VanEck Files Updated Bitcoin ETF Application with the U.S SEC
TheNewsCrypto
by Shanawaz
7h ago
The “HODL” ticker symbol will designate the VanEck spot Bitcoin ETF on the exchange.  In Q1 2024, the firm expects Bitcoin ETFs to raise $2.4 billion. An updated spot Bitcoin ETF application was filed to the United States SEC on Friday by VanEck, a mutual fund and ETF management firm. The “HODL” ticker symbol will designate the VanEck spot Bitcoin ETF on the exchange. According to an S-1 filing with the United States SEC on December 8, VanEck has amended its spot Bitcoin ETF, VanEck Bitcoin Trust. Advisor of VanEck, Gabor Gurbacs, went to X, stating, “HODL” is the finest ticker in ..read more
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Shiba Inu Touches $0.00001 Then Retreats: What Next For SHIB?
TheNewsCrypto
by Vignesh k
7h ago
Shiba Inu (SHIB) briefly touched $0.00001, eliminating a zero from its value. Within 15 minutes, the token retraced, adding the zero back to its price. IntoTheBlock data reveals 129.4 trillion SHIB tokens concentrated in the $0.00001 to $0.000011 range. Shiba Inu recently reached a significant milestone, touching the elusive $0.00001 mark, symbolizing the removal of a zero from its value. The brief celebration, however, proved fleeting, lasting a mere 15 minutes before SHIB retraced its steps, promptly adding the zero back to its price figure. However, SHIB has surged again to delete a zero ..read more
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Gate.io Lend & Earn Reaches New Heights With $500M in Loaned Assets
TheNewsCrypto
by Jine Angel
7h ago
Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter of that sum being in the form of Tether (USDT). Lend & Earn has quickly become one of Gate.io’s most sought-after features. The platform utilizes intelligent algorithms to match borrowing demand with available capital, ensuring that both lenders and borrowers receive optimal rates appropriate for the current market and demand. Fair ..read more
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Solana Rallies Over 15% as Price Witnesses Strong Bullish Momentum
TheNewsCrypto
by Mohamed Faisal
11h ago
At the time of writing, SOL is trading at $73.16, up 15.54% in the last 24 hours. If the price manages to go above $78.4 level, then it will likely test $90.2 resistance level. It is possible that the recent price spike of SOL was caused by the issuance of Jito tokens to users of Solana. The Jito Network airdrop caused the JTO token to surge 88% to a new all-time high of $3.18, much to the delight of the Solana community. Thanks to consistent trading worth over $1 billion, Jito’s airdrop didn’t lead to a price drop—unlike previous airdrops that often result in tokens being sold off fast and ..read more
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Ethereum and Solana Lead Crypto Rally as Bitcoin Faces Correction
TheNewsCrypto
by Sarala
12h ago
Bitcoin’s price surge paused on Thursday, dropping from nearly $45,000 to $43,000. ETH climbed 6%, and SOL surged by more than 14.5% in the last 24 hours. On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356, while Solana (SOL) has surged over 14.5%, surpassing the $71 mark. Bitcoin (BTC) Trapped? After reaching a recent peak of nearly $45,000 e ..read more
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Web 3 & AI Professionals Choose Dubai as New Home, But Why?
TheNewsCrypto
by Aparna
12h ago
The broad spectrum of future technology is evolving fast. Lightning fast. As future tech companies have started to demand more from the cities they call home, investors also began to find themselves on an exhilarating journey. Seeking unparalleled opportunities that align with forward-thinking companies that promise not just returns, but the chance to be part of a revolution where growth knows no bounds.  However, future tech companies require regulation that evolves with technological adoptions, low taxes to allow for pivoting and fast changes, and access to the best talent pools. Brid ..read more
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BitMart Launches Vote-To-Listing Program in India
TheNewsCrypto
by Jine Angel
12h ago
BitMart Unveils Groundbreaking Vote-to-Listing Program in India, Aiming to Influence the Future Landscape of Crypto Trading. BitMart, the premier global digital assets exchange, is excited to announce the launch of its innovative NFT-based Vote-to-Listing Program tailored exclusively for projects with a substantial Indian community. This pioneering initiative marks a transformative step towards reshaping the landscape of cryptocurrency trading in India. Why Participate? Participating in BitMart’s exclusive Vote-to-Listing Program opens the door to unprecedented opportunities for project teams ..read more
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Chainwire Collaborates with Tokensoft for Boosting Crypto PR Coverage
TheNewsCrypto
by Nayazunissa
12h ago
Chainwire, a blockchain PR distribution service, has teamed up with Tokensoft, a digital asset and compliance platform. Through the arrangement, the Tokensoft ecosystem will have access to Chainwire’s world-class PR platform, enabling it to engage with cryptocurrency communities worldwide. Leading cryptocurrency ecosystems including Avalanche, The Graph, Connext Network, and Arbitrum rely on Tokensoft as an elite partner. Tokensoft specializes in token distributions, claims, fundraising, and compliance. Its operations need interaction with blockchain users across all significant international ..read more
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GhostDAG.org on the Verge of Hitting the $1M Milestone in Crypto Miner Setup
TheNewsCrypto
by Jine Angel
12h ago
GhostDAG.org is making significant progress in the field of crypto mining. They have recently acquired a substantial number of miners as part of their goal to establish a mining setup.  Their vision is to promote the adoption of KAS and make mining accessible to all. With the current mining rewards, they are generating a significant monthly revenue. The Acquisition Milestone The acquisition is a milestone for GhostDAG.org. It boosts their mining capacity significantly.  Miners, worth $880,000, are now part of their arsenal. These miners push their total Th/s offer to 490.2. This inc ..read more
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Bitget lists JITO (JTO) in the Solana Ecosystem Zone
TheNewsCrypto
by Chainwire
16h ago
Victoria, Seychelles, December 8th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the listing of JTO tokens from the Jito ecosystem of liquid staking built on Solana blockchain. The JTO governance tokens have recently been airdropped to its users. To introduce more utility, Bitget has listed the token on its platform which is available to trade from 7th December, 4 PM (UTC) and Spot Grid Trading will go live within 24 hours after the listing. The Jito ecosystem solves the MEV issues with its underlying blockchain. Maximum Extract ..read more
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