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Day: July 30, 2024

cryptocurrency July 30, 2024

Key Takeaways Cardano prioritizes long-term value and reliability over rapid user acquisition in DeFi. Hoskinson believes future blockchain adoption will be driven by governments and large corporations. Share this article Advertisements URL Copied Advertisements The decentralized finance (DeFi) ecosystem is an ever-evolving landscape, with the introduction of application-specific blockchains (appchains), layer-2 (L2) blockchains, novel virtual […]

cryptocurrency July 30, 2024

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.  Exchange Traded Funds (ETFs) have gained much traction since the beginning of this year with the launch of Bitcoin [BTC] ETFs. Things got even better over the last week as […]

cryptocurrency July 30, 2024

An Ethereum ICO participant resurfaced on Tuesday, moving a large chunk of his investment to a new wallet. The early investor’s reemergence comes on time for the network’s ninth birthday. Advertisements ICO, short for initial coin offering, differs from a project’s launch date. During an ICO, the project issues digital tokens or coins for sale […]

cryptocurrency July 30, 2024

Today, July 30, marks a week since the spot Ethereum ETFs started trading. But contrary to initial anticipation, the launch of the financial products has not affected the price of ETH positively. Advertisements While the cryptocurrency’s market value rose above $3,500 on launch day, it did not take long before it dropped. Ever since, ETH […]

cryptocurrency July 30, 2024

BlackRock ETF and Index Investments CIO Samara Cohen discussed the iShares Ethereum Trust ETF (ETHA) in an interview with Bloomberg. She lauds Ethereum, like Bitcoin, for meeting investability criteria, citing customer feedback. Advertisements The investment firm issues both Bitcoin (BTC) and Ether (ETH) ETFs (exchange-traded funds) but recently dismissed prospects of a Solana counterpart, at […]

cryptocurrency July 30, 2024

Key Takeaways SEC plans to redefine crypto securities in Binance lawsuit. Due to the impending amendment, the court will postpone its decision on the sufficiency of the original allegations regarding these securities. Share this article Advertisements URL Copied Advertisements The US Securities and Exchange Commission (SEC) is seeking to amend its complaint against Binance Holdings, […]