VanEck Pledges 5% of Bitcoin ETF Profits to Support Core Developers

Bitcoin ETF applicant VanEck has committed to donate 5% of its fund’s profits to Bitcoin Core developers, if approved by the U.S. Securities and Exchange Commission (SEC). This pledge could provide significant financial support for these developers, who often lack funding for their work.VanEck, a prominent ETF and mutual fund manager since 1955 with $76.4 […]

SEC Instructs Bitcoin ETF Exchanges to Submit Final Filings

The U.S. Securities and Exchange Commission (SEC) has reportedly instructed several ETF participants to submit updated filings. This information was revealed by Bloomberg on January 5, citing four sources. The SEC has asked exchanges and issuers to submit the final versions of their 19b-4 filings as early as Friday.Two of Bloomberg’s sources also mentioned that […]

Solana Co-founder Asserts No Need for Layer-2 Solutions Unlike Ethereum

Anatoly Yakovenko, co-founder of Solana, has expressed confidence in the ability of their blockchain to handle the increasing demand for decentralized applications (dapps) without the need for layer-2 solutions, unlike Ethereum.Yakovenko argued that Solana’s design, which uses a hybrid consensus mechanism, allows it to scale efficiently without the need for additional layers. He explained that […]

Bitcoin May Face Major Correction Amid Financial Strains, Predicts BitMex Founder

As the decision on Bitcoin exchange-traded funds (ETFs) looms, prominent figures in the industry are adopting a cautious stance. Arthur Hayes, the founder of BitMex, has forecasted a 20-30% drop in Bitcoin’s value in March, following the potential approval of a Bitcoin ETF. He also anticipates a significant correction in the crypto market.Hayes’ prediction is […]