Author: Kryptonews
The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint.In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed. The filing stated that both parties would file another status report if the case weren’t resolved…
Key Takeaways Canary Capital has proposed a 0.95% annual expense ratio for its spot Litecoin ETF. The fee was disclosed in recent regulatory filings as part of Canary’s application for ETF approval. Share this article Canary Capital disclosed a 0.95% fee for its proposed spot Litecoin exchange-traded fund.The fee structure was revealed in regulatory filings as the asset management firm seeks approval for the digital asset ETF. The 0.95% annual expense ratio would apply to investors in the fund if it receives regulatory clearance.Canary Capital joins other firms pursuing approval for spot crypto ETFs beyond Bitcoin, with Litecoin representing one…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The broader cryptocurrency market has sprung back to life again, with Ethereum rising back above the $4,600 price mark after a renewed bullish move. Within the period of bullish action, Bitmine Immersion has gone on a significant buying spree, acquiring thousands of ETH in the month of September alone. Bitmine’s Unstoppable Ethereum Buying Spree Ethereum’s price is experiencing a newfound upward strength as the leading altcoin draws dangerously closer to the $4,700 level. While ETH is gaining bullish traction, Bitmine Immersion Technology Inc., a leading treasury company,…
XRP price has successfully held support around $3.00, giving bulls breathing space as the market watches for its next breakout. At the same time, investors are turning eyes to Remittix (RTX). As XRP consolidates, many believe that Remittix has the potential to surpass Ripple’s early gains under the right conditions.XRP Price Overview: Support, Resistance, And What’s NextXRP is trading near $3.03, having rebounded from support zones between $2.84 and $2.90, showing strength of demand at those levels. Analysts point out that a clean daily close above $3.10 to $3.15 would open the path toward $3.40 resistance. However, resistance lies at the…
The heir to one of the world’s most valuable private art collections Yoni Nahmad married Israeli model Eden Polani in Cannes, France, on September 11, according to Forbes. The three-day, €5 million ($5.89 million) celebration at Château de la Croix des Gardes in the French Riviera included five hundred guests, among them, art world notables, tech entrepreneurs, and international socialites. The wedding featured bespoke culinary experiences by world-renowned chefs and musical performances by Israeli singer Nasrin Kadri and Colombian reggaeton superstar J Balvin. Related Articles The Nahmad family has collected artwork for the last six decades, amassing a collection of…
Key takeaways:Corporate treasury investments are driving consistent demand and strengthening SOL’s price momentum.DEX dominance, fee growth, and interoperability upgrades reinforce Solana’s competitive blockchain position.Solana’s native token SOL (SOL) faced a sharp rejection after testing the $250 level on Sunday. Even with the correction, SOL gained 24% in the past 30 days, supported by stronger onchain activity. Traders are now debating whether the current momentum could push SOL toward $300, especially as the Solana network has regained its lead in decentralized exchange (DEX) volumes.Decentralized exchanges’ daily market share. Source: DefiLlamaIn September, Solana surpassed Ethereum to become the top blockchain for DEX trading.…
Cardano is drawing attention as price action signals the potential for a breakout, putting it firmly on analysts’ radar as one of the best cryptos to buy now. Trading near $0.93, Cardano price prediction shows signs of accumulation and strength at key resistance levels. Layer Brett(LBRETT), Polkadot (DOT), and Avalanche (AVAX) are also making strong cases with network growth and bullish setups. However, Layer Brett is emerging as the high-upside play, combining meme culture with real Ethereum Layer 2 utility. Cardano price prediction: ADA builds pressure for a breakout Cardano (ADA) has spent nearly a year locked in a descending…
REX-Osprey’s Dogecoin ETF (DOJE) and XRP ETF (XRPR) commence trading on Sept. 18, according to information shared on Sept. 15.Bloomberg senior ETF analyst Eric Balchunas confirmed DOJE starts trading on Sept. 18, noting that the TRUMP, BONK, and Bitcoin funds lack confirmed trading dates.On the same day, REX Shares confirmed that the XRPR launch is scheduled for this week.RIC structureThe REX-Osprey ETFs employ a registered investment company (RIC) framework that distinguishes them from traditional spot crypto ETFs and their own Solana ETF’s original approach.Bloomberg ETF analyst James Seyffart explained that this structure provides operational flexibility while meeting regulatory requirements.The RIC…
Wall Street giant Citigroup (C) has launched new ether (ETH) forecasts, calling for $4,300 by year-end, which would be a decline from the current $4,515.That’s the base case though. The bank’s full assessment is wide enough to drive an army regiment through, with the bull case being $6,400 and the bear case $2,200.The bank analysts said network activity remains the key driver of ether’s value, but much of the recent growth has been on layer-2s, where value “pass-through” to Ethereum’s base layer is unclear. Citi assumes just 30% of layer-2 activity contributes to ether’s valuation, putting current prices above its…
Despite hosting the world’s most valuable cryptocurrency, Bitcoin’s (BTC) financial layer remains far behind the second-largest blockchain, Ethereum (ETH), which holds $64.6 billion in total value locked (TVL) compared to Bitcoin’s $7.39 billion. The contrast underscores how much potential still lies dormant within BitcoinFi.Bitcoin Hyper (HYPER) is designed to close that gap as the fastest Bitcoin Layer-2 ever built. With Solana’s (SOL) efficiency matched to Bitcoin’s security, it sets the stage for programmability and scalable applications to finally thrive on Bitcoin.The project so far has raised $16 million in presale funding in just three months, putting it in the ranks…
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