CRYPTO

Authored by Felix Ng via CoinTelegraph.com,

Galaxy Digital’s head of asset management believes spot Ether exchange-traded funds will be approved in “weeks” rather than days but agrees the decision will come sometime in July. 

“Look, we’ve done this before. This is methodical, this is window dressing, the SEC is engaged,” said Steve Kurz in an interview with Bloomberg TV on July 2.

Galaxy Digital is one of eight asset managers with a proposed spot Ether (more…)

Authored by Alexandre Stachtchenko via Bitcoin Magazine,

When they descended into coal mines, miners would take a caged canary with them.

The toxic gasses, notably carbon monoxide, that accumulate in these places and pose a deadly risk to miners, would kill the canaries before the miners.

This information made them aware of the danger, enabling them to evacuate before it was too late.

On May 14, 2024, Alexey Pertsev, a software developer who built an open-source (more…)

For much of the past year, Standard Chartered's Geoffrey Kendrick has had a nice, round number in mind for his 2024 year-end price target: after (somewhat accurately) predicting in late 2022 that Bitcoin could tumble as low as $5000 in the aftermath of the FTX collapse, Kendrick flipped in mid-2023 at which point – and ever since – he has argued that due to the "seismic changes in the institutional approach to Bitcoin in the United States", the cryptocurrency would hit all time (more…)