EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets

The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs meeting, will see the first transfer of funds […] Source CryptoX Portal

Ethereum ETF inflows could surpass $20b

Investors’ eyes are fixed on spot Ethereum ETFs and how products could perform in the opening months after Bitcoin funds were hugely successful. On Tuesday, the first nine U.S. spot Ethereum (ETH) ETFs opened for trading on national exchanges following the Securities and Exchange Commission’s (SEC) final greenlight. Wall Street players and retail investors can now access exposure to crypto’s second-largest decentralized token, ETH, via a regulated institutional wrapper.  According to Bloomberg’s James Seyffart, the funds debuted with nearly $10.3 billion in assets under management (AUM). Most of that money is…

What is a prediction market? How they work and their uses

Prediction markets have made headlines recently after demonstrating an uncanny ability to forecast global events with a level of accuracy unseen by traditional bookmakers or even polling results. With leading prediction market Polymarket predicting that Joe Biden would step out of the U.S. presidential race before it happened, people have become increasingly interested in the ‘wisdom of the crowd’ and the potential applications for these markets. What is a prediction market? A prediction market is a financial marketplace where people speculate on the outcome of all kinds of events, buying…

99Bitcoins token prepares for IEO after raising over $2.5M

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 99Bitcoins token nears the end of its presale after raising $2.5 million. Its learn-to-earn concept resonates with investors, making it a standout utility coin in 2024. 99Bitcoins token (99BTC) is in the last stretch of its presale after raising $2.5 million. The project’s novel learn-to-earn use case has struck a chord with investors, rendering it one of the hottest new utility coins of 2024. The presale is in its…

Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion

Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold Poised for Gains Amid U.S. Political and Economic Changes In recent weeks, […] Source CryptoX Portal

What’s the Best Marvel Movie? Our Official Ranking

If you’re a Marvel fan, you will have noticed that the entertainment behemoth has reduced the frequency and number of releases they’ve put out in recent years. At one point, they were releasing three movies a year (on top of a TV show or two), but this year, that output has been dramatically reduced to just one. In 2024, the only movie set to be released in the Marvel Cinematic Universe is Deadpool & Wolverine, due July 26. This will also mark both Deadpool and Wolverine’s entrance into the MCU…

Bitwise becomes 1st US ETF to post Ethereum addresses

Bitwise disclosed several ENS addresses used to store Ethereum tokens for its spot ETH ETF, which launched on Tuesday. Bitwise became the first U.S. spot Ethereum (ETH) ETF issuer to publish wallets after committing to transparency for its ETHW fund. The wealth manager made a similar move in January when it disclosed public Bitcoin (BTC) addresses for assets underpinning the BITB spot BTC ETF.  Five addresses assigned Ethereum Name Service (ENS) tags were posted shortly before ETHW and eight other funds started trading. ENS sub-names simplify Ethereum addresses, which are typically…

Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch

Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon. Ether’s Bearish Sentiment Dominates Trading Day Amid ETF […] Source BitcoincryptoexchangeExchanges CryptoX Portal