Tue, April 7

VanEck and 21Shares Update S-1 Filings for Spot Ethereum ETF Approval

In order to list and trade shares of a spot Ethereum (ETH) exchange-traded fund (ETF), asset management firms VanEck and 21Shares have updated their S-1 registrations with the US SEC. The firm’s attempts to secure final clearance from the SEC for its Ethereum ETF included filings on July 8 in

July 9, 2024 2 mins read

Bitstamp Commits to Accelerate Mt. Gox Payouts to Creditors

Bitstamp has assured to pay out debtors who were owed payments by Mt. Gox as soon as possible. The crypto exchange intends to reimburse investors far sooner than the 60 days allowed by their agreement with the Mt. Gox trustee for distributing tokens. Several Japanese creditors of Mt. Gox have

July 8, 2024 2 mins read

Dogecoin (DOGE) Derivatives Market Activity Plunges to Yearly Low

Dogecoin (DOGE), the popular meme coin, has witnessed a decline in its derivatives market activity, with the total open interest cratering to $2.51 billion as of writing. This marks the lowest level of open interest since the beginning of the year, indicating a substantial decrease in the number of outstanding

July 8, 2024 2 mins read

Will These Ethereum Whale Transfers Lower The Chances of Recovery?

Ethereum, the largest-capped altcoin, marks the slightest recovery back to $3,000 with a minute spike of 1.25% in the last 24 hours. Alongside Bitcoin’s dip to $53.4K, Ethereum bottomed at $2.8K last week, creating a panic in the market.  Mt. Gox and the German Government were among the instigators of

July 8, 2024 2 mins read

Halliday Announces Launch of Commerce Network with Backing from a16z and Hashed

Halliday, the commerce automation network for modular chains, has announced the public launch of its network. With more than 26 partners thus far and support from prominent investors like Andreessen Horowitz and Hashed, the platform wants to make its technology available to a broad range of businesses and commerce apps.

July 8, 2024 2 mins read

EOS Network Introduces 250 Million EOS Staking Rewards Program

A 250 million EOS staking rewards program has been introduced by EOS Network today, July 8, as a part of their revised tokenomics strategy. As per the updated staking rewards schedule, a daily distribution of 85.6K EOS is given to Stakers. Early stakers in the revised EOS staking program may earn an initial

July 8, 2024 1 min read

SSV Network Hits Milestone with 1 Million ETH Staked, Boosts Ethereum’s Security

SSV Network, a distributed validator network centered on Ethereum, has achieved a significant milestone in the restaking and staking ecosystems by achieving one million $ETH staked on its platform. After its permissionless network was unveiled in December 2023, the protocol went live officially, enabling a variety of partners and solo

July 8, 2024 2 mins read

Can This Reason Revive BabyDoge Bull Run? 

BabyDoge recently hit a nine-month low of $0.0000000010131, marking a 13% decline over the past seven days. Despite this setback, its team has been stirring anticipation within the community with a series of countdown posts on their social media accounts.  These posts, featuring the BabyDoge logo surrounded by coins, have

July 8, 2024 1 min read

Metaplanet Increases Bitcoin Holdings with $2.42M Purchase Amid Price Drop

Publicly traded companies in Japan are steadily increasing their Bitcoin holdings each week. Metaplanet bought 42.47 Bitcoins worth approx 2.42 million USD, to take advantage of the current Bitcoin price drop. Coincidentally, the purchase of Bitcoin occurred earlier today, just as its price plummeted below $54,500. At the time of

July 8, 2024 1 min read

Can Bitcoin Overcome the $56K Resistance Level?

Bitcoin (BTC), the largest cryptocurrency by market cap, has continued to display its dismal price trends ever since the start of July.  Following BTC’s price dip, the global crypto market shed over a hundred billion dollars, returning it to $2.05 trillion. Notably, over the last 24 hours, Bitcoin formed a

July 8, 2024 2 mins read
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