Author: CryptoHoppers
Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths in active fixed income management and commitment to low-cost investments, staying consistent with the firm’s core principles. Vanguard CEO […] Source link
The HBAR Foundation and digital asset custody provider Copper have announced a collaboration aimed at broadening institutional access to the Hedera ecosystem. As part of the partnership, Copper will offer crypto custody support for Hedera (HBAR) and enhance the blockchain network’s decentralized finance capabilities via staking. This collaboration with Copper will also expand institutional access to HBAR and the Hedera Token Service, according to details press release. Copper clients can stake HBAR Institutional investors can now stake their HBAR via validators of their choice, utilizing Copper’s wallet infrastructure for DeFi transactions. The partnership also introduces institutional access to HBAR trading…
Key Takeaways Tether invests $3 million in Kem app to introduce USDT and drive crypto adoption in the Middle East. MENA region is the sixth-largest crypto economy with $389.8 billion in on-chain value from July 2022 to June 2023. Share this article Tether Operations Limited is investing $3 million in Kem, a money transfer and financial management app. The investment aims to introduce the stablecoin Tether USD (USDT) on Kem’s platform, driving crypto adoption in the Middle East.The Middle East and North Africa (MENA) region is the sixth-largest crypto economy globally, with $389.8 billion in on-chain value received between July…
The NFT space is constantly evolving, but with this evolution comes a set of technical challenges that can leave many collectors and artists scratching their heads. Recently, Ani from NFTRebels highlighted a critical issue with NFTs—particularly with KnownOrigin (KO) art tokens on Etherscan. The main concern? The art files associated with these tokens aren’t as secure as many believe, and navigating the technology can be daunting for those who aren’t tech-savvy. The Problem: Where’s the Art? When you look up a KO unsold art KODA token on Etherscan, what you see is just the tip of the iceberg. There’s no…
Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of Operation Chokepoint 2.0, a plan directed to difficult banking access to crypto companies. Winklevoss’ remarks come after the Federal Reserve found Customers Bank, a crypto-friendly bank, had “deficiencies” in compliance with anti-money laundering requirements. Tyler Winklevoss […] Source link
Superstate, a blockchain-based asset management firm, has integrated Chainlink’s technology as it taps into the growing tokenization market. The asset manager will leverage the Chainlink (LINK) Data Feeds to bring net asset value data for its tokenized treasury fund on-chain. In the announcement Superstate stated it aims to enhance the composability of its Superstate Short Duration US Government Securities Fund by utilizing Chainlink’s technology. The integration enables the firm to access crucial off-chain data, essential for market pricing, utility, and transparency. Rapidly growing tokenization market Chainlink’s data will help Superstate gain further traction for its fund as the ecosystem embraces…
Key Takeaways SunPump Beta provides a secure, low-cost platform for launching and trading meme coins. The platform features a liquidity and token burn mechanism to maintain market integrity. Share this article Singapore, August 13, 2024 – SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. This innovative platform will elevate user engagement and promote a more autonomous trading experience.SunPump combines user-friendliness,…
Ethereum price started a downside correction from the $2,700 zone. ETH is now consolidating and struggling to stay above the $2,500 support. Ethereum started a downside correction below the $2,650 and $2,620 levels. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise again if it stays above the $2,550 support zone. Ethereum Price Trims Gains And Revisit $2,550 Ethereum price struggled to extend gains above the $2,700 resistance zone.…
Ben Armstrong, widely known as “Bitboy” in the cryptocurrency community, recently made some intriguing predictions regarding the prices of Bitcoin and XRP during an appearance on the latest episode of Tony Edward’s “Thinking Crypto” YouTube show. The former millionaire influencer outlined his views on the upcoming market dynamics, offering both hope and caution to crypto enthusiasts. “I’ve been a big believer in April Fool’s Day [for] this bull market next year,” Armstrong told Edward. “I think it’s a great day for some tomfoolery.” Armstrong emphasized his belief that the next significant Bitcoin (BTC) bull run could commence on April 1,…
Key Takeaways BlackRock’s Ethereum ETF has accumulated $901 million since its launch and may soon hit $1 billion in net inflows. Grayscale’s Ethereum ETF remains the dominant player in the market despite intense outflows. Share this article BlackRock’s Ethereum exchange-traded fund (ETF), the iShares Ethereum Trust, could become the first US spot Ethereum fund to hit $1 billion in net inflows. The ETF, trading under the ETHA ticker, has logged around $901 million in net capital just three weeks after its launch and is well on track to achieve the milestone, Farside Investors’ data shows.Ethereum ETF Flow – Source: Farside…