The scheduled launch date for these futures contracts is set for July 31, pending regulatory review. On June 29, the Chicago Mercantile Exchange (CME) Group announced its plans to introduce Ether/Bitcoin Ratio futures. The launch of these futures contracts is slated for July 31, subject to regulatory review. Efficiently capture the relative value of ether and bitcoin...Continue Reading

The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot fund hopefuls. Asset manager Fidelity Investments has filed an application for a spot Bitcoin exchange-traded fund (ETF), according to a filing by Cboe BZX Exchange with the United States Securities and Exchange...Continue Reading

The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry. During a panel at Collision 2023 in Toronto, Canada, Anthony Scaramucci, former White House Communications Director, and founder of Skybridge Capital, stated that disgraced crypto executive Sam Bankman-Fried “really hurt the industry in the...Continue Reading

The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law. A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the United Kingdom as it reaches the final stages for King Charles’ royal assent...Continue Reading

LayerZero CEO Bryan Pellegrino is optimistic about the future of the blockchain industry and the “really important plumbing” LayerZero provides for it. The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision...Continue Reading

The company has raised $1.525 billion in funding since its inception last year. On June 29, Palo Alto-based Inflection AI announced the completion of a $1.3 billion raise led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and Nvidia. The new capital will be partly allocated to building a 22,000-unit Nvidia H100 Tensor GPU cluster,...Continue Reading

Discover how to kickstart a career in AI by building a strong foundation through AI courses, gaining practical experience with projects and more! Global industry disruption brought about by artificial intelligence (AI) is creating interesting job prospects for anyone interested in this cutting-edge subject. AI is revolutionizing how we live and work with technologies like...Continue Reading

According to the protocol’s closing schedule, part of the operations will cease on July 19, while the withdrawal period ends on Aug. 26. Solana’s Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should...Continue Reading

BTC price sideways trading is not dampening the optimism of Bitcoin traders prior to a giant options open interest expiry. Bitcoin (BTC) aborted a fresh attempt to reach $31,000 on June 29 while traders waited for bulls to succeed. BTC/USD 1-hour chart. Source: TradingView BTC price “primed to launch” Data from Cointelegraph Markets Pro and...Continue Reading

Crypto companies operating in the EU must begin work now to comply with MiCA and assess how it might affect their global operations. In May 2023, the European Union signed its landmark Markets in Crypto-Assets legislation into law. Crypto businesses operating in the EU now have a fixed timeline to comply with MiCA’s wide-ranging guidance...Continue Reading