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BlackRock, other issuers update S-1 filing for spot Ethereum ETFs, raising expectations for July launch

[ad_1] Seven spot Ethereum ETF applicants amended their registration statements with the SEC on June 21, leading to increased expectations of a trading launch in early July. Franklin Templeton, VanEck, Invesco Galaxy, BlackRock, 21Shares, and Fidelity submitted updated S-1 registrations for their respective funds. Grayscale submitted an amended S-3 registration for its Ethereum Trust and […]

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Crypto Analyst Touts Ripple To Be The Next Amazon And Facebook Despite Poor XRP Performance

[ad_1] A crypto analyst has predicted that cryptocurrency payments company, Ripple could be the next high-valuation company, similar to Amazon and Facebook. This prediction comes as XRP witnesses poor performance amidst market volatility and Ripple’s ongoing court battle with the United States Securities and Exchange Commission (SEC).  Analyst Predicts Ripple Emerging As Billion-Dollar Start-Up The […]

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Ethereum’s (ETH) Path to $10,000: The Catalysts for Ethereum’s Next Bull Run

[ad_1] TLDR Despite temporary price stagnation, Ethereum (ETH) is poised for significant growth due to positive developments such as the SEC’s decision not to pursue charges against Ethereum and the imminent launch of Spot ETH ETFs. While macroeconomic concerns have temporarily dampened investor enthusiasm, analysts believe that Ethereum’s strong fundamentals and upcoming catalysts will drive […]

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$367 Million In Crypto Longs Flushed

[ad_1] Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day after the crash the altcoins have seen. Altcoin Longs Witness Squeeze, Ethereum Leads In Liquidations The past day has been a volatile time for the cryptocurrency market, with the majority of the altcoins suffering from drops of […]

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Marathon Digital Holdings CEO Discusses Bitcoin Landscape

[ad_1] In a recent interview with CryptoSlate at BTC Prague 2024, Fred Thiel, CEO of Marathon Digital Holdings, shared his insights on several critical aspects of the Bitcoin landscape, focusing on transaction fees, hash rate resilience, and global expansion initiatives. Transaction Fees and Future Trends Thiel highlighted the conditions of Bitcoin transaction fees, noting that […]

Press Release

MicroStrategy Purchases Another 11,931 Bitcoin for $786 Million

[ad_1] Today, the American software and business intelligence firm MicroStrategy recently announced its substantial acquisition of Bitcoin (BTC). Between April 27 and June 19, 2024, the company bought 11,931 BTC at $65,883 per Bitcoin, totaling $786 million. This move shows MicroStrategy’s ongoing commitment to Bitcoin. MicroStrategy’s Aggressive Bitcoin Strategy: Latest Purchase and Future Plans In […]