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Consensys, the Ethereum-focused software firm behind MetaMask, is reportedly laying off 49 employees, or roughly 7% of its workforce, as part of a restructuring effort aimed at improving profitability. Bloomberg reported the job cuts on Tuesday, with a spokesperson describing them as a step in a broader realignment of priorities following the firm’s recent acquisition…
Exchange-traded fund provider 21Shares is pushing further into the tokenized finance sector, filing with U.S. regulators for a spot ETF that tracks the native token of Ondo Finance. Key Takeaways: 21Shares has filed for a spot ETF that would directly hold ONDO. Ondo is building out institutional-focused tokenization infrastructure. Tokenized real-world assets are on the…
Spot Ethereum exchange-traded funds (ETFs) registered a net inflow of $533.87m on July 22, marking the third-largest single-day inflow since their inception, according to SoSoValue data. The surge shows growing institutional enthusiasm, with Ethereum solidifying its role as a key platform for tokenizing real-world assets. The cumulative net inflow into spot Ethereum ETFs has now…
The Financial Supervisory Service (FSS), South Korea’s integrated financial regulator, has recommended asset management firms “not to excessively include” crypto stocks like Coinbase and Strategy in their ETFs portfolios. The regulator has issued verbal guidance to domestic firms, restricting the proportion of crypto companies in ETFs, Herald reported. The directive indicates that the 2017 administrative…
The Nasdaq Futures (NQ_F) favors higher in bullish impulse sequence from April-2025 low. It already broke above December-2024 high & expect short term pullback in 3, 7 or 11 swings to remain supported. Impulse sequence unfolds in 5, 9, 13, 17, 21….. swings count. It ended daily corrective pullback in double correction at 16460 low…
Citadel Securities, the trading giant founded by billionaire Ken Griffin, is calling on the US SEC to hold tokenized equities to the same standards as traditional listed stocks. In a recent letter submitted to the SEC’s Crypto Task Force on July 21, the firm warned against granting broad exemptions for digital assets that resemble equity…
Binance Coin (BNB) has broken past the $800 mark for the first time, setting a new all-time high and surpassing Solana (SOL) in market capitalization. The surge comes amid a broader crypto market rally, with Bitcoin (BTC) trading at $118,600, up 1.3% over the past 24 hours, and Ethereum (ETH) holding steady above $3,700. Meme…
Pittsburgh-based financial services corporation PNC Bank has announced adding Coinbase’s Crypto-as-a-Service platform, enabling customers to buy, hold and sell crypto. The crypto move announced on Tuesday said that PNC will also offer “best-in-class” banking services to Coinbase. The PNC-Coinbase deal comes amid growing demand for regulated crypto offerings. “This collaboration enables us to meet growing…
A leading Russian policymaker says authorities should be given the power to seize coins from illegal or quasi-legal Bitcoin miners. The Russian state-run news outlet TASS reported that the comments came from Yevgeny Masharov, a member of the commission of the Public Chamber of the Russian Federation for the Public Examination of Draft Laws and…
DeepSeek, China’s leading publicly available AI, anticipates that numerous prominent altcoins will achieve new all-time highs in the second half of 2025, spurred by Bitcoin’s exceptional upward trajectory. Last Monday, Bitcoin reached an unprecedented peak of $122,838, setting a new record. Analysts suggest that if this momentum sustains, it could accelerate broader acceptance of cryptocurrencies…