Eight potential issuers, including BlackRock, have submitted filings with the SEC to bring a spot ether exchange-traded fund (ETF) to the market. The final decision by the regulator is due in May, with industry experts predicting that applications won’t get approved, regardless of what the SEC finds the nature of ether to be. Source
The crypto community’s attention has been drawn to a Bitcoin whale who recently moved a huge portion of their BTC holdings across different wallets. This action has sparked the curiosity of those in the community about the reason for these transactions. Bitcoin Whale Moves $6 Billion In BTC Blockchain analysis platform Arkham Intelligence first brought this occurrence to the community’s attention when it mentioned in an X (formerly Twitter) post that the Bitcoin address (37XuVSE) had moved over $6 billion in BTC to three new addresses. As part of the…
Bitcoin gives those entrepreneurs the opportunity to show what they can do when markets are free and money is allowed to flow. All they need to grow is a level playing field. They just need a shot, a path towards success, a window of opportunity. Our next step is to make it easier for other entrepreneurs to take their business to the next level. Despite the withdrawal of Binance Nigeria, tons of opportunities remain. The battles we have to fight might be tough, but the opportunities on the fastest growing…
It’s not something we have historically written a lot about – bridging yields. But a new report from the crypto investment firm Exponentia.fi included a chart on these yields, and it caught our eye because they’ve been rising fast recently, pushing above 15%. Co-founder Mehdi Lebbar attributes the rising yields to higher demand from users, in part a reflection of the trend toward greater interoperability between blockchains, along with the proliferation of layer-2 and layer-3 networks. “As the DeFi ecosystem extends across networks, third-party bridging protocols like Across and Synapse…
“These crypto related stocks are extremely crowded and very squeezable relative to the U.S. market, with an average Crowded score of 57.34 versus the street average of 32.41 and an average Squeeze score of 78.69 versus the street average of 34.41,” the report said, adding that “MSTR, COIN and CLSK are the most squeezable names in the sector.” Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Fezoo’s emergence in the presale market draws attention, signaling a potential shake-up in established crypto circles. Speculation swirls around its capacity to challenge incumbents like Binance. Binance is known as the biggest crypto exchange platform in the market. Over the years, we have seen innovations try to disrupt the market and beat Binance at its game, but they have yet to come close. However, a new protocol for its…
On-chain data shows the Bitcoin “Liquid Inventory Ratio” has dropped to an all-time low. Here’s what this could mean for the asset. Bitcoin Sell Side Liquidity Is Low Relative To Demand Right Now In a post on X, CryptoQuant founder and CEO Ki Young Ju discussed the recent trend in the Liquid Inventory Ratio for Bitcoin. The Liquid Inventory Ratio is an on-chain indicator that tells us about how the total sell-side liquidity inventory of the asset compares against its demand. The sell-side liquidity inventory of the asset is gauged…
On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418 million in inflows, building on the $15.4 million gained the previous day. Bitcoin ETFs’ Fortunes Flip The week prior […] Original
PRESS RELEASE. Vancouver, March 27th, 2024 – In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging projects […] Source CryptoX Portal
Pertsev has been accused of laundering $1.2 billion worth of crypto through the anonymizing tool Tornado Cash, the Dutch prosecutors detailed in an indictment that was shared ahead of the trial. The indictment said that between July 9, 2019 and Aug. 10, 2022 Pertsev made “a habit of committing money laundering.” Source