finance

SEC Slows Pace on Crypto ETF Decisions

SEC Slows Pace on Crypto ETF Decisions

The Securities and Exchange Commission (SEC) has delayed decisions regarding in-kind redemptions for Bitwise's crypto exchange-traded funds (ETFs) and Grayscale's plan to incorporate staking into its Ethereum Trusts. These delays are a sign the SEC is moving carefully as the world of crypto investment products develops.The SEC’s determination marks a...

SEC Postpones Decision on Grayscale's Ether Staking Proposal

SEC Postpones Decision on Grayscale's Ether Staking Proposal

The Securities and Exchange Commission (SEC) has delayed its decision regarding Grayscale's proposal to offer Ether staking services within its Ethereum Trust ETF and Ethereum Mini Trust ETF. This decision has been delayed until June 1, as the SEC waits for agency approval for the proposed staking services.This delay follows...

SEC Stalls Grayscale ETH ETF Staking: What's the Hold Up?

SEC Stalls Grayscale ETH ETF Staking: What's the Hold Up?

We all know that the crypto space moves quickly in terms of innovation and just as quickly with regulatory response. Last month, the United States Securities and Exchange Commission (SEC) made headlines. They pushed back verdicts on key proposals to add Ethereum (ETH) staking to Grayscale’s Exchange Traded Funds (ETFs)....

JPMorgan's GBP Blockchain Move: 3 Ways It Empowers African Businesses

JPMorgan's GBP Blockchain Move: 3 Ways It Empowers African Businesses

Then I bought this weaving business — Fatima I recently caught up with Fatima, who operates a small but growing textile enterprise in Lagos. When we exchanged ideas on payments, her face darkened. She exports colourful Ankara fabrics to the UK. “These fees are killing us,” she admitted, “and the...

JPMorgan's GBP Blockchain Play: Genius Move or Just Another Stablecoin?

JPMorgan's GBP Blockchain Play: Genius Move or Just Another Stablecoin?

Has JPMorgan really seized the future of global finance? Or is this just stablecoin trend following that we’re seeing with their integration of GBP into Kinexys? We've seen this movie before. It seems like everyone touting blockchain claims that it will deliver results that are faster, cheaper, and better. But...

Ethereum's Staking Delay: A Blow to Crypto's Promise for the Underbanked?

Ethereum's Staking Delay: A Blow to Crypto's Promise for the Underbanked?

Here’s a deeper look at why the SEC took this route in delaying approval for Ethereum ETF staking. This move increases that deadline to June 2025, and it’s a deep gut punch. It's not just about delayed profits for Wall Street; it's about slamming the door on a potential lifeline...

Bitcoin at $85K: Waller's Tariff Warning & Crypto's Future

Bitcoin at $85K: Waller's Tariff Warning & Crypto's Future

Just like in 2017, the whole crypto sector is on fire at the moment. Bitcoin’s price is approaching the $85,000 line, lifted by a quiet but impactful 1.6% rise in the past 24 hours. This upward trend occurs against a backdrop of economic uncertainty, largely influenced by potential tariff reinstatements...

DeepSeek AI Dumps XRP? 3 Reasons This Altcoin Could Redefine Finance

DeepSeek AI Dumps XRP? 3 Reasons This Altcoin Could Redefine Finance

DeepSeek AI, a Shanghai-based venture capital firm with an eye for the best deep tech innovations of tomorrow, has decided to pass on XRP. Instead, they have poured that energy into building Lightchain AI. Now, before you XRP maximalists take to the pitchforks and torches, let’s talk. While this might...

Trump & Crypto: Deregulation, Family Fortunes, and Red Flags

Trump & Crypto: Deregulation, Family Fortunes, and Red Flags

The intersection of politics and cryptocurrency has become even murkier with members of the Trump family at the center of it. The Trump administration is all-in on deregulating the crypto industry. As this process moves forward, alarm bells are ringing over possible conflicts of interest, ethical and professional standards, and...

BlackRock's $36.7M Bitcoin Buy Sparks Market Surge

BlackRock's $36.7M Bitcoin Buy Sparks Market Surge

BlackRock’s new allocation of $36.7 million into Bitcoin have caused one of the biggest bull runs in won the crypto industry. This news announcement sparked an immediate rally in Bitcoin price as it began to soar. This flood tide swept across the entire digital asset space, superheating trading volumes and...