Crypto News
Bitcoin ETFs Have Shed $929 Million So Far in February
Despite the S&P 500 and gold hitting record highs of late, Bitcoin ETFs have struggled with steady outflows over the past three weeks.Source link
Solana Plunges to Lowest Price Since October as Meme Momentum Cools
Solana, the sixth-largest cryptocurrency, has fallen even as multiple asset managers have applied for ETFs based on its spot price.Source link
Report: Ethena Labs Secures $100M From Top-Tier Investors
A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization. ItSource link
Canary Capital’s Spot Hedera ETF Under SEC Review via Nasdaq Filing
The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) focused on the native asset of the Hedera Network, HBAR. Nasdaq Files for Spot Hedera ETF, Paving the Way for HBAR Exposure The Nasdaq filing marksSource link
Crypto Platform Coin Zx Associates Arrested in Mumbai for Cheating Investors
One 25-year-old man said at the time that he invested just over $5,000 in Coin ZX after attending a seminar on multi-level marketing.Source link