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Crypto firms are now waiting to hear back on 72 active applications for new crypto-related exchange-traded funds (ETFs). James Seyffart, an ETF analyst at Bloomberg Intelligence, compiled the list of submissions to the U.S. Securities and Exchange Commission (SEC). ETFs awaiting approval include funds tied to Solana (SOL), XRP (XRP), Sui (SUI), Litecoin (LTC), Axelar (AXL) Hedera (HBAR), BNB, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Aptos (APT), Chainlink (LINK), Pudgy Penguins (PENGU), Official Trump (TRUMP), Melania (MELANIA) and Bonk (BONK). Other potential new ETFs are tied to a basket of currencies, and a few are based on Bitcoin (BTC) and/or Ethereum (ETH), assets that have already…
U.S. lawmakers are rallying behind new SEC leadership, fueling explosive optimism for a regulatory overhaul that unleashes digital assets, drives innovation, and supercharges markets. New SEC Chair Paul Atkins Sparks High Hopes for Digital Asset Revolution U.S. lawmakers are eager to work with the new chairman of the U.S. Securities and Exchange Commission (SEC), Paul […]
Citadel CEO and ARTnews Top 200 Collector Ken Griffin said the US is “eroding” its brand right now due to many of the economic policy changes being made during President Donald Trump’s first 100 days in office. “America rose beyond being a country, it was like an aspiration for most of the world, and we’re eroding that brand right now,” Griffin said during an interview with Semafor senior editor Gina Chon during the media organization’s World Economy Summit in Washington, D.C., on April 23. The event was virtually broadcast on the social media platform X. Related Articles Griffin said that…
Bitget Wallet has just introduced MemeX, a tool designed to make it easier for meme coin traders to discover coins with the potential for 100x gains. This new feature allows enthusiasts to find promising meme coins in real-time, using advanced filters to track and select coins based on liquidity, market cap, and trading volume. MemeX also comes with a 15-day challenge, offering a $25,000 prize for users who identify the most promising coins. Initially, it supports Solana and BNB Chain, with plans to expand to additional blockchain networks soon. A key feature of MemeX is its real-time coin discovery tool,…
Twenty One Capital, a new Bitcoin treasury company led by Strike founder Jack Mallers with the support of Tether, SoftBank and Cantor Fitzgerald, is looking to supplant Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.”Twenty One revealed it plans to launch with 42,000 Bitcoin (BTC) (worth $3.9 billion) with roughly 23,950 BTC coming from Tether, 10,500 BTC from Softbank and 7,000 BTC from Bitfinex, which will be converted into equity at $10 per share, according to an April 23 statement.The firm is seeking a public listing via a blank-check merger with Cantor Equity Partners…
A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset. Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time of the staking, Solana tokens were worth around $27, which means the trader spent about $27 million to execute the play. Four years later, the whale’s total staked Solana holdings have reached 1.29 million. With Solana appreciating to about $140, the whale’s holdings have increased in value to about $180 million. On April…
Despite the modest crypto market recovery, the NFT market sales volume has dropped by 4.7% to $95.9 million. Bitcoin (BTC) has recovered to the $85,000 level. At the same time, Ethereum (ETH) has shown a modest 2.4% recovery in the last seven days and is hovering at the $1,600 level. The global crypto market cap is now $2.69 trillion, up from last week’s $2.63 trillion. Surprisingly, while sales are down, market participation has surged with NFT buyers increasing by 96.6% to 252,354. NFT sellers have also grown by 79.2% to 153,892. NFT transactions have also risen by 10.4% during this…
Zora, an NFT-based social network platform, is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder, said on Chain Reaction. Not to be confused with Sora, the text-to-video tool offered by OpenAI, Zora aims to help creators, brands and artists better monetize their content through NFTs. Last month, Zora had “just under” half a million monthly transacting users and in the last 30 days, creators on Zora made over $1.3 million by posting their content, Goens said. We also posted this episode with Goens on Zora, check it out here. The Zora…
Aave bulls have made modest gains over the past two weeks. Traders would have a buying opportunity in case of an AAVE dip to the $150 level. Aave [AAVE] witnessed a slow but steady growth in Total Value Locked (TVL) over the past few days. This implied increased investor confidence and more capital deposited in Aave’s smart contracts. The Aave team has set aside $50 million annually to buy back AAVE from the market, which could also help shore up investor confidence. On the back of this news, as well as the market-wide rally of the past week, the altcoin…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Cardano price is showing strong signs of a breakout, with a technical analyst pointing to a massive 300% explosion on the horizon. If the current pattern holds, ADA could be gearing up for a major bullish impulse that…
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