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Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs


The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...

LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon


The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value. The post LayerZero...

Meme coin valuation: Could Slothana be Solana’s next major hit?


During the latest bull run, meme coins based on Solana have captured significant interest, with some projects on this blockchain bringing significant returns. Now, it appears there’s a new competitor in the space that might surge in the coming weeks – Slothana ($SLOTH). Many experts...

Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation


Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market...

Citadel-Backed Hidden Road Partners Targets $120M in Series B


Hidden Road Partners aims to secure $120 million in a Series B funding round to bolster its crypto and other trading services, targeting a $1 billion valuation. The post Citadel-Backed Hidden Road Partners Targets $120M in Series B appeared first on Cryptonews

Ethereum Layer-2 valuation is expected to reach $1 trillion by 2030


The valuation of Ethereum layer-2s is predicted to reach a massive milestone of $1 trillion by the end of 2030. This is based on the fundamental analysis of five key areas under the lenses of user experience, developer experience, and technical capability. Key areas in the conversation...

Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation


This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme...

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