The heads of VanEck and CoinShares, the firms that submitted the initial applications for US Ethereum ETFs, express doubts about the SEC’s approval of their investment products. In a recent interview with CNBC on Tuesday, Jan van Eck, the CEO of VanEck, shared his expectation that the VanEck Ethereum ETF may be denied approval by … Read more
Solana’s development team aims to address the recent transaction glitches and failures, which have affected the blockchain network, by implementing a solution no later than April 15. The CEO of Helius Labs explains that the problems with the blockchain network are caused by a programming error rather than a fundamental issue with its design. Solana … Read more
Circle, a fintech company, announced its intention to offer Web3 services to users of Solana, a Layer 1 Blockchain network. This move highlights not only the growing significance of stablecoins such as USDC in creating a comprehensive financial system, but also the expanding functions of the crypto market at large. The platform is now allowing … Read more
As the Bitcoin halving draws near, there’s a mix of eagerness and anxiety among cryptocurrency enthusiasts. For more than ten years, early Bitcoin investors have looked forward to this occurrence with anticipation, while less productive crypto miners express apprehension. Bitcoin miners are wary of how the upcoming halving event might affect their earnings yet acknowledge … Read more
In simpler terms, the CEO of Marathon Digital Holdings, Fred Thiel, believes that Bitcoin‘s upcoming “halving” event, which is a software update supposed to increase its price, might have been accounted for in the current market value, as he shared in an interview with Bloomberg TV. In simple terms, the price of Bitcoin surged by … Read more