Crypto News

Canary Capital didn’t even exist when the spot bitcoin or even the spot ethe rexchange-traded funds launched last year.But the company quickly made a name for itself in the business.Founded only last October, Canary Capital has quickly pushed out several applications for crypto ETFs, including ones for Solana (SOL), XRP (XRP), Litecoin (LTC) and Hedera (HBAR), with the latter two being the first ETF applications of their kind.From the outside, it seemed as though the firm had it all planned out perfectly.“We really had no idea that we would be getting back into the ETF game,“ said Steve McClurg, founder and CEO of Canary Capital.His name might sound familiar to some. McClurg co-founded and served as chief investment officer at...

DeepSeek’s low-cost, high-power AI model has shaken up the global AI industry and ethics debates. Here’s how they did it.Source link

Robinhood, the financial services and trading platform, appears poised to broaden its horizons by venturing into bitcoin futures and multi-asset derivatives markets. This strategic maneuver positions the company to challenge entrenched industry stalwarts such as Charles Schwab while diversifying its product ecosystem. Robinhood to Take on Wall Street Titans With Bold Futures Trading Move InSource link

Howard Lutnick, who is President Donald Trump's nominee to be secretary of Commerce, is drawing scrutiny on his relationship with Tether from Senator Elizabeth Warren — the ranking Democrat on the Senate Banking Committee and one of Congress' most reliable critics of the digital asset sector.As CEO of Cantor Fitzgerald, the Wall Street firm that acts as the U.S. banker for leading global stablecoin issuer Tether, the Massachusetts Democrat said Lutnick backed a crypto operation with "clear ties to criminal activity.""You played a critical role in the rise of Tether, a shadowy crypto firm with profits exceeding $7.7 billion in 2024," Warren wrote in a letter to Lutnick, who is making his case Wednesday to the Senate Commerce Committee that's...

The highly anticipated launch of Berachain’s proof-of-liquidity blockchain is coming soon. Here’s how you can prepare.Source link