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VanEck’s proposed spot ether ETF added to DTCC website
VanEck’s proposed spot ether ETF added to DTCC website

VanEck’s highly-anticipated spot ether ETF was listed on the DTCC website, which includes both active and not yet active funds.Earlier this week, the SEC reportedly asked U.S. issuers to amend and refile 19b-4 forms on spot ether ETFs.The SEC has yet to approve spot ether ETFs.

The Block·2024/05/22 02:28
Reflections on Ethereum Governance: Why Are People Dissatisfied with the EIP-3074 Incident?
Reflections on Ethereum Governance: Why Are People Dissatisfied with the EIP-3074 Incident?

The EIP-3074/EIP-7702 event of Ethereum reveals the complexity of its governance structure: in addition to the formal governance process, the informal roadmaps proposed by researchers also hold significant influence.

Chaincatcher·2024/05/22 02:16
Ethereum ETF Issuers "Working Overnight," Market Sentiment Remains High
Ethereum ETF Issuers "Working Overnight," Market Sentiment Remains High

Optimism continues to rise as the U.S. Securities and Exchange Commission (SEC) shows a significant shift in its stance towards potentially approving a spot Ethereum ETF, exciting crypto investors and driving the market upwards.

PANews·2024/05/22 02:01
Ethereum-based memecoins rally as market reacts to potential spot ether ETF approvals
Ethereum-based memecoins rally as market reacts to potential spot ether ETF approvals

Memecoins on the Ethereum blockchain have surged amid a change in sentiment regarding the approval of spot ether ETFs in the U.S.PEPE’s price has risen 16% in the past 24 hours, while LADYS and DOGE increased roughly 30% and 6%, respectively.

The Block·2024/05/21 22:05
Grayscale removes staking proposal from its spot Ethereum ETF filing
Grayscale removes staking proposal from its spot Ethereum ETF filing

In a previous filing, Grayscale had proposed to investors the ability to stake ether through the trust. Grayscale’s updated filing did not include staking language. Other issuers, including Fidelity, have made similar moves.

The Block·2024/05/21 21:10
Bitcoin expected to hit fresh all-time high by weekend, analyst says
Bitcoin expected to hit fresh all-time high by weekend, analyst says

The recent optimistic signals regarding spot ether exchange-traded funds come at an opportune moment for bitcoin, with the digital asset’s price expected to hit new record high, an analyst said.

The Block·2024/05/21 16:49
Flash
15:44
Amid concerns related to Iran and a hawkish stance from Waller, traders increase bets on Federal Reserve rate hikes
As oil prices soar, reigniting inflation concerns, traders have increased their bets on a Federal Reserve rate hike, with the market now fully pricing in a 25 basis point increase in September. Swap contracts tied to policy meeting dates show a rate hike expectation of 25 basis points, up from 23 basis points on Thursday and 8 basis points earlier this week. This trend has emerged during thin trading, as the US market was closed for a public holiday. Investors are pricing in further tightening of Federal Reserve policy. New chairman Kevin Walsh stated at his first meeting this week that the central bank will not tolerate high inflation, a stance that pushed yields higher on Wednesday. With the market still doubtful about the latest peace agreement signed between the United States and Iran, oil prices have rebounded about 4% from Thursday’s three-month low. Matthew Ryan, head of market strategy at Ebury, said: "We’ve now reached a point where even the slightest catalyst could tip the scales in favor of a rate hike." Referring to remarks made in this week's Federal Reserve decision, he added: "The fact that the Fed’s inflation target hasn’t been met for five consecutive years was mentioned several times, all reinforcing the case that higher rates might not be so far off."
15:40
Indian oil supertanker turns back after departing the Persian Gulf
According to tanker tracking data compiled by Bloomberg, the oil tanker named "Desh Vibhor" has turned around and headed back in the past few hours, after it appeared to be heading towards the southern route recommended by the US military. Tracking data shows that "Desh Vibhor" seems to have turned back when it began to depart from the Persian Gulf. The vessel is operated by Shipping Corp. of India. Read more
15:31
Middle East Stock Market Closing Report | On Friday (June 19), Turkey's Istanbul Stock Exchange National 100 Index closed down 0.63% at 14,734.50 points, retreating from the highest closing level since May 12, but up 5.71% for the week.
The Borsa Istanbul Banks Index closed up by 0.31% at 18,994.50 points. At 20:50 (UTC+8), there was a brief rally, pushing the index close to the February 27 closing level of 20,287.20 points. This week, the index has gained 9.98% in total.
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