Several spot Ethereum EFT applications are waiting to be approved by the United Securities and Exchange Commission (SEC), but Senior Bloomberg Analyst Eric Balchunas does not think it will happen soon. Spot Ethereum ETF Might Come Within The Year Grayscale Investment recently withdrew its application for Ethereum Futures ETF, claiming that it has several futures […]

In the crypto domain, Shibarium emerges as a promising contender amidst the ongoing Bitcoin bull run and the influx of capital into the crypto market. Moreover, Lucie, a Shibarium representative, noted that the ecosystem is gearing up for what it believes will be a monumental victory in the face of these market dynamics. Shibarium To […]

Ripple Labs partner, SBI Digital Holdings has announced a deal to bring sports fans tokens to the Japanese market. In a May 9 announcement, the company unveiled a partnership with Chiliz to introduce a joint venture for sports and entertainment. According to the release, the digital arm of SBI Holdings will give users access to […]

Ethereum, the blockchain platform second only to Bitcoin in market capitalization, has achieved a significant milestone in its staking participation rate, surpassing the 25% mark. This development, highlighted by on-chain analytics firm IntoTheBlock, underscores a growing interest and confidence in Ethereum’s proof-of-stake (PoS) consensus mechanism. The increased staking participation demonstrates the community’s faith in Ethereum’s […]

After dropping all the way under $61,000 on Thursday, May 9, the Bitcoin (BTC) price can give some bounceback gaining 2% in the last 24 hours and shooting back to $63,000 levels. The BTC price has largely remained range-bound between $61,000-$64,000. However, data shows that Bitcoin could soon be breaking out of the consolidation phase. […]

Franklin Templeton, a global asset management firm, has submitted a filing for a spot Ethereum ETF, signaling its intention to provide investors with a more traditional vehicle to gain exposure to the second-largest cryptocurrency by market capitalization. This move places Franklin Templeton alongside other financial giants such as Ark 21Shares and BlackRock. They have also […]

EigenLayer, a decentralized finance (DeFi) protocol, has captured the attention of the crypto community with its highly anticipated token launch. Since its soft launch in 2023, EigenLayer has rapidly amassed a staggering $14 billion in assets, establishing itself as a dominant player in the DeFi space. At the core of EigenLayer’s appeal lies its innovative […]

In a recent development, pro-XRP lawyer Bill Morgan has raised questions over the cryptocurrency’s sluggish performance in the market. With XRP trailing behind its peers over the last 90 days, Morgan deems the situation “unnatural,” sparking speculation about the crypto’s future trajectory. Meanwhile, amid this backdrop, analysts and investors alike are pondering whether the crypto […]

Bitcoin price forecast: The largest digital asset made another surprise move in the bullish direction on Friday, increasing its market value by 2.6% in 24 hours to $62,988. Although a minor change in the value, the entire crypto market beamed with the hope of extending the bullish outlook into the weekend. Major altcoins like Ethereum, […]

LUNC News: A former Joint L1 Task Force (L1TF) developer, along with other developers and Terra Luna Classic validators, has started working on 800 million USTC burn to reduce the circulating supply of stablecoin by burning balance in a contract, according to the latest detail. Terra Luna Classic Starts Testing 800 Mln USTC Burn The […]