Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2

Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings. The analyst believes there is a decent chance the SEC … Read more

BlockDAG Cloud & Hardware Miners vs DOT & Bitcoin Cash News

BlockDAG’s X1 Beta App & Mining Rigs Poised For 20,000x Gains Amid Shaky DOT & Bitcoin Cash Outlook Amid the uncertain climate with Polkadot (DOT) facing resistance at $7.5 and Bitcoin Cash (BTC) recording a modest 2% gain, BlockDAG emerges as the premier cryptocurrency investment. Following an impressive 1,120% increase in its value, BlockDAG has … Read more

New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additionally, Gemini is now banned from operating any crypto lending program in … Read more

SEC Acknowledges ProShares’ Spot Ethereum ETFs Filing, But What’s The Holdup With Trading?

The US Securities and Exchange Commission (SEC) recently acknowledged ProShares’ application for an Ethereum spot exchange-traded fund (ETF) by posting it on its website. However, investors might find more lucrative investment opportunities during this time in platforms such as ETFSwap (ETFS), which is expected to be the first platform to allow trading of Spot Ethereum … Read more

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%

Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum Lead Sales Volume In the previous week, NFT sales had risen … Read more

Rapper Lil Pump Gets Dual Solana-Themed Tattoos

Gazzy Garcia, also known as Lil Pump, his professional rapper name, surprised his over 15 million followers on Instagram and X by posting pictures showing two new Solana-themed tattoos. The first featured the stylized name of the Solana blockchain on his forehead, while the second depicted the logo of one of the most popular Solana … Read more

Despite Crypto Market Downturn, TON Achieves All-Time High

While bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to $20 billion. TON Defies Crypto Market Slump, Reaches New Peak … Read more

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade, which launched the network’s innovative adaptive block size limit. BCH Bliss 2024: A … Read more

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies and prominent crypto players like FTX. Compliance Concerns Trigger Regulatory Action Against Evolve Bank Evolve Bank … Read more

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