Galaxy Digital’s Thorn says SEC could label staked ETH as security in ETF plans

As an experienced financial analyst, I believe that Alex Thorn’s perspective on the SEC possibly classifying staked Ethereum as a security to potentially approve spot Ethereum ETFs is noteworthy. The nuanced distinction he suggests could be a viable solution for the SEC to navigate the complex regulatory landscape surrounding cryptocurrencies and ETFs. According to Alex … Read more

Decentralized Funding Protocol Polimec Launches On Polkadot

As a researcher with a background in blockchain technology and decentralized finance, I am thrilled about the launch of Polimec on Polkadot. The potential for community-driven funding and transparency that this parachain offers is truly revolutionary. As a crypto investor excited about the decentralized funding landscape, I’m thrilled to share that Polimec, the community-driven parachain, … Read more

Bitcoin Hits High in Philippines, Japan, Argentina’s local currency

As an analyst with a background in global economics and experience living in countries with high inflation rates like Argentina, I find the current surge in Bitcoin’s value quite intriguing. The record highs being set in various global markets, including Japan and Argentina, where local currencies have been experiencing instability, highlight the growing appeal of … Read more

Bitcoin ETFs See $237M Inflows as BTC Surges 7% to $71000

As a researcher with extensive experience in the cryptocurrency market, I find the recent surge in Bitcoin ETF inflows to be an exciting development. With $237 million in net inflows on May 20 alone, it’s clear that institutional investors are increasingly bullish on Bitcoin and its potential for long-term growth. On May 20th, investors poured … Read more

Ethereum jumps 17% on increased ETF approval odds

As an experienced financial analyst, I believe the news of a higher chance for Ethereum (ETH) ETF approval by the U.S. Securities and Exchange Commission (SEC) has significantly contributed to the recent surge in Ethereum’s price. The potential approval would represent a major milestone for the cryptocurrency market as a whole, increasing institutional adoption and … Read more