Base meme coins surge up to 116% as SEC drops Ethereum investigation
Jun 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Base meme coins soared by two digits today after the SEC closed its Ethereum investigation without security charges, according to data aggregator CoinGecko. Despite the heavy price increases, the lack of daily trading volume signals how simple it still is to move meme coin prices.The new meme coin Farcaster Flower (FLOWER), which entitles itself as […]
Binance launches HODLer Airdrops for BNB holders
Jun 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Binance is launching HODLer Airdrops, an exclusive campaign for BNB holders who are currently subscribed to its Simple Earn yield program. The initiative will reward users with tokens from projects that have a large token circulating supply and are planning to list on Binance soon.According to Binance’s announcement, the campaign aims to engage small to […]
SEC’s scrutiny of USDC could derail Circle IPO plan: Barron’s
Jun 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Circle Internet Financial, the company behind the second-largest stablecoin USDC, is planning to go public through an IPO. But the SEC’s concerns about USDC could test its ambitious bid, said Barron’s, citing documents from the SEC.The documents show that the SEC’s Division of Corporation Finance engaged in nearly a year-long correspondence with Circle. The Commission […]
The SEC closes investigation into Ethereum 2.0, no securities charges against ETH: Consensys
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
The Securities and Exchange Commission (SEC) has wrapped up its investigation into Ethereum 2.0 and will no longer pursue legal action claiming that ETH sales are securities transactions, according to a recent announcement from Consensys. ETHEREUM SURVIVES THE SEC. Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: […]
US election meme coins slide as presidential debates loom: is now the time to buy?
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
The US presidential election-themed meme coins fell sharply with the recent crypto market downturn. Joe Biden-related BODEN fell 24% in the last 24 hours, while Trump-related MAGA and TREMP suffered downturns up to 43% and 36%, respectively. Experts shared that this might be a good entry point to speculate, but advise caution when betting on […]
BlackRock sees Bitcoin ETFs inflows mostly from ‘self-directed investors,’ not institutions
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
About 80% of Bitcoin ETF purchases since their launch in January have been made by “self-directed investors” through online brokerage accounts, said Samara Cohen, chief investment officer for BlackRock, the world’s largest asset manager.Wall Street veteran Jim Bianco, president of financial research firm Bianco Research notes that retail investors, often referred to as “paper hands,” […]
Hashdex files for joint Bitcoin and Ethereum spot ETF in the US
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Asset manager Hashdex filled in a joint spot exchange-traded fund (ETF) indexed to Bitcoin (BTC) and Ethereum (ETH) weighted by market cap, as reported by Bloomberg ETF analyst James Seyffart. The decision comes three weeks after Nasdaq withdrew Hashdex’s proposed Ethereum ETF, as reported by Crypto Briefing. The final deadline for SEC approval should be […]
21Shares appoints new VP key to BlackRock’s crypto ETF approval
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
21Shares US LLC today announced Federico Brokate as the new VP, Head of US Business. According to Bloomberg ETF analyst Eric Balchunas, Brokate was instrumental in bringing BlackRock’s crypto ETFs IBIT and ETHA to market. “Big-time hire by 21Shares, byproduct of their recent growth,” added Balchunas.According to the announcement, Brokate’s appointment aligns with 21Shares’ US […]
How to earn Bitcoin smartly?
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Bitcoin is one of the world’s most popular cryptocurrencies. Millions of people around the world want to ride the wave of profits that investing in Bitcoin can bring. Moreover, there are many ways to get it and earn it profitably, whether through mining, trading, or other methods. In this article, we’ll discuss a few strategies […]
Bitcoin dominance reaches 56%, showing cyclical performance trends over Ethereum
Jun 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
While Bitcoin’s price continues to trend downward, its dominance in the general crypto market has, in contrast, surpassed 56%.At the time of writing, Bitcoin is down 11% from its most recent all-time high. According to data from Glassnode, the level of dominance that Bitcoin is now displaying was previously observed earlier in April this year. […]