Key Takeaways Stephen Miran, Trump’s nominee for Federal Reserve Governor, is set for a Senate confirmation hearing on September 4. Miran’s confirmation is likely, despite opposition, ahead of the Federal Reserve’s key rate-setting meeting. Share this article The Senate Banking Committee will hold a confirmation hearing for Stephen Miran, Trump’s nominee to the Federal Reserve…
A lot was said about how the U.S. economy can benefit from USD-pegged stablecoins, especially now, when the GENIUS Act provides a clearer framework for the issuers. But can other countries benefit from issuing stablecoins pegged to their respective national currencies? Yes, they can, and several countries are already joining the race. Summary USD-pegged stablecoins…
Jan van Eck, CEO of investment management firm VanEck, recently described Ethereum as “the Wall Street token” while talking about its surge this quarter. In an interview with Fox News Business this week, van Eck said that with the rise of stablecoins, every bank and financial services company now needs infrastructure to process them. Ethereum’s…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korea has officially entered the institutional Bitcoin race with Bitplanet, a rebranded firm formerly known as SGA, unveiling a $40 million BTC treasury. This historic move aligns Bitplanet as the first company in the country to integrate Bitcoin into its corporate…
Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April. The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index provider CF Benchmarks to track the price of SEI,…
Key Takeaways 21Shares filed an S-1 with the SEC for a SEI ETF, designed as a passive vehicle to track SEI performance. The ETF will custody assets with Coinbase and may engage in staking, while SEI traded at $0.29 at press time. Share this article 21Shares has filed a registration statement (S-1) with the SEC…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BullZilla, Shiba Inu, and Pudgy Penguins emerge as leading contenders in today’s memecoin market. Summary BullZilla presale launches at $0.00000575 with rising prices, burns, and utilities, aiming for explosive ROI. With staking up to…
Ethereum exchange-traded funds (ETFs) have outperformed their Bitcoin counterparts for six consecutive weeks, highlighting a shifting preference among investors. Fresh data shows ETH products are drawing steadier inflows even as Bitcoin ETFs continue to command the lion’s share of assets under management. Weekly Data Highlights Ethereum’s Edge According to data from SoSoValue, as of August…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A video clip from a Detroit event has been stirring discussion across social media platforms, showing Grammy-nominated rapper Big Sean urging his audience to take a chance on cryptocurrencies. The moment occurred at the Stand With Crypto event in Michigan for its…
Key takeaways: A bullish pattern on the ETH chart predicts a rally to $10,000, with $5,000 as the critical resistance level. Analysts stress that short-term volatility may precede ETH’s multi-year bullish expansion phase. A rally to $5,100 could trigger $5 billion in short position liquidations. Ether (ETH) continues to flash bullish technical signals, with crypto…
