Crypto Community Debates Ethereum ETF Approval on Polymarkets
The U.S. Securities and Exchange Commission’s (SEC) recent approval of eight spot Ethereum ETFs has sparked a new controversy in the cryptocurrency community, particularly over the definition of “approval.” This debate has become a focal point on Polymarkets, where over $13 million was wagered on the SEC’s decision to approve a spot Ethereum ETF by […]
Crypto Twitter Celebrates SEC’s Approval of Ethereum ETFs
The cryptocurrency community on Twitter erupted in celebration following the U.S. Securities and Exchange Commission’s (SEC) approval of eight spot Ethereum ETFs this Thursday. This jubilation comes on the heels of other significant achievements earlier this year, including the approval of the first Bitcoin ETFs in January and the passage of the Financial Innovation and […]
Ethereum ETF Approval: Modest Price Movement
Following the U.S. Securities and Exchange Commission’s (SEC) historic approval of eight spot Ethereum ETFs, the price of Ethereum has remained relatively stable, showcasing only slight fluctuations. According to CoinGecko data, Ethereum’s price briefly peaked at $3,856 immediately after the ETFs’ approval was confirmed but soon dipped to $3,771, stabilizing around $3,825 at the time […]
NEAR Protocol Launches NEAR AI
NEAR Protocol, a leading platform in decentralized cloud computing, has made a significant stride in the AI domain with the launch of NEAR AI, a new research and development lab focused on decentralized artificial intelligence. Led by Illia Polosukhin, co-founder of NEAR Protocol and co-creator of the influential Transformers AI architecture, this initiative aims to […]
Biden Administration Skeptical of FIT21 Crypto Bill
President Joe Biden has expressed opposition to the Financial Innovation and Technology for the 21st Century Act (FIT21), a significant cryptocurrency market structure bill set for a House vote this Wednesday. Although the President has not threatened a veto, his administration’s stance signals a cautious approach towards legislative changes in the crypto sector. The White […]
OpenSea Launches “Get Based” Series on Base
Coinbase’s Ethereum layer-2 scaling network, Base, continues to expand its influence, and OpenSea, a leading NFT marketplace, is set to showcase the network and its burgeoning community of artists with its upcoming “Get Based” series. This initiative will feature a sequence of digital artwork drops, either free or priced below $5, aiming to promote accessibility […]
Ethereum ETF Speculation Sparks Meme Coin Frenzy
In a dramatic twist to the crypto narrative, last week’s GameStop-induced meme stock hype has morphed into Ethereum ETF excitement, fueling a significant market rally—especially for meme coins. The spotlight shifted late Monday when Ethereum (ETH) surged by an astonishing 23% within hours, following renewed rumors about the potential approval of spot Ethereum ETFs. This […]
Bitcoin and Ethereum Surge Triggers Massive Short Squeeze
The cryptocurrency market has witnessed a dramatic price surge for Bitcoin and Ethereum, resulting in significant losses for short traders. According to data from CoinGlass, the past 24 hours have seen over $383 million in crypto liquidations, with shorts bearing the brunt at $297 million. This wave of liquidations affected more than 94,000 traders, with […]
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