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VanEck Europe launched a new exchange-traded note (ETN) based on SUI today. This product is available in 15 European countries and is one of several new VanEck ETNs in this market. Amidst this development, SUI’s price is experiencing massive spikes. VanEck Europe’s ETN Approach According to a new press release, asset manager VanEck’s European branch is launching an exchange-traded note...
BlackRock, the world’s largest asset manager, has announced the expansion of its tokenized USD Institutional Digital Liquidity Fund, known as BUIDL. By creating new “share classes” on these platforms (Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon), BlackRock is broadening entry to the fund. BlackRock in the Digital Assets Ecosystem Each supported blockchain enables...
FLOKI price has seen an impressive surge, climbing 21.79% in the last 24 hours and up 62.39% over the past week. This rally has pushed several key indicators into bullish territory, showing strong upward momentum. However, caution is warranted as some signals suggest that the current trend may face resistance or a potential pullback. The coming days will be crucial for determining whether...
Supreme Court justices indicated they may deliver a limited ruling in a shareholder lawsuit against Nvidia Corp. The alleged lawsuit claims that the company misrepresented its reliance on crypto mining revenue to investors.  During Wednesday’s hearing, several justices questioned whether the Supreme Court should have taken Nvidia’s appeal, noting the absence of broader legal implications....
Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing momentum. Indicators such as ADX and whale activity suggest that while ADA remains in a positive trend, its strength is weakening. This points to a critical phase where ADA will either find...
Ethereum (ETH) price has been on a remarkable rally, gaining 20% over the past week. This rally has been fueled in part by a significant outflow of ETH from exchanges, suggesting growing confidence among holders. Whale accumulation has also picked up, hinting at increasing bullish sentiment. However, with recent minor corrections, ETH is now at a pivotal point, testing its support and...
Federal agents seized Polymarket CEO Shayne Coplan’s phone and other electronic devices early Wednesday.  The move comes shortly after the election-betting platform accurately forecasted President-elect Donald Trump’s victory and outperformed the traditional polls.  Polymarket CEO Might Face Election Manipulation Acquisitions  Law enforcement officers arrived at Coplan’s Soho residence...
Indian Police have arrested SK Masud Alam, a resident of West Bengal, for his alleged role in the WazirX hack. Earlier this year, the hack resulted in over $230 million in cryptocurrency losses, as customers were unable to withdraw their funds.  Alam is accused of creating a fake account under the alias Souvik Mondal, which he allegedly sold via Telegram to the hacker. This account was later...
Earlier today, dogwifhat (WIF) experienced a decline below $3 amid a broader market downturn that affected many cryptocurrencies. However, the WIF coin price quickly rebounded and is currently trading at $3.16. But does this mean the Solana meme coin will continue to climb? This analysis takes a look at the possibility.  Dogwifhat Sees Resurging Buying Pressure WIF’s swift rebound coud...
Solana-based meme coin BONK has surged by 12% in the past 24 hours. It has outperformed top meme coins like Pepe (PEPE) and Shiba Inu (SHIB), whose values have dropped 3% and 7%, respectively, during the same period. This rally is primarily driven by the excitement around the BONK/USDT trading pair, which has just gone live for trading on Binance. US.  BONK’s price rally is accompanied by a...