Canary Capital Group LLC filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday for its Canary Staked TRX ETF. Canary Capital Files S-1 With SEC for Staked TRX ETF According to the preliminary prospectus, Canary’s proposed fund will issue shares designed to give investors exposure to the price of […] Source CryptoX Portal
Charles Schwab Corp. is signaling serious momentum in the crypto space—and it’s only getting started, according to the firm’s new CEO, Rick Wurster. The Westlake, Texas-based firm is already capitalizing on strong engagement with digital assets and is poised to expand its offerings even further, Wurster explained on a recent conference call. According to a transcript, available on Seeking Alpha, the newly appointed CEO pointed to a broad range of available products—from crypto ETFs to Bitcoin (BTC) futures—and a rapidly growing interest from both clients and potential customers, adding: “We…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Markets rebound as trade tensions ease — Bitcoin surges and Pepeto leads crypto’s return to the spotlight. Trade tensions are finally cooling down, and markets are responding with optimism. Stocks are on the rise, Bitcoin is making a strong comeback, and the appetite for risk is returning. With the dust settling, crypto is back in the spotlight, and tokens like Pepeto could be leading the charge in what’s shaping…
While Ethereum has bounced back above the $1,600 level, several altcoins are surging with ALEO and GMT leading the charge. ALEO has risen 26.2% in the last 24 hours, trading at $0.2498 from a low of $0.1949. Data also shows that the token is up 70% over the past seven days. Despite the strong price movement, there haven’t been any major project announcements or developments that clearly explain the surge. Some market observers have pointed to external factors that might drive interest in the token. ALEO 24H price chart One…
Despite the modest crypto market recovery, the NFT market sales volume has dropped by 4.7% to $95.9 million. Bitcoin (BTC) has recovered to the $85,000 level. At the same time, Ethereum (ETH) has shown a modest 2.4% recovery in the last seven days and is hovering at the $1,600 level. The global crypto market cap is now $2.69 trillion, up from last week’s $2.63 trillion. Surprisingly, while sales are down, market participation has surged with NFT buyers increasing by 96.6% to 252,354. NFT sellers have also grown by 79.2% to…
Financial author Robert Kiyosaki has predicted that Bitcoin could reach $1 million by 2035, while gold may hit $30,000 and silver $3,000 per ounce. “It will be the easiest money you ever made,” the “Rich Dad Poor Dad” author said. But Kiyosaki’s forecast comes amid warnings of what he expects will be “the biggest stock market crash in history.” In a recent tweet, the financial guru expressed concern about current economic indicators. This includes record-high credit card and U.S. government debt, rising unemployment, and troubled retirement accounts. “USA may be…
HashKey Capital has launched Asia’s first XRP Tracker Fund, giving professional investors a regulated way to gain exposure to XRP without holding the asset directly. The fund’s launch, announced in an Apr. 18 press release, marks the latest push to unite traditional finance with digital assets. The XRP Tracker Fund will mirror the price of XRP, the native token of Ripple’s (XRP) payment network. Ripple, an established player in cross-border blockchain transfers, will serve as the anchor investor. The fund offers a simpler and safer way to invest in XRP…
Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that have cut off access to traditional banking services. According to blockchain intelligence firm TRM Labs, some Yemenis are increasingly using DeFi protocols to send and receive funds, manage remittances, and bypass disruptions to local financial services. Over 63% of Yemen’s crypto-related web traffic is now tied to DeFi platforms, while global centralized exchanges account for just 18%, according to TRM’s data. The trend follows several rounds of US sanctions targeting…
XRP rallied 2% in the past week, and nearly 1% on the day, bucking the typical trend of correction in the crypto market. The second-largest altcoin by market capitalization ranks among the top 10 gainers, according to Grayscale data. XRP (XRP) is the third-largest cryptocurrency by market capitalization and is the only altcoin with positive year-to-date gains, compared to Bitcoin (BTC), Ethereum (ETH), and other tokens. XRP trades at $2.0615 at the time of writing. XRP leads top 10 cryptos in year-to-date gains Grayscale analyzed the year-to-date returns of the…
Slovenia has proposed a 25% tax on crypto profits and derivatives, signaling a seismic shift toward uniform digital asset regulation. Slovenia Targets Crypto Profits With Brutal 25% Tax Slovenia’s Ministry of Finance released a draft bill Thursday in Ljubljana proposing a 25% tax on profits from crypto asset disposals, opening the measure to public discussion […] Source CryptoX Portal