The cryptocurrency market is in turmoil as Bitcoin falls below the $55,000 support level! Mt. Gox repayment plan triggers chain reaction
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Inspired by Vitalik Buterin's vision for scalable Ethereum solutions, MegaETH aims to pioneer real-time blockchain technology, backed by a $20 million seed funding round featuring Buterin as an angel investor. Set for an upcoming public testnet launch, MegaETH promises to revolutionize transaction speeds and scalability in blockchain applications.
Cryptocurrency acceptance is growing among luxury retailers like Ginza Xiaoma, signaling a shift towards digital payments in high-end markets globally. Despite challenges, increased business adoption and regulatory developments suggest a promising future for crypto as a mainstream payment method.
Metallica's official X account was hacked to promote the Solana token METAL, making them the latest victim of celebrity meme coin scams. Rapper 50 Cent and wrestler Hulk Logan also joined the growing list of victims this month.
Solana's price has sharply declined over the past month amidst a broader market correction and rumours of a criminal investigation. Are these claims unfounded, or is the popular altcoin at significant risk?
Farcaster, a decentralized social media platform on Ethereum, boasts unique features like "Frames" and blockchain-based user control, backed by figures like Vitalik Buterin. Its meteoric rise to a $1 billion valuation and recent user engagement declines prompt scrutiny over its sustainability and dependency on venture capital.
The US Consumer Price Index (CPI) data for May showed that the inflation rate remained at 0.3%, surpassing market expectations. However, on an annual basis, it decreased from 3.4% in the previous month to 3.3%. This cooling trend has sparked optimism in the market.
'Rich Dad Poor Dad' author Robert Kiyosaki predicts Bitcoin will hit $350K by late August 2024, driven by his distrust of US leadership. Will this forecast crash and burn like some of his previous speculations?
Ethereum whale amasses $76 million profit, resumes accumulation amid spot Ether ETF anticipation. Institutional moves suggest growing confidence in ETH.
SEC Chairman Gary Gensler predicts slow progress for Ethereum ETF approvals. Concerns raised over cryptocurrency exchange practices may impact S-1 approval process. Regulatory scrutiny expected to increase, potentially causing delays.
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Is the decision politically motivated? What does this mean for the future of Ethereum? Will other leading blockchains benefit as well?
If an ETH ETF gets the green light, changes in the regulatory and political landscape could increase the chances of approval for the Solana ETF.
QCP said the forecast reflects the market reaction after the Bitcoin ETF spot was approved in January.
The big positive lines of BTC and ETH illuminated the market and brought hope to the cryptocurrency circle.
The market is digesting the news that the SEC rejected the first batch of spot Ethereum ETF applications.
On April 15, China Asset Management (Hong Kong) Co., Ltd., Harvest Global Asset Management Co., Ltd., and Bosera Asset Management (International) Co., Ltd. announced that they had obtained approval from the Hong Kong Securities and Futures Commission to issue ETF products that invest in Bitcoin and Ethereum spot.
After three days of trading, Bitcoin ETF volume is approaching $10 billion. Bitcoin is rising like never before and we are about to witness institutional FOMO reaching unprecedented levels.
QCP Capital report suggests Ethereum may outperform Bitcoin with the potential approval of an ETF. Market dynamics, including the 2024 US election and recent Bitcoin ETF approval, contribute to the evolving crypto narrative.
Hong Kong's Securities and Futures Commission and the Monetary Authority unveil guidelines for spot crypto ETF approval, emphasizing regulatory alignment, issuer qualifications, and collaboration with approved exchanges. These developments reflect Hong Kong's proactive approach to crypto regulation, aiming to meet global standards and protect investors.