Grayscale Announces Bitcoin Mining Industry ETF (MNRS)
On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin…
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Pump.fun Faces Class Action Over Alleged Securities Law Breaches
Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every…
Czech Point: Prague Central Bank Wants Bitcoin, Lummis Freaks Out
The Czech Republic’s central bank head recently echoed statements he made earlier in January boasting plans for the Central European nation to begin stockpiling Bitcoin, in remarks published by the…
Kraken Relaunches Crypto Staking in the US, Expanding Access to 37 States
Kraken is bringing back crypto staking to the United States with a new product available in 37 states and two territories. Starting January 30th, eligible users can stake select cryptocurrencies…
USDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions
Stablecoin issuer Tether has announced the integration of USDT into Bitcoin’s ecosystem, including its base layer and the Lightning Network. This integration utilizes Taproot Assets, a protocol powered by Bitcoin’s…
Grayscale Files for Ripple (XRP) ETF Listing on NYSE
Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to change its XRP Trust into an exchange-traded fund (ETF) on NYSE Arca. According to a filing lodged with…
How Will Markets React as $10B in Crypto Options Expire Today?
Around 80,000 Bitcoin options contracts will expire on Friday, Jan. 30, and they have a notional value of roughly $8.36 billion. This week’s expiry event is a large one because…
How Supply Distribution Trends Can Affect Bitcoin’s Price, According to Santiment
As bitcoin’s price consolidates and traders speculate about the asset’s next trajectory, the market intelligence platform Santiment has highlighted how supply distribution trends can offer insights into the cryptocurrency’s price…
Crypto Community Protests MIT’s Rehiring of Gary Gensler
Former Securities and Exchange Commission (SEC) Chair Gary Gensler’s return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught at the…
Pump.fun User Mints 18,000 Meme Coins, Earns $3.76M
A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the…
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