Monochrome Asset Management is preparing to launch Australia’s first spot Ethereum exchange-traded fund (ETF) on the Cboe exchange following the asset’s approval in the U.S. market. The Monochrome Ethereum ETF (IETH), which will begin trading on Monday, October 14, offers Australian investors a new way to access the cryptocurrency. Details Of The New Offering “Monochrome hosted a private event in Sydney this week with our service providers, team, and partners to mark the...
Read More »Is This The Reason Behind Bitcoin’s Price Rally Today?
With just over 20 days until the US presidential election, the race is heading into its decisive phase, and the stakes are high for the crypto industry. Over the past few days, prediction markets have flipped, placing higher odds on Republican and pro-crypto advocate Donald Trump securing a win compared to his Democratic competitor, Vice President Kamala Harris. This political shift to Republicans has contributed to significant inflows of digital assets over the past week....
Read More »Vitalik Buterin is Dumping Millions Worth of Meme Coins: Details
Ethereum co-founder Vitalik Buterin sold 651.6 ETH worth of meme coins, which is approximately $1.62 million, in line with his commitment to charitable donations. The tokens sold include significant amounts such as 10 billion MOODENG for 395.95 ETH ($982K), 200K MSTR for 93.23 ETH ($231K), and 500 million EBULL for 73.79 ETH ($183K), as per Spot On Chain. Other sales included meme coins such as POPCAT, FWOG, Milo, TCATI, and VITALIK tokens. Buterin’s Charity Donations Over...
Read More »Ethereum Price Analysis: Is ETH About to Break Above $2.6K at Last?
Ethereum is in a crucial phase, with an inverted head and shoulders pattern forming on the daily chart and a double-bottom pattern on the 4-hour chart, both pointing toward the possibility of a slight bullish reversal. The $2.7K neckline and $2.1K support level will be key areas to watch, as a breakout or breakdown will determine the next primary direction. By Shayan The Daily Chart Ethereum is undergoing a descending consolidation phase, with no clear directional bias...
Read More »How High Can Ripple’s Price Go if the SEC Approves an XRP ETF? (ChatGPT Speculates)
TL;DR An ETF approval could fuel a triple-digit XRP rally in the mid-term (according to ChatGPT). Despite the positive outlook, there is a risk of a “Buy the Rumor, Sell the News” effect, where prices fall after the possible green light. The Potential Price Targets Ever since the launch of exchange-traded funds (ETFs) in the US tracking the performance of Bitcoin (in January 2024) and Ethereum (July 2024), industry participants have been wondering what’s coming next. There...
Read More »Trump’s World Liberty Financial Submits Proposal to Ethereum DeFi Protocol Aave
Donald Trump’s crypto project, World Liberty Financial (WLF), has submitted a proposal to the Aave governance forum. The former president and his business partners plan to use the platform for their cryptocurrency offering. The submission aims to establish WLF’s services as an instance on Aave, with the protocol providing the necessary underlying infrastructure. In return, AaveDAO will receive 20% of all protocol fees generated by WLF and 7% of the supply of WLFI, the...
Read More »Meme Coin Investor Says Pepe Unchained Could Follow Mog Coin, Neiro As Next $250M Market Cap Meme
Could Pepe Unchained I(PEPU) be the next meme coin to take the crypto world by storm? One top investor thinks so, saying that Pepe Unchained – currently in presale – has the potential to follow in the footsteps of recent meme coin sensations like Mog Coin (MOG) and First Neiro on Ethereum (NEIRO). Pepe Unchained – The Layer-2 Built Just for Meme Coins Pepe Unchained is standing out as a meme coin to watch right now. By creating its own Layer-2 blockchain, the Pepe Chain, it...
Read More »Krypto-Glücksspielressourcen für Schweizer Spieler
Kryptowährungen revolutionieren das Online-Glücksspiel. In der Schweiz boomt diese digitale Spielform. Blockchain trifft auf Glücksspiel – eine faszinierende Liaison. Wir haben die Entwicklung von Anfang an verfolgt. Unsere Expertise reicht von den ersten zaghaften Schritten bis zum heutigen dynamischen Markt. Das Potenzial? Gewaltig. Die Schweiz bietet einen einzigartigen Nährboden. Bankentradition verschmilzt mit Innovationsgeist. Schweizer Spieler, qualitätsbewusst und...
Read More »Ripple (XRP) Ledger Pushes Code Review to Enable RLUSD Integration With AMMs
TL;DR The XRP Ledger has undergone a code review to enable RLUSD integration with Automated Market Makers (AMMs), with further updates pending. Ripple recently warned users to be cautious of scams, as the stablecoin is not yet publicly launched. The Latest RLUSD Development In April this year, Ripple disclosed it will introduce a stablecoin pegged 1:1 to the American dollar. The news sparked huge excitement across the XRP community, with many members wondering about the...
Read More »Taiwan’s Financial Watchdog Prepares to Test Crypto Custody Services with Local Banks
Taiwan’s Financial Supervisory Commission is preparing to roll out a pilot program for institutional crypto custody. The regulatory agency intends to collect applications in early 2025, and three private banks have already expressed interest in participating. The latest move signifies efforts to promote institutional adoption of crypto in the region. Institutional Crypto Custody in Taiwan According to a report by local media, institutions participating in the pilot must...
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