Fox Reporter: Anti-Crypto Politicians Oppose SEC’s Potential Approval of Spot Ethereum ETFs

The prospect of the Securities and Exchange Commission (SEC) granting approval for Ethereum spot ETFs by May 23 is losing momentum. According to a recent update shared by Fox reporter Eleanor Terrett on X, prominent anti-cryptocurrency figures such as Senator Elizabeth Warren are actively lobbying against the introduction of ETH spot ETFs. Additionally, there is…

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In a span of merely two weeks, a PEPE trader transformed an initial investment of $1.7 million into an impressive $8.13 million.

According to on-chain data provided by Lookonchain, a meme coin trader managed to convert an initial investment of $1.7 million in PEPE, a widely recognized meme coin, into a staggering profit of $8.13 million, marking an extraordinary 431% increase in just two weeks. PEPE Experiences Explosive Surge PEPE, a meme coin devoid of practical application,…

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In February, a total of $46.86 million in cryptocurrency was reported stolen due to various scams, according to a report.

According to Scam Sniffer, a company specializing in anti-scam solutions for Web3, February 2024 witnessed a significant loss of $46.86 million in cryptocurrencies to scams. The report highlights that more than 57,000 individuals were targeted and victimized by a variety of phishing schemes. Interestingly, the findings indicate a notable decrease of 75% in the number…

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The Uniswap community has rebuffed a governance proposal suggesting the distribution of revenue to holders of UNI tokens.

The Uniswap community has recently dismissed a governance proposal aimed at altering the platform’s fee structure, which included the provision for distributing revenue to UNI token holders. The voting period for this proposal concluded on March 9, revealing that 59.9% of mobilized UNI votes stood in opposition. The proposal, now rejected, sought to empower the…

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In 2024, competitors to Solana poised for significant growth that may surpass Solana’s expansion.

Under Gary Gensler’s leadership at the SEC, Bitcoin ETFs have achieved unprecedented levels. This development seems to be prompting diversification within the cryptocurrency market, with various competitors to Solana showing promise for substantial growth in 2024. This highlights the evolving dynamics within the digital asset landscape. The BlastUP presale surpasses the $1 million mark, signaling…

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Vitalik Buterin proposes fortifying the Ethereum blockchain against quantum threats.

summary Vitalik Buterin, co-founder of Ethereum, has presented a plan aimed at safeguarding the platform against potential threats posed by quantum computing. The strategy involves implementing a hard fork and integrating quantum-resistant cryptographic techniques to bolster Ethereum’s security measures. Buterin underscores the susceptibility of Ethereum’s cryptographic framework to quantum computing, underscoring the necessity for heightened…

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In a record-breaking achievement, BlackRock’s IBIT ETF surpasses $10 billion in assets under management (AUM) at an unprecedented pace.

in brief BlackRock’s Bitcoin ETF, IBIT, achieves a milestone in the United States by surpassing $10 billion in assets under management (AUM) at a rate faster than any other ETF. The remarkable surge in Bitcoin prices has been a key driver behind the rapid expansion of IBIT, drawing interest from both institutional and retail investors….

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Key Reason Why Bitcoin and Ethereum Will Keep on Growing: Chris Burniske

As we embark on a detailed examination of Chris Burniske’s insightful perspective regarding the trajectory of Bitcoin and Ethereum, it’s imperative to underscore the enduring essence that propels these cryptocurrencies forward amidst the ever-shifting landscape of digital assets. While the allure of alternative coins may wax and wane, the foundational principles and inherent strengths of…

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Financial institutions in Hong Kong are considering Ethereum ETFs as a strategic move to enhance their position in the global cryptocurrency market.

Following the successful introduction of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are priming themselves to capitalize on the burgeoning demand for cryptocurrency investment offerings. Although Hong Kong initiated the application process for Bitcoin spot ETFs in December of the previous year, no such products have yet surfaced in the…

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Machine learning algorithm predicts BONK price for March 31, 2024

In the dynamic landscape of the cryptocurrency sector, where bullish trends frequently emerge, Bonk (BONK) has recently exhibited a deceleration in its upward momentum subsequent to its remarkable attainment of a new all-time high (ATH) earlier in March. This adjustment in pace, however, doesn’t signal a halt to its growth but rather hints at a…

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