The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the…
Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at approximately $15 million as of June 25, 2024. Marathon Digital Diversifies With Kaspa Mining, Adds $15 Million in Assets…
What drives investors to seek out fresh chances in the volatile world of cryptocurrency? The techniques of seasoned investors change with the times, particularly in terms of spotting presales with until unheard-of scalability and profitability. This changing tendency moves towards platforms providing not only development but also real, profitable staking choices. This change makes MoonBag…
The Supreme Court ruled on Thursday that the U.S. Securities and Exchange Commission (SEC)’s use of in-house proceedings to impose civil penalties for securities fraud violates the Seventh Amendment’s right to a jury trial. The case arose from the SEC’s action against George Jarkesy Jr. and his firm, Patriot28 LLC, for alleged securities fraud. The…
Zooming in on the latest market fluctuations affecting assets, the continued bearish trends are evident. Avalanche faces a bearish outlook, breaking several support levels and suggesting further declines amid market volatility. In contrast, BNB Chain has implemented a significant fee reduction with its Haber hard fork, enhancing network attractiveness and potentially boosting the BNB token…
Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental sell-offs. QCP Capital Foresees Bitcoin Holding $60K Line, Despite Recent Market Pressures In…
The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC…
Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum, and stablecoins, solana now boasts the highest daily trade volume among all other crypto assets on market aggregation platforms. Vaneck’s ETF Filing Catalyzes Increase in…
TLDR Andromeda and Injective have announced an integration to accelerate DeFi adoption The partnership aims to enhance cross-chain capabilities and streamline asset management A key objective is to implement tokenized asset management within a unified trading platform The integration will allow developers to create new DeFi applications leveraging both ecosystems Andromeda’s Operating System (aOS) has…
Pepe-themed meme coin Smidge is exploding today with its price up over 150% in the last 24 hours. Meanwhile, a Pepe-focused layer 2 cryptocurrency, Pepe Unchained, is turning heads after raising almost $1M through the first week of its presale. Let’s dive into these two meme coins and see what’s behind their rapid rises. Smidge…