Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Eden Games to Launch Blockchain-Integrated Cosmic Royale in Animoca Brands’ Motorverse

Rebeca Moen Jul 15, 2024 15:58 Eden Games, under Animoca Brands, announces Cosmic Royale, a blockchain-integrated party royale kart racing game, as part of the Motorverse ecosystem. Eden Games Introduces Cosmic Royale Game development studio Eden Games, a subsidiary of Animoca Brands known for its legendary racing titles like Gear.Club and V-Rally, has announced the launch of Cosmic Royale, a new Web3 party royale kart racing game. This announcement marks the studio’s first fully blockchain-integrated project. Cosmic Royale is part of Animoca…

Guernsey Post to Launch Limited Edition Crypto Stamps

Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens (NFTs). Launching later this month, these limited-edition, non-postage crypto stamps will feature the Golden Guernsey Goats, Billy […] Source CryptoX Portal

Goldman Sachs to launch three tokenization projects

Goldman Sachs is set to launch three tokenization projects targeting institutional clients, focusing on permissioned networks and private blockchains due to regulatory concerns. Goldman Sachs is gearing up to introduce three significant tokenization projects by year-end as part of its strategic expansion into digital assets. While its peers, like BlackRock and Franklin Templeton, have already entered the world of tokenization, Goldman Sachs is primarily focused on using permissioned networks due to regulatory concerns. Mathew McDermott, the banking institution’s global head of digital assets, announced the initiatives, emphasizing their focus on…

Interactive Brokers Cites 'Administrative Challenges' to Delay Prediction Exchange Launch

The launch of ForecastEx, a prediction exchange specializing in economic and climate events, has been postponed until later in the summer due to administrative issues, according to Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. ForecastEx Market Designations Approved ForecastEx, a wholly-owned subsidiary of Interactive Brokers Group, has received the required designations from the Commodity Futures Trading Commission (CFTC) to operate as a contract market and derivative clearing organization. The exchange was originally planned to begin operations on Monday, July 8, 2024. Steve Sanders informed Traders Magazine…

Hexagate and eOracle launch Gate Protocol Security Oracle

Hexagate just introduced The Gate Security Oracle, which is developed on the eOracle stack, the top AVS on EigenLayer.  This development marks the introduction of the first-ever decentralized machine learning (ML)-based security protocol. In the world of DeFi, trust and security remain crucial. Many projects have had to sacrifice decentralization to ensure functionality and security by extensively depending on external data. This often results in weakened security and challenges in building user trust and reputation. The Actively Validated Services (AVS) from EigenLayer will solve this issue. By utilizing the security…

Astra Nova: The Tier 1 Web3 Game Booming With 170,000+ Active Users Pre-Token Launch

PRESS RELEASE. RIYADH, Saudi Arabia – July 8, 2024 – Astra Nova, the revolutionary action RPG, is making significant strides as the 1st Web3 game to emerge from Saudi Arabia’s vibrant gaming landscape. Built on Unreal Engine 5, Astra Nova is captivating the gaming community with its innovative approach and immersive gameplay. Currently, Astra Nova […] Source CryptoX Portal

Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card

Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant across Europe. Unlike traditional custodial solutions, Tangem’s card embeds a private key […] Source CryptoX Portal

Experts Eye Ethereum ETF Launch By Mid-July, Predict Price Rally

The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH.Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the launch of the first spot Ethereum ETF. According to Geraci, current forecasts by Bloomberg predict a mid-July launch. He detailed the procedural timeline via X, stating, “Wen spot eth ETF? BBG sticking w/ mid-July. Amended S-1s…