Day: March 11, 2024

Toncoin (TON) and Filecoin (FIL) holders eye DeeStream (DST) as Bitcoin (BTC) halving approaches

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. The cryptocurrency market is teeming with activity as Toncoin (TON) investors eye an exit from their market, Filecoin (FIL) lures billionaire bets and Bitcoin (BTC) meanders through regular volatility. Amidst all this chaos, DeeStream (DST) comes as a revolutionizing force changing the game of content streaming by integrating it with the blockchain. This article delves into the…

Unibot Tanks 33% After Ending Collaboration With Solana Group

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

3 Reasons Ethereum Price Could outperform Bitcoin in 2024

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Ethereum price broke above $3,9500 barrier again on Feb. 22, while Bitcoin price rally struggles for momentum: 3 vital market metrics suggest ETH could further extend its lead over BTC in the weeks ahead.  Ethereum (ETH) and Bitcoin (BTC) are historically closely correlated, but in 2024, ETH seems to have gained the upper hand. A deep dive into the on-chain data trends and expert analysis provides key insights into which asset would come out on top as the year unfolds.  Is Ethereum better than Bitcoin in 2024?  So far in…

Indian retail and institutional investors to gain access to popular US Bitcoin ETFs

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Mudrex, a California-based crypto investment platform with Y-Combinator backing, has announced plans to make U.S. spot bitcoin exchange-traded funds (ETFs) available to both institutional and retail investors in India. CEO and co-founder Edul Patel highlighted the significance of this move, in an exclusive statement, particularly for institutional clients, stating, “this is much more valuable to institutions, as this was already available to retailers.”  The platform will introduce four spot ETFs in its initial phase, featuring offerings from BlackRock, Fidelity, Franklin Templeton, and Vanguard. Operating with a subsidiary registered with the…

Ethereum ETFs – What’s Casting Doubt On Their Fate?

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The fervor surrounding the eagerly awaited Ethereum spot Exchange-Traded Fund (ETF) has hit a roadblock as regulatory silence between the US Securities and Exchange Commission (SEC) and asset managers raises doubts about the imminent approval. Regulatory Riddles Surrounding Ethereum’s Fate Despite the crypto market’s optimistic outlook for Ethereum’s spot ETF, the SEC’s noticeable lack of commentary has set off alarm bells. Eric Balchunas, Bloomberg’s senior ETF analyst, has flagged this radio silence as a “negative sign,” pointing out that the SEC had previously commented on Bitcoin spot ETFs. The absence…

LBank Labs and BlockNews Host Web3 Summit Dubai 2024 with DIFC and DMCC as Official Partners

The highly anticipated “Web3 Summit Dubai 2024” is scheduled to take place on April 16th-17th, 2024, at the prestigious Atlantis, The Palm hotel in Dubai. This summit marks a significant milestone in the realms of cryptocurrency and financial technology, promising a profound exploration of the future of technology and collaborative industry efforts. Situated on the […] Source CryptoX Portal

London Stock Exchange to open applications for Bitcoin, Ethereum ETN admission

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The main stock exchange in the United Kingdom is set to start accepting applications for crypto-tied exchange-traded notes. The London Stock Exchange (LSE) revealed in a press release on on Mar. 11 that it will start accepting applications for the admission of Bitcoin (BTC) and Ethereum (ETH) crypto exchange-traded notes (ETNs) in Q2, 2024. Although the exact launch date remains unclear as the LSE plans to disclose it “in due course,” the exchange noted that it plans to accept applications in accordance with the details contained in the crypto ETN…

Bitcoin (BTC) tops $71000 as UK FCA opens door to crypto ETNs

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Chesnot | Getty Images News | Getty Images Bitcoin prices rallied on Monday to hit a fresh record high above $71,000, after the British financial watchdog said it would allow institutions to file applications for cryptocurrency-linked exchange-traded products for the first time. The Financial Conduct Authority said in a notice Monday that it would not object to requests from recognized investment exchanges to create a U.K.-listed market segment for crypto-backed exchange traded notes, or ETNs. Exchanges would need to ensure they have sufficient controls in place, so that trading is…