Digital asset wallet provider Phantom has secured $150 million in its Series C funding round. The round, led by venture capital giants Sequoia Capital and Paradigm, elevates the company’s valuation to $3 billion. Additional participation came from Andreessen Horowitz and Variant, marking a significant milestone for Phantom. Phantom’s CEO, Brandon ... Read more
Nasdaq has submitted a pivotal 19b-4 form to the U.S. Securities and Exchange Commission (SEC) to seek approval for a spot Litecoin (LTC) exchange-traded fund (ETF). The exchange filed a 19b-4 form on behalf of Canary Capital for the “Canary Litecoin ETF.” The form outlines that U.S. Bancorp Fund Services ... Read more
President-elect Donald Trump is reportedly ready to sign an executive order naming cryptocurrency a national priority in what could be a dramatic reshaping of the crypto landscape in the United States. The directive, expected as early as Jan. 20—Trump’s first day back in office—could chart a new regulatory course for ... Read more
Dubai is about to introduce a new 17-story crypto hub expected to open in 2027. This would add to various blockchain-linked projects that have cropped up worldwide. According to a Jan. 15 statement, supported by the Dubai Multi Commodities Centre and REIT Development, it will introduce an innovative era in ... Read more
Canary Capital lately amended its S-1 filing for a Litecoin exchange-traded fund (ETF), a move seen to spur speculation that Litecoin might be the next digital asset to get the green light from the U.S. Securities and Exchange Commission (SEC). If approved, it would become the third crypto ETF to ... Read more
The U.S. Securities and Exchange Commission (SEC) has formally appealed its case against Ripple Labs. The appeal, filed late Wednesday, contests a July 2023 ruling that dismissed claims that XRP retail sales were unregistered securities. The appeal focuses on whether these sales qualify as securities transactions under the Howey Test. ... Read more
Analysts are increasingly optimistic about XRP, predicting a substantial price surge. Crypto expert Ali Martinez has described XRP’s recent price movement as “one of the most bullish scenarios.” The enthusiasm stems from XRP retesting the upper boundary of an isometric triangle on its four-hour chart, indicating a potential breakout that ... Read more
In a remarkable turn of events, XRP recorded a 12% surge in just one day, sending the crypto community into a frenzy. This price increase occurred amidst massive whale accumulation, speculations of listing an ETF in the United States, and optimism regarding the forthcoming inauguration of President-elect Donald Trump. According ... Read more
The TON Foundation, linked to Telegram, is setting its sights on the U.S. market as the Trump administration ushers in anticipated favorable blockchain regulations. The foundation aims to leverage these evolving opportunities to position itself as a leader in the blockchain industry, aligning with pro-crypto policies expected under Donald Trump. ... Read more
Ethereum, the world’s second-biggest cryptocurrency by market capitalization, came under considerable selling pressure throughout the weekend, extending the prolonged decline in its price. One of the most prominent whale investors sold a chunk of their holdings and booked a loss as Ethereum shed more than 11% of its value during ... Read more
