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21Shares, a leading cryptocurrency exchange traded product (ETP) company, has announced that it is seeking a more complete regulatory framework from European authorities. According to a new announcement from 21Shares, the company is asking the European Securities and Markets Authority (ESMA) to create a regulatory framework for crypto assets for Collective Investment Units in Transferable Securities (UCITS) funds. According to 21Shares, Europe is currently plagued by legal disagreements between member states, resulting in certain UCITS being allowed to hold cryptocurrencies while others are not allowed to hold cryptocurrencies. Possession is prohibited. The company also claims that the lack of consistency…
Satoshi Nakamoto, the mysterious and anonymous creator of Bitcoin, has been successful in hiding his true identity ever since he published his Bitcoin whitepaper in 2008. $3,000 that gives you unparalleled access to Web3’s community of top entrepreneurs, creators, investors, premium networking, priority access to global events, free access to Forbes.com and Forbes CryptoAsset & Blockchain Advisor newsletters, and more Get more benefits. Apply now! Bitcoin has become a $1.2 trillion asset over the past 15 years (though one Wall Street titan predicts that the asset could rise even more) and is known only as Satoshi Nakamoto. This man, woman,…
ETFSwap (ETFS) is quickly emerging as a cryptocurrency to watch, with experts predicting it will surpass popular tokens like Shiba Inu (SHIB), Dogecoin (DOGE), and PEPE combined. Masu. What is causing this sudden excitement? Crypto whales are taking notice and will be able to get their hands on ETFSwap (ETFS) before the price explodes thanks to its advanced infrastructure, cutting-edge utilities, and groundbreaking features built on the Ethereum blockchain. I’m in a hurry to get it in. ETFSwap (ETFS): The Pioneer of Growth and Returns The current buzz surrounding ETFSwap suggests that it is a game-changer in the crypto world,…
Signum Bank says Solana could surpass Ethereum, Intel Market aims for $1Solana (SOL) and Ethereum (ETH) have been in a fierce competition for years, with many analysts debating which cryptocurrency has a better position in the market. Recently, Sygnum Bank provided support to Solana, suggesting that Solana has the potential to outperform Ethereum.In another notable development, IntelMarkets has been making great strides in the cryptocurrency space, with its tokens increasing by an impressive nearly 200% in the last month. Analysts predict that the value of this DeFi token could reach $1 in the near future.Signum Bank: Solana could flip EthereumAccording…
Ethereum staking has continued to rise this year despite the emergence of spot exchange-traded funds (ETFs) and relative price weakness for digital assets.On October 8, blockchain analysis firm IntoTheBlock reported that Ethereum staking has increased by 5.1% this year, with 28.89% of the total ETH supply currently staked, up from 23.8% in January.According to data from Dune Analytics, approximately 37.79 million ETH is currently staked, worth approximately $84.8 billion, with over 1 million validators contributing. IntoTheBlock also reports that 15.3% of this staked ETH has been locked for at least three years, reflecting strong investor confidence in Ethereum’s long-term potential.Ethereum…
Tuesday’s biggest S&P 500 gainers 36 minutes ago progressive Shares of data analytics company Palantir Technologies (PLTR) soared 6.6% on Tuesday, the biggest single-day gain in the S&P 500 index. Asset management firm Ark Invest has identified software as an area with greater scope to benefit from artificial intelligence (AI) trends. Rahul Bhushan, managing director at Ark Invest Europe, said companies like Palantir are poised to take market share from mega-tech companies whose cloud computing platforms are the focus of a new AI boom. He said it may be ready. Edwards Lifesciences (EW) stock rose 6.2%. The company’s heart valve…
Open Network (TON), the layer 1 blockchain linked to the social platform Telegram, has achieved a new milestone in its history. According to data from CryptoQuant analysts, the L1 blockchain now has 100 million unique wallet addresses with non-zero balances. This represents a 95% increase from the start of the year, when the number of active users was “only” 4.3 million. What’s behind TON’s growth? TON’s surge in active users can be attributed to its partnership with Telegram. The social messaging platform initially created the TON blockchain under the name Telegram Open Network, but plans to integrate it into its…
Dear LizzieRecently, I noticed that an old friend from college seemed to be promoting cryptocurrencies on his Facebook page. Part of me wants to text her and ask her, “Are you sure you’re okay?”I doubt her Facebook page was hacked unless there was some way to create a very convincing photo of her holding a diploma from some…cryptocurrency institute. And she posts client success stories in a way that makes you think she’s involved in an MLM scam.Is this something? Should I call her and ask if she’s okay? Or is it better to invest?facebook friendsDear Facebook Friends,I think it’s…
San Francisco-based blockchain company Ripple has been named a “Platinum Winner” in Juniper Research’s FinTech & Payments Awards for “Best Cross-Border Payments Platform.”Meanwhile, Ripple’s cryptocurrency XRP remains in the red and is currently trading at $0.53. This is not the first time Ripple has been recognized by Juniper Research. Last year, the company was also recognized for CBDC innovation. Specializing in areas such as fintech and IoT markets, this analyst house has determined various winners in the areas of banking innovation, fintech innovation, payments innovation, as well as fraud and security innovation. .SAP Fioneer, a provider of cloud-based software solutions…
Tether may remain in the EU market despite concerns about the impact of MiCA rules on stablecoins. Stablecoin company Tether plans to bring new products to the EU market amid changing regulations, according to a report from Coindesk. Tether said in a statement that it is developing a technology-based solution “customized to meet the needs of the European market,” adding that it will make the technology public “in due course.” The company broadly praised the EU’s Markets in Cryptoassets (MiCA) Regulations, but criticized certain aspects of the new regulations. Tether said: “As we have consistently stated, several aspects of…