TLDR Bitwise executive says Ethereum ETFs are “close to the finish line” for approval The SEC is reportedly open to discussions about crypto ETFs beyond Bitcoin and Ethereum Bloomberg analyst Eric Balchunas suggests July 18 as a possible launch date for Ethereum ETFs Several asset managers submitted amended S-1 filings for their Ethereum ETF applications …
Continue reading “Nearly There: The Final Countdown to Ethereum Spot ETF Launches”
Bitwise CCO Katherine Dowling said spot Ethereum ETFs are “close to the finish line” while noting that the SEC is “quite welcoming” about discussions regarding other products. On July 9, Dowling told Bloomberg that the SEC and ETF issuers are addressing fewer issues in each S-1 amendment, pointing to a close launch. Dowling affirmed SEC …
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Bitcoin (BTC) miner TeraWulf announced it has fully satisfied its debt obligations and plans to scale up its operations. On July 9, the firm said its final debt payment amounted to $77.5 million, including pre-payment fees and accrued interest. TeraWulf completed the repayment ahead of schedule and has no outstanding debt. Scaling up TeraWulf said …
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Pavel Durov, CEO of Telegram, one of the most popular messaging applications, has remarked on the relevance that Hamster Kombat, a tap-to-earn game where players role-play as a hamster who is the CEO of a crypto exchange, will have in bringing blockchain to millions. 239 million have signed to be part of the game, according …
On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s Second Bitcoin ETF Digitalx, a digital …
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request …
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China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month …
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The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent value. Singapore Court Rules in Multichain Case Fantom Foundation Ltd. (the …
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Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver …
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A closely followed on-chain analyst says crypto whales are heavily loading up on an altcoin running on the Ethereum (ETH) network. Ali Martinez tells his 66,900 followers on the social media platform X that deep-pocketed investors accumulated tens of millions of dollars worth of the decentralized oracle Chainlink (LINK) in just seven days. “Chainlink whales …
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this …
Continue reading “Celestia (TIA) Emerges As The Market Leader With 16% Surge, Catalysts Revealed”
On-chain data shows that Bitcoin is forming a pattern in its Total Amount of Holders, which last proved bullish for the cryptocurrency. Bitcoin Has Seen A Fall In Its Total Number of Holders Recently According to data from the on-chain analytics firm Santiment, BTC investors have been liquidating their wallets amid the recent bearish wave in …
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XRP is starting to recover after bouncing off $0.405 on July 5, suggesting the early stages of a rebound may be brewing. The crypto market has been volatile lately, and XRP hasn’t been spared. The crypto’s price took a dip recently, dropping below $0.40 for the first time in over a year. It is interesting …
Continue reading “Crypto Whales Buy The Dip As $22 Million In XRP Flows Out Of Binance”
On Monday, professional football player Lionel Messi promoted a Solana-based memecoin to his 504 million Instagram followers. The Argentine player shared a link to Watercoin (WATER), propelling the token by 350%. The crypto community has expressed concern about Messi’s endorsement of the project. Related Reading Global Football Stars Promote WATER Lionel Messi, one of the …
Based on the formation in the daily chart, Bitcoin is at a critical point, price-wise. As the battle between bulls and bears progresses, it is clear that sellers have the upper hand for now despite the recent price stability. BTC Prices At A Crucial Price Level: Will Bulls Take Over? As BTC bulls attempt to …
Continue reading “Bitcoin Trending Below Crucial Support: Do BTC Bulls Have What It Takes?”
