SEC Approves Ethereum ETFs, Starts Trading Tomorrow
Ethereum exchange-traded funds (ETFs) will start trading on U.S. markets tomorrow, following the Securities and Exchange Commission’s approval in May and today’s final sign-off. These ETFs will enable investors to purchase shares that track the price of Ethereum ($ETH), offering a new way for traditional investors to gain exposure to Ethereum ($ETH) without directly buying […]
Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder of Pointsville and former strategy […]
Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, […]
Animoca Brands’ Mocaverse Partners with TON Foundation
Animoca Brands’ Mocaverse has announced a partnership with the MOCA Foundation and The Open Network (TON) Foundation to implement an identity and reputation-based consumer network across the Moca Network and TON Blockchain ecosystems. The initiative includes integrating Mocaverse’s decentralized identifier (DID), Moca ID, with the TON Society ID to facilitate user interaction and growth by […]
India Maintains Crypto Tax Regulations in 2024/25 Budget
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India. Industry leaders emphasize the need for ongoing dialogue with regulators to foster a supportive environment […]
Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address
Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has not spoken to the nation following his letter posted to X on Sunday. On Tuesday, a Polymarket bet is predicting whether Biden will “make an appearance today” after his campaign resignation. The betting odds on […]
Solana Meme Coin $TEA Is Brewing Success With Unique Staking and Swap Features
Solana meme coins are back in the headlines again, with new tokens making notable gains throughout the week. $TEA, the latest entry in this niche market, is making quite the impression with over three million community members and significant presale success within just a month of its launch. The popularity of $TEA has exploded in […]
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the […]
US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch
Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday, U.S. spot bitcoin ETFs attracted $533.57 million, the highest […]
Why the ‘Monopoly Mhaya’ Airdrop Is a Massive Opportunity
PRESS RELEASE. 23rd July, 2024 – Mhaya Brands is thrilled to announce the launch of the ‘Monopoly Mhaya’ airdrop, a revolutionary project poised to transform users into blockchain ‘tycoons’ through relentless clicking and the pursuit of profit. Since its debut on Telegram in July 2024, ‘Monopoly Mhaya’ has taken the platform by storm, attracting a […]
