The United States Securities and Exchange Commission (SEC) has decided to extend its review period for the proposed Invesco Galaxy Ethereum Exchange-Traded Fund (ETF). In a notice released on December 13, the SEC announced its intention to take additional time to evaluate the rule change proposal, allowing the Cboe BZX
According to the recent on-chain data, a colossal transaction has emerged, drawing attention to the Shiba Inu (SHIB) tokens. A single wallet has become the recipient of a staggering 290 billion SHIB, sparking curiosity and prompting questions about the motives behind this substantial transfer. This noteworthy event, unfolding just hours
An ex-Ethereum adviser named Steven Nerayoff claims that the driving force to promote Ethereum always comes back to the lucrative gas fees. In a post on Twitter, Nerayoff made this claim and noted that when fees spike, a small group of powerful people, rather than the ordinary user, benefit. This
Solana and Bitcoin NFT collections have advanced this week, with Solana’s ecosystem coming in third after Ethereum. The Bitcoin network surpassed Ethereum in 24-hour sales volume on December 12th, according to statistics from the NFT data portal CryptoSlam. According to the numbers, the Solana network also has the third-highest 24-hour
Earlier this week, Bitcoin (BTC) surged past $42,000 to a 19-month high, sparking new price bets. Prominent financial figure Bloomberg predicts that Bitcoin is on a long-term rally towards $500,000. According to their report, “Bitcoin topping $42,000 is just the start of a fresh crypto supercycle that will push the
LBank takes the center stage at the Indian Blockchain Week, bringing thought leaders together in a refreshing ambiance for meaningful connections. #CryptoEvent #LBankTradesFutures LBank, a top cryptocurrency exchange, concluded its Exclusive High Tea event as part of the Indian Blockchain Week 2023. The event, which took place during the nearly
In a rollercoaster ride for the crypto market, Ethereum suffered a substantial decline in the past 24 hours, plunging below the $2,200 mark for the first time in a week. The flash crash on Monday triggered a flurry of activity and raised pivotal concerns among investors regarding the market’s stability
Reuters reported on Monday that investment firm Goldman Sachs revised its prediction for the first interest-rate decrease by the Federal Reserve from Q4 to the Q3 of next year. This change occurs at a time when the cryptocurrency market as a whole, and bitcoin in particular, have been experiencing a
As 2024 approaches, it casts a spotlight on a pivotal question among Shiba Inu (SHIB) enthusiasts: Can this beloved meme coin surpass its current achievements and reach unprecedented heights? Amid the hopeful anticipation of its community, there’s a growing buzz about an emerging powerhouse in the DeFi space. Enter Retik
Diversification is one of the most popular strategies among investors for improving resilience and capturing a broad range of market opportunities. However, for crypto traders, true diversification beyond the digital asset class introduces several challenges. Most notably, the complexity of engaging with TradFi platforms in addition to crypto exchanges to
