The Securities and Exchange Commission (SEC) is expected to adopt a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, according to analysis conducted by Standard Chartered Bank. Geoffrey Kendrick, the head of forex and digital asset research at Standard Chartered Bank, predicts that pending applications for spot Ethereum ETFs
EA Sports has recently announced its intention to create a metaverse within its expansive gaming ecosystem. This ambitious vision aims to blend virtual sports experiences, interactivity, and community into a seamless digital realm. With over 700 million players, EA has the potential to revolutionize the gaming and technology landscape, providing a home for gamers and
The highly anticipated Launchpad XYZ has garnered significant attention in the financial market. With a successful presale that raised a staggering $2.79 million, Launchpad XYZ is now ready to introduce its unique Web3 portal and trading platform. This revolutionary platform aims to bring sophistication and trusted value to retail investors, changing the way they engage
Entrepreneur and billionaire Mark Cuban recently engaged in an Ask Me Anything (AMA) session on social media, where he shared his insights on various topics, including cryptocurrencies, non-fungible tokens (NFTs), and decentralized finance (DeFi). Let’s dive into Cuban’s thoughts and perspectives on these emerging technologies. Cuban’s Preferred Cryptocurrencies When asked about his preferred cryptocurrencies beyond
Cardano (ADA) has experienced a swift recovery, surging to $0.54 after reaching a 50-day low of $0.43 on January 23rd. This resurgence has sparked speculation among traders, who are betting big on further gains. As the global crypto market capitalization rebounded by $180 billion in the past week, optimism has spread throughout the altcoin markets.
Bitcoin’s reign as the leading NFT platform has come to a halt, with Ethereum reclaiming the top spot. As NFT sales on the Bitcoin network experienced a drastic decline of over 60% compared to the record highs witnessed in December, Ethereum maintained a steadier pace. According to data from NFT analytics platform CryptoSlam, Bitcoin’s NFT
In a world where accessibility and inclusivity are paramount, the importance of education cannot be understated. However, the traditional education system has long been plagued by geographical and institutional barriers, stifling the potential of learners and teachers alike. Enter the decentralized education movement, or DeEd, which harnesses the power of decentralized technologies to revolutionize the
In a breakthrough development, Binance, one of the leading cryptocurrency exchanges, has unveiled a solution that allows institutional investors to secure their trading collateral through a third-party banking partner. This innovative arrangement, called “banking triparty,” aims to address the primary concern of counterparty risk, which has been a significant consideration for institutional investors. After two
The demand for spot Bitcoin exchange-traded funds (ETFs) has been growing rapidly, and Hong Kong is not willing to be left behind. Harvest Fund Management’s Hong Kong branch has recently applied for a spot Bitcoin ETF with local regulators, signaling the city’s readiness to embrace this new investment avenue. As the first wave of spot
EU-based cryptocurrency firms have received new guidance from the European Securities and Markets Authority (ESMA) regarding their ability to serve non-EU customers. The guidance, released on Jan. 29, outlines the extent to which third-country firms can offer crypto-asset services to clients outside of the EU. This article will examine the implications of ESMA’s guidance and