The Chicago Board Options Exchange (CBOE) has officially announced the launch date for Spot Ethereum ETFs, setting the stage for five Spot ETH ETFs to make their debut in the cryptocurrency market. The confirmation came through a new issue notification on the CBOE’s website on July 19, indicating that the trading of Spot ETH ETFs
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In the month of June, trading volume on centralized exchanges experienced a significant decline of 21.8%, marking the third consecutive month of diminishing activity since March. The combined spot and derivatives trading volume across these platforms amounted to $4.2 trillion, down from a peak of $9 trillion recorded earlier in the year. The decrease in
In the midst of a crypto market recovery, Cardano holders find themselves in a precarious position. Data from IntoTheBlock reveals that Cardano is currently the worst performer in terms of profitability among the top 10 largest cryptocurrencies by market cap. This disappointing performance has left many long-term believers and investors in despair, as the profitability
MPC wallet provider Liminal recently stated that its infrastructure was not compromised during the hack of India-based crypto exchange WazirX. The firm released a detailed post-mortem report on July 19, attributing the breach to compromised devices within WazirX’s network. Liminal clarified in the report that its user interface (UI) was not responsible for the attack.
In a recent development, a US court has granted Binance US the permission to invest a portion of its customer fiat funds, currently held at BitGo, in US Treasury Bills. This decision comes after the exchange requested the court’s approval to invest around $40 million in $10 million increments over a span of four weeks.
The recent surge in Ethereum derivatives volume suggests that investors have little confidence in the Spot Ethereum ETFs, despite the imminent launch of these funds. Data from Laevitas reveals an annualized premium of 11% on Ethereum’s fixed-month contracts, indicating a lack of bullish sentiment towards ETH’s price. This lack of confidence is further highlighted by
Gods Unchained has been creating a buzz in the NFT gaming sector, standing out from its competitors with its unique gameplay and engaging player experience. The recent surge in activity on the platform is a clear indication of its growing popularity among gamers. The game’s native token, GODS, has also witnessed a significant price increase,
In a recent statement, Ethereum co-founder Vitalik Buterin cautioned against solely backing political candidates based on their pro-cryptocurrency views. While acknowledging the significance of support for the crypto industry, Buterin emphasized the importance of broader values such as individual freedoms and technological progress. By focusing solely on cryptocurrency advocacy, Buterin argued that the fundamental principles
DeFi Technologies, a Canadian fintech company, has been making waves in the crypto industry with its recent acquisitions and strategic moves. The company has been actively adding Bitcoin to its balance sheet, along with expanding into altcoins like Solana and CORE tokens. This article will delve deeper into DeFi Technologies’ recent acquisitions and explore the
BlockFi, the crypto lender that recently emerged from bankruptcy, has announced a significant step in its efforts to repay its clients. The company revealed that the first interim distribution of funds to clients through Coinbase will begin this month. This marks a major milestone in BlockFi’s journey towards rebuilding trust with its clients. Interim Distribution