Crypto News

The telecommunications industry stands at a critical juncture. As global data consumption skyrockets, traditional telecom operators face a perfect storm of challenges: stagnant subscriber growth, costly infrastructure maintenance and an insatiable demand for bandwidth. This capacity crunch is not just a problem for carriers; it's a looming crisis for consumers who increasingly rely on seamless connectivity in their daily lives.The telecom squeezeIn 2024, AT&T projected $4.7 billion in site lease costs. Add in Verizon and T-Mobile, and the annual cost of leases for wireless coverage in the US approaches a staggering $15 billion. As infrastructure costs rise, margins on internet access are projected to rise more slowly for telecom companies. Meanwhile, demand continues to explode, with global data consumption over...

If approved, the unit expanding its authority and resources beyond its initial formation in July 2023.Source link

Grayscale Investments has launched the Grayscale Bitcoin Miners ETF, offering investors exposure to bitcoin mining firms, as the industry continues to expand. Grayscale Launches Bitcoin Miners ETF for Crypto-Focused Investors Crypto asset management firm Grayscale Investments announced on Thursday that it has introduced the Grayscale Bitcoin Miners ETF (Ticker: MNRS), a new exchange-traded fund designedSource link

In today’s issue, Miguel Kudry from L1 Advisors breaks down direct ownership of cryptocurrency vs. exchange-traded and wrapped funds and how they are expected to evolve through 2025.Then, Crews Enochs from Index Coop answers questions on the topic in Ask and Expert.– Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.The Lines Between Spot Crypto ETFs and Direct Ownership Will Blur in 2025The year 2024 marked a pivotal moment for the cryptocurrency market with the launch of bitcoin and ether spot exchange-traded funds (ETFs), rapidly becoming some of the fastest-growing ETFs in history. According to various reports, global crypto ETPs amassed over $134 billion in assets...

Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.Source link