Ark Invest exits Ether ETF race, 21Shares continues with rebranded fund

As a seasoned crypto investor with a keen interest in the ETF market, I’m disappointed but not entirely surprised by Ark Investment Management’s decision to withdraw from the Ethereum spot ETF race. Cathie Wood and her team have demonstrated a strong commitment to cryptocurrencies through their successful partnership with 21Shares on the ARK 21Shares Bitcoin … Read more

Consensus 2024, CZ begins jail time, crypto scams abound | Weekly Recap

As a researcher with a background in finance and experience following the cryptocurrency industry, I find today’s news particularly intriguing. The ongoing discussions at Consensus 2024 regarding crypto regulations in the U.S. are of great importance to me, given the potential impact on the entire industry. In this week’s recap, we cover notable discussions between … Read more

China, UAE pledge joint crackdown on cryptocurrency crimes

As an experienced financial analyst, I believe that this joint statement between China and the UAE marks a significant step forward in addressing the growing concerns surrounding cybercrime associated with cryptocurrencies. The recent spike in crypto fraud activity, as evidenced by the data from Hong Kong, underscores the urgency of this issue. China and the … Read more

FTX sells remaining Anthropic shares for $452m

As a crypto investor who closely follows the developments in the industry, I’m both surprised and encouraged by the latest news regarding FTX’s sale of its remaining shares in Anthropic. The fact that the bankrupt estate was able to net over $1.3 billion from these sales is impressive, given the challenging circumstances that led to … Read more