Crypto News

Bitcoin Depot Shares Pop as ATM Operator Posts 19% Q1 Revenue Increase

The firm controls over 8,400 Bitcoin kiosks in North America.Source link

Canary’s Staked Tron ETF Seeks SEC Approval via Cboe Filing

Cboe has filed to launch a U.S. spot exchange-traded fund (ETF) offering staking exposure to Tron’s native currency TRX, betting its decentralized design and $25 billion market can meet the U.S. Securities and Exchange Commission’s (SEC) evolving crypto standards. Canary’s New ETF Bid: Track TRX With Built-In Staking Rewards Cboe BZX Exchange has filed aSource link

Crypto for Advisors: Stablecoins Explained

Today’s Crypto for Advisor newsletter is coming to you from Consensus Toronto. The energy is high as digital asset policy makers, leaders and influencers gather to talk about bitcoin, blockchain, regulation, AI and so much more!Attending Consensus? Visit the CoinDesk booth, #2513. If you are interested in contributing to this newsletter, Kim Klemballa will be at the booth today, May 15, from 3-5 pm EST. You can also reply to this email directly.In today’s Crypto for Advisors, Harvey Li from Tokenization Insights explains stablecoins, where they came from and their growth.Then, Trevor Koverko from Sapien answers questions about the status of stablecoin regulations and adoption with regulations in Europe in Ask an Expert.Thank you to our sponsor of this week's...

Strategy’s Bitcoin Premium Unsustainable, Says Short-Seller Jim Chanos

Veteran investor Jim Chanos has revealed that he is offloading Strategy’s stock while simultaneously buying bitcoin ( BTC). Selling Strategy Stock to Buy Bitcoin Veteran investor Jim Chanos has revealed that he is simultaneously betting on bitcoin ( BTC) against the stock of Strategy. The former hedge fund magnate said he has taken this approachSource link

Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally

"Ongoing global economic uncertainty and persistently high interest rates in the U.S. may act as headwinds" for crypto, an analyst told Decrypt.Source link