Crypto News
Grayscale ETF Application Helps Cardano’s ADA Outshine Bitcoin and Ether
Cardano's ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S.ADA jumped to 80 cents, with the move starting late Wednesday, according to CoinDesk data. However, the ninth-largest cryptocurrency by market value, is still down 36% from its December high of around $1.37.Grayscale, a prominent crypto asset manager, filed to list the first ever spot ADA fund on the New York Stock Exchange. A spot ETF would enable investors to gain exposure to the cryptocurrency without having to own it directly. Bitcoin and ether spot ETFs began trading in the U.S. last year, attracting billions in investor funds since their inception and bolstering the...
Russia and India Cut Dollar Use: 90% of Direct Transactions in National Currencies
Russia and India now conduct nearly 90% of direct transactions in their national currencies, deepening financial ties and accelerating the global shift away from the U.S. dollar. Moscow and New Delhi Tighten Financial Ties—Is the Dollar Era Ending? Countries worldwide are increasingly shifting away from reliance on the U.S. dollar in international trade, a processSource link
Ethereum NFT Project Goblintown Reveals ‘Really Hard Driving Game’
Endless runner game Goblintown: Really Hard Driving Game is coming to Steam and the Epic Games Store, but won't have crypto integrations.Source link
Coinbase CEO: Bitcoin Adoption to Reach Several Billion People by 2030
Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase’s CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum. Coinbase CEO Predicts Billions Using Bitcoin by 2030 Brian Armstrong, CEO of Coinbase (Nasdaq: COIN), weighed in on the rapid adoption of bitcoin, responding to a post about cryptocurrency’s growthSource link
Nasdaq Files to List XRP ETF, Stating XRP Is Hard to Manipulate
Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP’s deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the CoinsharesSource link