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Bitcoin remained steady above $65,500 on Tuesday, losing less than 1% of its value. Ethereum and XRP prices fell slightly on the day, with traders anticipating important announcements from the Ripple swell event. The odds of pro-Bitcoin US presidential candidate Donald Trump winning the November election have skyrocketed on the polymarket. Bitcoin, Ethereum, XRP updates Bitcoin traded at $65,777, down less than 1% on the day. Larry Fink, CEO of asset management giant BlackRock, said Bitcoin is an asset class in its own right. The executive spoke about financial institutions allocating capital to BTC and said it reminded him of…

As October 2024 approaches, excitement builds around the best October 2024 crypto presales. In the crypto market, getting in early often leads to the biggest rewards. Presales allow you to invest in promising projects before they are published on large exchanges. This early access is like grabbing a bargain before it becomes a thing. Why are there so many pre-orders? If you get in now before the crowd, your potential for profit is huge, especially given the forecast for a 2025 bull market. The thrill of potentially making it big with a fledgling cryptocurrency is priceless. Brace yourselves and check…

Canary Capital has officially filed an application for a Spot Litecoin ETF in the US, making it the first ETF of its kind. The company filed a Form S-1 filing with the Securities and Exchange Commission (SEC) on Tuesday, October 15th. This is because most asset management companies apply for Bitcoin, Ethereum, Solana, and XRP. Reaction to Canary’s Litecoin ETF application James Seifert, an ETF analyst at Bloomberg Intelligence, shared the news about X, saying, “New ETF issuer Canary (which recently applied for the Ripple XRP ETF) has just applied for a Litecoin ETF.” He further explained the company’s leadership…

British multinational bank Standard Chartered said that with just three weeks until the US presidential election, Bitcoin is on track to match its all-time high of nearly $73,800 due to several key factors.In a note shared with Decrypt, Standard Chartered said the recent rise in Bitcoin prices is due to strong inflows into Bitcoin ETFs, new buying of up-priced BTC call options, and prediction markets such as Polymarket and Calci. He said it is being driven by President Donald Trump’s increased odds of winning.“Net inflows into Bitcoin ETFs now exceed $19 billion, equivalent to 315,000 BTC, as institutional investor interest…

Important points Canary Capital’s Litecoin ETF aims to simplify access to Litecoin for investors. The ETF stores Litecoin in cold storage to minimize security risks. Share this article Canary Capital has officially filed for a Litecoin ETF with the SEC, following its filing for an XRP ETF earlier this month. According to Canary Capital, the ETF allows investors to bypass the complexities typically associated with directly acquiring and securing LTC, such as setting up a digital wallet, handling private keys, and operating an exchange. Instead, investors can buy shares in an ETF that represents the value of LTC.The trust behind…

Sacramento-based video game developer Azra Games has secured $42 million in Series A funding with investments from Pantera Capital, Andreessen Horowitz, and NFX. According to the company’s press release, the funds will be used to develop a mobile-first role-playing game that integrates blockchain technology and non-fungible tokens. This brings the company’s total funding to $68.3 million. Azra CEO Mark Otero previously developed one of Electronic Arts’ most successful games, Star Wars: Galaxy of Heroes. Otero aims to create a new RPG that leverages blockchain technology. Azura Games plans to use the funding to expand its team and advance development projects.…

Canary Capital, a US-based asset management company, has applied to list a Litecoin spot exchange-traded fund (ETF). The company named the product the Canary Litecoin ETF, according to a Form S-1 filing with the U.S. Securities and Exchange Commission (SEC). Litecoin ETF: Can it make a difference? One reason most people don’t know is that Litecoin is rarely considered a security by the US SEC. In particular, digital currencies are one of the oldest assets in the industry with complete utility. This effort for an LTC ETF product is the first to be filed in the United States. Canary Capital…

Tether, the world’s largest stablecoin issuer by market capitalization, is expanding its focus into traditional finance (TradFi) and commodity trading, according to CEO Paolo Ardoino. In an interview with The Block, Ardoino acknowledged that Tether is in the early stages of exploring opportunities in these areas. However, he added that these activities will be handled through Tether’s investment arm and will not affect the company’s stablecoin reserves. “Tether is in the early stages of exploring various commodity trading and TradFi opportunities,” Ardoino said. “This operation will not impact stablecoin reserves as it will be carried out through a separate Tether…

Companies often feel threatened by the blockchain space due to its technical complexity, long development cycles, and security risks from quantum computing threats. Qubetics ($TICS), a Layer 1 project, is here to simplify blockchain adoption with the QubeCode application. This allows businesses across industries to take advantage of blockchain technology without technical complexity, providing a scalable, secure, and customizable solution for everyone.As VeChain launches solar NFTs for renewable energy investments, Tokero’s user-friendly interface allows businesses to quickly set up corporate accounts and deposit globally.In an exciting turn of events, Qubetics raised a staggering $1.25 million in funding in just a…

Dogecoin (DOGE) still holds the top position among meme coins based on market capitalization, but decentralized finance saw potential for expansion when this meme coin was still trading around $0.06. experts are currently focused on Bitcoin Cash (BCH) and the Lunex Network. (LNEX). Bitcoin Cash (BCH) and Lunex Network both offer investors a good opportunity to diversify their portfolios as they search for the next great thing. Experts are analyzing the area around the $320 support and predicting a positive move in Bitcoin Cash (BCH) in the near future. On the other hand, Lunex Network offers investors a safer and…