Societe Generale to support 21Shares Crypto ETPs: Growing Blockchain Ambitions?

Societe Generale, the world’s 19th-largest banking conglomerate by assets, is partnering with cryptocurrency asset manager 21Shares to provide liquidity for its crypto-based exchange-traded products (ETPs) in European markets. As part of the partnership, Societe Generale will provide liquidity and market-making services for 21Shares’ cryptocurrency ETPs for investors in Germany and Eastern Europe. The European banking…

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Ethereum ETFs Hit 1 Year On US Market

US-based Spot Ether exchange-traded funds marked their one-year trading anniversary on Wednesday amid a three-week run of inflows that included some of their strongest days to date. A year ago, the US Securities and Exchange Commission approved the spot Ether (ETH) ETFs to begin trading on July 23, 2024, with funds from BlackRock, Fidelity, 21Shares,…

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ETH Price Gains Ground Amid US Crypto Law Shift

Key points: Bitwise analysts said new US crypto laws favor Ether, boosting its role in tokenization and stablecoins. Institutions pile into ETH, with staking ETFs expected to add $20 billion-30 billion yearly. Ether (ETH) was last week’s top performer, as Bitwise analysts called it a “watershed moment” driven by new US crypto laws and a…

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Online Pastor Indicted for $3.4M Crypto Scam

A Denver, Colorado-based online pastor and his wife were indicted Tuesday on charges related to a cryptocurrency fraud scheme that raised more than $3 million from faith-based investors. Online pastor Eli Regalado and his wife, Kaitlyn, were indicted on 40 counts stemming from what Denver District Attorney John Walsh described as a “multi-million-dollar cryptocurrency scam.”…

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Crypto Needs Minimum Viable Decentralization

Opinion by: Doug Colkitt, a founding contributor at Fogo  To adhere to its ethos of decentralization above all else, the crypto industry often forgets its core user: the trader. What exists today is an ecosystem that has prioritized philosophical principles instead of practical use cases — something that has simultaneously barred the most serious traders…

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