Author: Yeek.io
On Tuesday, the SEC delayed its decision on Grayscale’s XRP ETF. As the XRP community awaits a verdict, a bigger question looms: Is this just caution, or a hidden battle against XRP? With giants like Franklin Templeton joining the ETF race and XRP’s price swaying, a tense showdown between innovation and regulation is unfolding. What’s really at play behind the SEC’s doors?Delay decision from SECAccording to a notice filed on Tuesday, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale’s XRP ETF application. The next deadline for their decisions is set on May 21, though a…
The European Union’s latest retaliatory tariffs have deepened macroeconomic uncertainty, prompting crypto analysts to forecast increased volatility for Bitcoin prices, which may drop below the critical $75,000 support level.The EU will impose counter-tariffs on 26 billion euros ($28 billion) worth of US goods starting in April, the European Commission announced on March 12, responding to US President Donald Trump’s recent move to impose 25% tariffs on steel and aluminum imports.This move is the latest retaliatory tariff announcement in response to US import tariffs, which may trigger renewed trade war concerns and market volatility in the near term.Source: European Commission“Counter tariffs…
The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States.According to the March 12 filing, Franklin Templeton’s proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow the fund to stake its underlying crypto for additional rewards.“Not staking the Fund’s SOL would amount to waiving the Fund’s right to free additional SOL, an act analogous to an equity ETP refusing dividends from the companies it holds,” the filing read.Franklin Templeton registered a Solana…
People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time. They are not. We have seen explosive price appreciation the last few months, finally hitting the 100k USD benchmark that everyone took for granted as preordained during the last market cycle. That’s not normal. The picture on the left is the average feerate each day since 2017, the picture on the right is the average price…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ondo Finance (ONDO) has been experiencing heavy selling pressure and heightened volatility, as the broader crypto market continues its downward trend. Since the start of March, ONDO has lost over 40% of its value, reflecting the overall risk-off sentiment…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum’s price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash below $2,000 has done more harm to the already declining…
Cryptocurrency traders are pleased as Bitcoin reclaims the $80K range today, but one project that stands out is Solaxy ($SOLX). It’s showing considerable strength as its ongoing token presale nears the $26 million total raised milestone.The project is raising funds to build the world’s first Solana layer 2 blockchain to make the network more scalable and user-friendly.With a use case that could revolutionize one of the world’s most popular blockchains, experts believe Solaxy is set for substantial price growth, with some saying it could see up to 1,000x gains.Currently, investors can buy $SOLX at its ground floor presale price of…
In this week’s newsletter, check out non-fungible token (NFT) gaming project Axie Infinity’s new trailer for its upcoming Web3 game, Atia’s Legacy. In other news, luxury fashion giant LVMH has been sued for NFT patent infringement, and NFT sales have tumbled by 63% since December 2024. Axie Infinity teases new Web3 game as NFT outlook turns positiveBlockchain gaming project Axie Infinity released a trailer for its new Web3 game Atia’s Legacy. The game is a massively multiplayer online (MMO) video game in the Axie universe. Axie Infinity developer Sky Mavis gave a sneak peek of the game’s next chapter, highlighting that…
One layer-1 altcoin is surging after a surprise listing by Binance, the world’s largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain. As the listing announcement went out, VIC exploded and is currently up 81% in the last 24 hours, trading for $0.36 at time of writing. With a market cap of $42.3 million, VIC is the 694th largest crypto project. Viction aims to create a network of apps on its blockchain by offering zero-gas transactions, enhanced security and…
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.”Glassnode also projected a similar target in its March 11 market report. The onchain analytics firm said the recent sell-off had been triggered by the short-term holders who may have purchased near the peak in January. Glassnode added that Bitcoin could bottom out near $70,000 if selling persists.Crypto…