The U.S. Securities and Exchange Commission (SEC) announced that it will postpone the review of various exchange-traded funds (ETFs) based on Ether (ETH) until May 2024. This is a big event for the cryptocurrency industry. There are several major exchange traded fund (ETF) offerings affected by this delay. These include the Grayscale Ethereum Futures ETF and the Hashdex Nasdaq Ethereum ETF. Delays and their impact A regulatory filing dated December 18 disclosed the SEC’s decision to extend review time for these exchange-traded funds (ETFs). The Hashdex Ether ETF, which seeks to hold both spot Ethereum and futures contracts, and Grayscale’s…
Author: Crypto Flexs
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7RCC, an environmental investment company, applied to open a spot Bitcoin (BTC) ETF. 7RCC has filed an application with the Securities and Exchange Commission (SEC) to create an ETF centered on environmental, social, and governance (ESG) principles. 7RCC’s ETF aims to build a carbon-neutral investment option in the cryptocurrency market comprised of 80% BTC and 20% carbon credit futures. ETF creation began 18 months ago and is awaiting suitable market and regulatory conditions to submit the application. Cryptocurrency exchange Gemini offers custody of the fund’s BTC, providing investors with an integrated approach to digital assets and environmental sustainability. Industry analysts…
Ubisoft’s upcoming battler game Champions Tactics: Chronicles of Grimoria its sold out Free Warlords NFTs In Minutes—And You’ve Already Seen It Sales $2 million According to CryptoSlam data, within hours of public issuance.After a limited pre-sale to select fans, the pixelated profile picture-style Warlords were released in less than 20 minutes during the collection’s free period. public mint This happened on Monday at 4 PM ET.NFTs are currently traded on secondary markets such as: open sea As of this writing, they cost roughly $600 each, or about 0.27 ETH. Currently, only 7% of the 9,999 NFTs are listed for sale.…
Coinbase recently announced that it is adding support for USD transfers in Singapore. Retail customers in the region can now transfer U.S. dollars between their Coinbase accounts using SWIFT. This provides easy access to USDC and the wider cryptocurrency market. As one of Best cryptocurrency exchange in SingaporeCoinbase’s USD support opens up tremendous opportunities for retail customers. The exchange already offered commission-free trading while buying or selling USDC via SGD. The introduction of commission-free USD trading provides users with easy access to USDC. Stablecoins are pegged 1:1 to the dollar, making them one of the most stable coins on the…
Dogecoin (DOGE) whales moved over 514 million tokens today, amid the recent resurgence of the memecoin to reclaim the $0.1 price zone thanks to a recent market-wide recovery. Whale Alert, a prominent cryptocurrency whale tracking resource, identified the recent transactions in a separate disclosure. The first and larger transaction occurred at 6:56 AM (UTC) today and involved 450 million DOGE worth $41.55 million at the time of the move. Due to insufficient information at the time of reporting, both the sending and receiving wallets are unverified. The recipient address recently offloaded all balances before receiving a large inflow. Since then…
Bitcoin (BTC) returned above $43,000 on December 19, following new news about the first spot BTC exchange-traded fund (ETF) in the United States.BTC/USD 1-hour chart. Source: TradingViewExpectations for Bitcoin ETF Still BoilingBTC prices recovered, pushing the market to a local high of $43,456 after the day’s close, according to data from Cointelegraph Markets Pro and TradingView.After starting the week on uncertain terms, BTC/USD quickly strengthened, closing the December 18 candle more than 5% above the day’s low.News later emerged that asset manager BlackRock, one of the first applicants to launch a spot Bitcoin ETF in the U.S., had changed its…
quick take Rio Development Inc., which backs Rio Network, has closed a seed funding round led by Polychain Capital, Blockchain Capital, and Breyer Capital. The Rio Network aims to redefine the Liquidity Re-Staking Token (LRT) and provide a user-friendly way to stake assets while maintaining liquidity. Led by seasoned founders and backed by renowned investors, Rio Network is poised to make waves in the cryptocurrency ecosystem. Rio Network aims to revolutionize the Liquid Restake Tokens (LRT) space. Rio Development Inc., the team behind Rio Network, today announced a significant leap forward in its journey by securing a seed funding round…
The widely respected cryptocurrency trader is predicting further rallies for smart contract protocol Avalanche (AVAX) and artificial intelligence (AI)-focused altcoin Fetch.ai (FET). pseudonymous analyst Altcoin Sherpa told his 201,600 followers on social media platform The trader shares a chart showing AVAX breaking resistance at $39 on the weekly chart. “AVAX: I don’t know why this is moving so hard, but it’s really amazing to see this among all the new Layer 1/Layer 2 available. AVAX has outperformed many hot, shiny new chains during this run. I think $55 and $60 are next.” source: Altcoin Sherpa/X As of this writing, AVAX…
November 1st Changelog: Version 1.83 Posted at 18:30h From the change log Maria Lobusova The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.83 characteristic Updated ticker volume settings to display pairs based on currency type. We’ve added a notification to the sign-up step for UK-based customers regarding personal account verification. improvement Update or add translations: Derivatives* Welcome Tour (Portuguese), Balance, Vietnamese Pulse Dates and Times Updated to add character limit error when adding withdrawal memo.Turkish Lira withdrawal transaction success message…
Posted 1 minute ago In ~ Crypto asset manager 7RCC has applied for a position offer. Bitcoin exchange traded fundIt joins the ranks of major asset managers applying to the U.S. Securities and Exchange Commission to offer such ETFs.In a proposed preliminary prospectus filed in S-1 on Monday. filing7RCC said the fund’s investment strategy is to hold a combination of Bitcoin and financial instruments to gain exposure to carbon credit futures. “The fund’s investment objective is to reflect daily movements in the price of Bitcoin and the value of carbon credit futures, represented by Vinter. Bitcoin BTC +5.11% Carbon Credits…