In recent market developments, Ether (ETH) has seen a significant rally, sparking widespread optimism among investors regarding the potential approval of an Ether-based Exchange Traded Fund (ETF). This surge comes in the wake of increasing speculation that regulatory bodies may soon greenlight such financial products, which would provide a more accessible avenue for institutional and retail investors to gain exposure…
Month: September 2024
SEC Approves Spot Ether ETFs
The Securities and Exchange Commission (SEC) has recently approved the first spot Ether (ETH) exchange-traded funds (ETFs), marking a significant milestone in the cryptocurrency market. This move is expected to have substantial implications for both investors and the broader financial markets. Spot ETFs are a type of exchange-traded fund that holds the actual underlying asset, in this case, Ether, rather…
Core Wants to Launch a Bitcoin Yield ETF in US Within Five Years, Says Exec
Bitcoin staking Layer-1 network Core is planning to enter the U.S. exchange-traded fund (ETF) market within the next five years, according to Rich Rines, Initial Contributor to Core. “We brought the first yield-bearing ETPs to market earlier this year, and that was a feat no one else has matched,” Rines told Decrypt. “This is just the start of the institutional…
Crypto Prices Rise After Fed Interest Rate Cut, Market Sees New Optimism as Meme Coins like Memebet and ICOs Benefit
The crypto market has flipped bullish this week. Investors are bullish about yesterday’s interest rate cuts and the chance of a new bull run, so altcoins and meme tokens are in high demand. Crypto Market Flips Green After Fed Rate Decision Things are finally looking up for crypto traders. Yesterday afternoon, the Fed finally cut […] Source: https://news.bitcoin.com/crypto-prices-rise-after-fed-interest-rate-cut-market-sees-new-optimism-as-meme-coins-like-memebet-and-icos-benefit/
Kraken’s workforce: Forever remote-first – Kraken Blog Kraken Blog
While other companies struggle with return-to-office (RTO) mandates, it’s remote-first business as usual at Kraken. We’re building a borderless financial future in more ways than one. Our vision demands a workforce as free and flexible as the crypto we champion. We empower our employees (Krakenites) to shape their own careers — while they help shape the future of the global economy…
Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving […] Source: https://news.bitcoin.com/over-75m-ordinal-inscriptions-and-4-5b-in-sales-bitcoin-finds-its-nft-footing/
VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector
Ex TradFi guy VonMises has built up one of the best NFT collections on the planet by selling when he can, not when he has to. Source: https://cointelegraph.com/magazine/vonmises-cryptopunks-price-spike-nft-collector/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bulls target $64K BTC price hurdle as US stocks eye new record
BTC price performance finally attempts to catch up with risk assets as a Bitcoin renaissance takes over. Source: https://cointelegraph.com/news/bitcoin-bulls-target-64k-btc-price-us-stocks-new-record?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Louisiana Isn’t the Only US State to Accept Bitcoin Payments—Here Are the Others
The government of Louisiana has officially begun accepting cryptocurrency payments, making it the latest U.S. state to embrace digital currencies for state services. Louisiana State Treasurer John Fleming announced earlier this week that residents can now use a number of digital assets as payment for various state services. Residents can now pay using Bitcoin (BTC), the Bitcoin Lightning Network, and…
Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold […] Source: https://news.bitcoin.com/bitcoin-taps-63k-after-fed-rate-cut-sparks-market-rally/