Jorg Hiller 24 Jul 2024 03:34 Sei, a fast, parallel EVM blockchain, is now integrated into Dune’s analytics platform, providing users with enhanced data insights and dashboard creation capabilities. According to dune.com, Sei, the highly anticipated high-speed parallel EVM blockchain, has been officially integrated into Dune’s analytics platform. This integration will allow users to access new levels of data insight and create detailed dashboards for the Sei network. Say’s unique proposal Sei combines the strengths of Solana and Ethereum by implementing a fast, parallelized EVM chain. It provides a highly optimized execution layer that…
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Analysts believe that the price of Ether could soar to all-time highs in the coming months after the first Ether spot Ether ETF (exchange-traded fund) is launched in the US. Traders believe that such a fund is “highly undervalued.”Spot Ethereum (ETH) ETFs began trading on July 23, a day after the U.S. Securities and Exchange Commission gave final approval to issuers including BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck, and Invesco Galaxy.In just 15 minutes after trading began, the ETF recorded an impressive trading volume of $120 million.ETH/USD 1-hour chart. Source: TradingView“The ETH ETF has crazy numbers. In the first…
The price of SOL has risen more than 12% over the last 7 days. Market indicators have turned bearish for the token. Solana (SUN) It successfully broke out of a major bullish pattern that suggests continued price gains in the coming days. In addition, indicators flashed a buy signal for SOL. Let’s take a look at what’s happening and assess whether SOL can continue its rally in the coming days. Solana’s bullish move CoinMarketCap’s data Solana’s price has increased by more than 12% over the past 7 days. However, the last 24 hours have seen a downtrend with the token…
Institutional cryptocurrency custodian Hex Trust has received in-principle approval for a Major Payments Institution (MPI) license in Singapore as it looks to expand its operations there.The company said in a statement shared with The Block that the Monetary Authority of Singapore has granted preliminary approval for an MPI license, which will allow the company to offer “digital payment token services,” namely “custody and OTC trading of DPTs” in Singapore.“We are excited to strengthen our presence in Singapore, a vibrant hub for fintech innovation and renowned for its excellent regulatory framework,” said Alessio Quaglini, Co-Founder and CEO of Hex Trust. Follow…
Lawrence Jengar 23 July 2024 17:45 Pantera Capital discusses the significant shift in the US government’s stance on blockchain, highlighting key regulatory changes and political support. Political Shift Towards BlockchainPantera Capital highlights a notable shift in the U.S. government’s stance on blockchain technology and cryptocurrencies, evidenced by recent comments from former President Donald Trump and other significant regulatory developments.According to Pantera Capital, many branches of the U.S. government have historically been hostile to blockchain. But sentiment appears to be changing. The firm points out that 93 million Americans own cryptocurrency, a demographic with significant…
Analysts believe that the price of Ether could soar to all-time highs in the coming months after the first Ether spot Ether ETF (exchange-traded fund) is launched in the US. Traders believe that such a fund is “highly undervalued.”Spot Ethereum (ETH) ETFs began trading on July 23, a day after the U.S. Securities and Exchange Commission gave final approval to issuers including BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck, and Invesco Galaxy.In just 15 minutes after trading began, the ETF recorded an impressive trading volume of $120 million.ETH/USD 1-hour chart. Source: TradingView“The ETH ETF has crazy numbers. In the first…
Inflows into BlackRock’s Bitcoin exchange-traded fund (ETF) have surpassed those into the “Magnificent Seven Stocks” in 2024, which could push the BTC price to $88,000 by September.BlackRock Bitcoin ETF Inflows Surpass ‘Magnificent 7’ StocksBlackRocks’ iShares Bitcoin Trust ETF has accumulated about $19 billion worth of Bitcoin (BTC) since the beginning of the year.According to Jeroen Blockalnd, founder of Blockland Smart Asset Fund, these “embarrassing” inflows are bigger than the inflows from the “magnificent seven” stocks in 2024. He wrote in a July 23 post to X:”That’s more than Invesco’s Nasdaq 100 ETF, which includes the overhyped Magnificent 7 stocks and…
Spot Ethereum exchange-traded funds (ETFs) attracted keen investor interest within the first 90 minutes of trading, with nine newly launched ETFs recording a combined trading volume of $361 million.Eric Balchunas, Bloomberg’s chief ETF analyst, shared early data on social media, noting that the ETFs are off to an impressive start, ranking in the top 1% of all ETFs by volume, similar to established funds like TLT and EEM.Grayscale’s ETHE led the pack with $147.8 million in volume, followed by BlackRock’s ETHA with $71.4 million and Bitwise’s ETHW with $50.4 million. Fidelity’s FETH also saw significant activity, recording $49.3 million in…
Spot Ethereum exchange-traded funds (ETFs) attracted keen investor interest within the first 90 minutes of trading, with nine newly launched ETFs recording a combined trading volume of $361 million.Eric Balchunas, Bloomberg’s chief ETF analyst, shared early data on social media, noting that the ETFs are off to an impressive start, ranking in the top 1% of all ETFs by volume, similar to established funds like TLT and EEM.Grayscale’s ETHE led the pack with $147.8 million in volume, followed by BlackRock’s ETHA with $71.4 million and Bitwise’s ETHW with $50.4 million. Fidelity’s FETH also saw significant activity, recording $49.3 million in…
Company • July 23, 2024 5:59 PM EDT Posted 1 minute earlier In ~ Happy Tuesday! In today’s Daily, Spot Ethereum ETF Launches in the US, Pudgy Penguins Raise $11 Million, Mt. Gox Bitcoin Is Moving Again, and More. Let’s begin.Spot Ethereum ETF launched. The SEC allowed eight issuers’ registration statements to become effective on Monday, meaning the first spot Ethereum ETF to begin trading in the United States is set to receive final approval by 9:30 a.m. ET on Tuesday. Six funds use Coinbase as their custodian. VanEck uses Gemini, while Fidelity stores its own ether. Spot Bitcoin…