Spot Ethereum ETF Launch: Investors Brace for Possible ‘Sell the News’ Effect

Spot Ethereum ETF Launch: Investors Brace for Possible ‘Sell the News’ Effect

Following weeks of adjustments to registration statements, several spot Ethereum ETFs have been approved and will start trading on Tuesday. Ether’s price has not experienced any significant changes so far. Kaiko suggests that in the coming days, the crypto asset will likely be “sensitive” to inflows from spot ETFs, especially given the tepid demand for […]

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Floki’s Valhalla Joins as Associate Sponsors for India’s Tour of Sri Lanka

Floki’s Valhalla Joins as Associate Sponsors for India’s Tour of Sri Lanka

[PRESS RELEASE – Miami, Florida, July 23rd, 2024] FLOKI, the cryptocurrency ecosystem, announced today that Valhalla, a MMORPG (Massively Multiplayer Online Role-Playing Game) spin on the classic Creature-Collection adventure, will be the Associate Sponsor for India’s Tour of Sri Lanka. This partnership will give Valhalla significant visibility through mid-wicket pitch mats, ground LED boards, backdrops,

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Ripple (XRP) Dominates Ethereum (ETH) on This Front: Details

Ripple (XRP) Dominates Ethereum (ETH) on This Front: Details

TL;DR According to Google data, Ripple’s native token has recently enjoyed a rise in worldwide interest, in addition to charting double-digit weekly price gains. The ongoing legal battle between Ripple and the SEC may be nearing a resolution, with some experts predicting a settlement before the end of the summer. XRP’s Achievement Ripple’s XRP has

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Fairspin Introduces Innovative Play to Earn and Hold to Earn Programs

Fairspin Introduces Innovative Play to Earn and Hold to Earn Programs

[PRESS RELEASE – Willemstad, Curacao, July 23rd, 2024] The Fairspin iGaming platform has launched the Play to Earn and Hold to Earn programs, offering users opportunities for additional cryptocurrency rewards. Digital currencies have moved beyond being mere buzzwords, providing unique advantages over traditional payment methods. The integration of cryptocurrencies has significantly impacted the iGaming industry,

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BTC Price Retraces After Hitting 6-Week High, AVAX Skyrockets 11% Daily (Market Watch)

BTC Price Retraces After Hitting 6-Week High, AVAX Skyrockets 11% Daily (Market Watch)

Bitcoin’s price reacted in a positive manner after President Joe Biden’s decision to quit the 2024 presidential race and pumped to a multi-week peak of over $68,000. The altcoins were also quite volatile after the announcement, but AVAX has emerged as the top performer on a daily scale. BTC’s Wild Weekend Ride The primary cryptocurrency

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Ripple v. SEC Lawsuit Update July 22nd

Ripple v. SEC Lawsuit Update July 22nd

TL;DR Speculation about a Ripple-SEC settlement has risen due to an agency-closed meeting on July 25. Ripple CEO Brad Garlinghouse and lawyers suggest a settlement could happen soon, with the regulator lowering its fine demand, indicating potential progress. A Possible Settlement or Just Rumors? The legal spat between Ripple and the US Securities and Exchange

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Six Things to Watch for Crypto Market Impact This Week

Six Things to Watch for Crypto Market Impact This Week

Crypto markets have made gains over the weekend, with total capitalization hitting a six-week high. All eyes are on PCE inflation data this week as it is the Federal Reserve’s preferred inflation measure and could influence a rate cut decision set for September. Additionally, a big shake-up in the U.S. presidential election race as Joe

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Massive Meme Coin Volatility as Joe Biden Quits US Presidential Race: Details

Massive Meme Coin Volatility as Joe Biden Quits US Presidential Race: Details

TL;DR President Joe Biden said he will not compete in the US presidential elections, endorsing vice president Kamala Harris as the Democratic nominee, with significant party support. The disclosure caused volatility in the cryptocurrency market, with Biden-related meme coins dropping and a Harris-related token surging by nearly 90%. The Biden Effect The current President of

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Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong

Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong

Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million, worth around $399,000, in crypto assets by offering him three bundles of counterfeit HK$1,000 banknotes. The officers reportedly confiscated 10,978 fake HK$1,000 banknotes during a raid on the Mong Kok office, where the fraudulent transaction took

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State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report

State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report

State Street Corp., a Boston-based major player in traditional finance, is exploring the launch of its own stablecoin and tokenized deposits to improve payment settlement using blockchain technology. According to a Bloomberg report on Wednesday, the bank has been actively making efforts to integrate into the crypto space. State Street Is Pushing for Digital Expansion

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