On July 28, Volatility Shares submitted paperwork for its Ether Strategy ETF. Analyst Balchunas is confident in an Ether ETF approval rate of 95%. Bloomberg’s senior ETF analyst Eric Balchunas said that on October 12, 2023, Volatility Shares will introduce the Ether Strategy ETF (Ticker: ETHU). It will be the first exchange-traded fund (ETF) to […]
Stellar buys a minority stake in MoneyGram
The Stellar Development Foundation acquires a minority stake in major remittances platform MoneyGram. The Stellar Development Foundation (SDF) — the organization behind the Lumens (XLM) blockchain — announced on Aug. 15 that it is acquiring a minority stake in major remittances…
Donald Trump, Longtime Crypto Critic, Reportedly Holds Over $5 Million In Ether
Despite his previous skepticism about cryptocurrencies, former U.S. President Donald Trump reportedly holds more than $5 million in an Ethereum wallet. This puts Trump, who is bidding to return to the White House in 2024, near the crypto “whale” category. The $5 million in Trump’s Ethereum wallet is significantly bigger than the $250,000-$500,000 figure previously […]
Vitalik Buterin praises decentralized consensus of X Community Notes
Ethereum founder Vitalik Buterin views X’s (formerly Twitter) Community Notes feature as a transparent, consensus-driven approach reminiscent of crypto. In a recent blog post, Buterin provides an in-depth analysis of Community Notes through a crypto lens. Community Notes allow users to append context and fact-checking notes to tweets. The visibility of each note is determined […]
Coinbase Gains FCM Approval for Regulated Crypto Derivatives Access
Coinbase Financial Markets secures FCM approval, paving the way for regulated crypto derivatives in the US, enhancing trading options but with oversight. (Read More)
Algorand Price Analysis: ALGO Prices Back AT $0.10, Traders Confused In A Fakeout or Restest?
The post Algorand Price Analysis: ALGO Prices Back AT $0.10, Traders Confused In A Fakeout or Restest? appeared first on Coinpedia Fintech News Despite an overall bearish declining trend, the tides for ALGO price were set to change with a triangle breakout However, the excessive selling pressure at the 50-day EMA and the bleeding altcoin […]
Ripple CTO Sparks Heated Debate as He Reflects on Elon Musk’s X Revolution
David Schwartz sparks controversy with his opinion on Elon Musk’s X ad revenue sharing program
BTC Price Falls to $29,000 as SEC Delays All Bitcoin ETF Decisions Until 2024 – Is $20,000 or $40,000 Next? Report
The SEC is likely to avail the entire 240 days of the review process before approving any of the spot Bitcoin ETF applications. The federal regulator has been reluctant of approving this investment vehicle citing market manipulation risks. The crypto community has been eagerly waiting for the SEC’s approval for spot Bitcoin ETF, however, it […]
Prosecutors Aim to Use Caroline Ellison’s Personal Notes as Evidence Against SBF
The prosecution plans to use Caroline Ellison’s personal memos as part of their case against former FTX CEO Sam Bankman-Fried.
Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says “told you so”.