Nasdaq and BlackRock, the world’s largest asset manager, are planning to start trading options on the spot Ethereum ETF. According to a filing posted on the U.S. Securities and Exchange Commission’s website, representatives of Nasdaq and BlackRock asked the regulator to allow trading options on the iShares Ethereum Trust ETF (ETHA), the only Ethereum-based ETF listed on the Nasdaq exchange. The published document proposes changing the rules for listing and trading options on the iShares Ethereum Trust. The exchange offers to expand the list of ETFs suitable for trading on the exchange in…
Tag: Market
Franklin Templeton launches money market fund on Arbitrum
Franklin Templeton, a $1.66 trillion asset manager, has announced the launch of its money market fund on Arbitrum. The Wall Street giant said in a press release that the Franklin OnChain U.S. Government Money Fund FOBXX is now available to investors on Arbitrum (ARB), an Ethereum (ETH) Layer 2 blockchain. With this launch, FOBXX expanded to three blockchain platforms, after already available on Stellar (XLM) and Polygon (MATIC). Expansion a key step for Franklin Templeton Franklin Templeton and the Arbitrum Foundation are collaborating to bring the tokenized fund to investors…
Here’s How This New ICO Has Taken The Market By Storm and Left Solana (SOL) Holders Worried
Mpeppe (MPEPE), is currently making waves and capturing the attention of investors and enthusiasts alike. As Mpeppe (MPEPE) gains traction, it’s causing ripples across the crypto market, particularly among Solana (SOL) holders. Here’s a closer look at how Mpeppe (MPEPE) is making headlines and why it’s causing concern for those invested in Solana (SOL). MPEPE: A Game-Changer in the Crypto Space Mpeppe (MPEPE) has rapidly distinguished itself in the crowded cryptocurrency landscape. This innovative ICO embodies the convergence of sports enthusiasm, blockchain technology, and the viral power of meme culture.…
Franklin Templeton’s Tokenized Money Market Fund Expands to Arbitrum
Since then, several other firms have made a push into tokenization of real world assets (RWAs) by bringing their funds onto blockchain rails. The biggest ones include BlackRock, the world’s largest asset manager, and crypto-native startups Securitize and Ondo Finance, all of which have launched tokenized funds in recent years. Source
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an […] Original
Cryptocurrency Market Volatility Rises as U.S. Stocks Turn Lower
The cryptocurrency market experienced a sharp downturn Wednesday afternoon as U.S. stocks reversed early gains, leading to heightened cryptocurrency market volatility. Bitcoin (BTC), which had shown promise earlier in the day, saw its price tumble as broader economic concerns weighed on both digital and traditional financial markets. This article examines the factors driving this latest bout of volatility and its implications for the cryptocurrency landscape. Bitcoin and Ethereum Lead the Decline Bitcoin, the flagship cryptocurrency, initially rallied on Wednesday, reaching as high as $57,600. However, by mid-afternoon, Bitcoin had dropped…
New DOGE Rival Has Sent The Market Into A Frenzy With Its Untouchable 310% Gains
The cryptocurrency market is abuzz with excitement as a new rival to Dogecoin (DOGE) emerges, delivering staggering gains and captivating investor interest. Mpeppe (MPEPE), a fresh contender in the meme coin arena, has taken the market by storm, boasting an impressive 310% increase in value. Meanwhile, Dogecoin struggles to maintain its position amidst significant market fluctuations and declining confidence among traders. Dogecoin’s Struggle: Market Position and Community Sentiment Dogecoin (DOGE), once celebrated for its strong community and market presence, has recently faced a dramatic downturn. The cryptocurrency has slipped to…
Tokenization of U.S. Treasuries and Money Market Products Drives $2B in Institutional Flows
Tokenized short-term liquidity funds have found product-market fit across institutions, Web 3.0 investment firms, blockchain foundations, and other crypto-native organizations this year. Six products each reached $100-plus million and one reached the $500 million mark in July 2024, eclipsing $2 billion in collective flows. Source
Pepecoin (PEPE) and Mpeppe Rival Coins That Are Dominating The Market With Massive Gains
In the fast-paced world of cryptocurrency, Pepecoin (PEPE) and Mpeppe (MPEPE) have emerged as standout contenders, each making significant strides with impressive gains. As the crypto market evolves, these two meme coins are capturing attention with their unique attributes and substantial growth. Let’s explore why Pepecoin (PEPE) and Mpeppe (MPEPE) are currently dominating the market and how they are reshaping the future of digital assets. Pepecoin (PEPE): A Trailblazer in Meme Coins Pepecoin (PEPE) has established itself as a notable player in the meme coin arena, primarily due to its…
Blackrock Unshaken Despite Recent Bitcoin Market Crash, Data Shows
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…