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Digital assets investment firm Canary Capital Group said Monday that it filed for regulatory approval to launch an exchange-traded fund (ETF) tied to the spot price of Sui, a token associated with Sui Network. If approved, this would mark the first-ever ETF linked to Sui, a blockchain-based asset with a market capitalization exceeding $7.4 billion,…

US-based crypto trading company Cumberland has received an in-principle approval from the Monetary Authority of Singapore (MAS) for the Major Payment Institution (MPI) License. The license would allow its Asian subsidiary, Cumberland SG, to offer regulated digital asset services and expand its Asian foothold. “We look forward to expanding our presence in this important region,…

Bitcoin’s bull cycle has come to an end, and the market may see 6 to 12 months of bearish or sideways movement, according to CryptoQuant CEO Ki Young Ju. Ju pointed to on-chain metrics that indicate a shifting trend. “Every on-chain metric signals a bear market,” he said, explaining that liquidity is drying up, and…

Solaxy’s ($SOLX) total funds raised are now less than $270,000 away from reaching the $27 million milestone. As the first Layer-2 chain on Solana ($SOL) designed to tackle the mainnet’s scaling challenges, Solaxy is preparing for its launch – coinciding with Solana’s birthday on Sunday. Solana recently marked its fifth year of existence, with founders…

Crypto exchange Gemini has appointed Dan Chen as its new Chief Financial Officer (CFO), amid speculation that the company is preparing for a potential initial public offering (IPO). Chen announced his new role on Monday in a post on X, calling crypto the most dynamic sector in finance. “Gemini is at the forefront of this…

Russia’s Central Bank has asked the Republic of Tatarstan to help it test a range of digital ruble smart contract functions. The Russian media outlet Business Gazeta reported that the Central Bank has “approached the leadership of Tatarstan” with “a proposal to pilot” some of the CBDC’s “mechanisms.” Digital Ruble Smart Contract: Tatarstan Testing Ground…

Short term outlook in Netflix (NFLX) suggests that the ETF has ended wave IV at 853.68. Decline from 2.18.2025 high is in progress as a zigzag Elliott Wave structure. Down from 2.18.2025 high, wave ((A)) ended at 955 and wave ((B)) ended at 1000.89. Wave ((C)) lower unfolded in 5 waves impulse structure. Down from…

Bitcoin (BTC) is facing mounting resistance below $84,000, struggling to break above $85,000 as market volatility rises. A key reason for this sluggish price action is the ongoing sell-off in Bitcoin spot ETFs, which have seen outflows exceeding $945 million in recent weeks. This marks the fifth consecutive week of institutional selling, adding pressure on…

Spanish police officers say they have taken apart a Bitcoin (BTC)-themed crypto pyramid scam that duped victims out of around $32.6 million. Per the news agency EFE (via Infobae), police officers said they had “dismantled” a “criminal organization” that promoted “fake cryptocurrency investments.” Spanish Police Make Arrests in Malaga, Madrid, Murcia Officers said they have…

Key Takeaways: Litecoin’s inclusion challenges the Bitcoin-Ethereum dominance, pushing investors to reconsider diversification strategies. Hashdex’s move could open the door for major investors to explore altcoins, reshaping crypto investment priorities. Litecoin’s inclusion challenges the Bitcoin-Ethereum dominance, pushing investors to reconsider diversification strategies Crypto asset management firm Hashdex submitted an amendment proposal to the U.S. Securities…