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FalconX has completed its acquisition of 21Shares, a leading crypto ETF issuer, while 21Shares launches a leveraged Dogecoin ETF offering twice the daily performance of Dogecoin. This move enhances global access to digital assets through combined expertise in trading and exchange-traded products. Acquisition Completion: FalconX officially acquires 21Shares, maintaining its independent operations and leadership. Independent […]
Young conservatives show strong support for AI controlling government functions, according to a Heartland Institute and Rasmussen Reports survey, despite ongoing concerns about political bias in AI systems. This marks a surprising shift among 18- to 39-year-olds, with conservatives more open to AI handling policy, rights, and military decisions to reduce war deaths. Survey Highlights: […]
Bitcoin experienced a sharp price drop below $90,000 on November 20, 2025, driven by persistent selling pressure and technical indicators signaling bearish momentum. The cryptocurrency tested support in the mid-$80,000 range, with over $366 million in long liquidations amplifying the decline. Bitcoin broke below the $90,000 level, hugging the lower Bollinger Band on the daily […]
The UK’s Serious Fraud Office (SFO) has launched its first major investigation into the Basis Markets cryptocurrency fraud, a scheme that defrauded investors of around $28 million through NFT sales and fundraising in 2021. Raids in London and West Yorkshire led to two arrests on suspicion of fraud and money laundering. SFO’s inaugural crypto fraud […]
Ray Dalio highlights Bitcoin’s disadvantages as a store of value compared to gold, citing trackability, potential quantum computing risks, and reliance on global networks. Gold offers physical possession without intermediaries, making it a more reliable hedge against currency debasement amid rising global debts. Bitcoin’s public ledger enables easy tracking once identities are linked, unlike gold’s […]
MicroStrategy’s MSTR stock has fallen to a new 52-week low of $173.55 amid a Bitcoin price slump below $88,000, highlighting risks in its Bitcoin treasury strategy and raising concerns about future share issuances. MSTR shares dropped 40% year-to-date and over 62% in the past 12 months, closely mirroring Bitcoin’s downturn. The stock’s valuation now trades […]
The 21Shares Spot XRP ETF, trading under ticker TOXR on the Cboe BZX Exchange, has gained automatic SEC approval, paving the way for its launch next week. This development enhances institutional access to XRP’s spot price, driving increased market volume and open interest amid multiple ETF filings. SEC auto-approval accelerates the 21Shares Spot XRP ETF’s […]
Coinbase has launched ETH-backed loans, allowing U.S. users (excluding New York) to borrow up to $1 million in USDC against their Ethereum without selling it. Powered by Morpho’s on-chain protocol, these loans offer flexible repayment and quick disbursement, expanding access to liquidity in volatile markets. Coinbase’s ETH-backed loans enable borrowing USDC without selling Ethereum, preserving […]
India’s Enforcement Directorate has attached ₹8.46 crore in bank accounts and cryptocurrency wallets linked to a massive cyber-fraud scheme involving fake apps and investment scams. The operation laundered ₹285 crore through banking channels and platforms like CoinDCX, targeting victims nationwide. ED’s Hyderabad office identifies fraud network using fake job and investment apps like NBC App […]