Ethereum Bulls Face Setback As Insiders Reveal SEC Set To Reject Spot Ether ETFs Next Month
ZyCrypto
by Brenda Ngari
3h ago
Ethereum (ETH) bulls may be in for a disappointment. Reports are surfacing that the U.S. Securities and Exchange Commission (SEC) will most likely block the introduction of spot ether exchange-traded funds (ETFs) as soon as next month. Discouraging Interactions With The SEC According to an April 25 report from Reuters, anonymous sources familiar with recent meetings between potential ETF issuers and the Securities and Exchange Commission suggest the agency may be set to deny spot Ethereum ETFs during their final review in May. Unlike the intense discussions preceding the SEC’s approval of spo ..read more
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Consensys Takes SEC To Court Over Efforts To Regulate Ethereum As Security
ZyCrypto
by Brenda Ngari
4h ago
Ethereum software giant Consensys has filed a preemptive lawsuit against the U.S. Securities and Exchange Commission (SEC).   Consensys explains that it decided to strike the SEC early because it does not want the formidable regulator to expand its jurisdiction by “wrongly” categorizing ether as a security under current chairman Gary Gensler.  Consensys Sues SEC Over Ethereum Classification Consensys, the crypto startup backing projects critical to the Ethereum ecosystem, has taken the first step to bring clarity on Ethereum’s legal status as a non-security. Consensys has sued ..read more
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Slothana Presale Soars Past $15 Million as it Enters Final Stage Amid Growing Industry Interest
ZyCrypto
by PR DESK
4h ago
The Slothana (SLOTH) presale has raised over $15 million in funding. It is in its final stage, with only two days left before the token lists on decentralized exchanges (DEXs). Slothana achieved this milestone by raising $2.5 Million in just 72 hours, followed by an impressive cumulative raise of $12.5 Million in less than a month. The total funds raised have reached the impressive milestone of $15 Million. With a clever social media campaign featuring adorable sloth memes on its official Twitter account, Slothana has amassed an impressive following of over 25,000 individuals. Some of its rec ..read more
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Fearless Crypto Whales Capitalize on Ripple’s XRP Turbulence With Multimillion-Dollar Buys
ZyCrypto
by Newton Gitonga
19h ago
XRP, the seventh-largest cryptocurrency by market capitalization, continued to grapple with bearish sentiments on Thursday, extending its rough week amidst a broader market downturn. Notably, April has proven to be challenging for XRP enthusiasts, witnessing price fluctuations dipping as low as $0.41 earlier this month. Despite efforts from bullish investors to stage a recovery, the market appears locked in sideways consolidation, offering few signs of imminent reversal. Nonetheless, amidst the turbulence, there are glimmers of optimism. In a tweet, renowned crypto analyst Ali Martinez pointe ..read more
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Slothana Raises $15M and Shiba Inu Secures $12M: Which Meme Coin Can Make You The Most Gains?
ZyCrypto
by Guest Author
19h ago
Meme coin rivals Shiba Inu ($12M raised) and Slothana ($15M raised) grab attention with promises of utility and Solana-based innovation. The meme coin sector of the cryptocurrency market continues to witness significant activity. Two meme coin projects, Shiba Inu (SHIB) and Slothana ($SLOTH), have recently garnered considerable attention with their ongoing funding initiatives. Shiba Inu, the Dogecoin-inspired meme coin that surged in popularity in 2021, announced a successful $12 million private token sale on 22 April. The funds will be used to develop TREAT, a utility and governance token fo ..read more
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New Multichain Meme Coin Dogeverse Presale Surpasses $10 Million Milestone
ZyCrypto
by Guest Author
19h ago
Dogeverse, a new multichain meme coin, surpasses $10 million presale target with its unique concept and multi-blockchain technology. The recent presale of Dogeverse ($DOGEVERSE), a new meme-inspired cryptocurrency with multichain capabilities, has attracted significant attention within the crypto community. The project has successfully exceeded its soft cap target of $10 million, marking a noteworthy milestone in its fundraising efforts. Dogeverse, which debuted with a fixed price of $0.000301 per token, garnered widespread interest from meme enthusiasts and cryptocurrency observers. Initiall ..read more
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BlockDAG’s Powerful X10 Mining Rig & Lunar Keynote Teaser Outruns SHIB and AVAX Price Predictions
ZyCrypto
by Guest Author
22h ago
Amidst fluctuating markets, the Shiba Inu (SHIB) price showcases potential growth. Concurrently, AVAX seeks stability, with its price prediction wavering after recent dips. In contrast, BlockDAG captures attention with its remarkable presale success exceeding $20.6 million, fueled by the efficient and beginner-friendly X10 crypto mining rigs. This advancement, coupled with the excitement from its recent lunar keynote teaser, sets a promising stage for BlockDAG. Shiba Inu (SHIB) Price: Navigating Innovations & Regulatory Compliance Shiba Inu (SHIB) continues to evolve beyond its meme coin ..read more
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Kadena Expands Leadership Team With Annelise Osborne as New Chief Business Officer
ZyCrypto
by PR DESK
23h ago
Kadena recently welcomed Annelise Osborne as its new Chief Business Officer (CBO), further strengthening its leadership team. With her expertise and experience, Osborne is set to contribute significantly to Kadena’s growth and success. Annelise brings over 20 years of experience in finance, credit, real estate, and digital assets. Her role will involve spearheading new business initiatives and forging partnerships in the Web3 space and beyond. At Kadena, Annelise’s appointment as Chief Business Officer is a recent addition to the team and a strategic manoeuvre to drive Kadena’s expansion in W ..read more
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Bitget Wallet’s BWB Points Launches on Whales Market, Soars to Second Highest 24-Hour Trading Volume
ZyCrypto
by PR DESK
1d ago
Bitget Wallet’s BWB Points recently made their debut on Whales Market, a decentralized OTC trading platform. On April 24, the prices soared to an impressive peak of $3.5 per BWB Point. The Whales Market platform offers users a range of features, including a Pre-Market, OTC Market, and Points Market. This allows for trading various assets, such as tokens, airdrop shares, and points, all of which are assigned a specific value. After being listed on the Points Market on Whales Market, BWB Points has quickly climbed to the second spot in terms of 24-hour trading volume, surpassing well-known proj ..read more
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BlackRock’s Bitcoin ETF Records $0 Daily Inflows For First Time As BTC Price Nosedives
ZyCrypto
by Brenda Ngari
1d ago
BlackRock Bitcoin ETF’s 71-day inflow streak abruptly ended on April 24 after IBIT recorded no inflows for the day for the first time since going live on January 11. IBIT did not attract any fresh investor capital as United States spot ETFs saw a total daily net outflow of $120.64 million on Wednesday. IBIT Breaks Inflow Streak The BlackRock iShares Bitcoin Trust (IBIT) has posted its first day of $0 inflows since spot Bitcoin exchange-traded funds (ETFs) were introduced in the U.S. in mid-January to much fanfare.  Financial giant BlackRock has seen its ETF draw in investments worth mill ..read more
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