Day: February 25, 2025

SEC acknowledges Grayscale Ethereum ETF staking proposal, decision expected by May

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Key Takeaways The SEC is reviewing NYSE Arca’s proposal for staking activities in Grayscale Ethereum Trust ETFs, with a decision before May 26, 2025. The proposal allows the Trusts to stake ether through trusted providers, earning rewards as income without changing the custody arrangement. Share this article The SEC started reviewing NYSE Arca’s proposal to allow staking activities for the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF, with a decision expected before May 26, 2025. NYSE Arca filed the proposed rule change on February 14, 2025, which…

XRP Price Continuation After Crash Below $2.4? New Targets Emerge

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Este artículo también está disponible en español. XRP’s recent price movements have followed a pattern that crypto analyst Javon Marks believes signals the potential for a strong continuation rally. Sharing his analysis on the social media platform X, Marks pointed to a “hidden bullish divergence” on XRP’s daily candlestick chart. Despite the ongoing price crash, the presence of this bullish divergence opens up new bullish targets for the XRP price. XRP’s Price Crash Worsens, But Hidden Bullish Divergence Suggests Next Move XRP’s price action has faced consistent downward pressure over…

BlackRock’s $200M Coinbase deposit raises concerns over further liquidations

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Key Takeaways BlackRock transferred 18,168 ETH and 1,800 Bitcoin to Coinbase amid market uncertainty. Crypto markets faced $1.6 billion in liquidations, influenced by geopolitical tensions and institutional selling. Share this article Today, BlackRock transferred 18,168 Ethereum ($44 million) and 1,800 Bitcoin ($160 million) to Coinbase amid growing market uncertainty and widespread liquidations in crypto markets. The deposit comes as Bitcoin fell below $86,000 for the first time since November, while crypto markets experienced $1.6 billion in liquidations over the past 24 hours. Large entities moving significant amounts of crypto to…

How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem

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Share this article New research by 10X Research has revealed the massive benefits on offer to users of a US Dollar-denominated stablecoin being launched within the Filecoin ecosystem. Filecoin is among the most rapidly-growing platforms in Web3, and there is a massive amount of untapped value on the decentralised file storage network waiting to be unlocked. Between high-level support from a number of foundations and an ever-growing list of ecosystem partners, the importance of a publicly open, peer-built lending market and a liquid source of on-chain Dollars is becoming apparent…