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Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis

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Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot Ethereum ETF, Backed by Correlation Data Bitwise’s proposed ETF, conducted in […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YXyB7ci

Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins

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Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making it easier for them to make transactions. Celo Aims for Usability in […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YXyB7ci

‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2

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The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the network and […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/2j1y3wf

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

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According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/2j1y3wf

Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin

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The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine Into a Single Coin Called ‘ASI’ In a communication dispatched to Bitcoin.com News, the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/2j1y3wf

CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities

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The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets. Kucoin’s Legal Battles Shine a Bright […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/2j1y3wf

Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value

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Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries and pay for gas.” Moreover, he expects governments to “constantly be issuing new currency replacements.” […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/no2W68u