VanEck quickly released a 37-second commercial asking viewers to “Enter the ether” in celebration of the approval of its spot Ether exchange-traded fund (ETF). The ad went up on May 23, just after the company’s 19b-4 application for a spot Ether ETF was greenlit by the SEC. Along with other
The crypto market has experienced some development over the past week, as BTC and ETH prices have surged. After months of anticipation and countless delays, Ethereum ETFs have finally been approved by the U.S. Securities and Exchange Commission (SEC). This regulatory decision adds fuel to the market, a sense of
Eight Spot Ethereum ETFs were authorized by the U.S. Securities and Exchange Commission (SEC) on Thursday, May 23, 2024, marking a significant milestone for the cryptocurrency sector. Lead developer Shytoshi Kusama of Shiba Inu was one among many who reacted to this news. Additionally, the developer suggested big ecosystem enhancements
The cryptocurrency market has recently surged, driven by the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETFs. Among the top performers, Ethereum (ETH) has seen a 30% rise over the past month. However, other cryptocurrencies have also posted impressive gains, with some even surpassing Ethereum’s performance. One standout
Bitcoin has experienced significant volatility over the past 24 hours, decreasing by 3.35%. After peaking at $70,041.27, the price eventually fell to $66,356.95. Three days ago, Bitcoin hit a monthly high of $71,979, but the bulls couldn’t maintain the momentum. Despite this, Bitcoin is up 2.30% over the past week,
The Central Bank of Ireland has approved Ramp Network as a Virtual Asset Service Provider (VASP). Ramp Network is a financial technology business that is developing payment rails to link cryptocurrency to the global financial system. The Irish division of Ramp Network, being a registered VASP, will provide services that let
As the cryptocurrency market eagerly awaits the Securities and Exchange Commission’s (SEC) decision on the approval of the spot ETH ETF, the demand for Decentralized Physical Infrastructure (DePIN) tokens has surged. These tokens have garnered significant attention from investors, leading to increased price volatility in the crypto space. In this
In the midst of the current altcoin craze, fueled by renewed speculation surrounding the potential approval of a spot Ethereum ETF in the United States tomorrow, the frog-themed meme coin Pepe (PEPE) has captured the attention of retail investors. Pepe has leapfrogged its way to overtake dogwifhat (WIF) as the
Analog is a web3 data provider and Layer-0 cross-chain communication protocol. Assisting developers in creating dApps, it provides a wide array of tools and facilitates true interoperability across any blockchain network. Analog is launching its much-anticipated incentive testnet today. The main offerings from Analog provide a robust cross-chain development toolkit: With
DeFi has had a significant capital inflow in 2024, resulting in a 75.1% increase in TVL year-to-date (YTD) to US$94.9B from US$54.2B at the beginning of the year. Nearly all DeFi sectors have benefited from this increase, including big and specialized markets. As a result, differentiated markets have emerged, enabling
