Phoenix Wallet, a Lightning payment Bitcoin wallet, is no longer available for U.S. residents starting May 3. ACINQ, the company behind Phoenix Wallet, plans to remove it from U.S. app stores, leaving American users without access. The reason for this decision isn’t clear yet, but recent U.S. government statements have raised doubts about the regulatory … Read more
Franklin Templeton recently introduced its Ethereum exchange-traded fund (ETF), named “Franklin Ethereum TR Ethereum ETF,” with ticker code EZET. The DTCC website now lists this ETF, allowing for creation and redemption. However, SEC approval is still pending. Franklin Templeton, a well-known asset management company, has introduced its new Ethereum exchange-traded fund (ETF) named “Franklin Templeton … Read more
As a researcher with a background in finance and cryptocurrencies, I find it disconcerting to see the digital asset market cap dipping below $2.5 trillion, marking a significant decrease from last year’s high of approximately $3 trillion. The recent turbulence in traditional markets, such as the Japanese yen’s fall against the U.S. dollar, appears to … Read more
As a long-term crypto investor with a background in finance, I find the DTCC’s decision to not allocate collateral or offer loans for Bitcoin ETFs a mixed bag. On one hand, it could be perceived as another instance of traditional financial institutions showing reluctance towards embracing cryptocurrencies. However, it is essential to note that this … Read more
As an experienced crypto analyst, I’ve been closely monitoring the CHO token’s price action for several months now. The recent listing on the BingX exchange and the subsequent CHO Listing Carnival have undeniably contributed to its impressive three-month rally, which has seen a staggering increase of almost 700%. Over the past three months, the value … Read more