The meme coin PEPE has been one of the best performing cryptocurrencies over the last week, and a pseudonymous crypto analyst has predicted a meteoric rise for the PEPE price that could see it reach triple digits. The analyst points to a falling wedge pattern that has been forming for the cryptocurrency over the last […]
UBS Asset Management has announced the launch of a “tokenized money market fund” pilot program on Ethereum (ETH). The pilot program, led by the Monetary Authority of Singapore (MAS), uses UBS Tokenize, the company’s in-house tokenization service, to manage fund subscriptions and redemptions through a smart contract. This initiative is part of UBS’s global strategy […]
Nine Ethereum futures exchange-traded funds (ETFs) became available for trading on the Cboe exchange on October 2. Six asset managers, Valkyrie, VanEck, ProShares, Bitwise, Kelly, and VolShares, are offering the nine funds. Four of the ETFs invest in a combination of Bitcoin futures and Ethereum futures, while the other five invest solely in Ethereum futures.Bloomberg […]
Luke Gromen, a veteran macro investor, believes that both Bitcoin (BTC) and gold can benefit from the mounting fiscal issues in the US economy. Gromen believes that the Federal Reserve’s quantitative easing and other measures will create an environment where assets such as gold, oil, and BTC can thrive. He also believes that gold and […]
The federal appeals court for the District of Columbia recently ruled in favor of Grayscale Investments in their attempt to turn their Grayscale Bitcoin Trust (GBTC) into a listed Bitcoin exchange-traded fund (ETF). Judge Neomi Reo granted Grayscale’s order to review and vacated the SEC’s order to deny the GBTC listing application, citing that the […]
Chainlink (LINK) and Stellar (XLM) are two tokens that have been performing well despite the bearish crypto market. Chainlink has gained 14% in value, starting the week at $6.09 and reaching a peak of $7.21. Meanwhile, Stellar launched a new website in hopes of ending the price decline, and its price is currently at $0.114.Tradecurve […]
Crypto markets are spiking as three major Ethereum (ETH) futures exchange-traded funds (ETFs) are set to debut. VanEck, ProShares and Bitwise have all announced the launch of their respective ETFs, which are based on the price of ETH. ProShares is launching ProShares Ether Strategy ETF (EETH), an Ether-tracking ETF, today. ProShares is also launching two […]
The US Securities and Exchange Commission (SEC) has taken a significant step that has raised hopes for the approval of Bitcoin spot exchange-traded funds (ETFs). This comes after the SEC recently delayed applications for Bitcoin spot ETFs from major financial players like BlackRock, Fidelity, and VanEck due to the US government shutdown.Renowned ETF analysts, Eric […]
Matrixport, a trailblazer in the field of tokenized T-bills, is leading the way in introducing on-chain T-bills that offer investors a risk-free rate surpassing that of traditional fiat-backed stablecoins. Through its real-world asset tokenization brand, Matrixdock, the company is mainstreaming stablecoins in the crypto sphere. The game-changer lies in how on-chain T-bills and asset tokenization […]
Grayscale, the world’s largest crypto asset manager, has filed with the SEC to convert its Grayscale Ethereum Trust (ETHE) into an Ethereum exchange-traded fund (ETF). The filing was submitted by the New York Stock Exchange (NYSE) on behalf of Grayscale. This move follows the SEC’s approval of multiple Ethereum futures ETF products last week.ETHE is […]
