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VanEck to Launch First Bitcoin ETF on Australia’s Security Exchange This Week
VanEck to Launch First Bitcoin ETF on Australia’s Security Exchange This Week

VanEck said it has been in talks with Australian regulators about launching a spot Bitcoin ETF in the country since early 2021.

Cryptopotato·2024/06/18 04:19
Lightspeed Newsletter: Are traders rotating out of SOL?
Lightspeed Newsletter: Are traders rotating out of SOL?

Also, a new non-custodial wallet on the scene lets you transfer digital assets through a simple link

Blockworks·2024/06/18 03:43
The Bitcoin Developer Who Lost 25,000 BTC
The Bitcoin Developer Who Lost 25,000 BTC

BeInCrypto·2024/06/17 23:37
Bitcoin ETF snapshot: Outflows follow hawkish FOMC meeting
Bitcoin ETF snapshot: Outflows follow hawkish FOMC meeting

The Federal Reserve leaving interest rates unchanged likely prompted investors to scale back exposure to fixed-supply assets, CoinShares research head says

Blockworks·2024/06/17 23:19
Flash
05:53
Andre Cronje: Resigned from Sonic Labs board, now responsible only for technical architecture
Andre Cronje confirmed his resignation from the Sonic Labs board of directors. He stated that he only served as a technical advisor and did not participate in Fantom or Sonic ecosystem’s business, token, migration, or operational decisions. In the future, he will focus on building Flying Tulip.
05:52
Grayscale Head of Research supports Ethereum Foundation, saying the restructuring is a long-term positive for ETH and will enhance ecosystem productivity
According to ChainCatcher, in response to recent community doubts about the Ethereum Foundation and rumors of a potential funding crisis, Grayscale Head of Research Zach Pandl posted on X that, in the long term, the ongoing institutional restructuring of the Ethereum Foundation carries positive implications for Ethereum. He cites two main reasons: First, more development work will shift to commercial organizations, reducing the development responsibilities borne by the Foundation and potentially prompting more initiatives by commercial entities, thus increasing the overall efficiency of the ecosystem; second, the restructuring helps uphold the core principles of Ethereum as digital currency infrastructure. A more focused and clearly defined Ethereum Foundation might better ensure that Ethereum continues to adhere to the “CROPS” principles needed to build sound digital currency. If the Ethereum Foundation were to reduce its direct involvement in ecosystem development in the future and instead focus on upholding the long-term core objectives of Ethereum, this could help strengthen ETH’s position as foundational infrastructure for decentralized digital assets.
05:32
Hunter Horsley: The crypto market is undergoing consolidation, with leading projects expected to surpass previous estimates in both scale and lifecycle.
Bitwise CEO Hunter Horsley stated that the crypto industry is undergoing a transformation similar to the post-dotcom bubble period, and future winners will achieve success based on real value and practical capabilities. During the internet bubble of the 1990s, hundreds of companies once received valuations of between 500 million and 1 billion US dollars, but only a few that proved their worth stood out and achieved longer-term and larger-scale development. Today, the number of winners in the crypto industry will decrease, but their scale and sustained growth will exceed expectations.
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