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Day: July 26, 2024

cryptocurrency July 26, 2024

Stablecoin supply grew in the last few days. USDT and USDC continued to dominate the market capitalization. There has been a noticeable increase in the market capitalization and supply of stablecoins, particularly Tether [USDT] and USD Coin [USDC]. Advertisements This growth has been significantly influenced by the recent approval of an Ethereum [ETH] ETF, which […]

cryptocurrency July 26, 2024

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and […]

cryptocurrency July 26, 2024

Key Takeaways DeFi’s ‘gray zone’ challenges Wall Street’s traditional regulatory frameworks. BlackRock and Franklin Templeton lead in blockchain-based government securities. Share this article Advertisements URL Copied Advertisements Wall Street’s best and brightest are diving headfirst into tokenizing real-world assets, but they’re hitting a fork in the road: do they play it safe or venture into […]

cryptocurrency July 26, 2024

Despite the initial excitement surrounding the newly launched US spot Ethereum exchange-traded funds (ETFs), analysts predict minimal short-term price impact on Ethereum. Advertisements Since the US Securities and Exchange Commission (SEC) greenlit these investment products, Ethereum’s market behavior has been tepid. Its price and investor interest have declined noticeably compared to Bitcoin and Solana. Ethereum […]

cryptocurrency July 26, 2024

Approximately $5.65 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire today. Advertisements This massive expiration is anticipated to introduce considerable volatility, with traders and investors keenly observing the potential impacts on the crypto market. How Will the Spot Ethereum ETFs Launch Impact the Crypto Options Market? Today’s expiration includes 61,320 Bitcoin […]