The United States Securities and Exchange Commission (SEC) has requested public input on a proposed rule change that could enable asset management firm Fidelity to offer shares of its spot Ether (ETH) exchange-traded fund (ETF). This move comes as Fidelity joins the growing number of firms seeking to launch a spot crypto ETF in the
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The world of decentralized finance (DeFi) has witnessed a significant surge in explosive moves by DEX-traded tokens in recent months. These moon-shots have captured the attention of both retail traders and crypto enthusiasts. Among the latest additions to this trend is XCEPT token ($XCEPT), which skyrocketed with an astonishing +8,700% pump on the popular decentralized
The bankruptcy court in Delaware has given permission to bankrupt cryptocurrency exchange FTX to sell approximately $873 million worth of trust assets. This move aims to repay creditors who suffered from the collapse of the exchange in 2022. The assets include FTX’s stakes in trusts managed by Grayscale Investments and custody service provider Bitwise, valued
Prominent esports organization Team Liquid has recently announced an exciting collaboration with the NFT game Illuvium, marking a significant step in the integration of esports and blockchain gaming. This partnership highlights the increasing adoption of new technologies in the global gaming industry as Team Liquid aims to refine and enhance the player-vs-player (PVP) mechanics of
In a recent YouTube video, the analyst behind the Lady Of Crypto channel expressed her reluctance to include Cardano’s ADA token in her investment portfolio. While acknowledging the positive qualities of Cardano founder Charles Hoskinson, the analyst conducted a thorough analysis to assess the blockchain network’s ability to keep up with its competitors. This article
November’s breakout decentralized exchange (DEX) token, $ETHETF, is rapidly approaching its 21% total supply burn target. With 1,000,000 tokens burned in a single day, the market sentiment has turned bullish, presenting an opportunity for investors. The burn mechanism of $ETHETF is a dynamic one, aiming to reduce the token’s supply by 21 million tokens, which
The XRP community and Charles Hoskinson, the founder of Cardano, find themselves in the midst of a heated disagreement. This dispute has gained significant attention within the cryptocurrency space. According to recent developments, an XRP community member, Mr. Huber, publicly called out Charles Hoskinson on social media platform X. The post, accompanied by a video
The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory, shedding light on Binance’s operations within the country. The advisory outlined several regulatory concerns and stated that Binance is not registered as a corporation in the Philippines and operates without the necessary licenses and authority. While acknowledging Binance’s registration in other countries, the
Banco Santander, a major financial institution based in Spain, has recently taken steps to enter the world of cryptocurrencies. The bank’s Swiss private banking unit has introduced a new service that allows clients with Swiss accounts to trade Bitcoin (BTC) and Ether (ETH). However, access to these crypto investment services is not automatic. Clients must
The individual responsible for the $46 million cryptocurrency theft from KyberSwap has issued a warning to the exchange’s executives, tokenholders, and liquidity providers. In an on-chain message, the exploiter demanded that the hostilities subside before negotiations could proceed. They threatened to postpone any potential treaty announcement until all parties involved can engage in a more
In a significant development in the ongoing SEC case against Terraform Labs, a U.S. court has ruled that Jump Crypto, a “third party,” will be allowed to submit certain information to the court in confidence. This ruling, according to an order made on November 28, grants Jump Crypto the opportunity to present its evidence discreetly.
Bitcoin, the world’s most popular cryptocurrency, has recently caught the attention of the crypto community due to a bold prediction made by the controversial Stock-to-Flow (S2F) model creator, PlanB. In a statement posted on social media, PlanB confidently declared that Bitcoin’s price would never drop below the $35,000 threshold again. This assertion was supported by
Ethereum’s native cryptocurrency, Ether (ETH), has showcased remarkable resilience after the market crash in the latter part of 2022. Currently trading at approximately $2,000, ETH has seen a 70% price increase since the beginning of the year. Analysts believe that this positive trend is just the tip of the iceberg and could potentially lead ETH
Louis Vuitton, the iconic fashion brand renowned for its timeless elegance and luxury, has recently taken a groundbreaking step into the digital world. In a bid to embrace the evolving digital landscape, Louis Vuitton introduced the VIA program, marking its entrance into the highly anticipated Web3 space. This strategic move not only demonstrates the brand’s
With the increasing hype surrounding blockchain projects harnessing artificial intelligence (AI), it is crucial to differentiate between genuine use cases and mere speculative coins. In this article, we will explore some of the key applications of AI in the crypto and blockchain industry, while critically examining the limitations and challenges that must be addressed. Decentralized
A recent report from Bitfinex Alpha reveals that a majority of Bitcoin holders are currently experiencing positive returns on their investments. The report states that more than 83% of the BTC supply is currently held at a profit. This is the highest percentage of profitable holdings since November 2021 when Bitcoin reached its all-time high
Bitcoin, the leading cryptocurrency, has been the subject of intense analysis and speculation by crypto experts. A recent analysis by renowned crypto expert CryptoCon has provided a bullish outlook for Bitcoin, predicting a potential rally to $48,000 by early January. This analysis is based on the reliability of the Ichimoku Cloud indicator, which has historically
Cardano’s ADA token has been experiencing a period of range-bound trading, according to a recent video analysis by a popular YouTube crypto analyst. The analyst highlights that ADA has been unable to establish new price highs or lows, remaining stuck within the confines of support and resistance levels that have formed a triangle pattern on
The rise in popularity of non-fungible tokens (NFTs) has brought attention to the need for efficient and secure storage solutions. Akord, a platform built on the Arweave blockchain, is taking the lead in addressing these concerns. By offering permanent and decentralized storage capabilities, Akord ensures that NFT assets remain securely accessible over time. Akord distinguishes
The recent blog post by Ethereum founder Vitalik Buterin has caused a stir within the AI and blockchain community. Buterin’s post delves into the potential threats posed by artificial intelligence (AI) to humanity and has garnered both agreement and criticism from various individuals. This article aims to explore the different perspectives on this important topic
Spain’s Tax Administration Agency, Agencia Tributaria, has issued an update mandating that Spanish citizens must disclose their cryptocurrency holdings exceeding €50,000 (about $55,000) held on foreign platforms for tax purposes. Starting in January of next year, individuals and businesses impacted by this directive will be required to officially report their crypto assets held on non-Spanish
Coinbase, one of the largest cryptocurrency exchanges in the United States, recently revealed that it has been subpoenaed by the U.S. Commodity Futures Trading Commission (CFTC). The nature of the investigation remains unknown, but Coinbase stated that it has been asked to provide information about its users’ accounts and transaction activity. This development has sent
The DEX market has recently witnessed explosive moves by various tokens, capturing significant attention from traders. These moon-shots, including popular tokens like APX, SAMBO Bot, Baby Meme, TIME, ROCKY, and IO, have experienced significant price volatility and gains. Among these tokens, a relatively unknown token called 10000x has made a surprising entry, skyrocketing by an
Ether (ETH) has been facing challenges in maintaining the $2,000 support level, as it continues to struggle in surpassing the $2,100 mark. The recent downturn in Ether’s performance is in line with the overall decline in market sentiment in the broader cryptocurrency market. However, it is important to analyze whether recent events, such as the
The recent fraud scandals involving crypto exchange platforms in Hong Kong, namely JPEX and Hounax, have raised concerns about the efficacy of regulatory oversight in the city’s virtual asset sector. Despite these incidents, Hong Kong’s financial regulators have decided to retain the grace period for crypto firms, allowing them to continue operating without a license
The cryptocurrency market has seen a surge of meme coins in recent times, with PEPE100x being the latest addition to this trend. The token experienced a remarkable overnight jump of 50x, reaching a peak of $0.00386. However, this rapid rise was short-lived, as PEPE100x quickly plummeted by approximately 84% from its record high. The sudden
The digital asset investment market has experienced a remarkable surge in capital over the past week, with a staggering $346 million pouring into various investment products. This influx represents the largest weekly inflow in a consecutive nine-week period, reminiscent of the bullish environment witnessed in late 2021. CoinShares’ recent data highlights the significance of this