Together with | | GM Defiers! | The SEC's landmark preliminary approval of spot Ether ETFs is dominating crypto headlines. While the U.S. securities regulator still needs to approve applicants' S-1 filings, the move indicates Ether comprises a commodity rather than a security, paving the way for a permissive regulatory regime overseeing ETH. | In other Ethereum news, the supply of Ether is inflating amid a spate of rock-bottom gas fees. While the low fees make Ethereum's ecosystem accessible to a greater number of users, they also threaten Ether's deflationary value proposition. | Plus, Railgun gains market share as crypto mixers cease operations, and Coinbase relists XRP for New York users. | ✍️ In today's newsletter: | SEC approves spot Ether ETF 19b-4 filings What Ether's commodity classification means for Ethereum Crypto market is selling ETH ETF news ETH supply inflates amid streak of low gas fees Vitalik Buterin inspires Railgun adoption Coinbase relists XRP in New York after three years
| 🙏Sponsored | | 📈 Markets in the last 24 hrs: | | TICKER | VALUE | 24 H |
|---|
| Bitcoin | $69,122 | -1.52 % | | Ethereum | $3,742 | -1.32 % | | Gold 1st Future | $2,389 | -1.34 % | | S&P 500 | 5307.01 | -0.27 % | | Arch Web3 | 2.36 | -2.69 % | | Learn more about Arch Indices here. | |
| | 🎬WATCH | Check out our podcast with Lukas Schor, the founder of Safe, to learn about how quantum computing could impact blockchain. Plus, watch our interview with Robert Viglione, co-founder of Horizen Labs, to discover how the project is driving down the costs associated with zero-knowledge proofs. | And dive into our in-depth explainer on DeFi derivatives. |  | What Are DeFi Derivatives? | Crypto101 |
|
| | THANKING OUR NEWSLETTER SPONSORS | | NEWSLETTER CONTINUES BELOW | | | Stellar empowers builders to unlock human and economic potential. Explore the new Stellar smart contract platform, Soroban, designed for scale and sensibility. | | Safe{Wallet} is considered the most secure wallet in the web3 space, trusted by Vitalik Buterin and leading projects to safeguard over $100 billion in assets. The smart wallet is widely known for its multisig functionality, offering robust security measures, convenient account recovery, and access to a thriving ecosystem of over 200 integrated apps. | | Win from $12,000,000 in NEXO Tokens! Get rewards when you buy crypto, swap, top up, and more. Download the Nexo app, collect points, and win big! | | | | The U.S. Securities and Exchange Commission greenlit the 19b-4 filings from eight spot Ether ETF applicants on May 23. However, the SEC still needs to approve the firms' S-1 filings before the funds can commence trade. | | | The SEC's landmark spot Ether ETF approvals indicate that ETH comprises a commodity, rather than a security. The ruling paves the way for collaboration between the SEC and CFTC on crypto regulations and alleviates fears of an impending regulatory offensive from the SEC targeting Ethereum. | | | Crypto markets traded lower after the SEC approved eight exchange-traded funds backed by spot Ether on Thursday. The much-anticipated approval, initially expected to boost the market further, turned into a "sell-the-news" event, leading to an overall market drop. | | | The supply of Ether is quickly rising amid a sustained streak of rock-bottom gas fees. More than 62,640 ETH worth $238 million have entered circulation in the past six weeks, pushing Ether's supply to its highest level since early March. | | |
| | | | | As Bitcoin enters its fully programmable era, layer 2 solutions are paving the way for countless new use cases for the world's most secure, decentralized, and widely adopted cryptocurrency. Builders are writing the next chapter for Bitcoin with Stacks, the leading Bitcoin Layer 2. While exchanges such as ALEX, Bitflow, and Velar provide decentralized ways to swap tokens and trade assets, other protocols like Zest and Hermetica bring lending, borrowing, and stablecoins to Bitcoin. Stacks is currently anticipating its largest upgrade to date: the Nakamoto Release, which is introducing Fast Blocks and Bitcoin Finality to Stacks. | Check out the top 8 DeFi apps on Stacks and learn how you can take advantage of these new use cases on Bitcoin. |
| |
| | |
| | The all-time transaction volume of Railgun, an on-chain privacy protocol, recently surpassed $1 billion as crypto mixers cease operations amid a renewed regulatory offensive. Railgun's adoption has been buoyed by frequent adoption from Vitalik Buterin, Ethereum's chief scientist, in the past six months. | | | Coinbase relisted Ripple (XRP) markets for users in the state of New York, reversing the company's earlier suspension of the token in January 2021 amid legal challenges from the SEC. Ripple continues to fight the SEC's lawsuit alleging XRP comprises a security. | | 🌍 ELSEWHERE | House votes to block Federal Reserve from creating own digital currency (Fox Business) Standard Chartered says XRP and Solana ETFs may launch in 2025 (Finbold) Spot bitcoin ETFs record net inflows for nine straight days (The Block) Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress (Unchained)
| | 🔥 TRENDING | |
|
Hello guys and welcome to my blog, I tried to find one working faucet collector crack and here it is. Just download this crack, install d...
No comments:
Post a Comment