21Shares files to launch a spot Sui ETF in the US, joining over 70 crypto ETF applications awaiting SEC review amid growing institutional demand. Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market. 21Shares on...Continue Reading

Crypto once sought to replace banks. Now, in the fight over stablecoins, it’s forced to play by the same rules and get the same licenses. Crypto firms are no longer just challenging the traditional financial system, they are increasingly becoming part of it. Companies like Circle and BitGo are reportedly pursuing banking charters and preparing...Continue Reading

Galaxy Digital’s Mike Novogratz says the Nasdaq listing will provide an easier gateway for exposure to the crypto and AI ecosystem. Key takeaways: Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval. Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty. Read...Continue Reading

Alexei Zamyatin says the race is on to win the market share of DeFi services on Bitcoin, and the blockchain’s 300 million users could outgrow Ethereum’s DeFi ecosystem. The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one...Continue Reading

$3 billion of MAG’s luxury real estate will be tokenized on MultiBank’s platform, powered by Mavryk blockchain and governed by the MBG token. MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United Arab Emirates (UAE)-based real estate giant MAG and...Continue Reading

Bitcoin’s price is ready to break out of consolidation as alarming US GDP data increases chances of Fed interest rate cuts. Key takeaways: Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 and the US economy slumps. Breaking $95,000 could push BTC’s price toward $100,000, while dropping below $93,000 may...Continue Reading

After a rough couple of months, data suggests that traders are finally becoming comfortable with ETH’s current valuation. Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open...Continue Reading

Tokenized assets still lack institutional backing, Chris Yin said, who believes the real-world asset market is much smaller than current estimates suggest. Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume. Institutional capital...Continue Reading

MEXC aims to invest $60 million annually in Web3 infrastructure, prioritizing strategic partners and AAA-level projects. Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years. The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and...Continue Reading

Bitcoin market commentators focus on potential benefits of a recession scare for BTC price strength as macro data piles pressure on the Federal Reserve to act. Key points: Bitcoin traders wait for signals of US economic policy loosening as data forces the Federal Reserve into a corner. Recession is more likely than not, sources say,...Continue Reading