Search Results for: etfs

dYdX Community Greenlights Staking 20M DYDX tokens to Boost Security

First Bitcoin Staking L2 with Native Yield ‘Social Network’ Launches Testnet

Social Network’s testnet release marks the formal debut of the first decentralized Bitcoin Layer 2 Staking Protocol with Native Yield. The protocol finally unlocks the potential for decentralized social networks on Bitcoin by addressing the network’s scalability, cost-effectiveness, and environmental sustainability. Top testnet contributors will get ‘Taproot Farmers,’ a unique

January 31, 2024 2 mins read

Solana Breaks Below $100 Level as Price Faces Brief Correction

After briefly trailing behind Ethereum (ETH) and Tron (TRX), Solana (SOL) surpassed them in January to become the top blockchain for stablecoin transactions. Artemis data investigation shows that stablecoin transactions on the Solana blockchain reached a whopping $497 billion in January. In the last two months, there has been a

January 31, 2024 1 min read

Honduras Prohibits Banks from Crypto Dealings Citing Lack of Regulation

Bitcoin Faces Brief Correction as FOMC Decision Looms

Marathon Digital Holdings Chairman and CEO Fred Thiel said on a recent edition of The Pomp Podcast that the impending halving puts Bitcoin in a better position for a greater rate of appreciation. Especially when compared with gold. Also, it should make things more stable when the market isn’t doing

January 31, 2024 2 mins read

Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Pyth Price Feeds Debuts on Filecoin VM

Pyth Price Feeds, a runtime environment for smart contracts on the Filecoin network, has launched today on Filecoin VM. Data that is vital to mankind is intended to be stored on Filecoin, a decentralized storage network. The goal of this deployment is to provide worldwide Web2 and Web3 participants with

January 31, 2024 2 mins read

Ethereum (ETH) Sets Eyes on $3500 Amid Continued Surge

Will Ethereum’s Current Recovery Phase Lead ETH Hitting $2.5K?

Ethereum, the second-largest cryptocurrency by market capitalization, showcased a notable recovery yesterday, breaking free from a two-week bearish trend. In the second week of January, ETH reached a 20-month high of $2,710 but dipped to $2,168 eight days ago. Despite the setback, ETH has experienced a 7% surge in the

January 31, 2024 2 mins read

SEC Ethereum ETF Ruling Expected in May, Could Send ETH to $4K

The Securities and Exchange Commission could follow eerily similar tactics with its pending ruling over proposed spot Ethereum exchange-traded funds (ETFs) as it recently did with sanctioning Bitcoin ETFs, says a new Standard Chartered report. Analysts eye mid-May as a prime decision target to send ETH to $4K—if the past

January 30, 2024 2 mins read

JPMorgan's Caution on Fed Rate Cuts Effects Sparks Market Uncertainty

Bitcoin ETF Ads Pops Up on Google Igniting BTC Rally

Tech Giant Google has decided to lift its ban on cryptocurrency-related advertisements after five years, opening up its extensive advertising network to specific offerings, including the newly introduced spot Bitcoin ETFs. This marks a notable shift from Google’s stance in March 2018, when it and Facebook banned crypto-related ads to

January 30, 2024 2 mins read

Grayscale Names Peter Mintzberg CEO Amid Bitcoin ETF Outflows

Grayscale’s GBTC Witnesses Significant Outflows Despite Slowing Pace

According to CoinShares, a digital asset management firm, withdrawals from Grayscale’s bitcoin ETF (GBTC) were higher than inflows into other funds, even if they slowed significantly during the last week. According to the research, the U.S. bitcoin ETFs experienced net inflows of only $1.8 billion, while GBTC suffered $2.2 billion

January 29, 2024 2 mins read

Hong Kong Braces for Potential Spot Bitcoin ETF Approvals

Following the approval of the first spot Bitcoin exchange-traded fund (ETF) in the U.S by the SEC, the first spot BTC ETF in Hong Kong allegedly landed at the SFC a few weeks later. According to Tencent News, one of the biggest fund managers in China, Harvest Hong Kong, applied

January 29, 2024 2 mins read

YieldMax Files Application for Bitcoin Options Income Strategy ETF

In response to the overwhelming interest in Bitcoin exchange-traded funds (ETFs) in the United States, new and exciting product possibilities are being evaluated. An exchange-traded fund (ETF) called YBIT, which uses a Bitcoin options income strategy, has been proposed by YieldMax to the U.S SEC. Around April 10, 2024, the

January 29, 2024 1 min read