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Analysts Boost Odds for Ethereum ETF Approval to 75% Amid SEC Chatter


On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum ETF. “Update: [James Seyffart] and I...

Crypto Startup Funding Hits $2.4 Billion in Q1


Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...

XLink Partners with Kaamel Technology to Investigate $10M Security Breach


XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds. The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...

Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects


Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would...

Craig Wright Lied To Court: UK Judge Reveals


An Australian computer scientist named Craig Wright, who has frequently claimed to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was found not guilty by a UK High Court judge on May 20. The post Craig Wright Lied To Court: UK Judge Reveals appeared first on Cryptonews

Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy


Prominent blockchain startup Ripple came under scrutiny for selling more XRP tokens than ever before. But David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently explained why the business was liquidating its XRP holdings on May 19. The post Ripple’s CTO David Schwartz Sheds Light...

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