Ethereum ETFs Launch in US with $1 Billion First-Day Trading Volume
TLDR Spot Ethereum ETFs launched in the US on July 23, 2024, with nine funds trading on their first day....
Month: July 2024
Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy
A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power...
87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey Shows
A survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited knowledge of...
US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains
Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start...
Asian Markets Cashed out During Recent Gold Rally
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting...
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell,...
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its...
Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch
Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street....
India Maintains Crypto Tax Regulations in 2024/25 Budget
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They...
Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address
Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has...
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million....
Solana Meme Coin $TEA Is Brewing Success With Unique Staking and Swap Features
Solana meme coins are back in the headlines again, with new tokens making notable gains throughout the week. $TEA, the...
Grayscale Transfers $1 Billion in Ethereum Ahead of ETF Debut
TLDR Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot...
Ethereum Price Stable Above $3,500: Key Resistance Levels Ahead
TLDR Ethereum’s price is currently trading above $3,500 and the 100-hourly Simple Moving Average. There are key resistance levels at...
