Nfts
Crypto NFT Today: Week 4 of June
Welcome to another edition of Crypto NFT Today! The last two weeks have been full of unmissable events that will define the future of blockchain, cryptocurrency and NFTs.
With US regulators potentially approving Spot Ether ETFs, VanEck filing for Solana ETF, and more, there’s a lot of critical news you should know about. So, let’s dive in and see what’s going on!
US Regulators May Approve Spot Ether ETFs
The U.S. Securities and Exchange Commission (SEC) could approve exchange-traded funds (ETFs) tied to the spot price of ether as early as July 4, industry executives and other participants told Reuters.
Eight asset managers, including BlackRock, VanEck, Franklin Templeton and Grayscale Investments, are seeking SEC approval for the funds.
VanEck files for Solana ETF
Asset Manager VanEck filed to sell shares in a Solana exchange-traded fund (ETF), marking the first such registration in the United States, just six days after 3iQ filed for a similar product in Canada.
TendencyCredit Doomsday: What to do if you are a victim of the Equifax hack
The S-1 registration form submitted to the Securities and Exchange Commission (SEC) helped boost the SOL token’s 24-hour gain to nearly 8%. Meanwhile, the CoinDesk 20 Index, which measures the crypto marketincreased by 1.8%.
CleanSpark buys its counterpart GRIID
Transactions in the bitcoin mining sector continue to intensify, with CleanSpark agrees to acquire GRIID Infrastructure in an all-stock transaction valued at $155 million.
As part of the agreement, CleanSpark will assume all of GRIID’s debts and obligations and provide a $5 million bridge loan to repay approximately $50.9 million, according to a statement released Thursday.
Analysts suggest BTC will fall in 2024
Bitcoin has formed a double top price pattern, indicating potential change in downward trend ahead of the release of key data that could impact the Federal Reserve’s interest rate decisions.
The price of Bitcoin The move has been volatile this month. After climbing to nearly $70,000, near its all-time high in March, it has now fallen back to $63,000. The decline contrasts with the Nasdaq’s continued rally and is largely due to accelerated selling by mining companies, profit-taking by investors near all-time highs and outflows from U.S.-listed cash exchange-traded funds.