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Ethereum (ETH)

Galaxy Digital Exec: This Is How the SEC Could Classify ETH as Security

Alex Thorn, the Head of Research at Galaxy Research, speculated that the SEC could differentiate between Ethereum (ETH) and staked Ether, possibly classifying the latter as a security. He noted that this distinction could provide a regulatory loophole for approving spot Ethereum ETFs. Spot Ethereum ETF Approval Loophole In a May 21 post on X, he stated, “If the speculation about a 180 from SEC on the Ethereum ETFs is true, I would guess they try to thread a needle between...

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Common AMM launches on Aleph Zero: The First Step Towards Releasing the Ultimate ZK DeFi Suite

[PRESS RELEASE – Zug, Switzerland, May 21st, 2024] Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a user-friendly trading experience, complete with the built-in bridge between Aleph Zero and Ethereum, MOST,...

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BEFE Coin: The Newcomer Making Waves Among Top 100 Meme Coin Giants

BEFE Coin, the newcomer to the meme currency market, has quickly risen to the top 100 rankings. This unexpected arrival has sent the market into a frenzy, capturing the attention of a global audience of crypto fans. Let’s go further into how BEFE operates and attempt to figure out why this digital currency is the new favorite. BEFE, the sensational new meme-focused altcoin king, seems never to catch its community idle by the increase in market value and ecosystem...

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Here’s Why ETH Just Exploded 10% Back To $3400

Ether (ETH) surged 10% on Monday in the span of a few minutes following credible rumors that the asset could receive its own spot ETF in the United States within days. ETH traded for $3150 on Monday at 17:44 UTC, before surging to $3450 within 25 minutes. This followed a tweet from Bloomberg ETF analyst Eric Balchunas at 17:20 UTC that he and his partner, James Seyffart, were upping their odds of ETH ETH approval this month from 25% to 75%. “Hearing chatter this afternoon...

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VR Crypto Project 5th Scape Hits $6M in Presale – Here’s Why Investors are Bullish

Imagine stepping into an immersive virtual reality world, all powered by crypto. That’s the big idea behind 5th Scape (5SCAPE) – a new VR project on Ethereum that is making waves after raising $6 million during its presale phase. 5th Scape – A New VR Ecosystem Built on Ethereum 5th Scape is a cutting-edge platform that’s taking VR experiences to the next level. The platform will offer a library of 3D VR games in genres such as MMA, cricket, soccer, archery, and more. But...

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