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Nalezeno "Cryptocurrency": 20996

Standard Chartered Now Expects SEC to Approve Spot Ethereum ETFs This Week

21.5.2024
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows...

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

21.5.2024
On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...

Will Solana’s unmatched speed set stage for a potential price boom?

21.5.2024
Solana has gained recognition as the world’s fastest blockchain due to its tremendous transaction velocities, and the price of SOL has surged its marketplace valuation to $81 billion. Last month, Solana reached a new high of over two hundred dollars in value, pushing it past Binance Coin...

Kraken to maintain USDT listing amid new EU regulations

21.5.2024
A top official at Kraken said they will pursue all possible avenues to offer USDT under the next regime. Crypto exchanges are actively looking for measures to implement regarding stablecoins as the new legislation will emerge soon. USDT, the symbol for Tether, is the largest stablecoin in...

US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains

21.5.2024
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot...

AI and DePIN tokens brace for impact as NVIDIA earnings loom

21.5.2024
NVIDIA is a computer chip firm that is positioned as a major player in several areas of the cryptocurrency business, including artificial intelligence and decentralized physical infrastructure network (DePIN). Analysts anticipate that NVIDIA’s upcoming earnings report will shed light on...

Top Defi Tokens See Double-Digit Gains as Ethereum Soars

21.5.2024
Amid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in...

Positive impact on ADA as Cardano developments soar

21.5.2024
Cardano’s ADA is up by 7.19% in the last 24 hours, listed at $0.5019 at the time of writing this article. Future predictions are bullish, given that the ecosystem has made some significant advancements. This pertains to the launch of Lace v.1.11 and the release of the 2418.1 update. Lace v.1.11...

Shiba Inu likely to rally 25% after it flashes buy signals

21.5.2024
Shiba Inu (SHIB) has recently breached key milestones, briefly signaling to buy sentiments and the potential to mark a 25% uptick. Volatility and overall uncertainty in the crypto market accompany the rally. Nevertheless, the sentiment of buying SHIB is evidently prevalent. The current listing...

Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals

21.5.2024
According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22% increase over the past day, coasting along at $3,785 per unit...

Ether ETF approval buzz triggers upswing for BTC, ETH, and DOGE

21.5.2024
There is a fresh buzz around the approval of the Ether ETF. This has triggered massive gains for three specific tokens: Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The ongoing month is bullish, with the potential for every token to bank a new ATH in the next couple of days. In fact, Bitcoin...

Why account abstraction wallets could soon compete with MetaMask?

21.5.2024
Non-custodial wallets have surged in popularity, with MetaMask now serving over 30 million users on a monthly basis. This growth in usage, however, is nowhere near the levels of custodial wallets offered by centralized exchanges such as Binance and Coinbase. The reason? Like any nascent technology...

BEFE coin: A newcomer making headlines in the top 100 meme coin category

21.5.2024
In the present day, as can be seen from this meme coin craziness that has even extended to the traditional stock market, it is important to identify those tokens with the most potential for success in this bull run season. One of these coins is BEFE, whose price forecast proposes that a $100...

Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow

21.5.2024
Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities regulator has requested revised Form 19b-4s from issuers to be submitted...

Bipartisan crypto market structure bill awaits House vote on May 22

21.5.2024
The US House of Representatives will make significant progress this week on a landmark bill that aims to alter the laws concerning cryptocurrencies. Credible reports indicate that Congress will introduce the Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, on May...

Fidelity Omits Staking From Spot Ethereum ETF Proposal 

21.5.2024
Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed...

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