Amid the approval of the spot Ethereum ETF by the U.S. SEC on Thursday, May 23, Ethereum-beta Ondo Finance cryptocurrency surged to its new all-time high levels. In the last 24 hours, the ONDO price has surged more than 8% rallying all the way to $1.15 and hitting a market cap of over $1.5 billion. […]
How to Stake DYDX Tokens
The post How to Stake DYDX Tokens appeared on BitcoinEthereumNews.com. Decentralized finance (DeFi) platforms continuously transform, bringing innovative financial solutions and enhancing security through distributed systems. An essential component of the dYdX Chain’s functionality is its staking mechanism: as with other Proof-of-Stake consensus mechanisms, it secures and stabilizes the chain whilst enabling the community to […]
Ripple CEO Brad Garlinghouse Teases XRP Future with “XRP Will Power the World” Art
Ripple CEO Brad Garlinghouse excites the XRP community with an artwork containing a downcast chimpanzee bearing his all-time favourite slogan. Garlinghouse also discloses that the Ether ETF approval and the passage of pro-crypto legislation in the US are the principal drivers of the market this week. Amidst the ongoing legal battle and the market momentum, […]
Gensler Says ‘Stay Tuned’ on U.S. SEC’s Decision on ETH ETF
The post Gensler Says ‘Stay Tuned’ on U.S. SEC’s Decision on ETH ETF appeared on BitcoinEthereumNews.com. 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 […]
Switzerland Employment Level (QoQ) dipped from previous 5.488M to 5.484M in 1Q
The post Switzerland Employment Level (QoQ) dipped from previous 5.488M to 5.484M in 1Q appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell […]
Ethereum ETF Just Weeks Away
Reading Time: 2 minutes The SEC has approved a key filing for an Ethereum ETF, marking a significant step towards approval The commission has approved 19b-4 forms by exchanges wishing to list an Ethereum ETF Only the final S-1 filing needs approval, which could take up to 90 days In a stunning turn of events, […]
Grayscale Increases Institutional Crypto Investment Options With NEAR And STX Trusts
Crypto asset manager and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has expanded its offerings by launching two new investment trusts. These trusts, named Grayscale Near (NEAR) Trust and Grayscale Stacks (STX) Trust, aim to provide institutional investors with diversified exposure to cryptocurrencies as the company continues to meet the growing demand for crypto asset […]
AI firm Rabbit rejects Coffeezilla’s NFT scam accusation
A Rabbit spokesperson claimed that the Gama team was forthright with the open-sourcing of the project and that the allegation was false.
When Spot Ethereum ETFs Go Live ‘Expect A Bloodbath’, Says Expert
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. “The Grayscale Ethereum Trust launched in 2017 and accumulated […]
Crypto ETF Platform ETFSwap (ETFS) Explodes Amid $2 Billion
The post Crypto ETF Platform ETFSwap (ETFS) Explodes Amid $2 Billion appeared on BitcoinEthereumNews.com. SPONSORED POST* The cryptocurrency landscape has witnessed a remarkable surge as the ETFSwap (ETFS) platform explodes amid a substantial $2 billion Spot Bitcoin infusion from the prominent hedge fund, Millennium Management. This move by one of the world’s largest investment firms, […]