September 23, 2023 9:01 PM | 2 min learn
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It was fairly a rollercoaster for the crypto world final week. From daring authorized strikes to debunking frequent misconceptions, the world of digital currencies continues to shock us. Right here’s a fast recap of the largest tales that unfolded over the weekend.
Grayscale Recordsdata For Ether Futures ETF
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Following their court docket victory in opposition to the SEC, Grayscale Investments are testing the waters with a brand new exchange-traded fund (ETF). This time, the fund can be centered on Ethereum futures (CRYPTO: ETH). The applying was filed beneath the Securities Act of 1933, the identical regulation that governs commodities and spot Bitcoin ETFs. Read the full article here.
Cryptocurrency: A Actual Know-how, Not a Rip-off
Caitlin Lengthy, founder and CEO of Custodia Financial institution, spoke to Benzinga to handle issues in regards to the legitimacy of cryptocurrencies. She drew parallels to the tech bubble and emphasised that the crypto market is in a part of refinement and maturation. Read the full article here.
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Tron Hits $1B in USDT
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The Tron Community celebrated a major milestone final week because it hit 1 billion USDT. Founder Justin Solar made the announcement by way of Twitter, proclaiming Tron (CRYPTO: TRX) because the “king of USDT.” Read the full article here.
Elon Musk’s Canine-Impressed Coin Tops Meme Coin Features Chart
Floki, a coin named after Elon Musk’s canine, is outperforming different prime meme cash like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIBA). Since its integration into LaborX, one of many main platforms for crypto and Internet 3 jobs, Floki has seen a rise of 96% because the starting of the yr. Read the full article here.
Anthony Scaramucci Stays Bullish on Bitcoin
SkyBridge Capital founder, Anthony Scaramucci, expressed his optimism for Bitcoin (CRYPTO: BTC) on the Messari Mainnet convention. He inspired Bitcoin holders to not promote, stating that the worst of the bear market is behind us. Read the full article here.
Learn Subsequent: Working a fully-booked lodge is past nerve-racking, however it’s about to grow to be rather more environment friendly thanks to at least one startup. It amassed $5.5 million within the seed spherical, 5x’ed its buyer base in 9 months, and is looking for investors.
Cryptocurrency Photograph by SvetlanaParnikova on Shutterstock
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“The Finest Report Benzinga Has Ever Produced”
Huge returns are attainable inside this market! For a restricted time, get entry to the Benzinga Insider Report, often $47/month, for simply $0.99! Uncover extraordinarily undervalued inventory picks earlier than they skyrocket! Time is operating out! Act quick and safe your future wealth at this unbelievable low cost! Claim Your $0.99 Offer NOW!
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