Indian Cryptocurrency Exchange WazirX Introduces P2P ... - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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Source: Pixabay / Miloslav HamrikVanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years. The beneficiary of this initiative will be The Protocol Guild, a group comprising more than 150 developers who are responsible for maintaining Ethereum's core technology, the asset manager said in a recent post on X (formerly Twitter).VanEck said that it is only fair for asset managers to give back to the community that builds and supports the crypto protocol. "Thank you, Ethereum contributors, for nearly a decade of relentless building & ongoing stewardship of this common infrastructure," the company wrote. The company expressed its hope that other asset managers and ETF issuers would also consider adopting a similar approach.This move by VanEck aligns with the growing trend of crypto-native communities supporting the Ethereum network. Notable contributors include Lido Finance, Uniswap, Arbitrum, Optimism, ENS Domains, MolochDAO, and Nouns DAO. According to a public dashboard tracking donations to the Guild's mainnet, over $12 million has been generated from 4,846 contributions. These funds are distributed among the Guild's members based on a weighted ratio determined by their contribution periods.VanEck unveiled its upcoming Ethereum Strategy ETF (EFUT) on September 28, which will invest in ether futures contracts. The fund will be actively managed by Greg Krenzer, the head of active trading at VanEck, and is set to be listed on the Chicago Board Options Exchange in the near future.Investment Firms Rush to Launch Ether FundsIn addition to VanEck, other traditional investment firms are also planning to offer exposure to Ether futures. Valkyrie, another company in the space, plans to offer exposure to Ether futures through its existing Bitcoin Strategy ETF, now rebranded as the Valkyrie Bitcoin and Ether Strategy ETF. Bitwise also submitted an updated prospectus for their equal-weight Bitcoin and Ether futures ETF on September 28, with expectations of going live next week. Additionally, Kelly ETFs has partnered with Hashdex to deliver futures Ether ETFs in the near future.Most recently, Invesco and Galaxy Digital filed for a spot Ether ETF, dubbed Invesco Galaxy Ethereum ETF. Notably, the United States Securities and Exchange Commission (SEC) recently delayed its decision on approving a spot Ether product until December.However, there are speculations that futures-based Ether ETFs are expected to become available as early as next week. In fact, reports have suggested that the SEC may commence approval of Ether futures ETFs in early October, which has generated significant interest among asset managers eager to participate."Hearing the SEC wants to accelerate the launch of Ether futures ETFs (bc they want it off their plate bf shutdown) so they've asked the filers to update their docs by Fri pm (no small task to jam into 48hrs, esp for indie issuers), so they can go eff Mon and trade Tue," ETF analyst Eric Balchunas wrote in a recent post on X.Invesco and Galaxy Pursue Spot Ether ETF Application Blame the competition Indian Cryptocurrency Exchange WazirX Introduces P2P ...How do You Know When an ICO Goes Live? Cryptocurrencies are prone to the market’s extreme conditions caused by the absence of a central body that dictates their price. Due to their volatility, there are times their prices plummet. Compared to other investment options, cryptocurrencies have more erratic market fluctuations. This is why seasoned crypto holders always suggest trading and investing with due diligence.

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Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC Zuckerberg envisions people using these photorealistic avatars for remote-work meetings, gaming, and social interactions to feel a greater sense of presence and connection. The ability to "teleport" into virtual spaces with realistic avatars of loved ones could profoundly change human communication and civilization, according to Fridman. Polkadot-Based Derivatives Exchange Raises $6.4M at $50M ValuationBitcoin is a ‘super logical’ step on the tech tree — OpenAI CEO City officials claimed that 649,000 personal digital yuan wallets have been opened in Huizhou thus far.

Energization of Marathon’s facility in Garden City, Texas is still not complete, and the company is focused on increasing the mining efficiency of its location in McCamey, Texas. Crypto, whether you like it or not, is going to become an industry, and — if it truly proves the widespread utility it has claimed, especially as scaling challenges are met and bad actors are flushed out — might be all the better for it. Bitcoin ATM Map-Find Bitcoin ATM, Online Rates“It’s a really challenging time to want to be an equity investor in US stocks right now,” Tudor Jones said. It is currently retesting the $27,500 support level, and a breakdown could lead to a further drop to the 50-day moving average in the short term. On the other hand, a bullish rebound and a break above the 200-day moving average could finally pave the way for the market to target the critical $30K resistance zone once again.

CommEX appears to be only one of the firms relying on Binance technology or liquidity to serve the Russian market. Nominex, the creator of “entertrading” — a portmanteau of entertainment and trading — advertises itself as an “Official Binance Broker,” and even specifically highlights that “all funds are stored on Binance and, in fact, transactions are also executed on the Binance exchange.” These dApps can enjoy benefits such as efficient liquidity utilization, coherent application logic, and shared states across different blockchain platforms. Meanwhile, users of Celer-enabled dApps will experience the simplicity of a single-transaction user experience while accessing the diverse multi-blockchain ecosystem. Coinbase Derivatives Exchange To Launch BTC, ETH FuturesThe analyst then forecasts the further course of the Pi Cycle indicators, which seem to move along the track of an ascending sinusoid. Moreover, he connects the previous two peaks and uses the extension of the trend line thus formed to predict the peak of the Bitcoin price. As per Goel, the fact that Layer-2s are taking the lead in terms of transaction throughput is not surprising. He told Decrypt that “the longer-term view has always been that L2 transactions will overtake Ethereum's,” adding, “it was clear during the bull market of 2020-21 that Ethereum mainnet's block space alone wasn't going to be enough.”

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