Several Bitcoin mining companies and Bitcoin-adjacent stocks fell along with the broader stock market on Thursday as spot approvals continued to unfold. Ethereum ETH +0.73% ETF.U.S. Securities and Exchange Commission late Thursday afternoon. 8 spot Ethereum ETFs approvedIncludes 19b-4 formats from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton.Hut 8’s shares led the decline, falling 10%, while competitors including Riot Platforms and Marathon Digital fell about 7.6% and 5.5%, respectively. MicroStrategy is considered by many to be a proxy for Bitcoin price. BTC -2.31% Supply decreased by 6.2%.Shares of several spot Bitcoin ETFs fell between 3% and…
Author: Crypto Flexs
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BlackRock’s spot Ethereum ETF, $ETHA, is now listed on DTCC after the SEC approved multiple Ethereum ETFs. The post BlackRock’s Ethereum Spot ETF Listed on DTCC under the ticker name $ETHA appeared first on Crypto Briefing.
The U.S. Securities and Exchange Commission (SEC) has approved the first Ethereum exchange-traded fund (ETF), marking a significant milestone for the cryptocurrency industry. The decision announced today will allow asset managers like Grayscale, Fidelity, and Bitwise to launch ETFs that directly track the price of Ethereum (ETH).Ethereum rose 2% on the news and was trading at $3,900 at press time, based on CryptoSlate data.Approval followed a rigorous application process and extensive market analysis. Grayscale’s Chief Legal Officer Craig Salm previously emphasized that the SEC had already addressed key issues in the approval process for the spot Bitcoin ETF, which also…
OpenAI – the symbol of AI safety According to a recent update on its official website, OpenAI, a leader in artificial intelligence research, is making significant progress in the field of AI safety. The company has always been at the forefront of advocating for responsible AI development, and our latest efforts further solidify this commitment. Systematic improvement of safety practices OpenAI is known for its commitment to ensuring that artificial general intelligence (AGI) can benefit all of humanity. As part of this mission, the organization continually works to enhance safety precautions. Recent updates indicate significant…
Stepn, a leading monetization game built on the Solana blockchain, has been expanding its social presence through new applications and new tokens since its launch nearly three years ago.FSL, the gaming and development studio behind the Stepn games, announced on May 23 the launch of Stepn Go, a new social lifestyle app that rewards daily movement and social interaction.With Stepn Go, users can now share their digital sneakers with friends and family who are new to the app, and even share their earnings. The app also enables key social features such as adding friends, messaging, avatars and more play options,…
XRP price started a new decline after failing near $0.5570. The price is now correcting its upward trend and could fall significantly if it breaks the 100-hours SMA. XRP struggled near $0.5570 and made fewer gains. The price is currently trading below $0.5350 and the 100-hour simple moving average. On the hourly chart of the XRP/USD pair, there is a bearish trendline connecting with resistance at $0.5320 (data source from Kraken). To avoid a sharp decline, the pair needs to stay above the 100-hour SMA. XRP price falls again After a steady rise, XRP price faced resistance near $0.5570. The…
New York, NY, May 24, 2024, ChainwirePlayFi, an AI-powered data network and blockchain tailored to the gaming industry, today announced plans to conduct a pre-sale of exclusive node licenses on its Polygon PoS network. This sales placement on the Polygon network marks PlayFi’s entry into the market and demonstrates its commitment to integrating blockchain technology into the traditional gaming world. “We believe that launching the pre-sale of node licenses on PoS marks a pivotal moment for how blockchain can play a role in creating new innovations in gaming,” said Franklin Mongiove, Head of Partnerships at PlayFi. “The blended vision of…
Happy Bitcoin Pizza Day! Today we celebrate Laszlo Hanyecz’s historic Bitcoin-Pizza trade. This was the first time Bitcoin was used as a currency to exchange physical goods. You can read Laszlo’s original bitcoin-for-pizza bitcointalk.org forum post here. This year, instead of focusing on Laszlo’s incredible opportunity cost (yes, 10,000 Bitcoins are currently worth about $700 million), let’s pay tribute to the incredible assets on both sides of this transaction. The aromatic appeal of freshly baked pizza and the first inspiration for interest in Bitcoin may seem completely different. But delve deeper into their boring, digital depths and surprising similarities emerge.…
Our weekly news roundup from East Asia selects the most important developments in the industry. Hong Kong regulators are considering spot staking for EtherETF. Hong Kong regulators are considering allowing the issuer of a cryptocurrency ETF in the East Asian city to stake Ether it manages. According to reports, discussions to approve ETH staking are currently underway, with no clear deadline for a decision. Once approved, staking on the Ethereum network will allow you to earn up to 3.6% per year with your transactions verified by the issuer. However, since its launch on April 30, the Hong Kong spot Ether…
Multipool partners with Mobilum to provide users with DeFi on/off ramp from Fiat – Chainwire housenewsroomMultipool has partnered with Mobilum to provide users with a DeFi On/Off ramp from Fiat. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…