MOG, PEPE Rocket as Traders Search for Ether Beta Bets
Meme coins have been increasingly seen as a way to bet on the growth of the underlying network they are issued on.
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Meme coins have been increasingly seen as a way to bet on the growth of the underlying network they are issued on.
The notional open interest, or the dollar value locked in the number of active ether futures contracts, surged by 25% in a single day.
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
These market dynamics ultimately determine the current price of any given cryptocurrency. Cryptocurrencies such as Bitcoin and Ethereum enjoy high levels of liquidity and trade at similar rates regardless of which specific cryptocurrency exchange you’re looking at. For smaller alternative cryptocurrencies or altcoins, there can be noticeable price discrepancies across different exchanges. Generally, cryptocurrency price data will be more reliable […]
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SEC headquarters (Nikhilesh De/CoinDesk)
The three-day conference (May 29-31) features a host of big-name speakers from the realm of blockchain tech, including Sergey Nazarov, Casey Rodarmor, Joe Lubin, Emin Gün Sirer and Rune Christensen. Here is a preview of everything on offer.