The U.S. Securities and Exchange Commission (SEC) delay The New York Stock Exchange (NYSE) announced on November 8 that it had decided to approve options trading for the Ethereum (ETH) exchange-traded fund (ETF). filing.The regulator noted that it needed additional time to review the proposal and assess its impact on the market. The decision concerns Bitwise’s ETHW, Grayscale’s ETHE and Ethereum Mini Trust, and BlackRock’s ETHA.The regulator had previously postponed the decision deadline for ETHW and ETHA to September 26, the first delay for a Grayscale fund.Last August, Bloomberg ETF analyst James Seyffart said the SEC’s decision regarding Ethereum ETF…
Author: Crypto Flexs
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Coinbase has launched trading support for the new native token of the Ethereum (ETH) layer 2 restaking protocol. Customers of America’s leading cryptocurrency exchange can now buy and sell SWELL, which launched on Thursday. SWELL is the governance token of the Swell Decentralized Autonomous Organization (DAO), which manages the development and growth of the restaking protocol. SWELL also protects the project’s layer 2 infrastructure. Explain the project white paper, “Swell’s mission is to create a more secure, decentralized, and transparent financial future for the world that does not discriminate or censor economic freedom. The beginning of Swell’s journey begins with…
Iris Coleman 7 November 2024 14:17 Cronos (CRO) Labs strengthens its strategic partnership with Google Cloud to accelerate the growth of the Cronos blockchain ecosystem through technology innovation, developer adoption, and startup support. Cronos (CRO) Labs, a prominent blockchain startup accelerator, announced a significant expansion of its strategic partnership with Google Cloud, according to Cronos. This enhanced collaboration aims to accelerate the growth of the Cronos blockchain ecosystem by leveraging Google Cloud’s technology and infrastructure. Google Cloud as a Cronos validator To enhance network security and stability, Google Cloud will join a pool of…
SWELL is likely to consolidate below $0.045 in the coming hours. Small market capitalization and high trading volume meant further gains. The SWELL cryptocurrency has risen above the short-term resistance level of $0.4 and has once again entered the price discovery phase. As a recently launched token, the optimistic sentiment across the market is likely to benefit the altcoin’s gains. The Swell cryptocurrency recently hit new highs. Source: SWELL/USDT on TradingView Since the token has been trading for a very short period of time, price action data is extremely limited. On November 7, SWELL remained below the $0.0393 level and…
Peter Jang November 9, 2024 03:10 From prediction markets to decentralized governance, discover the transformative potential of information finance to reshape fields like social media, science, and public goods financing. Information finance, a concept that goes beyond traditional prediction markets, is gaining attention as an innovative tool in a variety of fields including social media, science, and governance. Vitalik Buterin, the famous Ethereum co-founder who was originally interested in prediction markets, detailed the broader implications of information finance in a recent blog post, according to Vitalik.eth.limo. Evolution of Prediction Markets Prediction markets have historically…
Bitcoin surpassed $77,000 on Friday, November 8, hitting an all-time high for the second day in a row. Bitcoin (BTC) hit a new all-time high of $77,020 about 48 hours after Donald Trump won the U.S. presidential election and several pro-cryptocurrency policymakers were elected to Congress. With a market capitalization of $1.5 trillion, Bitcoin has now surpassed Mark Zuckerberg’s Meta to become the world’s ninth most valuable asset. The recent surge has pushed BTC’s annual growth rate past 118%. Over the past 30 days, Bitcoin has gained nearly 25% as seasonal trends and semi-annual data indicate an optimistic outlook. Over…
The recent price surge of GRASS, up 187.99% over the past 7 days, appears to have been fueled by the success of the airdrop and BTC’s new all-time high. These factors, along with the listing of GRASS on Binance Futures with up to 75x leverage, have created a wave of bullish momentum. However, the current RSI shows that GRASS is still in overbought territory, suggesting caution may be needed as buying pressure may weaken. GRASS RSI is above overbought level. GRASS’s RSI has surged significantly since the recent price increase, rising to 71.8 from 55 just two days ago. This…
Ethereum (ETH) recorded its biggest three-day return of 2024, surging 21% after President-elect Donald Trump was announced as the winner of the US presidential election. The rally also broke the altcoin’s indirect resistance of $2,800 and a 96-day long trend low consolidation range. Ethereum 3-day chart. Source: TradingViewWith the cryptocurrency community anticipating renewed strength, Ether has sent a strong buy signal based on its historical setup for 2023. Ethereum reflects a bullish setup for 2023.In 2023, Ethereum showed a downward trend between the second and fourth quarters, followed by a cumulative range (green box on the chart) in the third…
lawrence jenga 7 November 2024 15:19 Injective (INJ) and Fetch.ai have teamed up with the Artificial Superintelligence Alliance to advance AI-enabled finance on the Injective platform, taking a significant step forward in blockchain interoperability. In a notable development in the blockchain sector, Injective (INJ) has activated an Inter-Blockchain Communication (IBC) channel with the Artificial Superintelligence Alliance (ASI), a collaboration committed to enhancing AI-enabled finance through blockchain interoperability. According to Injective’s official blog, this partnership integrates Injective’s decentralized finance (DeFi) capabilities with ASI’s advanced AI technology. artificial superintelligence alliance The Artificial Superintelligence Alliance (ASI), formed…
Ethereum (ETH) is currently experiencing its biggest weekly gain since May 2024. While BTC’s momentum stalled in the past 24 hours, ETH price reached a quarterly high of $2,956, with fresh price action pushing the ETH/ETH price up 6%. BTC chart. With Ethereum briefly outperforming Bitcoin (BTC) for the first time in months, the altcoin-BTC pair has captured the market’s attention as a potential trend reversal. Ethereum has broken a 161-day bearish trend.The pivotal daily breakout on the Ether daily chart is one of the main reasons for the renewed interest in the ETH/BTC trend. Ethereum 1 day chart. Source:…