There are now six Ethereum Futures ETFs pending clearance from the U.S Securities and Exchange Commission. Several big participants are vying for dominance as they seek approval for an Ethereum futures ETF. These are from Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale. On August 1st, Bloomberg’s senior ETF analyst
August 2, 2023 2 mins read
There has been hardly any upward or downward movement in the Ethereum price during the last several days. Ethereum price is following in Bitcoins footsteps. However, the ETH price may have a significant breakthrough in the upcoming month of August. In light of Bitcoin’s latest decline to $29,000, the price
July 31, 2023 2 mins read
Virtual Assets Regulatory Authority (VARA) of Dubai has granted Binance FZE, the Dubai arm of the exchange, a license to provide exchange and broker-dealer services in the region. According to the company’s Monday announcement, Binance FZE will now be able to offer services to eligible institutional and retail investors, thanks
July 31, 2023 1 min read
Companies in the crypto sector have come under increased scrutiny after recent scandals and bankruptcies in the industry. This scrutiny has extended to businesses, including accounting firms, who have been employed by these companies. Paul Munter, the SEC’s principal advisor on accounting and auditing concerns, issued a warning to crypto
July 29, 2023 1 min read
Listed corporations, including crypto enterprises, are required by the U.S SEC to report annually on their “cybersecurity risk management, strategy, and governance.” In an effort to strengthen the relationship between investors and public corporations. The new regulation mandates that businesses report any “material” cybersecurity issues within four business days. Organizations
July 28, 2023 2 mins read
Venture capital powerhouse Sequoia Capital is said to have reduced the size of its cryptocurrency fund from $585 million to $200 million. The tech-focused VC company reportedly informed investors in March that it will cut the size of its Sequoia Crypto Fund and ecosystem fund to better reflect shifting market
July 28, 2023 1 min read
Despite a stated shift in focus toward AI, Meta has not abandoned the metaverse. This was reaffirmed by Meta founder and CEO Mark Zuckerberg during an earnings call. Zuckerberg stated: “Our investments in AI continue. We remain fully committed to the Metaverse vision as well. We’ve been working on both
July 27, 2023 2 mins read
There is a lot of excitement in the crypto community as word spreads that the Shibarium Beta Bridge is now available for public testing. The breakthrough cross-chain solution that will revolutionize user experience with blockchain is now available for testing. The Shibarium Beta Bridge is a major improvement in the
July 27, 2023 2 mins read
The leading blockchain and cryptocurrency infrastructure provider in the world, Binance, today unveiled two new product updates on Binance.com that will continue to give customers the liquidity they need and support as many projects as possible while also educating them about volatility and dangers. The first product improvement adds new
July 26, 2023 2 mins read
Bitcoin (BTC) was under selling pressure early in the week, sending the price down below the $30,000 support level to roughly $29,000. Some on-chain signs suggest potential development despite its relatively dismal prognosis. The fact that more and more Bitcoins are being removed from crypto exchanges and placed in private
July 26, 2023 2 mins read