Several applications for Ether futures ETFs are expected to be approved simultaneously by the U.S SEC, according to WSJ, citing persons familiar with the subject. There has been a deluge of applications to the SEC since July, with some financial companies asking to combine futures Bitcoin and Ether strategies. The
When asked about the potential of Dogecoin switching to a proof-of-stake (PoS) mechanism, a major contributor and developer Mishaboar hinted at maybe moving away from the project. When asked whether he would stake Dogecoin if given the opportunity, he revealed this information. The developer is skeptical of a PoS switch
This week, we look at Huobi (HT)’s efforts to counter bankruptcy speculation, Cathie Wood’s firm predicting a BTC ETF in 2021, and the rise of Pomerdog (POMD)’s presale. Most notable is the Pomerdoge project, which stands to disrupt the meme market with its P2E platform. Let’s break down each story.
On Friday, a day after the court stated that the U.S SEC may present its argument, the regulatory agency filed for permission to appeal the judge’s judgment that XRP sales via exchanges did not violate securities legislation. The filing read: “The rulings that the SEC seeks to appeal were legal
Algorand (ALGO) hit a new all-time low of $0.09 yesterday, reflecting a general negative trend in the market according to statistics from CMC. Since breaking below the previous set level in June, the ALGO price has been trying to find a new support level. The token’s value, however, hit a
A crypto whale who had been sitting on $41 million worth of Ethereum (ETH) sold it out only days before the market plummeted, saving a possible $5 million loss. Blockchain research platform Lookonchain highlighted the transaction. The crypto whale made a deposit of 22,341 ETH to the crypto exchange Binance
The price of Ethereum (ETH) fell by 7.6 percent as the market suffered a sudden downturn, with most of the decline occurring in a short span. On Friday morning, most of the cryptocurrencies continued their terrible performances. According to statistics from Coinglass, the previous 12 hours saw one of the
The Shibarium blockchain, an Ethereum layer-2 network that utilizes SHIB tokens as fees, went live on late Wednesday. Shibarium is part of a larger strategy that recognizes Shiba Inu as a potential blockchain initiative. Buckle up #SHIBARMY 🛸 Shibarium is officially live and ready to explore: https://t.co/56VsqOa2jt — Shib (@Shibtoken)
Ethereum, the second-largest cryptocurrency, is imprisoned in the prevalent battle between bullish and bearish forces. This largest altcoin breached the $1,800 level, marking its new low since late June. While the question arises of who will win — bears or bulls— a sense of bullish hope emerges in the market
XDC Network, a prominent cryptocurrency ranked among the top 50 by market capitalization, experienced a noteworthy surge of 4.26% within a span of 24 hours. However, it endured a challenging week, with its prices dropping by over 6.06%. Taking a broader view of the month, it exhibited an impressive surge
