Eric Balchunas, an analyst at Bloomberg Intelligence who has been covering crypto-related ETFs in the US, stated that ETH ETF issuers received word from the Securities and Exchange Commission (SEC) that they can issue their products on exchanges starting Tuesday, July 23. Issuers will have to submit their final S-1 forms by this Wednesday—the SEC relayed it had no more comments to add or questions to ask. Balchunas said on X, “hearing SEC finally gotten back to issuers today, asking them to...
Read More »Spot Ethereum (ETH) ETFs Set to Launch Within a Week, According to Industry Sources
According to a Reuters report, three industry sources indicate that spot Ether exchange-traded funds (ETFs) are expected to begin trading on July 23. The sources also mention that the U.S. Securities and Exchange Commission (SEC) has granted preliminary approval for at least three of eight asset managers to release the spot Ether ETFs. Will Spot Ether ETFs Begin Trading Next Week? Nate Geraci, President of the ETF Store, highlighted this development in a post on X. He noted...
Read More »Aethir’s Decentralized GPU Service Brings $36M Revenue in First Year
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Read More »This Is The Latest Ethereum Layer 2 Protocol to Surpass the $1 Billion TVL Mark
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04 billion. Scroll Hits $1 Billion TVL Scroll has become the 8th Ethereum Layer 2 network to surpass a TVL of $1 billion. Of this total value, ETH accounts for 87.29%, stablecoins 11.11%, and other assets 1.60%. The network has recently...
Read More »This Cat-Themed Meme Coin Enters Crypto’s Top 100 List After Hitting a New ATH: Details
TL;DR The cryptocurrency market added $200 billion recently, with BTC and ETH seeing significant rises. Cat-themed tokens witnessed even more substantial gains, with one such asset rising to an all-time high. Following an assassination attempt on Donald Trump, Trump-themed meme coins experienced notable price increases, benefiting some early investors. The Newest Member of the Club The cryptocurrency market has flashed green as of late, adding approximately $200 billion in...
Read More »YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record
Amidst continued price weakness throughout last week, digital asset investment products saw significant buying activity, with inflows reaching $1.44 billion during that period. This brought the year-to-date (YTD) inflows to a whopping $17.8 billion, which shattered the previous record set three years ago. However, despite this strong inflow, CoinShares reported that trading volumes remained relatively low at $8.9 billion for the week, compared to the annual 7-day average of...
Read More »Ethereum Price Analysis: ETH Eyes $3.5K as ETF Launch Anticipation Grows
Ethereum has recently seen an uptick in demand near a crucial support level, leading to a notable rebound above the 200-day moving average at $3,134 and reaching the 100-day MA. This price action highlights the potential for a bullish reversal if the price recovers above the 100-day MA of $3,342. By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that after a prolonged bearish trend, the cryptocurrency briefly broke below the 200-day moving...
Read More »Scammer Gives Back $9.3M to Victim 10 Months after $24M Theft
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Read More »CoinShares: Record Weekly Inflows for Crypto Investment Products
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Read More »Avalanche: Die Blockchain-Revolution für Geschwindigkeit, Skalierbarkeit und Innovation
Avalanche ist eine dezentrale Open-Source-Proof-of-Stake-Blockchain mit Smart-Contract-Funktionalität. AVAX ist die native Kryptowährung der Plattform. Avalanche ist eine innovative Blockchain-Plattform, die sich durch ihre hohe Skalierbarkeit, Geschwindigkeit und Flexibilität auszeichnet. Im Gegensatz zu herkömmlichen Blockchains wie Bitcoin oder Ethereum, die oft mit Engpässen und hohen Transaktionsgebühren zu kämpfen haben, ermöglicht Avalanche eine nahezu sofortige...
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