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The digital asset market saw the groundbreaking approval of both Ethereum and Bitcoin ETFs this year. The development signaled a massive shift in exposure and prominence within the finance sector. With more assets sound to receive similar investment offerings, could a Shiba Inu ETF be on the horizon? There have already been discussions regarding what cryptocurrency could follow BTC and ETH. Standard Chartered Bank has already predicted that Solana and Ripple will get iterations of the ETF in 2025. However, the second-largest meme coin by market cap getting its own iteration of the investment vehicle would truly signify the dawn of a brand new era. Also Read: ChatGPT 4o Shares 3 Factors That Can Push Shiba Inu Above $0.0001 Shiba Inu ETF Launch and a Game-Changer for Investors Over the last several months, the cryptocurrency industry has seen two milestone moments take place. First, Bitcoin received the inaugural crypto-based spot ETF in the United States. Just five mo...

Following the Bitcoin halving in April, analysts and investors remain on the edge of their seats in anticipation of a major price breakout by the maiden cryptocurrency. While Bitcoin did rise to $71,443 in the past week, the token soon suffered a retracement falling as low as $66,936.  Interestingly, renowned analyst with X handle Rekt Capital has provided an interesting insight into this recent price movement and also predicted the period BTC may finally embark on a highly-anticipated bullish run.  Related Reading Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch 10 hours ago Bitcoin To Consolidate For A Long Time – Analyst In a series of X posts on May 24, Rekt Capital noted that after the halving event, Bitcoin entered the “post-halving danger zone”, a period during which the token lost about 11% o...

Bitcoin whales are not backing down from the market and have continued to capitalize on the pump by buying every dip. The most recent dip toward $60,000 saw these large investors gobble up BTC at an alarming rate, with their daily spending coming in at billions of dollars. Bitcoin Whales Buy $6.3 Billion Worth Of BTC In a stunning discovery, co-founder of Bitcoin-based company Apollo, Thomas Fahrer, revealed that Bitcoin whales have been rapidly buying up the tokens amid price drawdown. More specifically, the daily spend of these whales caught Fahrer’s eye. Related Reading Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, Analyst Says 2 days ago The report shared by the founder shows that while smaller investors had been selling, Bitcoin whales were buying up billions of dollars worth of coins. In the 24-hour per...

Discover the best cryptocurrencies to invest in today. Learn why these standout choices offer unique opportunities for growth and innovation in the current crypto market. The cryptocurrency market recently experienced a significant development with the approval of the Spot Ethereum ETF, causing bullish sentiment among altcoins. As a result, investors are now searching for the best altcoin to buy. This article explores the most promising altcoins today, offering essential insights for those looking to capitalize on the current upswing.  Best Crypto to Buy Now Among the tokens experiencing significant growth are Monero, Aave, and Pendle. Monero is showing positive indicators for potential price increases, having recently broken out of a downward trend, which suggests an upward price movement might be on the horizon. In addition, the 99Bitcoins token has also attracted significant attention, raising over $1.5 million during its presale phase. Furthermore, Pendle has experienced a ...

1. SEC Approves BlackRock and Fidelity’s Eight Ethereum ETFs on Thursday link Ethereum Spot ETF Receives SEC Approval, ETH Recognized as a Commodity On Thursday evening Eastern Time, the U.S. Securities and Exchange Commission (SEC) disclosed that it has approved Form 19b-4 filings for eight issuers of Ethereum ETFs, including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. Although ETF issuers still need to have their S-1 registration statements become effective before trading can commence, it is currently unclear how long this process will take. Some analysts speculate it could take several weeks. In the meantime, VanEck has promptly submitted a revised S-1 application for its spot Ethereum ETF. BlackRock’s spot Ethereum ETF has already been listed on the DTCC website with the ticker symbol ETHA. Consensys remarked that Thursday’s approval indicates that the SEC regards ETH as a commodity rather than a security, contrasting with its previ...

Binance Coin, or BNB, is a leading crypto token that is steadily carving its own pace. The token has been up 5% in the last week, trading at a price threshold of $614. With the current bullish onset of the market, several notable crypto analytics platforms have forecasted fresh predictions for the token based on the current market trajectory and pace. Per CoinCodex, BNB can achieve a critical price milestone in the month of June, including heading towards a new ATH, if it continues to leverage the bullish phase of the market. Also Read: BONK Claims $2 Billion Market Cap: How High Can It Trade This Weekend? Binance Coin or BNB June Forecast Source – Coinpedia Launched as a central coin powering the Binance cryptocurrency exchange, BNB has come a long way since its inception in 2017. Since then, the token has been serving the exchange by facilitating a wide variety of functionalities, including helping users avail a discount on Binance while transacting via BNB co...

President Joe Biden’s re-election campaign team has posted a job opening for a meme expert. Biden’s team is looking for a “Partner Manager” that will be responsible for “engaging the internet’s top content and meme pages” on a daily basis. A salary between $65,000 and $85,000 a year will be paid to the meme manager, with the position open to anyone residing in Wilmington, Delaware, according to the posting . Joe Biden Trying To Appeal To Younger Voters The job opening seems to be part of an effort to appeal to younger Gen Z voters. It also comes after former President Donald Trump said Biden doesn’t even know what crypto is at a recent wine and dine event for NFT investors. This is not the first time Biden’s team is attempting to dabble in memes. Biden’s campaign also embraced the “Dark Brandon” laser eyes meme in early 2022 in an attempt to cast the 81-year-old as internet-savvy. Just like we drew it up. p...

Notable economist and financial personality Peter Schiff is back with his eccentric comments concerning Bitcoin and the overall cryptocurrency market. Taking it up on X, Schiff dissected the Bitcoin narrative, adding how the rise of Bitcoin is overshadowing the gold and silver bullish phases. Also Read: What’s Happening Between The US Dollar And The Japanese Yen Today? Schiff Disses Bitcoin, Again Source: Entrepreneur Peter Schiff, a leading economist, has grabbed global attention by making his Bitcoin-centric views known to the world. The economist took to X to share another opinion, adding that the rise of Bitcoin to $78k is overshadowing the bullish momentum of the gold and silver rally. Schiff later dubbed the current price hike of Bitcoin as “insignificant,” adding how the current Bitcoin rally is suppressing the stellar price hikes documented in the sectors of gold and silver. The economist was later accused of BTC’s current price surge, reiterating...

The Degen price is up 19% in the past 24 hours to trade for $0.0234 as of 06:10 a.m. EST on trading volume that surged by 60%. Besides the broader market’s current bullishness, the surge in the DEGEN price can be attributed to Farcaster’s $150 million Series A fundraising. Farcaster is a decentralized protocol for building web3 social media apps and facilitates the creation of social apps where users enjoy control over their interactions and audience. Degen Price Rallies On Farcaster’s $150 Million Series A Funding Advertised as blockchain’s answer to traditional social media, the Farcaster community’s token is Degen (DEGEN). The platform revealed having raised $150 million in its latest Series A funding round. Dan Romero, the founder of Farcaster and former Coinbase executive, said in a post on X on Tuesday that the funds will “support our work on Farcaster for many years.” Excited to share the news about our recent fundraise! pic.twitte...