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Search Results for: ETFs

Ethereum’s Vitalik Buterin Highlights Decentralization Differences with Bitcoin

Vitalik Buterin, co-founder of Ethereum, has distinguished Ethereum’s decentralization to that of Bitcoin and other networks in great detail. As experts see models moving away from the heart of blockchains, the centralization of mining and staking has remained a controversial topic. While discussing the mainnet and layer 2 solutions, Buterin

July 20, 2024 1 min read

Copper Expands Collaboration with DFINITY Foundation to Boost ICP Custody and Staking

Industry’s one of the leading digital asset custodians, Copper, today announced that it has expanded on a prior initiative with the Swiss non-profit DFINITY Foundation, a major contributor to the Internet Computer (ICP), to allow institutional investors to securely hold and stake their ICP assets directly in the Copper Platform. Copper will

July 19, 2024 4 mins read

Will the Ethereum ETF Launch Fuel ETH to Hit $4K?

The crypto market anticipates the impact of spot Ethereum ETFs launch on the momentum it is currently experiencing. After a week of bearish signals along with brief recovery rallies, ETH continues to trade within the $3.4K level.  Earlier this week, Grayscale announced a waiver fee strategy, waiving fees on inflows

July 19, 2024 2 mins read

Will Solana (SOL) Face Potential Correction After Hitting $165 Level?

The overall crypto market witnessed a slight dip in both market cap and trading volume in the last 24 hours. Leading cryptocurrencies, Bitcoin and Ethereum also showed mild price dips after the recent bullish trends. Meanwhile, the second largest altcoin, Solana, showed bullish movements crossing the resistance levels, at the

July 19, 2024 2 mins read

Is Hong Kong Positioned to Dominate the Stablecoin Market?

Hong Kong is in the enhanced crypto regulatory frame, embracing cryptocurrency and blockchain technology, and recent policy briefs from the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) show their clear and legible regulatory policies.  Moreover, Hong Kong launched its first spot Bitcoin and Ether ETFs in

July 19, 2024 2 mins read

Will BTC Options Expiry Trigger a Crypto Market Rebound?

The cryptocurrency market has experienced significant volatility since the beginning of July, with a recent downturn following a short-lived recovery. In the past week, several altcoins that had previously hit yearly lows managed to reach monthly highs, breaking through long-awaited resistance levels. Notably, Bitcoin (BTC) surged to a 27-day high

July 19, 2024 2 mins read

Bitcoin Faces Brief Resistance After Recent Rally, What Next?

Bitcoin (BTC), the leading cryptocurrency, is marginally between the bearish and bullish zones. It is trading above $64K, declining at 0.61% in the last 24 hours. Following the price dip, the global crypto market dropped by 1.06%, returning to $2.37 trillion. Bitcoin’s price action might be backed by speculation about

July 18, 2024 2 mins read

How is the Crypto Market Preparing for the Spot ETH ETF Launch?

The most anticipated US Spot Ethereum ETFs are expected to make their market debut on July 23. In preparation for the launch, issuers have filed their S-1 filings and made announcements on fees, custodians, and other facets of their respective products. The market has also seen several updates from the

July 18, 2024 2 mins read

21Shares Announces Waiving Fees for 6 Months of Spot Ethereum ETF

In an amended S-1 filed with US SEC on July 17, asset manager 21Shares detailed their plans to waive management fees for their 21Shares Core Ethereum ETF (CETH) completely for up to six months after listing, or until the fund receives $500 million. The fees were set at 0.21%. Moreover,

July 18, 2024 1 min read

Ethereum Whales Accumulate ETH in Anticipation of ETF Launch

The upcoming launch of spot Ether (ETH) exchange-traded funds (ETFs) in the U.S., expected next week, is projected to push ETH prices to new highs. Ethereum whales have been accumulating ETH in anticipation of the ETF launch. Wallets holding at least 0.1% of the total supply have shown a consistently

July 17, 2024 2 mins read