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Grayscale Investments Withdraws Application for Ethereum Futures ETF Amid Regulatory Uncertainty

Grayscale Investments Withdraws Application for Ethereum Futures ETF Amid Regulatory Uncertainty

In a recent development within the cryptocurrency investment sector, Grayscale Investments has officially withdrawn its application for an Ethereum futures ETF, originally filed in September 2023. The application was for the Grayscale Ethereum Futures Trust ETF, and its withdrawal marks a notable moment in the evolving landscape of cryptocurrency regulations.

Notcoin Team Announces New Launch Date for NOT Token in Late April 2024, Shifts Away from Initial Planned Date to Ensure a Smooth Rollout Amid Potential 35 Million User Onboarding

Notcoin Team Announces New Launch Date for NOT Token in Late April 2024, Shifts Away from Initial Planned Date to Ensure a Smooth Rollout Amid Potential 35 Million User Onboarding

The Notcoin team has officially revealed the new launch timeline for their anticipated NOT token. Initially scheduled for April 20th, the date has been postponed to ensure a flawless launch. This decision came after considerations related to the bitcoin halving event originally set for the same date, which was seen

EigenLayer Removes Limits on Deposits, Enhancing Liquid Staking Token Delegation

EigenLayer Removes Limits on Deposits, Enhancing Liquid Staking Token Delegation

In a significant development for cryptocurrency staking, the EigenLayer restacking protocol team has announced an important update: the removal of deposit limits. This change opens up new opportunities for token holders to participate more freely in the network's activities, particularly in liquid staking. For those looking to delegate their liquid

Galaxy Digital Announces $100 Million Venture Fund for Cryptocurrency Innovations

Galaxy Digital Announces $100 Million Venture Fund for Cryptocurrency Innovations

Galaxy Digital is set to launch a $100 million venture fund, marking a significant move to foster growth within the cryptocurrency sector. The fund, named Galaxy Ventures Fund I, is designed to provide crucial support to early-stage crypto projects, helping them navigate the complexities of the digital asset landscape. Over

London Stock Exchange to Launch Cryptocurrency ETNs in May 2024

London Stock Exchange to Launch Cryptocurrency ETNs in May 2024

In a groundbreaking move set to redefine the landscape of digital asset trading in the UK, the London Stock Exchange (LSE) has officially announced the launch date for its cryptocurrency Exchange-Traded Notes (ETNs). Beginning on May 28, 2024, the LSE will offer trading in Bitcoin and Ethereum ETNs, marking a

"Awakening of a Bitcoin Giant: A Staggering $168.5 Million Transaction After Eight Years of Dormancy"

"Awakening of a Bitcoin Giant: A Staggering $168.5 Million Transaction After Eight Years of Dormancy"

After more than eight years of silence, a bitcoin behemoth has made its presence felt in the cryptocurrency market. This entity, often referred to as a bitcoin whale, has awakened from its slumber, executing a massive transaction that has caught the attention of the crypto world. On March 10, 2024,

Binance Faces Potential $10 Billion Fine in Nigeria Amid Accusations of Operating Without a License and Currency Manipulation

Binance Faces Potential $10 Billion Fine in Nigeria Amid Accusations of Operating Without a License and Currency Manipulation

In a significant development that has caught the attention of both financial and cryptocurrency markets worldwide, Binance, the global cryptocurrency exchange, is currently under investigation by Nigerian authorities. The investigation stems from accusations that the exchange has been operating without the requisite license and has been instrumental in the depreciation

JPMorgan Predicts Bitcoin Price Drop to $42,000 Post-Halving

JPMorgan Predicts Bitcoin Price Drop to $42,000 Post-Halving

In a recent analysis, financial experts at JPMorgan have projected a significant decrease in the value of Bitcoin, forecasting a potential drop to $42,000 following the upcoming halving event. This projection has been detailed in a report by The Block, highlighting the anticipated effects of the halving on the

Spot Bitcoin ETFs Shatter Trading Records with $2.4 Billion in Daily Volume

Spot Bitcoin ETFs Shatter Trading Records with $2.4 Billion in Daily Volume

On February 26, 2024, the trading world witnessed an unprecedented event as the cumulative trading volume of spot Bitcoin ETFs soared to a staggering $2.4 billion. This remarkable achievement was highlighted by Bloomberg analyst Eric Balchunas, marking a new historic peak for these investment products. Leading the charge in

VanEck Submits Updated Application for its Spot Ethereum ETF Amidst a Competitive Landscape

VanEck Submits Updated Application for its Spot Ethereum ETF Amidst a Competitive Landscape

In a strategic move to advance its position in the burgeoning cryptocurrency ETF market, VanEck has recently submitted an updated application for a spot Ethereum ETF, aiming to secure approval from the United States Securities and Exchange Commission (SEC). This development marks a significant step for VanEck as it navigates