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The United States Securities and Exchange Commission (SEC) has decided to extend its review period for the proposed Invesco Galaxy Ethereum Exchange-Traded Fund (ETF). In a notice released on December 13, the SEC announced its intention to take additional time to evaluate the rule change proposal, allowing the Cboe BZX
December 14, 2023 2 mins read
Binance, the global cryptocurrency exchange behemoth, and its former CEO, Changpeng Zhao (CZ), have launched a strong counteroffensive against the U.S. Securities and Exchange Commission (SEC). The move comes as a response to the SEC’s allegations, where the regulatory body accused the exchange of 13 securities law violations, including the
December 13, 2023 2 mins read
Celestia’s native token, TIA, surged to an all-time high of $12.96 on December 12th. This unprecedented rise follows the exciting announcement of Celestia Network’s integration with Polygon’s Chain Development Kit (CDK). The integration is set to offer a seamlessly integrated module for Celestia within Polygon-based networks, facilitating enhanced data availability.
December 13, 2023 2 mins read
Tron Network, founder Justin Sun has unveiled plans for a grand airdrop celebration, commemorating the platform’s achievement of reaching 200 million users. The airdrop, set to be executed through Binance Square’s Red Packet feature, serves as a token of gratitude to the vibrant user community that has consistently supported Tron,
December 11, 2023 2 mins read
A turbulent start to the week as major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), faced a bearish trend in intraday trading. BTC saw a significant dip of over 5% in the 24 hours, reaching a low of $41,649 before recovering to $42,510, as per CoinMarketCap data. Data from CoinGlass revealed
December 11, 2023 1 min read
Recent market trends indicate a promising trajectory for Ethereum (ETH), signaling a potential new era of growth for the cryptocurrency. With Ethereum’s price climbing and touching $2,402, suggests a solid bullish outlook driven by various factors. An investment firm’s report by VanEck has highlighted 15 projections for the cryptocurrency landscape
December 9, 2023 2 mins read
On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356,
December 8, 2023 1 min read
The cryptocurrency markets have surged from a period of consolidation, showing an upswing since the commencement of the final quarter. Over the past few days, the crypto sphere witnessed the liquidation of more than $120 million in leveraged Bitcoin positions, propelling the BTC price beyond the $44,280 mark. Additionally, Robinhood
December 7, 2023 1 min read
Ethereum (ETH) continues its bullish trend, reclaiming the $2,100 mark amidst discussions about a potential spot Ethereum ETF (Ethereum-based Exchange Traded Fund) approval by the US SEC. The cryptocurrency’s price surged by 2.90%, reaching $2,108, with a market cap exceeding $251 billion. The recent surge began with multiple factors, including
December 1, 2023 2 mins read
On Wednesday, Cathie Wood’s ARK Invest made a second strategic move in the market, capitalizing on the crypto and fintech sectors. ARK sold 38,668 shares of Coinbase (COIN) from its Ark Fintech Innovation ETF (ARKF), amounting to $5 million. This decision followed the earlier sale of 43,956 COIN shares on
November 30, 2023 2 mins read