Ethereum-based synthetic dollar protocol Ethena has been in the news recently with its native token ENA gaining a staggering 100% since launch in early April 2024. Amid the widespread buzz in the market, Ethena, which replicates a common hedge-fund trade, is attracting massive investments. However, the staking yields offered by Ethena, have surged to a […]
Spot Bitcoin ETFs Preparing To Start Trading By Thursday Morning: Report
The wait for approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. could come to an end this week finally, according to a report citing three people close to the matter. Spot Bitcoin ETFs could get regulatory approval from the U.S. SEC on Wednesday, with more than one fund preparing to launch trading on […]
Fidelity Launches Three New Liquid Alts ETFs for Enhanced Equity
In response to growing investor demand for products that offer both downside protection and potential for enhanced income, Fidelity Investments has unveiled three new exchange-traded funds (ETFs). The actively managed ETFs, namely the Fidelity Dynamic Buffered Equity ETF (FBUF), Fidelity Hedged Equity ETF (FHEQ), and Fidelity Yield Enhanced Equity ETF (FYEE), are designed to combine […]
Elon Musk’s X to Launch Payment Option This Year
In a bold move that aligns with his reputation for pushing the boundaries of innovation, Elon Musk’s X is gearing up to introduce its payment offering later this year. Known for his ventures in electric vehicles, and space exploration, Elon Musk continues to diversify his portfolio with this innovative foray into the financial sector. Actualizing […]
Binance Launchpool Adds Omni Network (OMNI), What’s Next?
Binance, the renowned cryptocurrency exchange, has sparked discussions in the digital currency realm with its latest addition to the Binance Launchpool. Notably, the spotlight shines on the Omni Network (OMNI), offering investors a chance to delve into a novel blockchain architecture. As anticipation mounts, questions arise regarding the implications of this move on the crypto […]
Ethereum and XRP ETFs Could Be Next, Suggests Valkyrie’s Investment Chief
With the likelihood of approvals for spot Bitcoin Exchange Traded Fund (ETF) products by the US Securities and Exchange Commission (SEC), Valkyrie’s Chief Investment Officer Steven McClurg has hinted that a spot Ethereum ETF and XRP ETF may also be around the corner. Spot Ethereum ETF: Is The Time Right? While Steven McClurg said he […]
Breaking: Hong Kong To Approve Spot Bitcoin, Ethereum ETF On Monday – Bloomberg
In a significant development for the cryptocurrency world, Hong Kong is poised to potentially green-light exchange-traded funds (ETFs) for Bitcoin and Ethereum as early as the coming Monday. This revelation, reported by Bloomberg, has set off a wave of optimism within the crypto community, especially following the remarkable success of Spot Bitcoin ETFs in the […]
Elon Musk X’s Security In Question After US SEC X Account Hack
The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday has renewed concerns about the security of Elon Musk’s social media platform. However, the X safety team has confirmed that the account was compromised due to the SEC failing to enable two-factor authentication rather than any breach of X’s systems. […]
Crypto Leaders Helped John Deaton Outraise Sen Warren In Senate Bid
The race on who gets to represent Massachusetts at Capitol Hill is kicking off to a competitive start as top crypto leaders have placed their bet on pro-XRP lawyer John Deaton. This support is showcased by how Deaton has outraised cryptocurrency adversary and incumbent Senator Elizabeth Warren by $0.26 million. John Deaton Bags Crypto Leaders’ […]
Bonk Price Prediction As Chart Pattern Hints End of Correction, Is $0.000025 Within Reach?
Bonk Price Prediction: The Solana-based memecoin Bonk has recently witnessed a significant inflow which led to a bullish from $0.00000934 low. In the last three days, the coin value surged 53.6% to currency traded at the $0.0000142 mark. This rebound appears to be influenced by the announcement of BONK being listed on the OKX cryptocurrency […]