The recent joint application by Ark Invest and 21Shares for a spot Ethereum exchange-traded fund (ETF) has attracted significant attention in the crypto community. However, a closer analysis of the amended S-1 filing reveals some important limitations and uncertainties surrounding this proposed ETF. In this article, we will delve into the details of the filing,
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Ethereum (ETH) has achieved a significant milestone in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This marks a crucial step towards deploying the upgrade on the mainnet and demonstrates Ethereum’s ongoing efforts to improve transaction efficiency, scalability, and reduce transaction fees by up to 90%. As
Since mid-January, Bitcoin has been stuck in a sideways movement, breaking out of a parallel upward channel to the downside. However, the monotony might soon come to an end, as indicated by the Bollinger Band Width (BBW) indicator. The BBW is a derivative of the Bollinger Bands, which consist of an upper and lower band
Grayscale CEO Michael Sonnenshein emphasized the importance of advocating for the development of a robust listed options market for spot Bitcoin exchange-traded funds (ETFs). In a statement on Feb. 5, Sonnenshein expressed his belief that it has never been more crucial to push for the approval of spot Bitcoin ETF options. The absence of listed
Bitcoin, the flagship cryptocurrency, finds itself at a critical juncture, as it hovers between potential upward and downward movements. Analysts are closely watching the current price action and utilizing various indicators to predict the next move of this influential digital asset. One such analyst, Eric Krown Crypto, recently shared his insights on Bitcoin’s future trajectory
Cryptocurrency analyst Michaël van de Poppe has declared that altcoin season has arrived, urging investors to make entries at value while they still can. With the Bitcoin halving on the horizon, van de Poppe suggests that the next three to eight months present the best opportunity to invest in alternative cryptocurrencies, or altcoins. With numerous
Bitcoin, the largest cryptocurrency, has been experiencing a period of stagnation in recent times, leaving many investors uncertain about its future. Despite the lackluster price action, on-chain data reveals an interesting trend – the number of whale wallets, those holding between 1,000 and 10,000 BTC, has been steadily increasing. This accumulation by large holders indicates
The cryptocurrency market has been showing signs of recovery, and analysts at Coinbase are optimistic about the future performance of Bitcoin and the overall crypto market in Q2 2024. Despite the recent market fluctuations, Bitcoin has gained 3.31% in the last week, reaching a trading value above $43,000. This positive trend has led analysts to
With the recent recovery of Binance Coin (BNB) and the revival of Binance Smart Chain activity, crypto traders are shifting their focus to potential investments. One particular token that has caught the attention of many is eTuktuk, a green crypto startup aiming to revolutionize urban transportation in developing countries. This article delves into the reasons
The Solana blockchain network has seen a surge in decentralized exchange (DEX) trading activity following the highly anticipated Jupiter airdrop. According to data from DeFillama, Solana-based DEXs recorded a total trading volume of $1.14 billion in the last 24 hours, surpassing the approximately $1.13 billion traded on Ethereum-based platforms during the same period. This milestone
