Month: September 2024

As enthusiasm surrounding the introduction of spot Ethereum and Bitcoin ETFs in the United States continues to grow, Hong Kong has embarked on its journey to establish a spot ETF market for these digital assets.  However, the performance of these exchange-traded funds in Hong Kong has not matched the success seen in the US, raising […]

Bitfarms Ltd. and Riot Platforms Inc. have announced a settlement ahead of Bitfarms’ special shareholder meeting scheduled for Nov. 6, according to a Sept. 23 press release. The announcement comes after months of tension between the two Bitcoin miners that began with Riot’s hostile takeover bid. Settlement agreement Under the agreement, Riot, Bitfarms’ largest shareholder, […]

SEC filed charges against TrueCoin and TrustToken over fraud and offering of unregistered investment contracts. TrueCoin issued the TrueUSD (TUSD) stablecoin, while TrustToken operated the TrueFi lending protocol. The regulator alleges stablecoin TUSD had 99% of its reserves invested in an offshore fund as of September 2024. The Securities and Exchange Commission (SEC) has charged […]

FLOKI’s price has surged 287.29% over the past year and nearly 15% in the past seven days, making it the fifth-largest meme coin on the market. While its 7-day Relative Strength Index (RSI) remains neutral, the coin shows strong potential for further growth. Additionally, the FLOKI Ichimoku Clouds indicate a bullish outlook for the coming […]

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