Markets
Crypto News Today – June 14, 2024
Welcome to “Crypto News Today,” your daily digest of important happenings in the crypto industry.
SEC Chairman Gary Gensler on Ether ETFs
SEC Chairman Gary Gensler announced that Ether ETFs could receive full approval by September. This approval marks a significant milestone in the regulatory acceptance of cryptocurrencies and could lead to increased institutional investment in the cryptocurrency market. Find out all about it on the TDR website!
Fortune 500 Companies Adopt Blockchain
Fortune 500 companies are increasingly moving their operations on-chain, according to Coinbase. This move towards blockchain technology highlights the growing importance of decentralized systems in traditional business practices. Find out all about it on the TDR website!
$12 billion in inflows into crypto markets
JPMorgan (NYSE: JPM) reports that crypto markets have seen net inflows of $12 billion this year. This significant investment indicates strong confidence in the future of digital assets despite regulatory uncertainties.
Hong Kong spot ETFs gain ground
Hong Kong spot ETFs secured $1.96 billion in Bitcoin and $26 million in Ether investments. This development highlights the growing interest in cryptocurrency investments in Asian markets.
US Crypto Developers Lose Market Dominance
Despite increased adoption by businesses, US crypto developers are losing market dominance. Factors such as regulatory challenges and competition in international markets contribute to this decline.
Read more crypto news on the TDR website!