Crypto News

Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift According to the CNBC report, Yuri Seliger noted a substantialSource link

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.Source link

21Shares Joins the Race to Launch an XRP ETF With SEC Filing

Swiss ETF issuer 21Shares has filed an S-1 form with the SEC to launch a spot fund that tracks the price of XRP.Source link

SuiNS Unveils NS Token Distribution Plan to Empower Community Governance

SuiNS announces its NS token distribution strategy, focusing on decentralization and community engagement. The plan includes allocations for treasury, contributors, and governance rewards. (Read More)Source link

Another XRP ETF Filing Lands at the SEC as Interest in Crypto ETFs Heats Up

With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. Another XRP ETF Filing Drops, Turning Up Pressure on the SEC 21shares, an asset management firm specializing in digital assets, filed a registration statement for the “21shares Core XRP Trust” withSource link