Whale Town - [ BSC & ERC ]🔥🚀

SEC Requests Feedback on Three Ethereum ETF Applications; Analysts Express Skepticism All focus is on the United States Securities and Exchange Commission (SEC), as it initiates a period for public commentary on three proposals for Ethereum spot exchange-traded funds (ETFs). “The Commission is issuing this notification to solicit feedback on the proposed rule amendment from interested parties,” the submission stated. As disclosed in announcements on April… https://coinhub.network/sec-requests-feedback-on-three-ethereum-etf-applications-analysts-express-skepticism/

VanECK Forecasts Ethereum Layer 2 Networks to Reach $1 Trillion in Value Over the Next Six Years VanECK, a prominent global fund manager, expresses optimism regarding the potential of Ethereum Layer 2 (L2) networks, projecting a valuation surpassing $1 trillion by 2030. Despite maintaining ambitious expectations for L2s, VanECK remains cautious about the long-term outlook for some of these networks. Their analysis evaluates 46 L2 networks across various parameters, anticipating the emergence… https://coinhub.network/vaneck-forecasts-ethereum-layer-2-networks-to-reach-1-trillion-in-value-over-the-next-six-years/

CoinLedger: Bitcoin Dominates Unrealized Profits Among Crypto Portfolios A recent study conducted by CoinLedger reveals that cryptocurrency portfolios have experienced an average increase in value of $2,804 this year, as the industry surged towards its previous peak witnessed in 2021. CoinLedger, a provider of crypto tax and portfolio management software, analyzed data from over 500,000 investors to identify popular tokens and platforms utilized… https://coinhub.network/coinledger-bitcoin-dominates-unrealized-profits-among-crypto-portfolios/

IMF Presses Ukraine for Timely Completion of Crypto Regulation Revision by Late 2024, Government Official Reports The IMF has emphasized the importance for Ukraine to swiftly enact legislation concerning virtual assets by the conclusion of 2024, citing regulatory uncertainties and economic opportunities. According to Oleksandr Bornyakov, a deputy minister of digital transformation in Ukraine, this directive was communicated via a Facebook post, highlighting concerns outlined in the Memorandum of Economic and… https://coinhub.network/imf-presses-ukraine-for-timely-completion-of-crypto-regulation-revision-by-late-2024-government-official-reports/

Upcoming Arrival of Parallel, an NFT Card Game Supported by VanEck, on Epic Games Store Parallel, a futuristic trading card game infused with non-fungible tokens (NFTs), is set to make its debut on the Epic Games Store after securing a recent funding round of $35 million. The game’s developers revealed the news via the project’s official account on April 3rd, highlighting the imminent availability of Parallel within the Epic Games… https://coinhub.network/upcoming-arrival-of-parallel-an-nft-card-game-supported-by-vaneck-on-epic-games-store/

Bullish Momentum Builds for Bitcoin as Open Interest Declines Bitcoin (BTC) has exhibited a modestly bullish trend following its decline from the $70,000 level, as reflected in recent market dynamics. This upward movement coincides with a notable decrease in BTC’s total open interest (OI), which has contracted by over $1 billion. Over the past 24 hours, BTC has seen a 0.6% increase in value,… https://coinhub.network/bullish-momentum-builds-for-bitcoin-as-open-interest-declines/

Cryptocurrency Community Mobilizing Ethereum Funds for Civilian Evacuation in Gaza Amid escalating tensions between Gaza and Israel, an Ethereum community member known as Kat has initiated a remarkable campaign leveraging the power of Ethereum to facilitate the evacuation of local families to safety. The initiative, aptly named “ETH Evacuations,” has garnered significant traction, raising an impressive sum of over $55,000 within the past 24 hours… https://coinhub.network/cryptocurrency-community-mobilizing-ethereum-funds-for-civilian-evacuation-in-gaza/

Concerns Arise Over Suspicious Transfers in AssangeDAO, Raising Rug Pull Worries Transfers originating from AssangeDAO’s wallet address have sparked concerns regarding potential rug pulls, prompting increased scrutiny into the organization’s transparency and financial practices. Established in 2022, AssangeDAO gained recognition for its association with Julian Assange, the Australian activist behind WikiLeaks. Initially formed to advocate for Assange’s release amid his extradition proceedings, the DAO garnered substantial… https://coinhub.network/concerns-arise-over-suspicious-transfers-in-assangedao-raising-rug-pull-worries/

Wormhole Reveals Plan for W Token Launch on Solana Cross-chain communication protocol Wormhole has unveiled a detailed plan for the introduction of its native token, W, which will initially be launched on the Solana network. The protocol’s roadmap, outlined in a recent blog post on April 3rd, highlights the phased approach towards maximizing the functionality of W across various blockchain ecosystems. Phase 1 of… https://coinhub.network/wormhole-reveals-plan-for-w-token-launch-on-solana/

Ethereum Generates $1.17 Billion in Transaction Fees in Q1 2024 In the first quarter of 2024, the Ethereum network achieved a net profit of $369.11 million, marking a substantial increase of 209.5% compared to the same period last year. Coin98 analytics revealed that Ethereum’s transaction fees surged by 155%, totaling $1.17 billion, surpassing the $1 billion revenue milestone, while expenses reached nearly $666 million. During… https://coinhub.network/ethereum-generates-1-17-billion-in-transaction-fees-in-q1-2024/