11/22/2024
Gary Gensler’s Shock Resignation
US Securities and Exchange Commission (SEC) Chairman Gary Gensler announced that he will leave his post on January 20, 2025. In a statement on his social media account, Gensler did not mention the details of his decision to leave, but the news of his resignation resonated widely in the market.
by Darkex Reseach – 1 min read
Charles Schwab Enters Spot Crypto Market
American financial giant Charles Schwab has announced that it will enter the spot cryptocurrency market. This move of the company is seen as an effort to adapt to the growing crypto sector. It is stated that Schwab aims to provide investors with a wide range of products with the new solutions it offers. This development created movement in the markets.
by Darkex Reseach – 1 min read
MARA Holdings Raises $1 Billion for Bitcoin
Bitcoin mining company MARA Holdings raised $1 billion from convertible bond sales. The company plans to use the proceeds for additional Bitcoin purchases. MARA, which currently has about 27,000 BTC reserves, has the second largest Bitcoin reserves among publicly traded companies.
by Darkex Reseach – 1 min read
Record Net Inflows to Bitcoin Spot ETFs
Bitcoin spot ETFs recorded net inflows of $1.005 billion yesterday, according to SoSoValue data. This marks a net inflow trend that has continued for four consecutive days. The total net asset value of spot ETFs reached $105.908 billion, accounting for 5.46% of Bitcoin’s total market capitalization.
by Darkex Reseach – 1 min read
Four Institutions Apply for Solana ETF
According to Bloomberg analyst James Seyffart, Bitwise, VanEck, 21Shares, and Canary Funds have filed applications for four different Solana-focused ETFs on the Cobe BZX exchange. If the applications are accepted by the SEC, final approval is expected to be announced in early August 2025.
by Darkex Reseach – 1 min read
Trump Media Plans Crypto Payment Service ‘TruthFi’
Donald Trump’s social media company Trump Media & Technology Group has filed a trademark application for crypto payment service Truth Fi, the New York Times reported. The platform aims to offer crypto payments, digital asset trading and financial custody services.
by Darkex Reseach – 1 min read
Genius Group Increases Bitcoin Reserves
Artificial intelligence company Genius Group has purchased an additional $4 million worth of Bitcoin, bringing its total holdings to 153 BTC. The company aims to keep 90% of its reserves in Bitcoin as part of its “Bitcoin First” strategy and plans to purchase $120 million worth of Bitcoin as a long-term goal.
by Darkex Reseach – 1 min read
Ethereum Futures Open Interest at Record High
CryptoQuant reported that open positions in Ethereum futures reached an all-time high of $20.8 billion. The increase in open interest exceeded 12% and the funding ratio was 0.0374%, indicating that the market is bullish in the short term. The increase in the weighted funding ratio indicates the dominance of bullish investors, the report said.
by Darkex Reseach – 1 min read
UK Prepares to Publish Crypto and Stablecoin Regulations
The UK Treasury plans to prepare a comprehensive framework for the regulation of cryptocurrencies and stablecoins. Economy Minister Tulip Siddiq announced that the rules, to be published in early 2025, will establish a regime covering crypto assets, stablecoins and staking services. The UK aims to keep pace with regulatory developments in the US and Europe.
by Darkex Reseach – 1 min read
ETH Whale Sells $224 Million in Sales
According to Lookonchain, a whale account that bought 398,900 ETH at an average of $6 in 2016 is on the move after eight years. The whale sold 73,356 ETH in a transaction worth about $224 million. The account still holds 325,500 ETH, which is worth about $1.1 billion at the current market price.
by Darkex Reseach – 1 min read
