Crypto News

A drumbeat of “positive regulatory news” under U.S. President Donald Trump has buoyed the stock, one analyst said.Source link

Bitcoin exchange-traded funds (ETFs) extended their inflow streak to 12 days, raking in $548 million with strong backing from Blackrock and Fidelity. Ether ETFs stayed in the green as well, collecting $60.41 million on the day. Institutional Momentum Builds as Bitcoin and Ether ETFs Log $608 Million Combined Gains Bitcoin ETFs are showing no signsSource link

One year after unsuccessfully trying to purchase Core Scientific (CORZ), cloud and AI infrastructure firm CoreWeave (CRWV) is again in talks with the bitcoin miner, according to the WSJ.Exact terms haven't been discussed, but a deal could be finalized in coming weeks, according to the story.Roughly one year ago, CoreWeave tried to acquire CORZ for $5.75 per share, or about $1 billion. Up 25% today on this news, CORZ is currently trading above $15 per share.Among other miners moving higher (though not nearly the magnitude of CORZ) are Hut 8 (HUT), IREN (IREN), and Cipher Mining (CIFR).Source link

A spot dogecoin ETF DOGE may be coming closer to reality.ETF issuer Bitwise updated a regulatory filing for its dogecoin ETF on Thursday, suggesting approval chances could be growing, according to one expert.“Bitwise has filed amended S-1s for their spot dogecoin ETF and their spot aptos ETFs," wrote Bloomberg Intelligence's Eric Balchunas. "Good signs as it indicates SEC engagement, and tracks with other spot approvals."Also noteworthy is the fact that the dogecoin ETF filing was amended to include in-kind redemptions and creations, meaning that the broker-dealers interacting with the ETF can directly trade shares for DOGE tokens, or vice versa."Near-lock at this point that in kind will be allowed in spot ETFs across board," Balchunas added.As of right now, all...

The crypto exchange's offering will compete with other cash apps, including PayPal and Jack Dorsey's Cash App.Source link