The Cboe BZX Exchange, Inc. has filed a proposal formally to facilitate staking for the 21Shares Core Ethereum exchange-traded fund (ETF). In a Form 19b-4 filing, the exchange sought the U.S. Securities and Exchange Commission (SEC) approval to stake in the fund. The SEC approved the 21Shares Core Ethereum ETF
February 13, 2025 2 mins read
Experts released ETF approval odds, reflecting that XRP has the lowest probability at 65%. The Securities and Exchange Commission (SEC) has not acknowledged the 19b-4 filings. The first filing was made on January 30, 2025, with an expected acknowledgement on February 13. Notably, the SEC acknowledges such filings within 15
February 12, 2025 2 mins read
Pi Network, a decentralized ecosystem, has announced its official transition to the Open Network phase of its Mainnet on February 20, 2025, at 8:00 AM UTC. The transition to Open Network is a testament to Pi’s 19 million identity-verified Pioneers and the broader community. For six years, Pi Network has
February 12, 2025 2 mins read
Tokyo-listed mobile game studio Gumi Inc. has announced that between the months of February and May 2025, it intends to purchase Bitcoin (BTC) worth around 1 billion Japanese yen, about $6.58 million. Gumi Inc. points out that Bitcoin investment is one of the measures to consolidate the node operation business
February 11, 2025 1 min read
Cardano (ADA) has registered a 13.66% daily surge. The latest price resurgence follows the crypto asset manager, Grayscale’s spot Cardano exchange-traded fund (ETF) application on the New York Stock Exchange (NYSE). This could have sent a buzz across the ADA community. Notably, Bloomberg ETF Analysts James Seyffart and Eric Balchunas
February 11, 2025 2 mins read
James Seyffart and Eric Balchunas, analysts at Bloomberg, have published their most recent predictions for the approval chances of spot cryptocurrency exchange-traded funds (ETFs). They have narrowed their focus to Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), and XRP, which are expected to gain SEC acknowledgement and regulatory clarity by the
February 11, 2025 2 mins read
The largest asset, Bitcoin (BTC) continues to dominate the cryptocurrency market as its price movements are crucial. BTC reflects a period of consolidation following multiple drops. Bitcoin’s price is suffering to reclaim the $100K mark, facing repeated rejections that triggered sharp pullbacks. The price action of the asset has established
February 10, 2025 3 mins read
Market uncertainty persists as assets struggle to rebound from bearish control. Major cryptocurrencies continue to fluctuate, with Bitcoin (BTC) remaining far from the $100K mark, while the Artificial Superintelligence Alliance (FET) has gained 1.58%. The asset opened the day trading at $0.7686 and dipped to a low of $0.7233. As
February 10, 2025 2 mins read
With fear lingering in the crypto market, assets display mixed signals. Bitcoin holds at $96K, while Ethereum trades at $2.6K. Meanwhile, Litecoin (LTC) leads the gainers with a 6.39% daily surge. Litecoin fell back to the $102.52 level in the early hours, before the bull appearance. Later, the LTC bulls
February 10, 2025 2 mins read
Asset prices are retreating to previous lows amid crypto market volatility. Among altcoins, Onyxcoin (XCN) has emerged as a standout performer early on. The asset has gained a modest 1.78%. Onyxcoin’s upside correction triggered it to visit the $0.0305. Gradually, XCN slipped and traded at the lowest of $0.02686. The
February 8, 2025 2 mins read