Author: admin
Newly-launched ETH ETFs in the U.S. don’t support staking, but the feature remains a possibility. Spot Ethereum ETFs began trading in the U.S. on July 23. The funds saw early success with volumes above $1 billion on the first day of trading. The ETFs notably lack support for staking, a feature that would allow issuers to lock up ETH and earn rewards or interest. Each fund would treat interest as income. Prior to launch, several Ethereum ETF applicants proposed staking participation but ultimately removed the proposal, seemingly to meet the U.S. Securities and Exchange Commission (SEC)’s requirements and strengthen odds…
Positive sentiments around XRP have increased lately due to its recent upward bullish momentum, garnering several audacious predictions from cryptocurrency analysts about the digital asset’s next trajectory on the upside. However, market expert and enthusiast, Crypto Michael, has brushed off the idea that XRP would rise 300 times its current price level, noting that such predictions are unlikely to occur. 300x Price Growth Is Byond Delusional For XRP Market expert Crypto Michael shared his opinions on such bold predictions on the X (formerly Twitter) platform, which has triggered quite a frenzy within the XRP community. Michael’s criticism suggests that even though…
The Bank of Russia will be involved in three experimental crypto programs starting in September. Russia has legalized cryptocurrency for use in international settlements and mining, state-owned news agency RIA Novosti reported on July 30. One new law accommodates crypto as a means of payment for foreign trade activities within an experimental legal regime, according to the report. Currently, Russia bans most digital currency transactions related to goods and services. Lawmakers in the State Duma adopted the new law in its second and third readings. The State Duma supported certain amendments, including allowances for crypto trading within the experimental framework,…
A new dog-themed meme coin has taken the crypto market by storm. Inspired by Kabosu owner’s new dog, Neiro, a new wave of Shiba Inu-themed tokens surged on Solana. However, Its Ethereum-based competitor has stolen the show with its stellar performance in the last four days. Kabosu’s Sister Sparks New Memecoin Wave Kabosu, the dog that inspired the legendary Doge meme, passed away in May. The beloved dog also inspired the flagship memecoin Dogecoin (DOGE), and a plethora of Shiba Inu-themed tokens. Its owner recently announced she had adopted Neiro, a 10-year-old rescued Shiba Inu dog. Related Reading: Ethereum Seeing…
Qiibee CEO and founder Gabriele Giancola argued that brands must fully commit to Web3 to reap its benefits.
According to Bitcoin Magazine Pro data, holding Bitcoin has been profitable for 98.5% of its existence. The data reveals that out of the last 5,096 days since Bitcoin trading began, holding BTC has been profitable for 5,020 days relative to the current price of ~$66,500 per BTC.Since August 17, 2010, when Bitcoin was priced at just $0.07, its value has skyrocketed to around $66,500, representing an astounding increase of 94,999,900%. This consistent upward trajectory highlights Bitcoin’s sustained growth and increasing adoption over time. The chart from Bitcoin Magazine Pro underscores the aggressive growth of Bitcoin’s adoption curve, driven by its limited supply of…
Hexagon’s Manufacturing Intelligence division has launched its new digitalisation solution, Digital Factory, designed to help manufacturers build highly accurate digital replicas of their factories. It enables manufacturers to optimise their floor plans and quickly pivot production lines today, and operate smarter and more sustainable future factories with open interfaces that connect digital twins of shopfloor assets. Such solutions could save a global manufacturing company £35 million per year* by avoiding costly mistakes and offering a 50% reduction in the typical travel costs and the on-site training required. Hexagon is uniquely positioned to address this issue through its expertise in delivering…
The crypto community might be set to witness the birth of the next Dogecoin following a recent announcement made by the beloved Kabosu’s owner. This has led to the launch of several meme coins, with one in particular looking well-primed to join the ‘billion-dollar’ club. Kabosu’s Owner Gets New Shiba Inu Dog Kabosu’s owner (also known as Kabosu Mama) announced in an X (formerly Twitter) post that she had gotten a new Shiba Inu named “Neiro.” This immediately caught the crypto community’s attention, considering that Kabosu, who passed away in May, inspired the creation of the foremost meme coin, Dogecoin,…
Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows. What To Expect From The ETH Price Roman mentioned during an interview with Hall of Flame that he doesn’t see Ethereum “doing that well” for the next few months. The analyst believes that ETH will suffer a similar fate to the rest of the crypto market as Bitcoin sucks up all the liquidity while altcoins continue to trade…
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year.