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Two Grayscale Ethereum Exchange-Traded Funds Become First US Crypto ETFs to Enable Staking

Grayscale Investments says it’s adding staking Features to several of its cryptocurrency exchange-traded funds (ETFs), marking the first time US-listed spot crypto exchange-traded products (ETPs) will offer staking rewards. The firm says its Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) will both now allow staking. The company also activated staking for the Grayscale Solana Trust (GSOL). Grayscale said it plans to seek regulatory approval to uplist the Solana fund as an exchange-traded product, which would make it one of the first Solana spot ETPs to include staking. Says Peter Mintzberg, Grayscale CEO, “Staking in our spot Ethereum and Solana funds is exactly the kind of first mover innovation Grayscale was built to deliver. As the #1 digital asset-focused ETF issuer in the world by AUM, we believe our trusted and scaled platform uniquely positions us to turn new opportunities like staking into tangible value potenti...

JPMorgan CEO Calls on US to Engage With China, End Trade War

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With geopolitical tensions rising, the United States and the global economy appear to be in a concerning position amid an ongoing tariff war. Speaking to the Financial Times today, JPMorgan CEO Jamie Dimon called on the US to engage with China and end the trade war. US President Trump noted that Dimon’s comments were influential in his 90-day pause of the administration’s Liberation Day tariff plan. However, the pause did not extend to China, which is now facing a 145% import duty in what officials have called “extremely shameless.” JUST IN: JPMorgan CEO calls on the US to engage with China to end the trade war. — Watcher.Guru (@WatcherGuru) April 15, 2025 Also Read: JPMorgan CEO: Recession is ‘Likely Outcome’ of Trump Tariffs JPMorgan CEO Speaks on US-China Trade War, The Need for Engagement In early April, the United States announced a sweeping global tariff plan in an effort to balance trade. Although that has since been paused, the move represented an increas...

US and India Officially Agree to Negotiate New Trade Deal

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In what is a major geopolitical development, both the US and India have finalized terms of reference within their talk of a new trade deal. Indeed, an Indian official went as far as to say that the “win-win” bilateral agreement could come to fruition over the next 90 days, according to a Reuters report. The two sides have been discussing new terms for a renegotiated trade deal since US President Trump announced his Liberation Day tariff plan. India remained one of the nations that resisted a retaliatory response to the import duty increase. Now, they have noted significant progress on a new trade deal with the United States. JUST IN: India agrees to negotiate new trade deal with the United States. pic.twitter.com/79qPj0Ue6C — Watcher.Guru (@WatcherGuru) April 11, 2025 Also Read: On ‘Liberation Day’, India To Drop Tariffs on US Goods US and India Establish Terms of Reference for First Part of New Trade Deal Earlier this month, Donald Trump announced a sweeping 10% baseline t...

US gov’t told to ‘HODL’ $2B of seized bitcoin via on-chain inscription

After a weekend rally approaching $70k, Bitcoin was sent tumbling almost 5% on the news that over $2 billion worth of US Government-controlled funds were suddenly on the move. However, as noted by Blockchain analytics platform Arkham Intelligence , one US er took it upon themselves to deposit an on -chain plea directly into the government’s wallet, urging them to ‘HODL’ the funds rather than dump the BTC onto the market. lol Someone sent the US Government an Ordinal saying ‘H O D L’ https://t.co/0aULBXGd8P pic.twitter.com/Ct4eStIEpZ — Arkham (@ArkhamIntel) July 30, 2024 Read more: German government told ‘taxes are robbery’ via Bitcoin inscription  Arkham has the address labeled as ‘US Government: Silk Road DOJ Confiscated Funds (bc1qj),’ referring to bitcoin seized from James ‘Jimmy’ Zhong in November 2021. Exploiting a bug in the online black market Silk Road, Zhong acquired a total of over 50,000 bitcoins in September 2012. The plea to ‘HODL’ references a...

EOS is still relevant — at least for US criminal extradition

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While EOS is rarely mentioned as a blockchain with a real-world US e case, the cryptocurrency has proven to be very US eful in the latest extradition of an Uzbek national living in Ukraine : Nikita Sklyuev, also known as Valeriy Dorojkin, was finally extradited this week to face charges related to wire fraud from 2019. According to documents from the 2019 charges, Sklyuev created a fake EOS wallet explorer that was able to access the private keys of a user who held over two million EOS — valued at $11.8 million at the time — and move the crypto onto Binance and Bitfinex, where he then traded into Ethereum and eventually cashed out. nikitaDownload Over half the stolen EOS has not been touched yet and is currently valued at about $640,000 — a decline of 86% from when it was hacked. Sklyuev hacked the ‘Hodgetwins’ — a Republican-leaning comedy duo with millions of followers — back in 2018 according to an old Steemit post. Read more: How ...

No, Saudi Arabia isn’t ditching the dollar for Ripple in its oil trades

There is a legend that in 1973, US president Richard Nixon and secretary of state Henry Kissinger made a secret deal with Saudi Arabia to price oil excl US ively in dollar s, th US pegging the currency to oil and birthing the petro dollar . According to the myth, the US provides military protection for Saudi Arabia’s oil fields in exchange for the kingdom’s role in enforcing US dollar hegemony over the world’s most valuable commodity market. Supposedly, the country’s sovereigns signed a 50-year petrodollar pact on June 6, 1974, which expired on or around June 9, 2024. If that were true, this week would be one of the most historic weeks in the history of the US dollar. It should be primed for an immediate crash, according to the theory, to the immediate benefit of emerging currencies. Some articles go so far as to claim, “Crown Prince Mohammed bin Salman has informed the Saudi government that the country will no longer accept US dollars for oil transactions.” Yes, there are peopl...