Author: e_cash_top

[ad_1] Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing Ethereum ETFs under its jurisdiction to stake their tokens, a stance notably different from that of US regulators. Staking involves participants locking up digital assets to support network security and operations, earning rewards in return. Its introduction into the ETFs would explore the income-generating…

[ad_1] The ongoing debate over Ethereum’s classification in the United States is garnering significant attention at the moment due to actions by the SEC and a possible ETF approval. The distinction between commodities and securities holds substantial implications for the regulation and future of crypto. If Ethereum were officially recognized as a commodity, the crypto…

[ad_1] Quick Take Bitcoin is currently trading just below $70,000, a critical resistance level, while its all-time high (ATH) stands around $73,600. The digital asset community is eagerly awaiting the decision on the Ethereum ETF, which could potentially propel Bitcoin to new heights. BTCUSD: (Source: TradingView) When comparing Bitcoin against TLT, the 20+ year Treasury…

[ad_1] The Worldcoin Foundation expressed disappointment over Hong Kong authorities’ decision to ban its data collection efforts due to alleged privacy violations, according to a May 23 statement shared with CryptoSlate. On May 22, Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) halted Worldcoin’s data collection activities in the region. The PCPD…

[ad_1] James Seyffart, a Bloomberg ETF analyst, has suggested a potential timeline for the launch of a Solana-based spot exchange-traded fund (ETF). Seyffart indicated that a Solana ETF might be delayed despite growing anticipation within the crypto community following recent discussions surrounding spot Ethereum ETFs. CFTC-regulated futures market The Bloomberg ETF expert explained that the…

[ad_1] Quick Take On May 22, Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant activity, bringing in a total of $154.0 million, according to Farside data. However, the breadth of these inflows was limited, with only three ETF issuers recording positive inflows. Bitcoin ETF Flow Table: (Source: Farside) Leading the pack once again was BlackRock’s IBIT,…

[ad_1] The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22. In all, 279 representatives voted yes, 136 voted no, and 15 abstained from voting on the proposed crypto legislation. The bill received bipartisan support but mainly received Republican votes, with 208 of 217 Republican…

[ad_1] VanEck Head of Digital Assets Research Matthew Sigel said on May 22 that the firm should be able to launch its spot Ethereum ETF before competitors. In a conversation hosted by The Block, Sigel said that VanEck was the first to file its S-1 registration statement and “fully expects” to receive comments and “go…

[ad_1] Coinbase has formed a coalition with industry giants from across the tech sector to combine resources and expertise to tackle the growing issue of online fraud and financial schemes. The “Tech Against Scams” coalition includes industry giants like Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organization (GASO). Unified effort necessary The…

[ad_1] On-chain analytics firm CryptoQuant warned that ETH prices could fluctuate if pending spot Ethereum ETFs encounter uncertainties. It warned that ETH could undergo a “significant price correction” if the SEC denies ETH ETF applications or delays the approval process. Furthermore, high exchange flows could produce ETH price volatility in the coming days. Amid rumors…