21Shares, a part of 21Shares AG, recently announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. This move aims to enhance the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution stated that this integration
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The US Securities and Exchange Commission (SEC) has made plans to amend its original complaint against Binance, signaling a potential shift in its approach towards cryptocurrencies. The amended complaint might eliminate the need for the court to make decisions on tokens previously classified as securities, specifically the ‘Third Party Crypto Asset Securities.’ The decision to
Goldman Sachs CEO David Solomon recently shared his views on Bitcoin, stating that it could potentially serve as a store of value similar to gold. While he has never been a harsh critic of Bitcoin, he still sees it primarily as a speculative investment lacking a clear use case. Solomon did, however, recognize the potential
The landscape of cryptocurrency trading is experiencing a significant shift, with decentralized exchanges (DEXs) reaching their highest-ever trading volume ratio compared to centralized exchanges (CEXs). This milestone was highlighted by Uniswap founder Hayden Adams, who pointed out that DEX market share is currently at an all-time high relative to CEX. The surge in DEX trading
Shiba Inu, the popular meme coin, experienced a 3% dip in price recently. However, despite this setback, there are some crucial indicators within the ecosystem that suggest a potential rally in the near future. Analysts are divided in their opinions, with some predicting a bullish outcome based on technical indicators like the Relative Strength Index
The Bitcoin open interest is a crucial metric to gauge investor sentiment and market trends in the realm of cryptocurrency. Recently, the Bitcoin open interest reached a new all-time high, signaling potential implications for the market moving forward. This article will delve into the significance of this milestone and explore the potential consequences for the
The U.S. Securities and Exchange Commission has decided to put a pause on its allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities. This recent development came in the midst of the SEC’s ongoing lawsuit against crypto exchange giant Binance. The SEC filed a joint status report in the U.S. District Court
Ripple’s XRP has been experiencing some interesting price movements lately, with its value rising from less than $0.40 to over $0.63 in just a few weeks. However, the momentum seems to have slowed down, and the price has retraced below $0.55 before climbing back to around $0.60 where it has stayed for the past several
Ethereum, the second-largest cryptocurrency in terms of market capitalization, has been gaining momentum towards a bullish trajectory. Recent insights from CoinSignals, a reputable crypto analysis platform, have suggested that Ethereum is set for a significant price rally. The platform has projected a potential surge in Ethereum’s value, estimating it to reach anywhere between $12,000 and
Fight League Survivor is not just any arcade-style action and survival game. It offers a unique and thrilling experience for players as they take on the formidable Icharid Covenant. Set against the backdrop of the diverse and vibrant world of Bastion, players act as liberators aiming to free besieged worlds and rescue brainwashed warriors from
