The fate of a spot bitcoin exchange-traded fund (ETF) in the U.S. remains in limbo as the Securities and Exchange Commission (SEC) continued to delay decisions on several high-profile applications on September 28. The regulator postponed judgments on filings from financial giants BlackRock and Invesco, along with crypto asset managers Bitwise and Valkyrie. This marks…
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The asset management firm VanEck announced on Thursday that it plans to launch an exchange-traded fund (ETF) based on Ethereum futures contracts in the near future. The VanEck Ethereum Strategy ETF (EFUT) will invest in cash-settled futures contracts for ether, the native cryptocurrency of the Ethereum blockchain network. Amidst these current cryptocurrency ETF developments, what…
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PEPE has flashed signs of life after its drawn-out decline to three lol-month low on September 17. Its 16% dead cat bounce since the bottom has now run into stiff overhead resistance, however. With PEPE still languishing below its key 20-day EMA, traders are left on edge wondering if this bounce will reverse or if…
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After posting three consecutive months of gains, Rollbit Coin (RLB) suffered a dramatic reversal in September, with prices plunging 40% so far amidst declining trading volumes. With RLB hovering precariously near crucial support levels, investors are left asking whether this selloff marks a bottom or if the coin still has further room to fall in…
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Anticipation of a pause in interest rate hikes, spurred by the upcoming Federal Open Market Committee (FOMC) meeting on September 20, stimulated a marked increase in Bitcoin prices earlier today. Bitcoin rose over 3.4% to hit a September high above $27,400 after a stagnant weekend where it held the key $26,000 support level. Some analysts…
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After becoming the recipient of the largest accidental transaction fee in Bitcoin history last week, the F2Pool mining pool showed integrity by returning the 19.82108632 bitcoin, valued at around $510,000, to the Paxos exchange. On Sunday, September 10, Paxos attempted to transfer 0.074 bitcoin, worth around $2,000. However, due to a bug, the transaction fee…
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The market capitalization of cryptocurrencies is currently increasing by 1.24%, reaching $1.035 trillion on September 14, as per data from TradingView. This rise can be attributed to the gains witnessed by top cryptocurrencies like Bitcoin, Ethereum, and Solana, in response to the latest inflation data and increased speculation that the Federal Reserve may suspend interest…
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The Layer 1 blockchain protocol Aptos, founded by former Facebook employees, is preparing to release 20 million APT tokens in November according to data compiled by TokenUnlocks. With APT currently trading around $5.15, the token unlock is estimated to be worth over $103 million…. Read More: Is It Too Late to Buy Aptos? APT Price…
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Artificial Intelligence (AI) and cryptocurrencies are both prominent tech trends that have caught the public’s attention in recent years. Now, the intersection of these technologies has led to the development of AI crypto projects, which use specialized tokens as the working currency for AI platforms based on blockchain. These tokens offer users the ability to…
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Delaware Bankruptcy Court officials are expected to rule today on cryptocurrency exchange FTX’s request to liquidate up to $3.4 billion in digital assets. The potential sell-off has raised concerns about its possible impacts on the already struggling cryptocurrency market. Given this backdrop, what are the best cryptos to buy now? FTX seeks to sell off…
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