September 23, 2023 9:01 PM | 2 min learn
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It was fairly a rollercoaster for the crypto world final week. From daring authorized strikes to debunking frequent misconceptions, the world of digital currencies continues to shock us. Here’s a fast recap of the largest tales that unfolded over the weekend.
Grayscale Files For Ether Futures ETF
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Following their court docket victory in opposition to the SEC, Grayscale Investments are testing the waters with a brand new exchange-traded fund (ETF). This time, the fund will probably be centered on Ethereum futures (CRYPTO: ETH). The software was filed below the Securities Act of 1933, the identical regulation that governs commodities and spot Bitcoin ETFs. Read the total article right here.
Cryptocurrency: A Real Technology, Not a Scam
Caitlin Long, founder and CEO of Custodia Bank, spoke to Benzinga to deal with considerations in regards to the legitimacy of cryptocurrencies. She drew parallels to the tech bubble and emphasised that the crypto market is in a section of refinement and maturation. Read the total article right here.
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Tron Hits $1B in USDT
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The Tron Network celebrated a big milestone final week because it hit 1 billion USDT. Founder Justin Sun made the announcement through Twitter, proclaiming Tron (CRYPTO: TRX) because the “king of USDT.” Read the total article right here.
Elon Musk’s Dog-Inspired Coin Tops Meme Coin Gains Chart
Floki, a coin named after Elon Musk’s canine, is outperforming different prime meme cash like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIBA). Since its integration into LaborX, one of many main platforms for crypto and Web 3 jobs, Floki has seen a rise of 96% for the reason that starting of the yr. Read the total article right here.
Anthony Scaramucci Stays Bullish on Bitcoin
SkyBridge Capital founder, Anthony Scaramucci, expressed his optimism for Bitcoin (CRYPTO: BTC) on the Messari Mainnet convention. He inspired Bitcoin holders to not promote, stating that the worst of the bear market is behind us. Read the total article right here.
Read Next: Operating a fully-booked lodge is past annoying, but it surely’s about to grow to be way more environment friendly thanks to at least one startup. It amassed $5.5 million within the seed spherical, 5x’ed its buyer base in 9 months, and is in search of traders.
Cryptocurrency Photo by SvetlanaParnikova on Shutterstock
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“The Best Report Benzinga Has Ever Produced”
Massive returns are doable inside this market! For a restricted time, get access to the Benzinga Insider Report, normally $47/month, for simply $0.99! Discover extraordinarily undervalued inventory picks earlier than they skyrocket! Time is operating out! Act quick and safe your future wealth at this unbelievable low cost! Claim Your $0.99 Offer NOW!
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