The U.S. Securities and Exchange Commission (SEC) recently announced that it has delayed its decision on Fidelity’s proposed spot Ethereum ETF. This decision pertains to a proposed rule change that would permit Cboe BZX to list and trade shares of Fidelity’s planned fund. Originally filed on November 17, 2023, the proposed rule change was published
Renowned macroeconomist Henrik Zeberg has sent shockwaves through the financial world with his grim prognosis for Bitcoin amidst an impending macroeconomic downturn. Using his business cycle model, which has been flawlessly accurate for over eight decades, Zeberg predicts a recession signal in 2023 that will unleash the most severe economic crisis since the 1929 crash.
The gaming world is undergoing a significant transformation with the integration of Web3 technologies, leading to a heightened focus on the adoption and utility of non-fungible tokens (NFTs). Spearheading this movement is Nifty Island, an innovative social multiplayer game for NFT enthusiasts that recently unveiled its highly-anticipated open beta. This groundbreaking platform introduces a Play-to-Airdrop
The recent surge in explosive DEX-traded token moves has caught the attention of crypto enthusiasts. Among the many Solana memecoins that have gained significant traction, Hoppy token stands out as the latest addition to the list. However, it is vital to critically analyze the potential of this lesser-known coin before jumping on the bandwagon. The
Bitcoin’s recent decline in price has raised concerns among investors and analysts alike. However, Jurrien Timmer, Fidelity’s Director of Global Macro, offers a different perspective, suggesting that the current trends reflect a short-term adjustment rather than a long-term reversal. In this article, we will delve into Timmer’s analysis and explore the factors contributing to the
Gemini, a prominent cryptocurrency exchange, has achieved a significant milestone by registering as a Digital Asset Service Provider (DASP) in France. This registration, granted by the Autorité des Marchés Financiers (AMF), allows Gemini to serve both retail and institutional customers in the European country. Moreover, French users will now have access to a wide range
EIP-1559, the Ethereum Improvement Proposal, has sparked a new level of excitement and optimism among Ethereum users. Péter Szilágyi, an Ethereum developer, has recently praised the ETH burning mechanism introduced by EIP-1559, hailing it as “the great equalizer.” This groundbreaking proposal has revolutionized the way users bid gas fees and has significantly leveled the playing
In the ongoing court battle between Coinbase and the U.S. Securities and Exchange Commission (SEC), a hearing was held on January 17th to discuss the charges brought against Coinbase. The SEC accused Coinbase of operating an unregistered national securities exchange, broker, and clearing agency, as well as conducting an unregistered sale and offering of securities
The landscape of music streaming is changing once again with the introduction of Napster Virtual Hangouts. This revolutionary collaboration between Napster and TerraZero, a virtual world technology company, aims to provide an immersive experience for artists and fans to interact and engage with music in a whole new way. By integrating virtual hangouts into the
The sentiment surrounding Ethereum is currently very bullish, with the second-largest crypto token by market cap experiencing a surge in dominance against Bitcoin. This rise is seen as significant by crypto analyst Jaydee, who suggests that it may signal the beginning of an altcoin season. Analysts like Ali Martinez also highlight that Ethereum has broken
