Sahil Thakur

Ethereum ETFs

Ethereum ETFs to launch this summer: Gary Gensler

During a Thursday hearing by the Senate Appropriations Subcommittee on Financial Services, US Securities and Exchange Commission Chair Gary Gensler informed Senator Bill Hagerty (R-TN) that he anticipates the agency will approve S-1 forms for spot Ethereum exchange-traded funds (ETFs) “sometime over the course of this summer.” The SEC approved issuers’ 19b-4 filings on May …

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Taiwan creates crypto industry association

Taiwan has formally launched a crypto industry association under government oversight. This initiative represents a proactive effort to regulate the crypto sector, creating a structured framework that encourages innovation while ensuring security. The creation of the association demonstrates the government’s dedication to developing robust regulations that tackle the unique challenges and opportunities posed by cryptocurrencies. …

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Biden crypto

President Biden to accept crypto payments ?

Coinbase Commerce, the payment service which allows merchants to accept cryptocurrencies is already being used by Donald Trump’s team to accept donations for his election campaign. Considering Biden has always been resistant towards crypto, this move comes as a bit of a surprise Pro-crypto donors are increasingly mobilizing, drawing the interest of political candidates from …

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US ETF outflow Our Crypto Talk

US Bitcoin ETFs see first day of outflows after 4 weeks

Data from Farside Investors reveals that U.S. spot BTC ETFs experienced net outflows of $64.9 million on June 10, breaking their four-week winning streak. Grayscale Bitcoin Trust (GBTC) was the largest contributor to this trend, with outflows amounting to $39.5 million. The total net inflows of U.S. spot BTC ETFs have exceeded $15.6 billion. This …

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Iggy Azalea Mother phone

Iggy Azalea’s $MOTHER token soon to be used to buy phones?

Iggy Azalea’s $MOTHER tokens might soon be used to pay for phones and services from the Australian rapper’s upcoming telecommunications company, enhancing the utility of a token issued less than a month ago. This move follows the utility increase using the $MOTHER merchandise store that is also about to be launched. In a follow-up tweet, …

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Arbitrum gaming

Arbitrum DAO dedicates $220M for gaming ecosystem

On June 7, the Arbitrum community approved a proposal to boost the gaming ecosystem with support from the Arbitrum Foundation. This initiative will distribute 225 million ARB tokens, worth about $222 million, over three years through the newly established Gaming Catalyst Program (GCP). Growthepie data indicates a notable rise in activity on the Arbitrum network, …

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Trump crypto president

Trump calls himself “Crypto President”

During a San Francisco fundraiser, Republican presidential candidate Donald Trump positioned himself as a staunch supporter of cryptocurrency and criticized Democratic efforts to regulate the sector, according to three sources who spoke to Reuters. The event, which took place in the upscale Pacific Heights neighborhood at the home of tech venture capitalist David Sacks, was …

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