The U.S. Securities and Exchange Commission (SEC) has officially greenlighted Ether spot ETFs to trade on national securities exchanges. Multiple 19b-4 applications to list the product were approved on Thursday, just days after the SEC began rapidly engaging with issuers on the matter in an unexpected positive turn for the crypto industry. Ether ETFs Are On The Way The approval follows the arrival of Bitcoin spot ETFs in January, which launched one day after the SEC’s...
Read More »Bonk Inu (BONK) Flips Floki Inu (FLOKI) Following a 15% Daily Surge: Details
TL;DR Solana-based meme coin Bonk Inu saw a 15% daily and 45% monthly price increase. Its market capitalization is nearing $2.5 billion, surpassing Floki Inu. Pepe (PEPE) is another meme coin making the headlines, hitting a new all-time high after a 110% monthly ascent. Its market cap exceeded $6 billion, making it the third-largest in its cohort. BONK Surpasses its Rival The cryptocurrency market has been booming lately amid expectations that the US Securities and Exchange...
Read More »Solana ETFs to See More Demand Than Other Altcoin Funds: Bloomberg Analyst
Bloomberg exchange-traded fund (ETF) analyst James Seyffart believes a Solana ETF would see more demand than similar funds for other altcoins, except ether (ETH). Seyffart’s statement was in response to a video in which CNBC Fast Money trader and crypto investor Brian Kelly said Solana ETFs were next in line following the approval of Ethereum ETFs by the United States Securities and Exchange Commission (SEC). Solana ETF to See Heavy Demand The chances of the SEC approving a...
Read More »New AI Meme Coin Raises $2.5M: WienerAI Presale Review
Move over Dogecoin – there’s a new meme coin vying to become the top dog-themed crypto. That coin is WienerAI (WAI), an AI-powered project on Ethereum that has raised $2.5 million in its presale phase which launched last month. Earn Passive Income By Staking WAI During Presale WienerAI’s presale is set up in a classic multi-stage format, with each stage lasting for 48 hours. The earliest buyers received the biggest discounts on WAI’s price, which started as low as $0.000701...
Read More »Sell-off Slows On Ethereum As Bulls Takeover; Early Algotech Investors Target Life-Changing Profits At Launch
Ethereum max price dip loses steam as bulls outwit bears First-wave investors anticipate mouthwatering profits on Algotech launch Ethereum (ETH) prices rebounded from a 3-month downtrend as bears lost steam. Meanwhile, Algotech’s (ALGT) early investors anticipate high returns following its successful presale. >>> BUY ALGT TOKENS HERE <<< Ethereum Price Dip Loses Steam As Bulls Outwit Bears In the ever-evolving landscape of cryptocurrencies,...
Read More »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...
Read More »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,...
Read More »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...
Read More »a16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US
[unable to retrieve full-text content]Coinspeakera16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US The United States Congress will vote on a bill that defines crypto decentralization as no single entity with a control of more than 20% of the voting power. a16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US
Read More »Crypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs
[unable to retrieve full-text content]CoinspeakerCrypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs Ethereum spearheaded the altcoin rally, driven by renewed optimism about the approval of spot ETH ETFs by the US SEC. Crypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs
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Ethereum (ETH)
