Bitwise Bitcoin ETF to Acquire Osprey Bitcoin Trust
TL;DR Bitwise Bitcoin ETF (BITB) will acquire the assets of the Osprey Bitcoin Trust (OBTC). The transaction is designed to be tax-free for OBTC unitholders...
Nasdaq Seeks Approval for Bitcoin Index Options
by guido
TL;DR Nasdaq has requested SEC approval to launch options based on a Bitcoin index. Index options would allow investors to hedge risks and extend their...
Rhodium Enterprises Files for Bankruptcy Amid Mounting Bitcoin Mining Pressures
by jose
TL;DR Rhodium Enterprises files for Chapter 11 bankruptcy with liabilities between $50 million and $100 million, affecting six subsidiaries. Financial pressures include $54 million in unpaid loans...
Ethereum Faces Decline as L2s Thrive at Its Expense, Says Cyber Capital CEO
by fernando
TL;DR Cyber ​​Capital’s Justin Bons criticizes the impact of Layer 2 (L2) solutions on Ethereum following the implementation of EIP-4844. He claims that ETH is...
Resistance Dog Rally Boosts REDO Memecoin Value Following Pavel Durov’s Arrest
by fernando
TL;DR The memecoin ‘Resistance Dog’ (REDO) increased its value by more than 140% after being adopted as an official avatar by Toncoin developers. The initiative,...
Boson Protocol and Superchief Gallery Drive Art Tokenization
by guido
TL;DR Boson Protocol and Superchief Gallery have tokenized an art collection valued at $5.1 million, using NFTs to represent the works and facilitate their purchase...
Stablecoin Market Cap Hits Record $168 Billion
by jose
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Binance Lists Eurite (EURI) with Zero Trading Fees: A New MiCA-Regulated Euro Stablecoin
by fernando
TL;DR Binance list Rain (EURI), a stablecoin regulated under MiCA. The zero-fee promotion on EUR/EURI and EURI/USDT pairs will be available from August 28, 2024....
The Shiba Inu Community Receives a Message from Shytoshi Kusama
by guido
TL;DR Shytoshi Kusama and Lucie shared the 22 core principles of the “Genesis of the Shiba State,” emphasizing decentralization and ethical governance of Shiba Inu....
Robert Kiyosaki: Bitcoin is a Better Investment than Real Estate
by jose
TL;DR Movability and Flexibility: Robert Kiyosaki believes Bitcoin is a better investment than real estate due to its ease of distribution and flexibility, allowing for...