Latest Crypto News (16.07.2024)
BitKan News — $ETH: Up +5.99% (Past 24H). CoinDesk: SEC tells spot Ethereum ETF issuers that they can start trading on July 23. Bloomberg analyst Eric Balchunas said that the SEC requires them to submit the final S-1 form this Wednesday and apply for effectiveness after the close of next Monday so that they can start on Tuesday (July 23).
🚨 What Happened In Crypto Over The Last 24 Hours? 🚨
• $BTC: Up +5.77% (Past 24H). Dell CEO Michael Dell retweeted BlackRock CEO Larry Fink’s video and said: Fascinating Bitcoin. Larry Fink said that his doubts about Bitcoin five years ago were wrong, bitcoin is legitimate, digital gold, and an investment tool that the country cannot control and can deal with hyperinflation.
Significance: ★★★★☆
• $ETH: Up +5.99% (Past 24H). CoinDesk: SEC tells spot Ethereum ETF issuers that they can start trading on July 23. Bloomberg analyst Eric Balchunas said that the SEC requires them to submit the final S-1 form this Wednesday and apply for effectiveness after the close of next Monday so that they can start on Tuesday (July 23).
Significance: ★★★★☆
• $MKR — Up +3.65% (Past 7D). Federal Reserve Chairman Powell said on Monday that the Fed will not wait until inflation falls to 2% before starting to cut interest rates. The Fed needs more evidence of falling inflation to ensure the correctness of policy adjustments. The recent slowdown in inflation and economic activity is generally in line with the Fed’s expectations.
Significance: ★★★☆☆
• $POPCAT — Up +31.6% (Past 7D). Following after the ETH ETF is likely to be Solana (SOL) ETF, resulting in the SOL memecoin ecosystem to be on the rise lately.
Significance: ★★☆☆☆
• $APE — ApeCoin has unveiled Apechain Testnet (Curtis).
• $CTC — Creditcoin has announced the “March to Mainnet”. The first phase reveal is tomorrow.
• $FIDA — Solana name service Bonfida is rebranded to @sns.
• $GLM — Golem has announced Modelserve, a scalable AI model inference service. Beta tests are complete, with community tests in July.
• $MAVIA — Heroes of Mavia has announced the upcoming launch of the Web Marketplace for $MAVIA and Ruby exchange, enabling real money earning soon.
• $MOCA — Animoca Brands will launch the blockchain-based kart racing game Cosmic Royale in Q4 2023. Beta for Moca NFT and ID holders starts July 24.
• $ORN — Lumia has announced that the $ORN HyperNodes sale begins on July 18.
• $OM — MANTRA has announced that Season 2 of the 50,000,000 $OM GenDrop will start on July 17.
• $THETA — Theta Network is set to launch the mobile version of the Theta Edge Node for Android devices on September 25th.
• $ZKJ — Polyhedra Network has announced the launch of its Staking Program V2. The first rewards will be distributed on July 18.
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