Canary Capital, led by former Valkyrie Funds co-founder Steven McClurg has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar’s AXL token. This move comes as interest in altcoin-based ETFs continues to rise. The investment firm submitted its S-1 registration on 5th
Bitwise’s Chief Investment Officer, Matt Hougan, shared his view on Trump’s US crypto reserve. Despite initial plans to include various altcoins, Donald Trump’s proposed cryptocurrency reserve will likely end up being almost exclusively Bitcoin, according to Bitwise CIO Matt Hougan. Hougan highlights that the market’s initial negative reaction to the
With the recent decline in the market, Ali Martinez has posted a bearish XRP price prediction. The analyst says that the altcoin price could drop to $1 soon if it loses the $2 support. Meanwhile, Ethereum investors are showing interest in another DeFi coin called IntelMarkets (INTL). This is a
El Salvador’s President Nayib Bukele has reaffirmed that the country will continue accumulating Bitcoin (BTC), despite the recent International Monetary Fund’s (IMF) agreement suggesting otherwise. Bukele dismissed claims that El Salvador’s Bitcoin strategy would stop, countering the IMF’s requirements tied to a $1.4 billion loan deal. The IMF recently released
The Asian crypto community has awakened to a modest market revival after the past day’s significant crash. Leading cryptocurrencies have witnessed partial gains despite market uncertainty and a lack of bullish momentum. However, the upcoming days hold mounting tensions and more FUD due to shifting economic landscapes. Notably, Bitcoin has
In a groundbreaking move that could reshape the social media landscape, Reddit co-founder Alexis Ohanian has officially joined Project Liberty’s consortium to acquire TikTok’s US operations. Ohanian joins this consortium with a revolutionary vision of decentralizing the platform through blockchain technology. The Alexis Ohanian involvement was first reported by Reuters
Is the next big opportunity in crypto about to unfold? With the Litecoin (LTC) price prediction pointing to a possible breakout to $200.5 and the Cardano (ADA) price forecast suggesting a potential 30% drop, the market is buzzing with speculation. Amid these shifts, BlockDAG is grabbing attention as a top
The BitMEX and 100x co-founder Arthur Hayes predicts Bitcoin will sustain its bull market run despite recent price movement. He suggests that Bitcoin’s price might temporarily dip to approximately $70,000 before experiencing a significant rise. Bitcoin’s Potential Dip and Strong Rebound Hayes anticipates a temporary pullback to $70,000 as a
After a large liquidation last month, the crypto market experienced an uptick in prices in the first week of March, with the XRP price soaring to $3. However, the XRP coin failed to break above and has dropped to the $2.6 range following the upsurge. However, the hype surrounding top
Crypto market is registering a massive slump, one day after skyrocketing following an announcement by former US President Donald Trump of a national crypto reserve. In spite of the early positive sentiment, the top tokens such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) have witnessed significant
