin mining farm discovered underground in Russia

Key facts: According to the government, “illegal” farms have been detected in some other regions. Unauthorized cryptocurrency mining is causing power outages, Russian officials say. Russian authorities say they will pay more attention and effort to combat illegal Bitcoin mining. This is amid power outages and repairs due to the arrival of winter expected in … Read more

Google partners with Solana to boost on-chain video game development

Key facts: GameShift offers solutions for network-based gaming, such as wallets and payment systems. Google Cloud aims to leverage GameShift’s non-custodial invisible wallets. The technology giant Google announced Google Cloud’s partnership with Solana Labs, the Solana (SOL)-based product development company, with the aim of boosting the video game industry on this network. According to the … Read more

Congressmen ask SEC to eliminate rule that prevents banks from holding bitcoin

Key facts: According to the congressmen, this regulation turns the capacity of cryptocurrency custody “upside down.” They criticise that the regulations were issued without consulting any of the prudential regulators. In a letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler, a group of 42 Republican lawmakers, led by Patrick McHenry (R-NC) and Senator … Read more