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Nalezeno "AI competition": 362

Uncertain future for XRP: Whales, AMMs, and competition


XRP is in the top 10 global cryptos in terms of market cap and 24-hour volume, with an uptick of 13.86% and 306.94% at the time of writing this article. Ripple’s native token is listed at $0.6889 to test the resistance of $0.6600 successfully. Sustaining the current value for a long time will...

Ethereum navigating the market amid growing competition


Grayscale Research sees a bright future for Ethereum; however, it is filled with challenges and is subject to the way in which it navigates its way around the competition. For instance, Solana and Tron are doing better when it comes to daily transactions. But Ethereum grabs the spotlight in terms...

Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy


Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...

Veteran Investor Jim Rogers Skeptical About Bitcoin as Future Currency


Legendary investor Jim Rogers believes that governments are unlikely to authorize Bitcoin, or other major cryptocurrencies, as official fiat money. “I don’t see cryptocurrencies becoming money because governments do not want that competition,” he said in a recent interview with Kitco News....

EU Regulator Proposes Stricter Rules for Foreign Crypto Firms


The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair competition. ESMA Proposes Stricter Rules for Non-EU...

Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market


Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market...

Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path


In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach. Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More...

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs


Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...

Fee War Intensifies: Bitcoin ETF Issuers Submit Updates Lowering Rates


Source: Adobe / 24K-Production The spot Bitcoin exchange-traded fund (ETF) competition is heating up as major issuers including Fidelity submitted revisions to lower their fees. According to Bloomberg Intelligence ETF analyst James Seyffart, Fidelity lowered their fees to 0.25% from the previous...

Solana (SOL) and Pandoshi (PAMBO) to Outperform Cardano (ADA) in 2024


As we look ahead to 2024, the cryptocurrency market is brimming with potential and competition. Among the myriad of digital currencies vying for dominance, two names are drawing particular attention for their projected performance: Solana (SOL) and Pandoshi (PAMBO). Both are poised to make...

Who Has the Best Bitcoin ETF? BlackRock’s Fee Still A Mystery


Source: DALL·E Trillion-dollar asset managers are eyeing approval for their Bitcoin (BTC) ETF products within days, and all are competing to seize market share at the opening bell. One major area of competition relates to management fees – the annual cost imposed by funds to handle the BTC backing...

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