Global X ETFs, a New York-based Exchange Traded Fund provider, has amended its filing for a spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC), bringing the hype back surrounding the product. As shared by Bloomberg ETF Analyst James Seyffart, the amended filing shows the Global X Bitcoin Trust will trade on the … Read more
As digital assets markets are gearing for a recovery from the severe Crypto Winter, traders are looking for reliable and newbie-friendly price prediction models for major assets. Bitcoin Rainbow Chart by CoinCodex is definitely among the most interesting models to look at. Introducing Bitcoin Rainbow Chart by CoinCodex: How to use it? The Bitcoin Rainbow Chart … Read more
Cathie Wood, the CEO of Ark Invest, in an interview with Yahoo Finance, provided a deep dive into the status and future prospects of a spot Bitcoin ETF. Her detailed insights offer a rare glimpse into the interactions with the Securities and Exchange Commission (SEC). Ark Invest’s SEC Engagement Wood described a significant shift in … Read more
Delaware state officials have referred a fraudulent filing for a BlackRock XRP fund to the state’s Department of Justice, Bloomberg reports. This move follows the appearance of false paperwork on Delaware’s official website, which led to a temporary surge in the cryptocurrency’s value. BlackRock debunks the ETF hoax The bogus filing, which indicated the … Read more
BlackRock, the leading asset manager in traditional finance, has highlighted potential risks associated with stablecoins for investors considering its proposed iShares Bitcoin spot exchange-traded fund (ETF). Despite BlackRock’s significant involvement in the crypto industry, such as pursuing a Bitcoin spot ETF and registering an Ethereum trust, it now emphasizes concerns regarding the impact of stablecoin … Read more
Currently flirting with the $0.70 mark, XRP‘s price movement on the daily chart is hinting at a story that investors are keen to read. The question on everyone’s mind is: Is the $0.70 mark just the beginning of XRP‘s bullish run, or are we witnessing a temporary peak? Analyzing the daily Binance chart for XRP/USDT, … Read more
Ethereum and Cardano are two popular smart contract platforms. While the latter is peer-reviewed and led by research, Ethereum enjoys a first-mover advantage and has the largest total value locked (TVL) if decentralized finance (DeFi) is a leading metric. However, one user on X thinks Cardano is ahead of Ethereum on features. This position was … Read more
Meme coins like Shiba Inu (SHIB) and Pepe (PEPE) have proven to be one of the best ways for crypto investors to make massive returns on investments. But amid all of the scams and rugs that have dominated crypto and decentralized finance (DeFi), they can be hard to spot. In line with this, one crypto … Read more
Dapper Labs, the Web3 game studio known for projects such as National Basketball Association (NBA) Top Shot and CryptoKitties, has made a major announcement in the non-fungible token (NFT) market. The company revealed its plans to launch Disney Pinnacle, a “cutting-edge” digital pin-collecting and trading platform. This new platform will showcase characters from Disney’s century-long … Read more
On-chain data shows the average transaction fees on the Ethereum network have hit a 4-month high as user activity has spiked. Ethereum Average Fees Recently Hit The $5.72 Mark According to data from the on-chain analytics firm Santiment, the transaction fees on the ETH network have shot up as the cryptocurrency has recently broken above … Read more