Crypto News
Grayscale Files For Cardano ETF, Its First Standalone ADA Product
Crypto investment firm Grayscale on Monday filed to list a Cardano (ADA) exchange traded fund on the New York Stock Exchange.Grayscale, which last year broke through U.S. regulators' blockade against the bitcoin ETF, has never previously offered a standalone ADA investment vehicle despite making past moves to do so.But the Trump 2.0 SEC's pivot from policing the crypto industry to seemingly embracing it has emboldened issuers to think big about what they can get through. In recent weeks Grayscale filed for a Solana and XRP ETF as well.Those products would convert Grayscale's preexisting crypto trust products into more widely tradeable ETFs whereas the ADA ETF would be entirely new.Investor demand has always been high for the flagship asset of the...
Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows
The Iranian currency plummeted to new lows against the U.S. dollar after President Donald Trump reinstated his “maximum pressure” policy against the Middle East country. Trump’s Rhetoric Impacts Markets The Iranian currency plummeted to new lows against the dollar after the U.S. President Donald Trump reinstated his “maximum pressure” policy against Iran. Some observers linkedSource link
Bitcoin’s Low Fees Signal a Prime Time for UTXO Consolidation
Not too long ago, transaction fees on the Bitcoin blockchain stood notably higher than they do now. A low-fee window is prime for consolidating or moving UTXOs (unspent transaction outputs) to optimize costs and ready yourself for times when fees increase. Now’s the Moment to Optimize Your Bitcoin UTXOs Before Fee Hikes In a high-feeSource link
‘Ethereum Stole the Show’: ETH Funds Trump Bitcoin ETF Gains
Ethereum-related funds outpaced Bitcoin for the first time this year after investors last week saw a buying opportunity for the coin.Source link
Dave Portnoy Takes His Fans on a Wild Ride With Solana Meme Coin Jailstool
Barstool Sports founder Dave Portnoy bought into a Solana meme coin depicting him behind bars—then sold, and then bought back in again.Source link