Ripple’s Chief Technology Officer, David Schwartz, has recently addressed rumors regarding the company’s XRP sales. It was alleged that these sales were the reason behind the stagnant price movement of XRP. However, Schwartz has clarified that the figures showing Ripple’s monthly XRP sales tripling in December are inaccurate. He has assured that the upcoming XRP […]
The Securities and Exchange Commission’s (SEC) recent approval of spot Bitcoin Exchange Traded Funds (ETFs) has opened up the possibility of acceptance for other types of crypto funds. Asset managers who have been granted permission to launch Bitcoin ETFs are already proposing spot Ether funds. However, the next potential frontier for crypto ETFs could be […]
Ethereum Classic (ETC), currently the 21st largest cryptocurrency by market capitalization, has seen a significant increase following the announcement of the Bitcoin ETF. The value of ETC has soared above $31, reaching a yearly high of $31.99, which represents a remarkable gain of over 40%.The trading volume has also seen a dramatic increase, with a […]
Dogecoin is experiencing another surge, largely due to an announcement from social media platform X, previously known as Twitter. The platform has revealed its plans to implement a long-awaited payments system, which is expected to significantly impact Dogecoin’s price. The new system is set to go live in 2024.In a post by X Business, the […]
The United States Securities and Exchange Commission (SEC) has approved the listing and trading of 11 spot Bitcoin (BTC) Exchange-Traded Funds (ETFs). This decision, which narrowly avoided rejection, was supported by SEC Gary Gensler but opposed by Democratic-affiliated commissioners Caroline Crenshaw and Jaime Lizárraga. Following the announcement, Bitcoin’s price briefly surged above $47.7k, but has […]
Mizuho, a Japanese bank, is making strategic moves to expand its global dealmaking team. As part of this expansion, the bank has recently hired a UK investment banking veteran, Tim Waddell, to join its board. Waddell’s appointment comes as Mizuho seeks to grow its investment bank in Europe.Waddell, who has spent decades at large investment […]
Ethereum co-founder Vitalik Buterin has proposed a significant change to the Ethereum network’s gas limit. During a Reddit “ask-me-anything” session organized by the Ethereum Foundation’s Research Team, Buterin suggested raising the gas limit from its current 30 million to 40 million, a 33% increase. This proposal aims to address Ethereum’s evolving usage and adoption since […]
In a significant development, the United States Securities and Exchange Commission (SEC) has approved Bitcoin Spot Exchange-Traded Funds (ETFs). The majority of SEC officials voted in favor of the approval, marking a pivotal moment in the crypto space.The approval came on Wednesday, January 10, following a voting exercise by the SEC commissioners on the applications […]
Ethereum co-founder Vitalik Buterin has proposed a “modest” increase in the gas limit to improve the throughput of the Ethereum network. This suggestion was made during a Reddit ask-me-anything (AMA) session hosted by the Ethereum Foundation’s research team. Buterin pointed out that the gas limit has remained unchanged for nearly three years, the longest period […]
The Securities and Exchange Commission (SEC) has set deadlines for several applicants to receive a decision on their Ether ETF proposals. The competition among established financial giants like VanEck, ARK 21Shares, Hashdex, Grayscale, Invesco, Fidelity, and BlackRock underscores the growing demand for Ether ETFs and their potential impact on the cryptocurrency market.Ethereum ETFs are poised […]
