Crypto News
Canary Capital Files to Launch ETF Tracking Cross-Chain Protocol Axelar
Canary Capital, the digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, is planning on launching an exchange-traded fund (ETF) tracking the price of Axelar (AXL).The firm submitted an S-1 filing with the Securities and Exchange Commission (SEC) on Wednesday, kicking off the process to launch such a fund. The hedge fund has previously filed paperwork for several other ETFs. Some of these have already been acknowledged by the Commission and await approval."Axelar has one of the best dev teams in blockchain. Most viable protocols work with them on chain interoperability," said Steven McClurg, Chief Executive Officer at Canary Capital. "There is no question that AXL will be a top 20 token by market capitalization as the market...
Argentine Prosecutor Moves to Freeze $100M in Crypto Raised by LIBRA Sale
President Milei distanced himself from the meme token’s controversial debut but prosecutors are pressing ahead with their investigation.Source link
The Clay Artisan of Bitcoin: How Trump’s Words Mold Crypto Trends
While forces such as U.S. Federal Reserve rate policies and disruptive incidents — the $1.4 billion Bybit breach, for instance — indisputably trigger dramatic fluctuations in bitcoin’s value, one figure stands apart in shaping its trajectory: U.S. President Donald Trump. Love him or loathe him, his capacity to mold crypto markets borders on the alchemical,Source link
Robinhood Will Hand Out $2 Million in Bitcoin, Dogecoin in Trivia Game From ‘HQ’ Host
Robinhood Trivia Live will hand out over $2 million in total Bitcoin and Dogecoin prizes between Wednesday and Thursday.Source link
Bitcoin Crosses $90K as Trump Delays Canada, Mexico Auto Tariffs
In the latest whipsaw of headlines this week, Donald Trump's tariff delay Wednesday eased investor worries with bitcoin (BTC) leading the crypto market higher.The U.S. government confirmed to delay tariffs on auto parts coming from Canada and Mexico by one month just one day after enacting them. Germany's plan to ease debt limits for infrastructure spending and China hiking its target deficit also contributed to rebounding risk markets.BTC climbed just above $90,000 on the news, up 3.7% over the past 24 hours. Almost all assets in the broad-market CoinDesk 20 Index advanced, with bitcoin cash (BCH), Chainlink's LINK and Aptos' (APT) booking double-digit gains.Read more: Bitwise Files to Launch Aptos ETFThe tech-focused Nasdaq and the broad-market S&P 500 were also...