SEC’s Approval of Bitcoin ETFs Not a Nod to Ethereum, Says Gensler

In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chairman Gary Gensler stated plainly that the recent decision of the regulator to approve spot Bitcoin Exchange Traded Funds (ETFs) does not mean that a similar fate is expected for Ethereum-based products. This clarification comes in the wake of speculation and optimism within the […]

AI News: 5 Potential Updates OpenAI May Announce This Week

The building anticipation in the artificial intelligence (AI) space among enthusiasts will come to a climax as OpenAI unveils its incoming updates. Speculation and predictions have been circulating among users, eager to catch a glimpse and explore what is in store. OpenAI, spearheaded by Sam Altman, is set to release the latest update to ChatGPT, […]

World Bank Classifies XRP As Stablecoin, Says Ex-Ripple Director

Ripple’s XRP is in the news again for the stablecoin frenzy surrounding XRP Ledger (XRPL) for several years now. Sean McBride, a former director at Ripple, engaged in a discussion sparked by a tweet from a prominent Ripple supporter known as Wrath of Kahneman. The tweets revolved around the potential issuance of a stablecoin by […]

What’s Happening With Ethereum Price Today: May 13, 2024?

Ethereum price has gone through a rollercoaster in the last few weeks as the price has witnessed multiple ups and downs. The second biggest cryptocurrency, Ethereum, has declined more than 11% in a month, 9.31% in a week, and almost 2% drop in the last 24 hours. So, what’s happening with the Ethereum price? Will […]

JPMorgan Upgrades Coinbase as Bitcoin Surges

Coinbase (NASDAQ: COIN) received an upgrade from JPMorgan, shifting its status from Underweight to Neutral. This adjustment in rating was accompanied by an announcement from analyst Kenneth Worthington, who has decided to maintain the stock’s price target at $80. The rationale behind this upgrade stems from the significant surge observed in Bitcoin’s price. As Bitcoin […]

Cardano Price Prediction: Death Crossover Among Key EMAs Points to Fall Below $0.4

Cardano Price Prediction: ADA, the native cryptocurrency of the Cardano ecosystem, has found suitable support at $0.426 in the daily time frame. The coin price rebounded several from this support within a month hints the buyers are actively defending this level which can develop a local bottom. However, the broader market is still uncertain, and […]

EigenLayer Secures $100M Investment via Andreessen Horowitz Venture Firm

EigenLayer, a prominent player in the blockchain industry, has recently secured a substantial $100 million investment from the renowned venture firm Andreessen Horowitz. This investment marks a significant milestone for EigenLayer and underscores the continued interest and confidence in blockchain technology despite recent market challenges. Founded by Sreeram Kannan, a former associate professor at the […]

Just-In: Bank of Montreal Reveals Spot Bitcoin ETF Holdings

Bank of Montreal has disclosed its exposure to spot Bitcoin ETFs in a recent Securities and Exchange Commission (SEC) filing. In a recent filing, the bank disclosed its spot ETF holdings with multiple issuers. This comes on the heels of Bitcoin ETF acquisitions by traditional finance firms.  The Bank of Montreal which is Canada’s fourth […]

Valkyrie Expands with Launch of Bitcoin Futures ETF BTFX

Valkyrie has launched a new Bitcoin-leveraged exchange-traded fund (ETF), the Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX). This financial instrument aims to offer investors twice the daily performance of its underlying index, which tracks the performance of the CME Bitcoin Futures market. The ETF’s strategy involves a scheduled rolling of its futures contracts to maintain […]

Crypto Prices Today May 14: Bitcoin Crosses $62K, Ethereum & Altcoins Mirror Sentiment

The top crypto prices today witnessed a rebound as the Bitcoin (BTC) price extended above the $62,000 mark. Moreover, the Ethereum (ETH) gained notably and sustained the $2,900 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also noted a significant uptick. Major Crypto Prices Today 1. Bitcoin Price Source: CoinMarketCap […]