Bill targeting illicit use of crypto passes US House
The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee. Go to Source
Month: July 2024
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range of investors. Hamilton Lane Leverages Solana for … Read more
Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch
Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon. Ether’s Bearish Sentiment Dominates Trading Day Amid ETF … Read more
This Top Solana Trader Says RCO Finance Is A Better Buy Than BONK and FLOKI, but Why
In crypto trading, top investors continuously seek the best opportunities for growth and profit. A leading Solana trader recently weighed in on the debate, asserting that RCO Finance (RCOF) offers a more compelling investment than popular coins Bonk (BONK) and Floki (FLOKI). This article delves into the reasons behind this bold claim, examining the unique … Read more
MOONHOP’s ROI Promise; Pre-ETH ETF Boost & ADA Effects
Analysts Advise Early Entry into MOONHOP’s Presale at $0.01; Insights on ETH ETF Debut & ADA’s Price Fluctuations The Ethereum ETF is scheduled to debut on July 23, which analysts believe will propel ETH prices to new peaks. This key event is poised to attract substantial institutional interest. Meanwhile, Cardano (ADA) remains stable at $0.4267, … Read more
Crypto traders say Ethereum ‘undervalued,’ expect spot ETH ETF to fuel new highs
Ethereum price has a muted response to today’s spot ETH ETF launch, but traders still expect Ether to hit new highs soon. Go to Source
Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder of Pointsville and former strategy … Read more
dYdX explores sale of derivatives trading arm
Selini Capital and Wintermute Trading are reportedly bidding on dYdX’s v3. The protocol’s v3 version was compromised on July 23. Go to Source
dYdX v3 compromised in an apparent DNS attack
An attacker appears to have installed a token-draining program on the official domain for dYdX version 3.0. Go to Source
Spot ETH ETFs launch — Are Ethereum derivatives traders positioned for upside?
The spot ETH ETFs are live, but how are pro traders positioned in the options market? Go to Source