Terra Currencies Surge Amid SEC Settlement News
Cryptocurrencies linked to the Terra ecosystem have experienced notable gains following the announcement of a tentative settlement between Terraform Labs, its founder Do Kwon, and the U.S. Securities and Exchange Commission (SEC). The rejuvenated version of Terra’s cryptocurrency, LUNA, witnessed a 16.3% increase over the last 24 hours, currently trading at $0.69. Similarly, Terra Luna […]
Trump’s Libertarian Convention Speech Boosts Political Meme Coins
Former U.S. President Donald Trump’s appearance at the Libertarian National Convention might not have been warmly received by all attendees, evidenced by the heckling and jeering he faced, yet it notably invigorated the political meme coin market. Within 24 hours following his speech, the Trump-themed MAGA Hat (MAGA) cryptocurrency recorded a substantial surge of over […]
Ross Ulbricht Thanks Trump for Commutation Pledge
Silk Road founder Ross Ulbricht expressed his gratitude towards former U.S. President and 2024 presidential candidate Donald Trump for promising to commute his sentence on the first day of his potential second term. This pledge was made during Trump’s speech at the Libertarian National Convention on Saturday. Ulbricht, who has spent 11 years in prison, […]
Historic Green Light for Ethereum ETFs
In a significant shift in the cryptocurrency investment landscape, the United States Securities and Exchange Commission (SEC) has granted approval for spot Ethereum exchange-traded funds (ETFs), marking a pivotal moment months after initially greenlighting Bitcoin ETFs. This historic decision came on May 23, after a long period of minimal engagement with the applicants, signaling a […]
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 […]
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