A recent disclosure of Donald Trump’s financial interests shows he holds millions of dollars in cryptocurrency as well as receiving considerable income from NFT licensing fees. Although the disclosure by transparency advocacy group CREW, did not indicate the exact amount of crypto Trump holds, on-chain tracking platform Arkham Intelligence revealed the former President’s portfolio has Ethereum eth0.62%Ethereum worth $1.28 million, and…
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Trading is set to begin on July 23 for the newly SEC-approved spot Ethereum (ETH) ETFs The approval process required issuers to finalize their S-1 documents by Wednesday, July 17, allowing the ETFs to debut on July 23. These new financial products are anticipated to attract substantial investment, with projections estimating inflows of up to $5 billion within…
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On Monday, the price of Ethereum surged to $3,900, buoyed by a wave of bullish sentiment among investors. Ethereum (ETH) is on track to surpass the $4,000 mark even before the launch of spot Ethereum exchange-traded funds (ETFs) as the market appears to be highly “underallocated,” according to DeFiance Capital founder Arthur Cheong. In a post…
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The Securities and Futures Commission, Hong Kong’s markets regulator, has not made an official announcement. Bitcoin (BTC) has risen 2.8% over 24 hours, trading above $66,500, and ether (ETH) has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they’d been approved for spot crypto exchange-traded funds (ETFs). China Asset Management, Bosera Capital…
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Crypto community members speculated on X regarding why Ethereum’s Vitalik Buterin deposited $330,000 in crypto into Railgun’s privacy protocol. On April 15, blockchain monitoring tool Scopescan noted that Ethereum co-creator Vitalik Buterin transferred 100 Ether (ETH) to the defi platform Railgun. The transaction was executed using Buterin’s ENS-tagged wallet, vitalik.eth. Reports claimed Buterin has frequently tapped the…
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The BlackRock CEO isn’t worried about the U.S. Securities and Exchange classifying Ethereum’s ether as a security. BlackRock CEO Larry Fink said an ether ETF would still be possible even if the U.S. Securities and Exchange Commission designates the cryptocurrency as a security, which would increase the regulatory scrutiny around the second-largest digital asset. Asked…
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