Author: CryptooTimes
The spot Ether ETFs approval by the SEC has failed to start a rally in Ether and Bitcoin, but this could change after a few weeks. Source link
The SEC, after weeks of limited engagement, asked exchanges supporting spot ether ETF applications to refile their 19b-4 forms with universal language earlier this week. Those forms were submitted to the SEC by Tuesday, and the exchanges began publishing them online that night. The SEC also appears to have begun engaging with the would-be issuers themselves, as companies like Fidelity and Grayscale filed updated S-1 forms this week. The SEC has to make a final decision on at least one spot ether ETF application by the end of the day Thursday. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. KangaMoon is set to launch on BitMart after raising over 6.8 million in presale. Experts believe KANG has the potential to make notable ROIs for investors. In January, crypto coins like Bonk (BONK) and Dogwifhat (WIF) triggered an extended bullish momentum that has seen both tokens achieve their respective all-time price peaks so far. Notably, the bullish sentiment resulted in significant ROIs for investors who bought these crypto coins in January. Currently, there’s a similar opportunity to buy the…
The estate charged with overseeing the FTX bankruptcy has auctioned the last of its highly discounted SOL tokens to Pantera Capital and Figure Markets. Source link
Bitcoin (BTC) Price Drops Below $68K, Ether Slumps in Crypto Market Sell-Off as ETH ETF Decision Looms
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Despite SEC Chair Gary Gensler’s belief that most cryptocurrencies are securities, Grayscale Investments continues to launch new digital asset investment products. Grayscale has introduced two new standalone crypto trusts, providing limited exposure to Bitcoin layer-2 network Stacks (STX) and altcoin blockchain Near Protocol (NEAR). In a Thursday press statement, Grayscale’s head of product and research, Rayhaneh Sharif-Askary, explained that the creation of these trusts is in response to the growing demand for diversified crypto-asset vehicles in a rapidly developing decentralized marketplace. “By creating distinctive solutions to address blockchain’s scalability challenges, Stacks and Near are poised to help foster greater adoption”,…
Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty. Source link
No, a Sponsored Labeled Crypto Press Release Is Not An Alternative to Editorial Coverage, PR Pro Says
With these services, press releases are generally just “syndicated”, meaning that, although they will indeed be published by dozens of news sites, including crypto-focused ones, they’ll often end up published in a non-editorial “backyard” section of the website that gets a lot less eyeballs. The actual content will just be a duplicated version of the original press release, with no editorial review, no analysis, no opinions or unique interpretation of what’s happening. Just a sponsored labeled press release, with a regulatory requirement to disclose that it’s basically just a paid ad, which generates neither the credibility or trust projects are…
The DFINITY Foundation, known for its work on the Internet Computer blockchain, announced on May 22 the launch of the EVM RPC and the new stablecoin, ckUSDC. The innovations aim to foster interoperability across multiple blockchains and expand decentralized finance (defi) utility within the ecosystem. “Reaching the Tritium milestone with the EVM RPC enables Internet Computer smart contracts to read and write to any blockchain supporting the Ethereum JSON-RPC protocol,” said Lomesh Dutta, VP of Growth at DFINITY. JSON-RPC, or JavaScript Object Notation-Remote Procedure Call, is a coding protocol for sending commands and receiving responses in a standardized way across…
While Bitcoin is often marketed as “digital gold,” Ethereum hasn’t quite found its simple elevator pitch yet, according to crypto analysts. Source link