Grayscale has filed to convert its Aave trust into an exchange-traded fund, signaling renewed institutional interest in altcoins. The crypto asset manager submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission on Friday, seeking approval to rename the product the Grayscale Aave Trust ETF. The firm
The founder and chief executive officer at MN Fund, Michael van de Poppe, has fired a warning flare by revealing that the current value of altcoins against gold is the smallest it has ever witnessed. The relative strength index also stood at 25 on the weekly timeframe, which hasn’t happened
Bitcoin’s sharp decline of over 20% this past week took crypto liquid funds by surprise, despite the commodity later rallying back on certain fronts. According to fund managers, the impact of Bitcoin’s decline was less from any particular event and more so because of the swiftness of the shift in
Grayscale added more exposure candidates from the artificial intelligence, DeFi, consumer, and infrastructure segments to its list of digital assets under consideration for future investment products. The update signals continued product exploration by the world’s largest digital asset-focused manager, as US investor demand widens beyond Bitcoin and Ethereum. In a
As the crypto ETF landscape continues to evolve, on December 30, Bitwise Asset Management applied for N-1A form for 11 new crypto exchange-traded funds to the U.S. Securities and Exchange Commission, seeking regulatory approval. According to the filing submitted on Tuesday, Bitwise said it plans to introduce new multiple and
Fartcoin (FARTCOIN) is under intense bearish pressure, and it is currently trading at $0.92854 after falling below the important levels of the exponential moving average (EMA). The meme coin has not been able to hold its position above the 50-day EMA ($0.90896) and the 200-day EMA ($0.90896), which is an
DOGE price is currently leading the altseason on the list of top ten cryptocurrencies. The meme coin has even left behind XRP and BNB despite recording decent them increases in their prices recently. Meanwhile, the pace for the BTC price has slowed down even though the flagship cryptocurrency dominates the
Avalanche (AVAX) has performed a remarkable feat, making a strong recovery that has drawn both technical analysts and crypto enthusiasts. Altcoin has risen about 10% over the past 24 hours as per the CoinMarketCap data, and is currently trading at a high of $28.76, which is a big breakout of
Mantle (MNT) is exhibiting a robust bullish trend on the daily chart, as the altcoin has broken major technical resistance levels and indicates a continued upward trend. As per CMC data, at present, with a price of $1.38, MNT has shot up about 16% over the past 24 hours, and
The PUMP token of Pump.fun has surged up by 29% over the last week to reach $0.0044 as the platform conducted the biggest weekly buyback in its history. The $12.19 million buyback between August 28 and September 3 was 98.23% of the weekly revenue on the platform, which reflects aggressive
