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CME XRP Futures will go live in May with two larger-sized and micro versions. XRP consolidated above $2 after recent recovery; what’s next? The Chicago Mercantile Exchange (CME) announced it will launch XRP futures on the 19th of May, sparking optimism of potential market expansion for the altcoin. According to the Exchange’s statement, the products will be settled in USD but have two categories: larger-sized XRP futures (50,000 XRP) and micro XRP Futures (2,500 XRP). Futures are financial instruments that allow parties to buy or sell assets at a set price on a specified future date. It’s mainly used for…
BlackRock’s iShares Bitcoin Trust (IBIT) will become the world’s largest ETF within 10 years, Strategy Chairman Michael Saylor predicted at the Bitcoin Standard Corporations Investor Day in New York. The bold forecast comes as U.S. spot Bitcoin ETFs recorded $442 million in net inflows on Thursday, pushing Bitcoin above $95,000. IBIT, which currently manages $54.2 billion in assets, would need to surpass the Vanguard S&P 500 ETF (VOO), which holds approximately $573.5 billion. BlackRock’s ETF has demonstrated remarkable momentum, accumulating $1.16 billion in Bitcoin purchases over just three days: $193.5 million on April 22, $643.2 million on April 23, and…
The U.S. Securities and Exchange Commission has pushed back decisions on Bitwise’s Bitcoin and Ethereum ETFs as well as Canary Capital’s Hedera ETF, citing the need for more time as it navigates a surge in ETF filings. According to filings dated April 24, the SEC has delayed decisions on Bitwise’s Bitcoin (BTC) and Ethereum (ETH) ETFs as well as well as Canary Capital’s Hedera (HBAR) ETF, with the new deadlines set to June 10 and June 11, respectively. In both filings, the SEC cited the need for additional time to thoroughly review the proposals and consider public comments. This wave…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Fluid Vault 686.52 ETH 4 ethereum View 2 Courtyard.io 310.46 ETH 10370 polygon View 3 CryptoPunks 245.37 ETH 4 ethereum View 4 Liberty Cats 135.56 ETH 16 polygon View 5 Bored Ape Yacht Club 99.83 ETH 7 ethereum View 6 Vegetable flowers 93.53 ETH 1011 polygon View 7 Pudgy Penguins 88.11 ETH 9 ethereum View 8 Mutant Ape Yacht Club 80.09 ETH 27 ethereum View 9 SMB Gen2 0.00 ETH 53 solana View 10 Good Vibes Club 70.11 ETH…
$SUI, the Sui blockchain’s native crypto token, has recently seen a remarkable surge of 60% over the past seven days. As per the data from Lookonchain, the massive surge in $SUI’s price has been led by the aggressive on-chain activity along with a growing investor interest. The on-chain analytics provider took to social media to provide the details of $SUI’s latest bullish outlook. The $SUI price has surged by 60% in the past week.What is driving the rise of $SUI?TVL has increased by 38% in the past week to $1.645B.DEXs Volume(24h) has reached $599M, a 177% increase from last week.Stablecoins…
The CEO and founder of Ark Invest criticized the president’s controversial trade policies, saying that Trump’s tariffs “have created turbulent times.” Ark CEO Slams Trump’s Tariffs, but Remains Bullish on Innovation Cathie Wood, CEO, chief investment officer, and founder of Ark Invest, a Florida-based investment firm with nearly $7 billion in assets under management (AUA), […]
The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030.Blockchain remains one of the smallest sectors in the tech industry, with about 300,000 global jobs, compared to 1.5 million in AI and machine learning and 25 million in software development, according to a new Bitget Research report shared with Cointelegraph.The blockchain sector added around 20,000 new jobs in 2024, according to job listings aggregated from platforms like LinkedIn, Web3 Jobs and Crypto Job List.Total workforce in tech industry. Source: Bitget ResearchWhile blockchain-based jobs had an average compound…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…
Web3 grand strategy MMO Star Atlas has partnered with Twitch add-on layer Shaga to launch a $100,000 USD Creator Campaign, with rewards in $ATLAS tokens, Star Atlas Ship NFTs, and Shaga’s GLOB points.To qualify for the campaign, creators must use Shaga during a Twitch livestream of Star Atlas to allow a viewer to take over their gameplay. By sharing these “Shaga in Action” clips, creators can qualify for the upcoming Creator Campaign – and a share of the $100,000 prize pool on offer.Qualification is open until 23:59 PST on April 22, with the $100,000 Creator Campaign to be held from…
Polygon Labs CEO Marc Boiron called for a fundamental shift in how decentralized finance (DeFi) protocols manage liquidity, labeling the sector’s ongoing liquidity crisis as “self-inflicted.” In an exclusive interview, Boiron outlined Polygon’s vision for sustainable DeFi, emphasizing chain-owned liquidity and transparent economic models as the path forward.Boiron criticized DeFi protocols for fueling a cycle of “mercenary capital” by offering sky-high annual percentage yields (APYs) through token emissions. “It’s just renting liquidity; it’s not real loyalty,” he told Cointelegraph, noting that such strategies lead to fleeting liquidity that vanishes when yields drop or token prices falter. This reliance on short-term…
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