The United States Securities and Exchange Commission (SEC) recently granted approval for Spot Bitcoin ETFs, but TD Cowen, a prominent American investment bank and financial service firm, anticipates potential delays in the approval process of Ethereum Spot ETFs. This article explores TD Cowen’s forecast and provides insight into the factors contributing to the possible postponement.
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Nike, the iconic sportswear giant, is once again pushing the boundaries of innovation with its latest endeavor into digital wearables. Introducing “Nike In-Game Wearables,” a new line specifically designed for use in video games. This revolutionary collection aims to bridge the gap between virtual wearables and physical products, creating a unique value proposition that appeals
In the fourth quarter of last year, 1inch, the popular decentralized exchange (DEX) aggregator, witnessed an extraordinary surge in volumes and market dominance. According to a report by Messari, the executed volume on 1inch exceeded $30 billion, solidifying its commanding position with a 64% share of the Ethereum DEX aggregator market. This exponential increase in
In a recent interview with CNBC, Anthony Scaramucci, the founder and CEO of SkyBridge Capital, shared his prediction that Bitcoin (BTC) would reach its all-time high before the end of 2024. Scaramucci’s optimism stems from the United States Securities and Exchange Commission’s (SEC) approval of spot Bitcoin exchange-traded funds (ETFs), which he believes will fuel
The latest research report by Coinbase Research and Glassnode highlights the similarities between the current state of the crypto market and the period from 2018 to 2022. The report indicates that Bitcoin (BTC) and Ethereum (ETH) are following a pattern similar to previous years, during which their prices surged significantly. According to the research, both
In the world of digital currencies, Ethereum has recently staged a remarkable coup, outshining its longtime rival Bitcoin. Over the span of just two weeks, Ethereum has surged by an impressive 14%, capturing the attention of investors and enthusiasts. This surge has propelled Ethereum’s price above a key psychological barrier, as it surpassed $2,600 for
The US Securities and Exchange Commission (SEC) made a momentous decision on Wednesday, January 10, by approving the launch of spot Bitcoin ETFs. This marks a significant milestone in US trading history and has paved the way for increased institutional demand for Bitcoin. In just the first two days of trading, these investment funds have
In a recent analysis by crypto analyst Ali Martinez, he highlighted the potential for Solana (SOL) to continue its impressive performance from 2023. Martinez pointed out that SOL was breaking out from a bull flag on the 4-hour chart, suggesting a possible rally towards the $150 to $165 price range if there was a sustained
The dApp industry has witnessed remarkable growth in 2023, as highlighted by DappRadar’s recently released 2023 Industry Report. This comprehensive report presents an overview of the dynamic landscape, shedding light on key trends in NFTs, DeFi, and blockchain gaming. The findings reveal a 124% year-over-year increase in Unique Active Wallets (UAW), showcasing the industry’s expanding
Blockchain technology has seen significant growth and adoption across various industries, including gaming. The concept of blockchain games, which leverage decentralized networks to offer players enhanced ownership and unique gaming experiences, has been met with enthusiasm. However, a recent analysis from the Big Blockchain Game List has revealed that more than 30% of blockchain games
In a recent development, the Indian government has blocked access to major global crypto exchanges, including Binance, KuCoin, and OKX. This move, effective January 12th, is aimed at preventing Indians from accessing the URLs of foreign crypto platforms. Notably, the Ministry of Electronics and Information Technology has also requested Apple to restrict Indians from accessing
The recent report by the Commodity Futures Trading Commission (CFTC) sheds light on the fundamental issues within decentralized finance (DeFi) systems. It highlights the absence of clear lines of responsibility and accountability intentionally overlooked by certain industry structures. The report emphasizes the substantial risks that DeFi systems pose to consumers, investors, financial stability, market integrity,
The price of Bitcoin has been soaring recently, thanks to the approval and launch of Spot Bitcoin ETFs. However, Jason Pizzino, a renowned crypto analyst, warns that this bullish momentum might come to a temporary halt. Pizzino predicts a significant price drop for Bitcoin due to its proximity to a crucial resistance point. In a
The price of Shiba Inu (SHIB) has been facing a continuous downtrend since the beginning of the month. It has fallen as much as 20% from the yearly open, reaching a low point of $0.000008735 on January 8th. Although there has been a recovery of 15% since then, with SHIB currently trading at $0.000009763, the
Cryptocurrency expert Anthony Sassano recently shared an optimistic outlook for the Ethereum ecosystem, suggesting that Ethereum (ETH) could reach a new all-time high (ATH) this year. Sassano even went so far as to predict a potential price level of $10,000 for ETH if the Ethereum Spot ETF hype were to gain significant momentum. This speculation
Cardano, the cryptocurrency network, has recently implemented several improvements and updates to enhance its performance and scalability. In addition to gaining bullish momentum in the crypto market, Cardano has introduced a new version of its client, resolved communication issues, and fixed bugs in its wallet and services sector. These developments have contributed to the growth
The cryptocurrency market is currently experiencing a trend in explosive decentralized exchange (DEX)-traded token moves. Meme coins like Poldo Token, BONKITA, SAMBOs Bot, SOLAREUM, Joe on SOL, BINK, and BONG have been garnering significant attention. However, amidst this frenzy, red flags have emerged in the price analysis of Poldo Token. Poldo Token, a Polygon memecoin,
The US stock markets witnessed a whirlwind of activity on the first trading day of 11 new spot Bitcoin ETFs. The resulting price movements were nothing short of spectacular, as the multi-year high quickly turned into a massive dump. But it wasn’t just Bitcoin that experienced turbulence; most altcoins also saw a dip in their
Vendetta Games’ flagship game, Chalk River Metaverse, has managed to captivate gamers worldwide with its unique blend of wild-west, open-world combat gameplay, combined with the exciting world of non-fungible tokens (NFTs) and web3 technology. Since the initial alpha tests made available to the public last year, the game has undergone significant developments and improvements. As
South Korea’s Financial Services Commission (FSC) has raised concerns about the legality of domestic securities firms offering brokerage services for overseas-listed Bitcoin spot exchange-traded funds (ETFs). The FSC stated that these services may be in violation of local laws, specifically the Virtual Asset User Protection Act and the Capital Markets Act. This article will examine
The approval of the Bitcoin spot ETF in the United States has made a significant impact on the cryptocurrency market, resulting in a surge in prices. Among the altcoins experiencing a remarkable rally, Ethereum Classic (ETC) stands out as a prominent leader. After a prolonged period of stagnation at around $20, Ethereum Classic has skyrocketed
Cryptocurrency enthusiasts are buzzing with excitement over a bold prediction made by Samson Mow, a prominent figure in the crypto world. Mow, known for his role as the former CSO at Blockstream, has set the stage for a colossal price surge in Bitcoin, which he calls the “Omega Candle.” According to Mow, this surge will
Gas Hero, the revolutionary NFT trading platform developed by Find Satoshi Lab, has taken the world by storm with its remarkable increase in trading activity. As a project hosted on the Polygon network, Gas Hero offers users the unique opportunity to trade a diverse range of NFTs including characters, items, weapons, pets, and more. With
Grayscale, a leading digital asset management firm, has recently filed for a Bitcoin covered call exchange-traded fund (ETF). This move showcases Grayscale’s dedication to expanding its product offerings and the overall cryptocurrency ecosystem. The filing was made on January 11 and has gained attention from various external reports and media outlets. Grayscale’s CEO, Michael Sonnenshein,
Accurately predicting price movements in the volatile and complex world of trading has always been a challenge. However, advancements in artificial intelligence (AI) and machine learning algorithms are now offering a glimmer of hope for investors and traders. By analyzing vast amounts of data, these AI models can identify patterns and trends that may elude
In a surprising turn of events, X, formerly known as Twitter, has made the decision to remove the feature that allowed premium subscribers to use NFTs as their display pictures. This unexpected move has left many crypto enthusiasts and collectors disappointed, as they saw it as a unique opportunity to showcase their valuable digital assets
With the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the focus of crypto investors has now shifted to the possibility of XRP ETFs. Steve McClurg, the Chief Investment Officer (CIO) for Valkyrie, believes that altcoins like Ethereum and Ripple’s XRP might be the next in line to