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Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi
24.5.2024
The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether {{ETH}} exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi
US Spot Bitcoin ETFs Mark Ninth Day of Inflows, Led by Blackrock’s $89M Gain
24.5.2024
U.S. spot bitcoin exchange-traded funds noted their ninth consecutive day of positive inflows, amassing $107.9 million on Thursday. Blackrock’s IBIT led the way, securing $89 million, while Grayscale’s bitcoin trust (GBTC) experienced $14 million in outflows. Gap Between IBIT and GBTC...
Is It Too Late to Buy Ondo? ONDO Price Turns Green as Attention Shifts to New AI Meme Coin – $2.5 Million Raised
24.5.2024
As the Ondo Finance (ONDO) price surges to new record highs above $1.10 per token, investors are fretting and asking whether it is too late to buy Ondo.
The post Is It Too Late to Buy Ondo? ONDO Price Turns Green as Attention Shifts to New AI Meme Coin – $2.5 Million Raised appeared first...
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
Ether ETFs will ‘destroy ethos of crypto,’ says DeFi exec
24.5.2024
The Ether ETF approval in the U.S. has sparked both investor excitement and decentralization debate
Legendary crypto trader predicts massive altcoin season, TRON (TRX), Ripple (XRP), and RCO Finance to win big
24.5.2024
The legendary crypto trader boldly predicted the upcoming altcoin season with Ripple (XRP), TRON (TRX), And RCO Finance set for massive profits. Yoddha, a technical analyst and Bitcoin trader for the last seven years, is more famously known as @CryptoYoddha on X. He is renowned for accurate...
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
24.5.2024
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking...
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
24.5.2024
The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis...
Crypto Infrastructure Firm Ramp Network Secures Ireland Registration
23.5.2024
It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider
8 AI Chatbots Predict Precious Metals Year-End Prices: Gold at $2,800, Silver at $42
22.5.2024
In recent months, our newsdesk has been testing the use of artificial intelligence (AI) chatbots to forecast bitcoin prices by the end of 2024 at specific intervals throughout the year. This time, we’ve changed our approach by employing the same generative AI chatbots to project the year-end...
US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates
22.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs. Tuesday Sees $305M in Inflows Into U.S....
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
22.5.2024
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends Blackrock’s Ether ETF 19b-4 Filing Following...
How Blockchain is Reshaping Supply Chains Beyond Finance
22.5.2024
The benefits of transparency, security, and efficiency could be useful in dozens of industries when sourcing and managing supply chains, says Julie Lamb, Head of Events at Crypto Mondays
Ether Volatility Expected as Traders Flood Exchanges With $231M of ETH Amid ETF Hopes
22.5.2024
Ether {{ETH}} is expected to experience a period of volatility this week after exchange inflows spiked to its highest level since March, according to a report by data provider CryptoQuant
Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021
22.5.2024
On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to net asset value (NAV) reach its lowest point since 2021. Grayscale Ethereum Trust’s...
Bitcoin Is Coming to Ethereum Stalwart MetaMask: Sources
22.5.2024
Crypto whales flock to BlockDAG: Will it hit $10 by 2025 and outshine Retik Finance’s Uniswap debut?
22.5.2024
Pulling focus from the Retik Finance Uniswap debut with its strategic growth and solid financial performance, BlockDAG has quickly become the standout in the crypto community. Celebrated at a significant event at Piccadilly Circus, BlockDAG announced a remarkable $29.2 million from its presale...
BitGo to Offer Custody Services for CoinDesk 20 Constituents
22.5.2024
The broad crypto price gauge has seen about $5 billion in perpetual futures volume since January
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
22.5.2024
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated...