Search Results for: ETFs

Countdown Begins for BlockDAG’s 50% Bonus; LayerZero Climbs & Ethereum Enthusiasts Keep Faith

Crypto enthusiasts are often on the lookout for opportunities that promise substantial growth in a brief period. Currently, the cryptocurrency community is abuzz with several significant developments. LayerZero (ZRO) is currently seeing a 16.8% price surge, driven by increased activity following an airdrop announcement. Meanwhile, Ethereum investors maintain a positive

October 3, 2024 4 mins read

Grayscale Launches Aave Trust, Driving AAVE Price Above $140

After Grayscale announced the launch of its Grayscale Aave Trust, the price of AAVE has started to rise again. Institutional investors will have the opportunity to invest in the decentralized finance (DeFi) token via this fund. As a result, the token’s adoption will increase dramatically, which may cause more price

October 3, 2024 2 mins read

Taiwan’s FSC Unveils New AML Regulations for Cryptocurrency Firms

Taiwan FSC Unveils New AML Regulations for Crypto Firms

Taiwan’s Financial Supervisory Commission (FSC) has unveiled a comprehensive set of anti-money laundering (AML) rules. These rules specifically target cryptocurrency firms and are set to be enforced by 2025. The new regulations aim to bring order to the growing digital asset market. They require virtual asset service providers (VASPs) to

October 3, 2024 2 mins read

Shiba Inu (SHIB) Finally Showing Bullish Signs, Grayscale XRP Trust Could Pave the Way for an ETF, Rexas Finance (RXS) Presale Surpasses $1.7M in a Jiffy.

The cryptocurrency buzz can be heard due to the happenings taking place and the current developments. There have been a few important things that have happened in the last few weeks. The much-anticipated Shiba Inu (SHIB) finally displayed hope with a huge bullish run, the Grayscale XRP Trust looks to

October 3, 2024 5 mins read

Ethereum (ETH) Price Falls to Previous Support Amid Selloffs

Uptober’s failure to initiate the bull run yet, has caused a feeling of unrest in the crypto community. Significant cryptocurrencies have incurred major dips in the last 2 days, this has put investors in a tough spot. The decision to sell or buy the dip has been looming within the

October 3, 2024 2 mins read

Bitwise Officially Files Form S-1 for Spot XRP ETF with US SEC

Bitwise, a cryptocurrency asset manager, has formally applied to the US Securities and Exchange Commission to become the first spot XRP exchange-traded fund (ETF). The filing states that, after the Bitwise XRP ETF receives SEC clearance, it will provide investors access to the value of the XRP owned by the

October 2, 2024 2 mins read

Are Ethereum Whales Driving the Recent 6% Drop in ETH?

As of October 1, Ethereum’s current price stands at $2,474, reflecting a 6.20% decrease over the past day. The market cap has similarly declined by 5.18%, currently sitting at $299.87 billion. Despite this price drop, the 24-hour trading volume has increased by 46.66%, reaching $25.27 billion. Ethereum’s market has undergone

October 2, 2024 2 mins read

Meet The Uniswap Killer That Outshined Toncoin And Avalanche in 2024

Seasoned altcoins like Toncoin (TON) and Avalanche (AVAX) have performed decently in this trading year. However, a crypto project, ETFSwap (ETFS), that emerged recently has stood out, outshining Toncoin (TON) and Avalanche (AVAX) in the market. Popularly referred to as ‘Uniswap killer’ by experts and the crypto community, ETFSwap (ETFS)

October 2, 2024 4 mins read

XRP Eyes Key Support Level as Price Dips Amid Overall Market Sell-off

The Delaware Division of Corporations website now displays an application for a Bitwise XRP exchange-traded fund (ETF). The filing states that the Bitwise XRP ETF was established on September 30, 2024. The CSC Delaware Trust Company, with headquarters in Wilmington, Delaware, was named as the registered agent. Brad Garlinghouse, CEO

October 2, 2024 1 min read

Will Ethereum Break Free from Its Mixed Market Signals?

Can Ethereum Staking Yields Surpass US Interest Rates in 2025?

Ethereum staking yields to surpass the U.S. interest rates in 2025. As the Federal Reserve continues to cut interest rates, the gap between Ethereum staking returns and traditional risk-free rates is anticipated to minimize. ETH stake yields are currently positioned at 3.2%. With the U.S. rates expected to fall below

September 30, 2024 2 mins read