Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan

Advertisements There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said. Recent news that the U.S. Securities and Exchange Commission (SEC) is investigating companies associated with the Ethereum Foundation is consistent with the view that there is no more than a 50% chance of spot ether (ETH)Continue reading “Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan”

Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving

Advertisements “There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk. Bitcoin’s (BTC) much anticipated halving event later this month could see a flurry of bets on related networks and ecosystem tokens, with traders expecting upside on both technical and meme coin projects. Halving reducesContinue reading “Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving”

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters

Advertisements Hong Kong’s regulators have sped up the approval process, according to a Reuters report. Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds (ETF) next week, making it possible that the products could be ready to start trading in April, Reuters reported, citing two people familiarContinue reading “Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters”

Bitcoin’s Bullish Quarter Eases Retail Skepticism: Deutsche Bank

Advertisements While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear. Retail investors became more positive about cryptocurrencies during the first quarter, according to a March survey by German lender Deutsche Bank (DB). “Consumers have become more positive on cryptoContinue reading “Bitcoin’s Bullish Quarter Eases Retail Skepticism: Deutsche Bank”

Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins

Advertisements Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said. Countries need to make their regulatory frameworks for stablecoins consistent with one another, the Financial Stability Institute (FSI) warned in a report published Tuesday. The FSI, jointly created by theContinue reading “Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins”

Solana Meme Coin Generator Pump on Track for $66M Yearly Revenue

Advertisements The tool has made over $5 million since going live in early March, with thousands of tokens issued daily. Selling shovels in a gold rush was one of the surest ways to make profits, and it’s no different today in the digital asset world. Pump, a meme coin generator platform, has earned over $5Continue reading “Solana Meme Coin Generator Pump on Track for $66M Yearly Revenue”

ENA Rises 15% as Ethena Labs Increases Staking Rewards

Advertisements The initial lock cap has been set at $200 million and will be adjusted to increase over time. ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of “season 2,” which includes a 50% increase in rewards for a portion of users. The token is currently trading atContinue reading “ENA Rises 15% as Ethena Labs Increases Staking Rewards”

Prudential Việt Nam bền bỉ và kiên định với mục tiêu kinh doanh có trách nhiệm

Advertisements Trong bối cảnh thị trường bảo hiểm đối mặt nhiều yếu tố không thuận lợi, Báo cáo Tài chính của Prudential cho thấy những kết quả tích cực, thể hiện hoạt động vận hành và đầu tư hiệu quả, đảm bảo vai trò đối với nền kinh tế và thực thi trách nhiệm đãContinue reading “Prudential Việt Nam bền bỉ và kiên định với mục tiêu kinh doanh có trách nhiệm”

HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda

Advertisements “HashKey Group aims to establish one of the world’s largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges,” said Livio Weng, COO of HashKey Group. The HashKey Group, an Asian firm offering digital asset services, has launched the HashKey Global exchange after being granted a license in BermudaContinue reading “HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda”

Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross

Advertisements A death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum. Technical analysis is flashing several warning signals to alternative cryptocurrency (altcoin) bulls, with the ether-bitcoin (ETH/BTC) ratio dropping below a support level and on the verge of falling into an ominousContinue reading “Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross”

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

Advertisements The broker cut its price target to $14 from $17.50 while maintaining its buy rating. Bitcoin (BTC) miner Hut 8 (HUT) is a much more diversified company with multiple revenue streams following the completion of its merger with US Bitcoin Corp. (USBTC) at the end of last year, broker Canaccord Genuity said in aContinue reading “Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord”

Crypto Exchange Bitget Joins Meme Coin Hype, Issues Token That Rises 14,000%

Advertisements The token’s rise comes alongside a wave of trading volume. A meme coin issued by cryptocurrency exchange Bitget has surged by more than 14,000% to a $31 million market cap hours after being released. The ticker for the token, which was issued on Base network, is MOEW, and it is currently trading at $0.0028Continue reading “Crypto Exchange Bitget Joins Meme Coin Hype, Issues Token That Rises 14,000%”

UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT

Advertisements The DSS will last five years and could lead to a new regulatory regime for securities settlement. The Bank of England (BoE) and the Financial Conduct Authority (FCA) started a consultation on the draft guidance for their digital securities sandbox, which is designed to allow participants to test distributed ledger technology (DLT) in financialContinue reading “UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT”

Bitcoin Lightning Exchange FixedFloat Sees ‘Suspicious’ Transfers of $3M to Ethereum, Tron

Advertisements The website was down for “technical work” as of early European afternoon hours Tuesday. “Suspicious” transactions totaling over $3 million were sent out of Bitcoin Lightning-based exchange FixedFloat in the past 24 hours, security firm CertiK told CoinDesk in an email. CertiK said funds were moved in ether (ETH) and tether (USDT) to walletsContinue reading “Bitcoin Lightning Exchange FixedFloat Sees ‘Suspicious’ Transfers of $3M to Ethereum, Tron”

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