Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno.
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Regulatory concerns force Ether ETF issuers to abandon staking plans, sparking conflicting community views and discussions on investor appeal.
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Numbers don’t lie — spot bitcoin exchange-traded funds (ETFs) have been a boon for the market. The first day of trading in the US saw over $4.6 billion in volume. Within a month, bitcoin rose above $50,000 for the first time since the bear market and hit $70,000 in March for the first time ever.
But this bitcoin ETF liquidity boost does not address any of the underlying issues in today’s crypto user experience, nor does it offer investors empowerment through self-custody.
In the case of ethereum ETFs, the outcome will likely be the same. Rather than rely on regulatory approval of such financial products to welcome traditional investors onboard, our industry needs to reimagine…
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A group of bipartisan lawmakers, including Majority Whip Tom Emmer and NJ Democrat Josh Gottheimer, have sent a letter to Gary Gensler calling for the SEC to take action and approve spot Ether ETFs and other digital assets that provide investors a safe and transparent way to get involved in crypto.
HKMA deputy chief executive Arthur Yuen said that enhancing employees’ skills would allow them to “coexist with technology in the AI era.”
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Bitcoin bull Lee sees BTC price action doubling its current all-time highs before the end of the year.
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With StepN Go, users are now able to share their digital sneakers with friends and split the earnings with the new token, the Go Gaming Token.
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Eleanor Terrett revealed that the SEC had started discussions with Ethereum ETF issuers regarding S-1 forms on May 22.
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Indeed, according to sources representing cryptocurrency, the US Securities and Exchange Commission (SEC) is now in interactions with those who are interested in filing registration statements for S-1s on Ethereum ETFs. One issuer head said the agency seems a bit overwhelmed by the rapid changes in tone at the top, and these are critical conversations in the early going.
“After all the procedural requirements, the SEC has already processed together the 19b-4 forms of the Bitcoin ETFs and is now facing a critical decision deadline for the 19b-4 form of the VanEck Ethereum ETF. The VanEck Ethereum ETF today is pegged to receive its pivotal decision, and with that, optimism is high among market watchers including Bloomberg.
However, despite the possible approvals closer at hand, the effectiveness of the S-1 forms needed for the actual start of ETF trading could still be delayed. More amendments and re-filing are expected, so the public Athena could possibly wait in a few years more before Ethereum can be welcomed to standard trading platforms.
Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue.
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