Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Lido Leads Defi […] Source CryptoX Portal
Earlier this year, Swan said it will go public within the next 12 months and the mining unit had 160 megawatts (MW), or 4.5 exahash per second (EH/s), worth of computing power up and running. The firm also said that the mining business has been funded by institutional investors, with more than $100 million and hopes to raise more capital to expand its operations. Original
The crypto market is again all shades of green, with Bitcoin and altcoins enjoying significant rallies. Crypto analyst Capo of Crypto has provided further optimism, suggesting that these tokens will still make more massive moves to the upside. “The Best Is Yet To Come” For Bitcoin Capo of Crypto opined in an X (formerly Twitter) post that the “best is yet to come” for Bitcoin and altcoins. He noted that Bitcoin is pumping, having reclaimed the $60,000 range as support. The crypto analyst added that altcoins also seem to have…
Polymarket bettors do not seem confident that Trump will announce a U.S. Bitcoin strategic reserve. With Bitcoin 2024 starting this week, all eyes are on Former President Donald Trump to see what comments he makes about Bitcoin (BTC) and the crypto industry in general. Among the speculation, Polymarket bettors are betting on whether Trump will announce plans for a U.S. Bitcoin strategic reserve at the conference. The specific bet will turn affirmative if Donald Trump announces the “creation of a U.S. strategic reserve of Bitcoin upon becoming president” by the…
Crypto’s latest craze is counting down fast. WienerAI (WAI), a new meme coin with AI technology, has only eight days left in its presale phase. And with a DEX debut on the horizon, investors are rushing to secure their WAI tokens at a discount while they can. WienerAI Presale Countdown Begins as Uniswap Debut Looms […] Source CryptoX Portal
It was kind of fair, though. You got access to a platform that costs money to run; in return, you provide some data about yourself. They use this data to sell you relevant ads, ad companies reach the right audience, and everyone wins. As time passed, data collection became more advanced and intrusive, profits increased, while your side of the deal stayed the same. This model was so profitable that it ended up being implemented everywhere — from social media and online newspapers, to TVs that run ads in their…
Traders could be forgiven for wanting to cash in after bitcoin’s {{BTC}} quick rise of more than 20% to the current $67,000 from its early July lows, but another possibly major positive catalyst might be just days away, said 10x Research founder Markus Thielen. Original
The US spot Ethereum ETFs are set to launch on Tuesday, July 23rd, with projections indicating potential monthly inflows of $1.2 billion. This forecast comes from ASXN, a research firm specializing in crypto finance analytics. US Spot Ethereum ETFs Could Surprise To The Upside At the core of ASXN’s analysis is the comparison between the newly introduced Ethereum ETFs and the previously launched Bitcoin ETFs. One of the critical differentiators highlighted in the report is the fee structure. The Ethereum ETFs, while mirroring the fee approach of Bitcoin ETFs, introduce…
Ethena’s token generates yield from perpetual futures’ funding rates and passes on the income to those who lock-up or stake, the token. Meanwhile, Superstate sells futures with certain maturity dates providing a more predictable return, and distributes the yield to all token holders, Leshner said. USCC also targets qualified, whitelisted investors to comply with U.S. securities laws and operates as a series of a Delaware Trust, a bankruptcy-remote entity from Superstate, he added. Source