Crypto News
Bitcoin Miners and Other Public Crypto Firms Are Beating the Market: JP Morgan
Publicly traded crypto firms including Bitcoin miners saw substantial market cap gains in January, outpacing the crypto market itself.Source link
Chinese Automaker Unveils $9,500 Self-Driving Car
China’s BYD equips its entry-level models with autonomous features such as self-parking and highway driving.Source link
Japanese Game Firm to Allocate $6.58 Million for Bitcoin Acquisition
Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities. Gumi Unveils Bitcoin Purchase Plan and Babylon Staking as Part of Web3 Expansion Strategy Gumi, a Tokyo-listed mobile game studio, disclosed the decision following a boardSource link
Canary’s Solana ETF Reaches Next Stage in SEC Review
Another day, another once unthinkable crypto exchange traded fund filing. Canary Capital's proposed Solana ETF has become the second such vehicle to reach the starting gate.In a regulatory filing Tuesday the Securities and Exchange Commission (SEC) opened up public comment on the "Canary Solana Trust," a proposed ETF that would bring SOL investing into mainstream finance.The filing amounts to a clock-setting for Canary Capital's proposed investment vehicle. In 21 days the SEC will render a verdict (approval or denial) or, perhaps more likely, kick the decision can with deadline extensions.Market observers are broadly bullish that SOL and other altcoins will win their own ETFs this year, but the exact timing and order is unclear. What's more seemingly apparent is the...
Fed Chair Jerome Powell Says No US CBDC Under His Watch
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's in charge.Source link