As per the recent SEC filings, Fidelity has made the critical form submission of Form S-1 with the United States Securities and Exchange Commission (SEC) seeking consent to offer a spot Ethereum exchange-traded fund (ETF) with staking features. This registration is Fidelity’s first for the Ethereum ETF product. This was confirmed by Bloomberg analyst James […]
In a strategic business decision, Coinbase’s crypto exchange is now running half of its Ethereum validators on the new software. This is intended to prevent the Ethereum blockchain from being jeopardized by fatal flaws. It also symbolizes a large step forward in the journey to provide more options for execution clients on the Ethereum platform. […]
Several well-known crypto analysts are raising concerns over an unusual spike in activity from long-term Bitcoin holders. Crypto analyst CryptoCon highlighted that, there has been a significant increase in the number of old Bitcoins spent and transferred recently. This suggests that investors who have held Bitcoin for a long time are starting to sell. The analysts […]
Emin Gun Sirer, CEO of Ava Labs, the L2 lead has sounded the alarm to crypto investors on Layer 2 project risks. In a post on X, Sirer warned not to promote centralized systems or those with no security measures because these are not in line with the basic decentralized principle of blockchain technology. Hey […]
The Philippines’ Securities and Exchange Commission (SEC) is blocking local user access to Binance, the world’s largest cryptocurrency exchange, citing concerns over the firm’s unlicensed operations in the country. The ban will take effect within three months to offer investors time to sell any shares they may have acquired through Binance, according to a March […]
The Solana ecosystem has reached a major achievement by becoming this year’s top blockchain community, according to a new research report from crypto data firm CoinGecko. The report “What Are the Most Popular Blockchain Ecosystems?” uncovered a staggering 49.3% interest in specific blockchain narratives centered around the Solana ecosystem in a year to date. Top […]
The recent net outflows from Bitcoin ETFs appear to stabilize, even as redemptions persisted for five days as of March 23, 2024. However, the outflow magnitude moderated due to continued Bitcoin accumulation from institutional giants like BlackRock. According to analyst Thomas Fahrer, the world’s biggest asset manager, BlackRock, bought 12,500 bitcoins this week. Many experts […]
According to Whale Alert, an important shift in the XRP market has been seen by experts and investors alike, the well-known portal for tracking cryptocurrency transactions. As to their findings, Upbit, the top cryptocurrency exchange in South Korea, removed an astounding 30 million XRP coins, estimated to be worth $19 million. According to reliable cryptocurrency […]
The Securities and Exchange Commission (SEC) has postponed its decision to approve the Hashdex Nasdaq Ethereum (ETH) exchange-traded fund (ETF). If approved, the Hashdex ETF will hold spot Ether and futures contracts. In a notice filed on Tuesday, the SEC stated that it would extend its decision deadline to May 30, 2024. The SEC explained, […]