The potential for US spot Ethereum ETFs to launch in June has been a topic of speculation in the investment community. Bloomberg ETF analyst Eric Balchunas has mentioned that there is a possibility for these ETFs to launch by the end of June. While an earlier mid-June launch seems unlikely, Balchunas believes that the latest
In a recent proposal put forth by SEC commissioner Hester Peirce on May 29, the idea of creating a shared digital securities sandbox between the US and the UK has emerged. This initiative aims to extend the existing digital securities sandbox (DSS) operated jointly by the Bank of England and the Financial Conduct Authority (FCA)
The cryptocurrency market has been met with a wave of uncertainty as a prominent crypto strategist, known as Xanrox, has predicted a potential downturn in the price of Bitcoin. Despite the recent surge in price that saw Bitcoin climb above $70,000, Xanrox’s analysis suggests that the market may be entering a bearish phase. Xanrox first
The rise of meme coins in the cryptocurrency market has been accompanied by a surge in questionable launches, especially those associated with celebrities. Lookonchain’s data has shed light on the dangers of trading meme coins, with a recent example being American celebrity Caitlyn Jenner’s JENNER token on the Solana blockchain. Despite doubts about the token’s
Blockchain analysis firm Nansen recently made headlines by identifying DBS Bank, Singapore’s prominent banking institution, as a cryptocurrency whale. The wallet in question reportedly contains a substantial amount of Ether (ETH), valued at a staggering $650 million in today’s market. DBS Bank’s Crypto Ventures DBS Bank is no stranger to the world of cryptocurrency. The
In the fast-paced world of digital assets, SEI NFTs have established themselves as a game-changer for artists, gamers, and collectors. Powered by its open-source Layer 1 blockchain, SEI Network is revolutionizing the NFT space with its focus on low transaction fees, robust security, and fast transactions. What sets SEI Network apart is its unique approach
In recent months, there has been a noticeable surge in activity among Ethereum whales, the giants of the cryptocurrency world. According to a report by Santiment, on-chain data indicates that these large investors are ramping up their trading activities, potentially in response to the recent approval of spot Ethereum exchange-traded funds (ETFs) by the US
The gaming ecosystem XPLA, in partnership with Com2uS Group, has recently unveiled its own layer 2 chain called XPLA Verse on the Oasys blockchain. This launch marks a significant milestone in bringing popular games like “Summoners War: Chronicle” and “The Walking Dead: All-Stars” into the world of blockchain gaming. The introduction of XPLA Verse showcases
The recent surge in Solana meme coin prices has caught the attention of many investors in the cryptocurrency market. Dogwifhat (WIF) has seen a remarkable 27% increase since the beginning of the week, reaching a trading value of $3.77. With the price testing $4.0 on Wednesday, it is expected to soon reach its 20224 highs
Gemini’s bankrupt crypto lending arm has managed to achieve an impressive feat by successfully recovering almost all of its customers’ digital assets. This achievement sets a new standard for industry recoveries from insolvency, showcasing a responsible and proactive approach to addressing financial setbacks in the world of cryptocurrency. The announcement made by Gemini Earn regarding
