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Com TW NOw News 2024

Year: 2024

Two-thirds of institutional Bitcoin ETF holders owned or bought more in Q2

44% of asset managers increased their Bitcoin ETF holdings, while 22% maintained their positions, which was a “pretty good result,” according to Bitwise’s investment director.

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Fed Rate Cuts Not Certain – What Does This Mean for Bitcoin?

Market participants are a little too optimistic about an aggressive rate cut by the Fed, which could pose risks, according to a portfolio manager.

Pump.fun on Solana Generates $5.3M in Fees, 100% More Than Ethereum

In a new development, on-chain data from DeFiLlama shows that Pump.fun, a launch platform on Solana that allows users to create and deploy tokens, primarily meme coins, generates more fees than some of the major protocols on Solana and Ethereum….

Crypto influencers get warning after FTC bans fake likes and followers

New FTC rules mean crypto influencers face hefty fines for fake followers and likes. Celebrity testimonials are also under fire.

USDC to embrace tap-and-go payments after Apple opens up NFC

US stablecoin giant Circle says its tap-to-pay feature for USDC will be available for iPhones “soon”.

China-Russia International Trade Payments Situation Deteriorates: Crypto and Barter Rise as Alternatives

Chinese regional banks, once used as bridges to process payments from Russia to China, have begun rejecting these payments for fear of secondary sanctions. To facilitate these transactions, cryptocurrencies and even barter arrangements have emerged as options to continue trading…

US crypto bill ‘could happen’ with Harris’ support — Senator Schumer

Photo by edmund on wallpapers.com Key Points Schumer advocates for a bipartisan approach to US crypto legislation. The Senate wants to pass comprehensive cryptocurrency regulations by the end of the year. Share this article Senate Majority Leader Chuck Schumer has…

New Vanguard CEO confirms there will be no crypto ETFs in the strategy going forward

Vanguard’s new CEO Salim Ramji reaffirms the firm’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while dismissing the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths in active fixed income…