Best Crypto to Buy as Canary Capital Files for First-Ever SUI ETF
The best crypto to buy are now shining stronger that the SEC has acknowledged the filing of the first-ever SUI-based ETF by Canary Capital – an institutional crypto management and trading firm. SUI is a layer-1 blockchain solution offering high-speed transactions through ‘horizontal scaling.’ It processes unrelated transactions simultaneously instead of processing each transaction individually, saving a lot of time. SUI is also among the top 10 on the list of chains with the most Total Value Locked (DeFi). It houses more than $2B. If approved, this would become the US’s first public....
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Canary Capital, an asset manager that recently ventured into the crypto exchange-traded fund (ETF) arena, has announced its latest initiative with a filing for a TRUMP ETF designed to track the memecoin’s price. This move follows their earlier crypto ETF filings made earlier this year, after the Bitcoin (BTC) and Ethereum (ETH) investment funds proved […]
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files for Bankruptcy — ‘Tremors’ From the Crypto Market Fall ‘Continue to Reverberate,’ Says JPMorgan Analyst Following the reports that Three Arrows Capital Ltd. (3AC) was reprimanded by the Monetary Authority of Singapore (MAS) and faced liquidation from a court....
According to reports, Canary Capital has taken a formal step toward an ETF tied to the TRUMP memecoin by registering an entity called the “Canary Trump Coin ETF” with the Delaware Division of Corporations on August 13. Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm That registration is an early, procedural move and does not mean the fund has been filed with or approved by the US Securities and Exchange Commission. Markets reacted quickly; TRUMP rebounded from about $9.35 to $9.55 after the news, marking just over 10% gains for the week at press time. Regulatory....
Voyager files for Chapter 11 bankruptcy due to their large exposure to Three Arrows Capital as the contagion continues to spread across the market.
As Polkadot inches closer towards its first parachain auction, Moonbeam, one of the fastest-growing parachains on the Polkadot network, is already on a winning spree. Launched in 2020, Moonbeam first deployed its canary network Moonriver on Kusama, Polkadot’s canary network, in June 2021, with Moonbeam set to deploy on Polkadot later this year. Since its […]