Bitcoin Slumbers as ETF Hopes Simmer; PEPE Leads Altcoin Gains
Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.
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ether
Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.
Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post.
Ripple’s XRP was down 25% from its highest levels on Thursday.
STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets.
BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surprises that could erect obstacles to further gains.
PLUS: The first half of 2023 has so far been very promising for crypto majors.
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28.
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month.