Ultron Ai: Latest market news on digital currency! !

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  Financial Advisors Wary of Investing in Spot Bitcoin ETFs, BlackRock Exec Says


Cohen cites Bitcoin’s volatility and the nascent stage of spot ETFs as key reasons for financial advisors’ skepticism. BlackRock’s chief investment officer for index investments, Samara Cohen, recently implied that amidst the recent success of spot Bitcoin exchange-traded funds, financial investors still exercise some degree of caution when investing. The volatility and infancy of Bitcoin and related exchange-traded funds are the primary drivers behind this investment class’s slow adoption.




 US SEC pushes back against Ripple's efforts to lower its fines saying the firm 'is agreeing to nothing'


The U.S. Securities and Exchange Commission rebutted Ripple's push for lower fines in its case against the regulator and said circumstances were different when it set penalties for Terraform last week. Ripple, which has been in a legal battle with the SEC since 2020, compared the regulator's proposed $2 billion fine for selling to institutional investors to fines against Terraform Labs in a "notice of supplemental authority" filed to a New York district court on June 13




TON blockchain’s TVL surges above $600 million to set record high

The Open Network, or TON blockchain, soared to $609.78 million in total value locked on Monday, according to DefiLlama data. This comes just three weeks after the network’s TVL recorded $300 million. Many of the top 10 protocols on TON, as detailed by DefiLlama, made significant growth in TVL over the past seven days. The TVL on DeDust, a TON-based decentralized exchange liquidity pool, surged by 53% in the past week, reaching nearly $300 million.






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