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Market Analyst Michael Oliver: Gold Is Entering a ‘Generational Event’ Bull Market Trend
21.5.2024
Michael Oliver, the proprietor of Momentum Structural Analysis (MSA) – a research firm specializing in detecting momentum-based movements – believes the recent gold bull market rally might differ from the other gold rallies. Oliver stated that due to several factors, not investing...
CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action
21.5.2024
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions
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...
The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
21.5.2024
A wave of positive regulatory developments for crypto could be coincidence. Or they could be the Biden Administration reacting to Donald Trump’s recent embrace of the industry
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...
Democratic House Leadership Will Not Whip FIT21 Despite Strong Opposition: Politico
21.5.2024
Democratic House leadership will not whip party members against voting for FIT21, an email from the Democratic Whip's office obtained by Politico reveals. The House is expected to vote on the landmark crypto regulatory framework sometime on Wednesday.
The post Democratic House Leadership Will...
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...
Crypto insiders anxious and divided as spot Ether ETF decision date looms
21.5.2024
Currently, betting markets indicate a 61% chance of U.S. spot Ether ETF approval, up from less than 11% just a few days ago
If Bitcoin doubles, Stacks will 4x in 2025: Daan Crypto Trades, X Hall of Flame
21.5.2024
Daan Crypto Trades is a big believer in Bitcoin L2 Stacks and says that after Bitcoin doubles, Stacks will likely quadruple. X Hall of Flame
Crypto Whales Accumulate New Solana Meme Coin Before it Lists on Exchanges – 1,000x Potential?
21.5.2024
Cryptocurrency whales are aggressively accumulating an exciting new Solana meme coin called Sealana (SEAL) ahead of anticipated major exchange launches, with some experts predicting this coin could have 1,000x potential.
The post Crypto Whales Accumulate New Solana Meme Coin Before it Lists...
Crypto Derivatives DEX Aevo's Token Jumps 10% as Binance Labs Discloses Investment
21.5.2024
AEVO hit $0.9, its highest price since mid-May. Even so, it's still nearly 70% below where it started trading in March at around $3
Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain
21.5.2024
The upcoming layer-1 takes a hands-on approach to ensuring project security
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...
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...
Why Bitgert coin is the top crypto to buy this month – Projected 600% price increase unveiled
21.5.2024
Following the movement and reaction to trade in the last few weeks, the Bitgert coin has become the top crypto coin to buy. This includes a growing hint of a possible 600% price when it breaks its current accumulation zone. However, let’s take it slow to reveal all the driving factors...
Solana Price Prediction as SOL Becomes 5th Largest Coin in the World – Can SOL Overtake Ethereum?
21.5.2024
SOL has gained by 2.5% in the past 24 hours, with the Solana price reaching $182.87 on a day when the crypto market as a whole has gained by 8.5%.
The post Solana Price Prediction as SOL Becomes 5th Largest Coin in the World – Can SOL Overtake Ethereum? appeared first on Cryptonews
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...
Ether ETFs could drive ETH price to $10K, but approval could take until 2025
21.5.2024
While the ETF approval process could be delayed until 2025, it could be Ether's most significant price catalyst
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...