The Securities and Exchange Commission (SEC) is considering a similar approach to approving spot Ethereum exchange-traded funds (ETFs) as it did for Bitcoin ETFs. Analysts at Standard Chartered Bank predict that the SEC will grant approval for spot Ethereum ETFs on May 23, which is comparable to January 10, the date Bitcoin ETFs were approved.
In a recent post on X, Coinbase CLO Paul Grewal expressed his dissatisfaction with the minimalistic legal filing from the U.S. Securities and Exchange Commission (SEC) regarding their decision to reject Coinbase’s petition for digital assets rules. Grewal urged readers to examine the administrative record to assess its completeness and adequacy. This article critically analyzes
In a recent Ask Me Anything (AMA) session on X, entrepreneur Mark Cuban shared his preferred cryptocurrency ventures beyond Bitcoin and Ethereum. Cuban highlighted Polygon and Injective, mentioning that he has invested in both. This endorsement from Cuban, who has a massive following, could potentially influence other investors to explore these projects. One of the
Cardano (ADA) has experienced a swift recovery in price, rising to $0.54 after hitting a 50-day low of $0.43 on January 23rd. This rebound has sparked optimism among speculative traders, who are placing bullish bets on further gains. After a sell-the-news cycle that caused the global crypto market capitalization to shrink by over $270 billion
The education landscape is undergoing a profound transformation with the advent of decentralized education, also known as DeEd. Unlike traditional education systems that rely on centralized authorities and physical institutions, DeEd leverages decentralized technologies to create a distributed network of learners, teachers, and educational resources. This groundbreaking approach overcomes geographical barriers and offers access to
Bitcoin’s reign as the leading NFT platform was short-lived, as Ethereum reclaimed the top spot this month. Data from NFT analytics platform CryptoSlam reveals a stark reversal in fortunes, with Bitcoin experiencing a drastic 60% drop in NFT sales compared to December’s record highs. Meanwhile, Ethereum has maintained a steadier pace with $328 million in
Binance, one of the leading cryptocurrency exchanges, has recently made a groundbreaking announcement. In a statement sent to CryptoSlate, a Binance representative confirmed that the platform is now offering institutional investors an opportunity to secure their trading collateral through a third-party banking partner. This newly developed solution, known as the “banking triparty” arrangement, has been
The European Securities and Markets Authority (ESMA) announced on Jan. 29 that EU-based crypto firms can provide services to non-EU customers in certain circumstances. However, this allowance, known as the reverse solicitation exemption, is limited and strictly an exemption, according to ESMA’s statement. It is important to note that this exemption does not enable companies
The much-anticipated debut sale of Taproot Wizards’ “Quantum Cats” Bitcoin NFTs faced significant technical issues on Monday, causing frustration and disappointment among users. This article will delve into the details of the problems encountered during the sale and explore the potential of projects like Taproot Wizards in the growing world of NFTs on the Bitcoin
The growing interest in spot Bitcoin exchange-traded funds (ETFs) has reached Hong Kong, as Harvest Fund Management’s Hong Kong branch has recently applied for approval of a spot Bitcoin ETF with local regulators. This move is part of Hong Kong’s preparations for its first wave of spot crypto ETFs, following the approval of similar funds