At the recent MicroStrategy World: Bitcoin for Corporations conference, Alex Thorn, Head of Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and corporations. In an interview with Bitcoin Magazine, Thorn explored how Wall Street has begun to embrace Bitcoin, the dual nature of Bitcoin’s role as […]

A top crypto trader thinks one Ethereum (ETH)-based decentralized finance (DeFi) token is an “obvious play” amid recent ETH developments. The pseudonymous analyst known as the Flow Horse tells his 216,500 followers on the social media platform X that the governance token of Ethena (ENA) looks promising. “Looking to go for round 2 of a […]

The U.S. Securities and Exchange Commission appears ready to pass eight spot Ethereum ETFs after expectations on their approval flipped overnight. The agency just approved form 19b-4 filings from BlackRock, Fidelity, VanEck, Grayscale, Bitwise, Ark, Franklin Templeton and Invesco Galaxy simultaneously. Although the products have nearly obtained the full go-ahead, the SEC must approve the […]

TL;DR Grayscale Investments launches the Near Trust and Stacks Trust funds to provide investors access to specific parts of the crypto ecosystem. The new funds aim to address the demand for diversified exposure and are designed to provide exclusive access to NEAR and STX tokens. The funds are available for daily subscription for both individual […]

Metaplanet Inc., inspired by MicroStrategy, has aggressively accumulated Bitcoin, boosting its share price by 388% this year. Listed on the Tokyo Stock Exchange, Metaplanet’s trading was halted due to exceeding TSE’s daily price limits. The company, now a top performer in Japan, views Bitcoin as a hedge against Japan’s high debt-to-GDP ratio. While MicroStrategy (MSTR) […]

Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved “at some point in time.” In an interview on CNBC, Kelly specified that solana (SOL) might be the next asset […]

Cryptocurrency. Ethereum ETF Approval: What Bitcoin's History Teaches Us. May 23, 2024 6:30 PM ETEthereum USD (ETH-USD) Crypto2 Comments. Growth …

Crypto trader and analyst Unipcs (Bonk Guy) has reiterated his bullish prediction for Dogwifhat (WIF). He made this statement while revealing the sums lost by short traders thanks to their bearish sentiment around the meme coin.  Dogwifhat Headed To $10 Unipcs mentioned in an X (formerly Twitter) post that Dogwifhat is “headed to $10” and […]

President Joe Biden has ten days, excluding Sundays, to decide whether he wants to follow through on his threat to veto H.J.Res.109.

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating […]

WisdomTree’s cryptocurrency ETPs will be able to start trading on London Stock Exchange

A Wells Fargo customer in California just filed a proposed class-action lawsuit accusing the bank of draining customers’ accounts in blatant violation of consumer protection laws. The plaintiff, piano teacher Helen Palma, alleges Wells Fargo unlawfully seized funds from her bank account after she fell behind on credit card payments, reports ClassAction.org. According to the filing, […]

BlockDAG Dominates With $31.4M Presale Boosted By Influencer Support, Surpassing Polygon And Filecoin Projections While Polygon (MATIC) demonstrates potential resilience in the volatile crypto market, and Filecoin’s price prediction suggests an upcoming bullish reversal, it is BlockDAG that truly shines. Thanks to strategic influencer partnerships and an active YouTube presence, BlockDAG’s presale has soared past […]

The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin ETFs were the fastest growing ETFs in the history of ETFs, according to BlackRock CEO Larry Fink. JUST […]

TL;DR Fantom Foundation announces the launch of Sonic, a new blockchain with innovative features. The launch of Sonic includes the creation of the Sonic Foundation and Sonic Labs to manage the governance and growth of the ecosystem. A $10 million strategic financing round led by Hashed, with backing from other prominent investors, has closed. The […]

TL;DR The Solana DePIN ecosystem shows significant growth, leading the decentralized infrastructure revolution. Featured projects in key sectors such as compute, connectivity, data/sensors and storage reflect SOL progress in each area. Flipside Crypto identifies category leaders such as Render Network, Helium, Hivemapper and shdwDrive, highlighting their impact on the development of decentralized infrastructure. The Solana […]

After months of speculation, an approval for spot Ethereum ETFs by the SEC appears imminent. Heightened political discourse is likely behind the regulatory body’s turnaround, who just weeks ago seemed set to decline applications for Ether-based funds. An approval may come as soon as tonight. After months of umming and ahhing, the SEC appears to […]

The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin.

The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum Trust and the Bitwise Ethereum ETF, Nasdaq can now list the […]

Hong Kong streaming firm to buy $100M of crypto, Worldcoin reprimanded on privacy, women take charge of biggest exchanges: Asia Express.

Axie Infinity (AXS), the popular play-to-earn game token, appears to be drawing significant attention from crypto analysts and investors alike. Recent analyses by renowned crypto experts Ali and Captain Faibik have identified key patterns and technical signals indicating a possible bullish breakout for AXS. The analysts observed an inverted head and shoulders pattern on the […]

Ben Zhou, CEO of cryptocurrency exchange Bybit, has addressed circulating rumors about the platform’s hacking and insolvency. He denied all insolvency rumors and shared evidence of Bybit’s financial holdings and crypto assets. Bybit CEO Shares Proof-of-Reserves In a May 23 X post, Zhou denied the allegations, asserting that they have no factual basis. “None of […]

Bitcoin reached highs of $71,980 before encountering resistance

B2C2, a provider of institutional liquidity for digital assets, has announced a partnership with Swissquote, an online banking and financial services provider based in Switzerland. Swissquote has developed Swissquote Exchange (SQX), a central limit order book that offers deep liquidity and a secure environment for trading cryptocurrencies. Cryptocurrency Offerings and Liquidity with Integration Users of […]

BlockDAG’s 33rd Development Release introduces crucial advancements by integrating SHA-3 hashing and off-chain data solutions, enhancing both security and efficiency. With the presale achieving significant milestones—nearly 6,000 miners sold and the coin price at $0.0085—BlockDAG continues to impress investors with its eco-friendly platform and simplified blockchain engagement tools. Introduction to BlockDAG and Its Innovations BlockDAG […]

Cryptocurrency price on May 23 quick take: The global market cap dipped to $2.58 trillion.

Bitcoin is fast-dropping, looking at price action in the daily chart. Even after the impressive spike above $71,500 early this week, there needs to be a conclusive follow-through for optimistic bulls. Despite this correction, one analyst strongly believes Bitcoin will rally sharply, reaching $80,000 by the end of the month.   Will Bitcoin Hit $80,000 By […]

VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs.

The co-founder of Gala (GALA), Eric Schiermeyer, is revealing the genesis of an exploit that led to the loss of crypto assets worth millions of dollars on the blockchain-based gaming platform. Schiermeyer says that a security incident triggered the “unauthorized SALE of 600 million ($21 million) GALA tokens and the effective BURN of 4.4 billion […]

TL;DR The decision on the approval of the Ethereum ETF is imminent, with expectations of a significant impact on the market. Large financial firms, including BlackRock, have adjusted their ETF filings with the SEC, suggesting a high likelihood of approval. An investment idea is proposed that reflects confidence in the approval of the Ethereum ETF […]

The Financial Innovation and Technology for the 21st Century Act (FIT21) passed the US House, marking the first time a major crypto bill has passed either chamber of the US Congress. President Joe Biden has said that although he doesn’t support the bill he would not veto it if it were to be passed by […]

AIOZ Network has partnered with Nvidia, becoming the first DePIN company in Nvidia’s Accelerated Applications Catalog. The partnership is set to leverage Nvidia’s vast customer base to boost AIOZ’s Web3 AI computation, data storage, and streaming services. Despite a recent price rise, AIOZ is still below its all-time high, yet remains a recommended investment for […]