Michigan State Pension Fund Makes First Ethereum ETF Purchase, Becomes Top Holder of Grayscale ETH ETFs Michigan’s state pension fund made headlines by becoming the first to purchase Ethereum exchange-traded funds (ETFs), acquiring shares from two funds offered by Grayscale. According to a filing with the Securities and Exchange Commission (SEC), Michigan has now become […]
Category Archives: Blockchain
Riot Platforms, one of the largest Bitcoin mining and digital infrastructure firms, reported a 23% increase in total Bitcoin mined in October. The company announced on November 4 that it had mined 505 BTC during the month, a notable rise from the 412 BTC produced in September. This marks Riot’s best monthly production since the […]
Dogecoin’s price remained resilient on Monday, outperforming other major cryptocurrencies as traders focused on the upcoming U.S. presidential election on Tuesday. The largest meme coin in the crypto space, Dogecoin (DOGE), rose to $0.1570, reflecting a 10% increase from its Sunday low. Some analysts see further upside potential for Dogecoin, pointing to strong technical indicators […]
The TON Accelerator, an incubator for The Open Network (TON) blockchain, has launched a new initiative designed to foster innovation and drive adoption within the TON ecosystem. On November 4, the accelerator revealed a $5 million program to support selected projects building on the TON blockchain. The initiative is backed by TON Ventures and Mantle […]
Toncoin’s price continued its downward spiral on Monday, with a significant sell-off as most tap-to-earn tokens on its network saw sharp declines and burn volume dwindled. Toncoin (TON) dropped to $4.90, a 41% decline from its peak earlier this year. It has also fallen nearly 30% since August 24, the day its founder, Pavel Durov, […]
OSL Group has reached an agreement to acquire an 81.38% majority stake in CoinBest, a Japan-based cryptocurrency exchange licensed by the Financial Services Agency (FSA), signaling its official entry into the Japanese crypto market. In a press release on November 4, OSL, a licensed crypto operator based in Hong Kong, revealed that the acquisition, facilitated […]
The TROY token has experienced a dramatic parabolic rise, soaring for eight consecutive days and reaching its highest value since July 2023. Troy (TROY), a cryptocurrency that blends artificial intelligence with gaming, surged to $0.0042, reflecting a 342% increase from its October low. This rally has propelled its market capitalization to over $41 million. The […]
On November 4, MICHI led the gains among the top 300 cryptocurrencies, defying the overall market downtrend. The Solana-based meme coin surged over 15% in just one day, bringing its weekly increase to 32.8%. Its market capitalization surpassed $184 million, with a daily trading volume of approximately $16.8 million at the time of writing. The […]
Victory Securities is poised to become the first licensed crypto broker in Hong Kong to offer cash-settled virtual asset structured products specifically for professional investors. In a press release on November 4, the firm revealed its intention to introduce these innovative products by the end of the year, having received approval from the Securities and […]
Singapore’s regulators are set to enhance tokenization efforts in response to the growing demand for tokenized assets in markets such as fixed income, foreign exchange, and asset management. In a November 4 announcement, the Monetary Authority of Singapore (MAS) outlined its plans to foster the commercialization of tokenized assets by developing market infrastructures, increasing liquidity, […]