Democratic House Representative Ro Khanna has high hopes for the Biden administration to release a crypto regulation roadmap in the near future. Following discussions between the White House and industry leaders, Khanna expressed optimism about the potential for a positive statement with a roadmap towards reasonable regulation. He believes that these new regulations will not
admin
The US spot Ethereum ETFs saw a significant inflow of $4.9 million on Monday. Notably, Grayscale Ethereum Trust (ETHE) did not experience any withdrawals, marking a notable shift since its conversion to an ETF after 14 days of outflows. This positive trend in inflows showcases a growing interest in Ethereum among US investors. Monday’s trading
Sui (SUI) has experienced a remarkable 70% increase in price over the past week, reaching around $1. This surge was primarily attributed to the launch of Grayscale’s Sui Trust, which focused on investing in the underlying asset. The introduction of the Grayscale Bittensor Trust also contributed to the excitement surrounding SUI. Industry experts and analysts
Gala Games has recently implemented a new feature that allows users to log in to their platforms using their Telegram accounts. This Single Sign On (SSO) option aims to simplify the process of accessing Gala platforms, such as Gala Games, Gala Music, and Gala Film by eliminating the need for usernames and passwords. This move
The past week has been a rollercoaster for Ethereum (ETH), the second-largest cryptocurrency in terms of market cap. After experiencing a significant downturn that saw its price drop to $2,112, ETH has managed to stage a modest recovery, reclaiming the crucial $2,600 level. Now, all eyes are on the $3,000 milestone once again, as investors
The Unlighted Alpha NFT Mint Pass is not just any ordinary collectible; it serves as a key to unlock a treasure trove of early access privileges and exclusive content within the Unlighted universe. Holders of this pass are granted special benefits such as priority access to upcoming NFT whitelists, exclusive in-game items, and content that
An analyst, known as ‘Sensei’, recently shared an optimistic forecast for Bitcoin (BTC) on X (formerly Twitter). According to Sensei, Bitcoin has the potential to reach $72,000 in the near future. This prediction is based on a chart that outlines two parallel trend lines tracing Bitcoin’s recent price movements. Sensei believes that Bitcoin’s price could
The recent market downturn has presented an opportunity for investors, with Ethereum emerging as the clear winner. Data shows that Ethereum attracted $155 million in inflows over the past week, bringing its year-to-date total to $862 million. This surge can be attributed to the introduction of US spot-based ETFs, which have generated renewed interest in
The latest data from crypto asset manager CoinShares has revealed a significant comeback in the crypto market, with digital asset investment products seeing $176 million in inflows last week. According to James Butterfill, head of research at CoinShares, this surge in inflow signals strong positive sentiment across the board, particularly in Ethereum-based funds. Ethereum products
Coinbase, a prominent player in the cryptocurrency industry, has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). In a comment letter submitted to the SEC, Coinbase’s Chief Legal Officer, Paul Grewal, argued that the proposed rule is deeply flawed