Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure

    Major cryptocurrency asset manager Grayscale continued expanding its crypto investment offerings, launching a new exchange-traded fund (ETF) offering exposure to Bitcoin mining. Grayscale is debuting Grayscale Bitcoin Miners ETF (MNRS), an investment product offering exposure to Bitcoin miners and the BTC mining ecosystem, the company announced on Jan. 30. The fund invests specifically in companies from…

    Crypto mobile wallets hit 36M record high amid growing retail adoption

    Mobile cryptocurrency users have reached a new all-time high, as Increasingly more passive cryptocurrency holders are turning into active users, showcasing growing mainstream adoption. Mobile cryptocurrency wallets reached a new all-time high of over 36 million in the fourth quarter of 2024, according to Coinbase’s quarterly crypto market report, published on Jan. 29. “Mobile wallets can play…

    Digital Currency Group spins out new crypto mining subsidiary

    Venture capital company Digital Currency Group (DCG) has spun out a new cryptocurrency mining subsidiary, signaling its intent to provide institutional exposure to a diversified pool of mined crypto assets. According to a Jan. 29 announcement on the X social media platform, Fortitude Mining has been established as DCG’s standalone mining business. Previously, the mining…

    Hong Kong SFC grants first crypto licenses of 2025

    The Securities and Futures Commission (SFC) of Hong Kong issued the first set of operational licenses of 2025 to two crypto trading platforms. The regulator has issued seven crypto licenses in total since it started a licensing drive in mid-2024. On Jan. 27, the SFC awarded operational licenses to two Hong Kong-based crypto exchanges — PantherTrade…

    Crypto mining stocks loss extend, tech stocks steady after DeepSeek scare

    Crypto mining stocks have closed down for the second consecutive day as major tech stocks regained their footing after the US market was rocked by an artificial intelligence model from China’s DeepSeek, triggering concerns about the overvaluation of the country’s AI scene. Crypto mining firm Riot Platforms (RIOT) closed down 4.37% on Jan. 28, while…

    Trump executive order raises EU concerns over USD stablecoin dominance

    US President Donald Trump’s executive order on the country’s leadership in digital financial technology has escalated the European Union’s concerns around US dollar dominance in the stablecoin market. European Central Bank (ECB) executive board member Piero Cipollone addressed the digital euro’s role in supporting Europe’s financial and strategic autonomy at a panel of the 13th ILF Conference…

    Crypto exchange launches to address security and liquidity needs in trading

    The cryptocurrency industry has seen remarkable growth over the last few years, with the total market cap way past $3 trillion. However, the space still grapples with issues that may unsettle both novice and experienced users. Security vulnerabilities are a constant threat. Hackers can exploit vulnerabilities to steal funds or personal data, with such incidents causing…

    Blockchain identity platform Humanity Protocol valued at $1.1B after fundraise

    Decentralized identity platform Humanity Protocol has secured $20 million in venture funding to compete with the likes of World Network in the push for onchain identity solutions. Humanity’s funding round was backed by venture capital firms Pantera Capital and Jump Crypto at a fully diluted valuation of $1.1 billion. The funds will be used to…

    OKX and Crypto.com secure full MiCA licenses in European Union

    Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA). On Jan. 27, OKX announced that it had received its full MiCA license through its dedicated crypto hub in Malta, while Crypto.com also received its full MiCA license on the same day. Granted by the Malta Financial Services Authority (MFSA), the…

    Trump memecoins boost ‘crypto’ Google searches to 3-year high

    US President Donald Trump’s recent foray into the memecoin market drove Google search interest for the term “crypto” to its highest level since 2021. On Jan. 18, Trump launched an official memecoin project just two days before his inauguration. Following the launch of the Official Trump (TRUMP) token, First Lady Melania Trump also launched a self-titled memecoin,…