Crypto exchange BloFin believes the imminent launch of spot Ethereum exchange-traded funds (ETFs) in the US will drive a short-term surge in ETH prices as investors shift their attention from Bitcoin to the second-largest crypto asset by market capitalization, according to a June 26 research note shared with CryptoSlate. The exchange,…
Australian broadcaster 7News’ YouTube channel livestreamed a crypto-touting deep fake Elon Musk, which garnered hundreds of thousands of views. Source link
Nigeria’s Securities and Exchange Commission (SEC) has issued a 30-day ultimatum for crypto exchanges and digital asset traders to re-register their businesses, warning of enforcement actions against non-compliance. In a statement released on June 21, the SEC announced the initiation of the Accelerated Regulatory Incubation Program (ARIP) for Virtual Assets…
State Street believes the “next level of growth” will come from investment options offering more than “pure spot” Bitcoin. Source link
Onchain Highlights DEFINITION: The Bitcoin Power-Law Model provides a mathematical description of Bitcoin’s historical price trends, revealing a power-law distribution on a log-log scale. This analysis suggests a correlation between time and price. However, the model’s foundation on historical data and the issue of non-independent sequential price points raise questions…
The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users. Source link
Coinbase said it would not facilitate the migration of two assets related to the Artificial Superintelligence Alliance (ASI) token merger in a June 26 statement. Instead of executing migrations for Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, the exchange plans to continue supporting trading for each asset…
North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana. Source link
Chiliz, a leading blockchain platform specializing in sports and entertainment fan tokens, is embroiled in a legal dispute with a former Korean employee who claims the company failed to deliver $10 million worth of promised tokens as part of his compensation package. Local media reported on June 26 that the…
Marathon is looking to “capitalize on higher margins” possible with Kaspa mining — but one executive stressed the firm is in no way “pivoting” from its main focus, Bitcoin. Source link