The recent approval of spot Ethereum ETFs has generated a buzz in the crypto market, with traders closely monitoring the potential impacts on Ether’s price and market dynamics. While expectations of rapid asset accumulation have been high, there are also concerns about the possible outcomes following the launch of these ETFs. Following the approval of
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MetalCore Arena is a groundbreaking free-to-play blockchain game that offers players the opportunity to engage in dynamic battles with modifiable teams of mechanized units and infantry squads. The integration of blockchain technology not only elevates the strategic depth of the game but also ushers in a new era of digital ownership and player-driven economies. This
On July 23, Hong Kong is set to make history by launching Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily Inverse Product (7376.HK). This innovative exchange-traded fund (ETF) by China Southern Asset Management Co., Ltd (CSOP) aims to give investors a unique opportunity to benefit from declines in the price of Bitcoin.
The recent report from CoinShares has shed light on Ethereum’s significant uptick in inflows, surpassing those of Solana for the year 2024. This surge in inflows coincides with the impending launch of exchange-traded funds (ETFs) that will enable regulated investment in Ethereum in the US. The report highlights Ethereum’s strong momentum over the past month,
The Crew Wars battleground in Gangster Arena is a game-changer, offering players the chance to collaborate and work together strategically in order to dominate the game. This new feature focuses on team play, allowing players to join or create crews to combine their resources and efforts. The ultimate goal is to climb the ranks, earn
Crypto analyst RLinda has recently pointed out some fundamental reasons why Bitcoin could potentially reach a new all-time high of $90,000. She mentioned that the market is eagerly anticipating the launch of Spot Ethereum ETFs, which she believes will have a positive impact on the overall cryptocurrency market. Additionally, RLinda highlighted the support for cryptocurrencies
The investment in digital asset products has been steadily on the rise, with inflows reaching an impressive $1.35 billion last week. This brings the total inflows over the past three weeks to a staggering $3.2 billion. Furthermore, trading volumes for Exchange Traded Products (ETPs) also saw a significant increase, jumping up by 45% week-over-week to
As the digital landscape continues to evolve, the Digital Chamber has urged Vice President Kamala Harris to adopt a forward-looking approach to digital assets and blockchain technology. These technologies hold immense potential for innovation, economic growth, and financial inclusion, making them essential components for the future of the economy. Despite the cautious approach of the
With the recent speculation surrounding former President Donald Trump’s support for Bitcoin, DAIM CEO and founder Brian Korshain has voiced strong optimism about the potential impact it could have on the cryptocurrency. Korshain believes that Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government is not only possible but could
Recently, Ripple’s XRP has experienced a significant surge of 40% in just two weeks, reaching a trading price above $0.60. This sudden rise has caught the attention of many analysts and investors who are now predicting even further gains for the cryptocurrency, with some even suggesting it could reach as high as $8 or more
