Day: July 17, 2024

In Likely Precursor to Ethereum (ETH) ETF Approval, Most Applicants Have Submitted Their Final Forms

In the filings, the prospective issuers revealed the final details of the fund structures, including management fees, which turned out to be relevant for investors when choosing which spot bitcoin ETF they would invest in when they debuted early this year. Experts have said that the fee war in this round of launches would be similar to the competitive landscape then, when issuers kept lowering their fees to compete with other funds. Source

Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’

In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans reflect his signature approach to economic policy, emphasizing deregulation and protectionism. Trump Outlines Economic Vision in Bloomberg Interview, Emphasizes Deregulation and Tariffs […] Source CryptoX Portal

XRP Skyrockets 40% As Speculation Of Ripple-SEC Settlement Gains Momentum

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XRP, at the center of a high-stakes legal battle with significant implications for the industry, has taken the lead in the recent surge in crypto prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to a settlement with US regulators. Ripple-SEC Legal Dispute Continues Over the past week, XRP has experienced a substantial rally of over 40%, reaching a current trading price of $0.6161. This marks the highest level XRP has reached since April, while the overall market has seen a more modest increase…

Analyst Projects Major Surge For Solana (SOL)

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A favorable breakthrough for Solana is happening very soon. At least, this is what the crystal ball of Ali Martinez tells him. The crypto specialist has come to the conclusion that Solana (SOL) is expected to see significant gains. Based on his latest examination of his chart’s 12-hour pattern, Martinez discovered a typical “W” pattern, which is a well-known sign of a bullish reversal that indicates that the price of SOL is likely to surge in the near future. Related Reading Two obvious troughs separated by a peak around the…

Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In

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As the 2024 presidential race heats up, a new debate has emerged regarding Silicon Valley’s recent support for former President Donald Trump’s comeback bid for the White House. According to billionaire investor Mark Cuban, this support may have less to do with Trump’s pro-crypto regulatory stance and more with a calculated play to “pump” the Bitcoin price.  Cuban Sparks Debate On Trump, Silicon Valley, And Bitcoin In a series of social media posts on Wednesday, Cuban highlights that Trump’s pro-crypto stance, while favorable, may not directly impact the price of…

UXLINK Announces Listing on Eight Major Exchanges on July 18

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UXLINK, the world’s largest Web 3.0 social platform and infrastructure, is thrilled to announce its upcoming listing on eight prominent cryptocurrency exchanges – OKX, Bybit, Gate.io, Bitget, KuCoin, HTX, HashKey and Bitfinex. Trading will begin on July 18, 2024, at 1:00 a.m. PST. We are excited to share that the UXLINK (the UXLINK Governance Token) will be available for trading on July 18, 2024, at 1:00 a.m. PST on the following platforms. Mark your calendars, and get ready to trade. About UXLINK UXLINK is leading the Web 3.0 revolution by…

Plonky3, the Polygon Zero-Knowledge Proving System, Is Production Ready

Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility […] Source CryptoX Portal

State Street Mulls Creating Stablecoin, Deposit Token as RWA Tokenization Heats Up

The report comes as State Street is increasing its presence in the digital asset space. State Street Global Advisors, the investment management arm of the company, also inked a deal with crypto investment firm Galaxy (GLXY) to develop crypto trading products, CoinDesk reported in late June based on regulatory filings. The Information reported early last month that State Street was rebuilding its digital asset division only six months after cutting the team, with plans for offering crypto custody services. Source