heryyelous

@heryyelous

199 Following

405 Followers

heryyelous pfp

Nate Geraci, president of The ETF Store, noted the significance of these filings.

0 reply

0 recast

0 reaction

heryyelous pfp

Earlier this week, asset manager VanEck, on Jan. 15, submitted an application to the SEC for the “Onchain Economy” ETF. According to the filing, the fund aims to invest in a broad range of crypto-focused firms, including software developers, mining companies, exchanges, infrastructure builders, payment providers and other businesses within the cryptocurrency sector.

0 reply

0 recast

0 reaction

heryyelous pfp

Ripple is currently appealing an August 2024 judgment in its case against the SEC, which found the firm liable for $125 million.

0 reply

10 recasts

21 reactions

heryyelous pfp

In a Dec. 31 X post, Ripple chief legal officer Stuart Alderoty said he hoped the SEC would affirm what he considered to be “principles” in regard to regulating digital assets, including that “a token is never a security, although it can be the subject of a security transaction.”

0 reply

1 recast

16 reactions

heryyelous pfp

South Korea has faced political turmoil in recent weeks, with President Yoon Suk Yeol declaring martial law on Dec. 3. The declaration sent Bitcoin’s price crashing on local exchanges.

0 reply

2 recasts

19 reactions

heryyelous pfp

When the allegations surfaced in 2023, Kim stepped down from the Democratic Party.

0 reply

2 recasts

16 reactions

heryyelous pfp

Prosecutors said Kim “obstructed the National Assembly Ethics Committee’s review of the National Assembly member’s assets in a false manner” by not declaring the full value of his crypto holdings.

0 reply

1 recast

15 reactions

heryyelous pfp

Legalizing cryptocurrencies in Ukraine would follow a global pattern and set the country up to become a potential hub for regulated digital asset trading in Eastern Europe.

0 reply

1 recast

1 reaction

heryyelous pfp

Despite earlier speculation around possible tax incentives, standard taxation rules similar to securities trading will be applied under the legalized framework — meaning all profits from crypto transactions will be taxed upon conversion to fiat currencies.

0 reply

1 recast

1 reaction

heryyelous pfp

The draft bill, currently under review, is expected to be finalized by early 2025 in coordination with the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF). Its primary aim is to regulate digital assets while ensuring fiscal oversight.

0 reply

1 recast

1 reaction

heryyelous pfp

BUIDL is a popular money market fund that invests mainly in short-term US Treasury Bills and other low-risk, interest-bearing assets. It’s the largest tokenized Treasury fund, with $540 million in assets under management.

0 reply

1 recast

9 reactions

heryyelous pfp

Up to $1 billion in institutional real-world assets (RWAs) “can now mint deUSD, a yield-bearing synthetic dollar,” Curve said in its announcement.

0 reply

1 recast

9 reactions

heryyelous pfp

Decentralized exchange Curve has partnered with blockchain network Elixir to to bring BlackRock’s tokenized money market fund to DeFi.

0 reply

1 recast

9 reactions

heryyelous pfp

Pseudonymous crypto trader Pentoshi said in a Nov. 29 X post, “Now we have early signs of this happening in ETH, as the flows begin to finally pick up, and sellers begin to get absorbed. It only takes time.”

0 reply

1 recast

8 reactions

heryyelous pfp

At the time of publication, Ether is trading at $3,662, up 1.88% since Nov. 28, according to CoinMarketCap data.

0 reply

3 recasts

9 reactions

heryyelous pfp

BlackRock, the world’s largest asset manager, was responsible for $250.4 million of the total inflows on Nov. 29. ETF Store president Nate Geraci pointed out in a Nov. 29 X post that BlackRock’s iShares Ethereum Trust (ETHA) has now notched over $2 billion in inflows since the product launched on July 23.

0 reply

1 recast

8 reactions

heryyelous pfp

Spot Ether exchange-traded funds (ETFs) in the United States reached a new record for daily inflows on Nov. 29.

0 reply

1 recast

8 reactions

heryyelous pfp

Declining Bitcoin dominance suggests that investor are taking profit from their BTC positions and investing part of these funds into altcoins.

0 reply

2 recasts

6 reactions

heryyelous pfp

In crypto slang, altseason, short for altcoin season, refers to the collective rally of cryptocurrencies besides BTC, which tend to benefit from Bitcoin’s declining dominance.

0 reply

1 recast

5 reactions

heryyelous pfp

Bitcoin dominance has printed a significant signal for altcoin investors, that could see smaller cryptocurrencies rally during December and attract more investments ahead of Jan. 20.

0 reply

1 recast

4 reactions