🚀 Grayscale Files for Spot Avalanche ETF on Nasdaq
📊 Nasdaq has submitted a proposal to list Grayscale’s spot Avalanche ETF, which would hold AVAX tokens directly. If approved, it provides traditional investors access to crypto via conventional brokerage accounts!
🔍 This follows VanEck's recent S-1 filing for their own Avalanche ETF and highlights growing interest in regulated altcoin investment vehicles.
Crypto Pasta🍝
📊 Nasdaq has submitted a proposal to list Grayscale’s spot Avalanche ETF, which would hold AVAX tokens directly. If approved, it provides traditional investors access to crypto via conventional brokerage accounts!
🔍 This follows VanEck's recent S-1 filing for their own Avalanche ETF and highlights growing interest in regulated altcoin investment vehicles.
Crypto Pasta🍝
📉 CoinDesk 20 Performance Update:
📉 The CoinDesk 20 index has dropped 4.5%, settling at 2616.04.
📉 Notably, Polygon (POL) and Sui (SUI) fell 8.3%, contributing to the index decline.
📈 BTC and BCH led the market, with decreases of 2.5% and 3.6% respectively.
Crypto Pasta🍝
📉 The CoinDesk 20 index has dropped 4.5%, settling at 2616.04.
📉 Notably, Polygon (POL) and Sui (SUI) fell 8.3%, contributing to the index decline.
📈 BTC and BCH led the market, with decreases of 2.5% and 3.6% respectively.
Crypto Pasta🍝
🚀 Grayscale Files for Avalanche ETF on Nasdaq
📈 Grayscale has officially submitted a 19b-4 form for an Avalanche spot ETF, pushing for SEC approval to offer investors a direct avenue into AVAX. The ETF aims to track the market price of Avalanche’s native token and is seen as part of a larger trend in altcoin ETF applications. With $1.7 million already in assets, Grayscale is committed to expanding its altcoin offerings.
💵 The timeline now depends on the SEC's acknowledgment of the filing!
Crypto Pasta🍝
📈 Grayscale has officially submitted a 19b-4 form for an Avalanche spot ETF, pushing for SEC approval to offer investors a direct avenue into AVAX. The ETF aims to track the market price of Avalanche’s native token and is seen as part of a larger trend in altcoin ETF applications. With $1.7 million already in assets, Grayscale is committed to expanding its altcoin offerings.
💵 The timeline now depends on the SEC's acknowledgment of the filing!
Crypto Pasta🍝
🚀 XRP Eyes Breakout as Symmetrical Triangle Pattern Signals $6 Target!
🔺 XRP is forming a symmetrical triangle pattern, showing signs of a potential breakout.
📈 Technical analysis suggests it could lead to a price surge towards $6.
📅 A U.S. House crypto hearing on April 9 may further influence XRP's movement.
🔝 Stay tuned for exciting developments in the crypto market!
Crypto Pasta🍝
🔺 XRP is forming a symmetrical triangle pattern, showing signs of a potential breakout.
📈 Technical analysis suggests it could lead to a price surge towards $6.
📅 A U.S. House crypto hearing on April 9 may further influence XRP's movement.
🔝 Stay tuned for exciting developments in the crypto market!
Crypto Pasta🍝
🚀 VanEck Eyes BNB ETF Launch!
📈 Investment manager VanEck has registered to list an exchange-traded fund tracking BNB, the native cryptocurrency of the Binance-linked BNB Chain. If approved, it would be the first such product listed in the U.S., following their successes with Bitcoin and Ethereum ETFs last year.
💡 This move signifies the growing acceptance and integration of cryptocurrencies into mainstream finance.
Crypto Pasta🍝
📈 Investment manager VanEck has registered to list an exchange-traded fund tracking BNB, the native cryptocurrency of the Binance-linked BNB Chain. If approved, it would be the first such product listed in the U.S., following their successes with Bitcoin and Ethereum ETFs last year.
💡 This move signifies the growing acceptance and integration of cryptocurrencies into mainstream finance.
Crypto Pasta🍝
📰 Amber Group's IPO: A Watershed Moment for Crypto Firms!
🚀 Amber Group's recent Nasdaq listing signifies a promising future for crypto companies eyeing public markets in the U.S. 💼 Pantera Capital's Paul Veradittakit predicts a surge in IPOs, drawing institutional investors and fresh capital that the crypto market currently needs. 🌍 Clearer regulations are paving the way for global financial collaboration.
Crypto Pasta🍝
🚀 Amber Group's recent Nasdaq listing signifies a promising future for crypto companies eyeing public markets in the U.S. 💼 Pantera Capital's Paul Veradittakit predicts a surge in IPOs, drawing institutional investors and fresh capital that the crypto market currently needs. 🌍 Clearer regulations are paving the way for global financial collaboration.
Crypto Pasta🍝
🚀 BlackRock Secures UK FCA Crypto Registration
📜 BlackRock, the world's largest asset manager, has officially registered with the UK's Financial Conduct Authority (FCA).
🔗 This will allow them to act as an arranger for iShares Digital Assets AG, facilitating transactions for Exchange Traded Products tied to crypto assets.
📊 Out of 368 applications, only 51 firms have achieved this milestone, showcasing BlackRock's significant foothold in the crypto market.
Crypto Pasta🍝
📜 BlackRock, the world's largest asset manager, has officially registered with the UK's Financial Conduct Authority (FCA).
🔗 This will allow them to act as an arranger for iShares Digital Assets AG, facilitating transactions for Exchange Traded Products tied to crypto assets.
📊 Out of 368 applications, only 51 firms have achieved this milestone, showcasing BlackRock's significant foothold in the crypto market.
Crypto Pasta🍝
🚀 Japanese Banking Giant SMBC Explores Stablecoin Use!
🏦 Sumitomo Mitsui Financial Group (SMBC) is teaming up with Ava Labs and Fireblocks to dive into stablecoin commercialization in Japan.
💡 This collaboration aims to establish a framework for stablecoin issuance, targeting real-world assets like corporate debt and government bonds.
📈 The stablecoin market has surged 50% to approximately $230 billion, making it pivotal for global transactions.
Crypto Pasta🍝
🏦 Sumitomo Mitsui Financial Group (SMBC) is teaming up with Ava Labs and Fireblocks to dive into stablecoin commercialization in Japan.
💡 This collaboration aims to establish a framework for stablecoin issuance, targeting real-world assets like corporate debt and government bonds.
📈 The stablecoin market has surged 50% to approximately $230 billion, making it pivotal for global transactions.
Crypto Pasta🍝
🚨 New Record in Crypto Security!
🚀 Usual has launched a groundbreaking $16 million bug bounty program, the largest to date in the crypto sector, surpassing Uniswap's previous record.
🔍 Focused on critical vulnerabilities that could severely impact user funds, this program underscores the increasing importance of security in DeFi.
🛡️ After 20 successful audits with no critical flaws found, Usual aims to reassure users about its robust security measures.
Crypto Pasta🍝
🚀 Usual has launched a groundbreaking $16 million bug bounty program, the largest to date in the crypto sector, surpassing Uniswap's previous record.
🔍 Focused on critical vulnerabilities that could severely impact user funds, this program underscores the increasing importance of security in DeFi.
🛡️ After 20 successful audits with no critical flaws found, Usual aims to reassure users about its robust security measures.
Crypto Pasta🍝
📰 New FTX EU Owner Initiates Customer Claims Process
🔍 Backpack, the firm that acquired FTX EU for $32.7 million, has started the KYC verification process for customers.
⌛ The next step, fund distribution, is yet to be scheduled, raising questions about timelines.
⚖️ This acquisition has faced criticism regarding its legitimacy from the FTX bankruptcy estate.
Crypto Pasta🍝
🔍 Backpack, the firm that acquired FTX EU for $32.7 million, has started the KYC verification process for customers.
⌛ The next step, fund distribution, is yet to be scheduled, raising questions about timelines.
⚖️ This acquisition has faced criticism regarding its legitimacy from the FTX bankruptcy estate.
Crypto Pasta🍝
📈 Bitcoin ETFs Could See $3B in Q2 Inflows
💰 Spot Bitcoin ETFs have already attracted over $1B in Q1, with analysts forecasting an additional $3B in Q2 despite current price challenges.
📊 Institutional demand is rising as financial advisors recognize Bitcoin’s global adoption momentum.
🔍 The current market conditions are seen as an opportunity for long-term investment, even as retail interest remains cautious.
Crypto Pasta🍝
💰 Spot Bitcoin ETFs have already attracted over $1B in Q1, with analysts forecasting an additional $3B in Q2 despite current price challenges.
📊 Institutional demand is rising as financial advisors recognize Bitcoin’s global adoption momentum.
🔍 The current market conditions are seen as an opportunity for long-term investment, even as retail interest remains cautious.
Crypto Pasta🍝
🚀 Solana's Jupiter Expands NFT Horizons!
🌍 Jupiter, the leading DeFi exchange on Solana, has acquired DRiP Haus, a digital collectibles platform, to enhance its NFT offerings.
🤝 DRiP Haus will operate independently, with half of its team working on integrating NFT features at Jupiter.
💡 "We think NFTs are here for the long term," says Jupiter's Kash Dhanda.
Crypto Pasta🍝
🌍 Jupiter, the leading DeFi exchange on Solana, has acquired DRiP Haus, a digital collectibles platform, to enhance its NFT offerings.
🤝 DRiP Haus will operate independently, with half of its team working on integrating NFT features at Jupiter.
💡 "We think NFTs are here for the long term," says Jupiter's Kash Dhanda.
Crypto Pasta🍝
🚀 Ripple Integrates RLUSD Stablecoin into Payments
📈 Ripple has launched its RLUSD stablecoin into its payment solution, aiming for broader adoption. With over $250 million market cap, it’s set to streamline global transactions for businesses.
💡 Jack McDonald says RLUSD is quickly being adopted for various uses, enhancing enterprise utility worldwide.
🌐 Stablecoin regulations gain momentum, positioning Ripple for growth in decentralized finance and tokenization markets.
Crypto Pasta🍝
📈 Ripple has launched its RLUSD stablecoin into its payment solution, aiming for broader adoption. With over $250 million market cap, it’s set to streamline global transactions for businesses.
💡 Jack McDonald says RLUSD is quickly being adopted for various uses, enhancing enterprise utility worldwide.
🌐 Stablecoin regulations gain momentum, positioning Ripple for growth in decentralized finance and tokenization markets.
Crypto Pasta🍝
📉 Market Volatility Triggers $450M Liquidations!
📊 Bitcoin and other cryptocurrencies faced sharp price declines, erasing gains from the previous days as market uncertainty reigns.
💸 Over $230 million in liquidations were reported for both bullish and bearish positions amid heightened volatility caused by U.S. tariffs.
🔍 This unusual market movement highlights the current risk within crypto trading.
Crypto Pasta🍝
📊 Bitcoin and other cryptocurrencies faced sharp price declines, erasing gains from the previous days as market uncertainty reigns.
💸 Over $230 million in liquidations were reported for both bullish and bearish positions amid heightened volatility caused by U.S. tariffs.
🔍 This unusual market movement highlights the current risk within crypto trading.
Crypto Pasta🍝
🚀 Oxbow's Ethereum Privacy Pools Gain Traction!
🔐 Oxbow's privacy pools went live this week, processing 238 transactions totaling 67.49 ETH in just three days!
📜 Leveraging zero-knowledge proofs, these pools ensure user privacy while screening out illicit funds.
💬 "This is only the beginning. The road to making privacy normal again is long and exciting!" says Oxbow.
Crypto Pasta🍝
🔐 Oxbow's privacy pools went live this week, processing 238 transactions totaling 67.49 ETH in just three days!
📜 Leveraging zero-knowledge proofs, these pools ensure user privacy while screening out illicit funds.
💬 "This is only the beginning. The road to making privacy normal again is long and exciting!" says Oxbow.
Crypto Pasta🍝
📈 Itaú Unibanco Considers Launching Its Own Stablecoin
🇧🇷 Brazil’s largest bank is exploring the possibility of issuing a stablecoin as regulatory frameworks evolve. The decision hinges on the success of U.S. financial institutions with their stablecoin initiatives.
💡 Guto Antunes, head of digital assets at Itaú, emphasized the strong potential of blockchain for transaction settlements. Stablecoins remain a key topic of focus for the bank.
Crypto Pasta🍝
🇧🇷 Brazil’s largest bank is exploring the possibility of issuing a stablecoin as regulatory frameworks evolve. The decision hinges on the success of U.S. financial institutions with their stablecoin initiatives.
💡 Guto Antunes, head of digital assets at Itaú, emphasized the strong potential of blockchain for transaction settlements. Stablecoins remain a key topic of focus for the bank.
Crypto Pasta🍝
📉 Whales Buy the Bitcoin Dip!
🐋 For the first time since August 2024, whales are back in accumulation mode as Bitcoin dips above $80,000.
📊 Despite this, broader market sentiment remains bearish with a low Accumulation Trend Score of 0.15, indicating selling pressure persists.
🚀 Could this signal a turning point for BTC?
Crypto Pasta🍝
🐋 For the first time since August 2024, whales are back in accumulation mode as Bitcoin dips above $80,000.
📊 Despite this, broader market sentiment remains bearish with a low Accumulation Trend Score of 0.15, indicating selling pressure persists.
🚀 Could this signal a turning point for BTC?
Crypto Pasta🍝
🚀 Hyperlane Airdrop Announcement!
📅 On April 22, Hyperlane will distribute $HYPER tokens, with 57% allocated to users.
💡 Additional 25% for the core team, 10.9% for investors, and 7.1% for the treasury.
🔒 Community tokens will be fully unlocked, while core and investor tokens are locked for a year.
🌟 “This is just the first of many retroactive allocations," said co-founder Nam Chu Hoai.
Crypto Pasta🍝
📅 On April 22, Hyperlane will distribute $HYPER tokens, with 57% allocated to users.
💡 Additional 25% for the core team, 10.9% for investors, and 7.1% for the treasury.
🔒 Community tokens will be fully unlocked, while core and investor tokens are locked for a year.
🌟 “This is just the first of many retroactive allocations," said co-founder Nam Chu Hoai.
Crypto Pasta🍝
🚀 SEC Nominee Advances!
📊 The Senate Banking Committee has approved Paul Atkins to run the SEC and Jonathan Gould for the OCC, crucial roles impacting crypto regulation.
💬 Chairman Tim Scott emphasized Atkins' focus on capital formation and clarity for digital assets. These appointments could reshape the future of the crypto landscape.
Crypto Pasta🍝
📊 The Senate Banking Committee has approved Paul Atkins to run the SEC and Jonathan Gould for the OCC, crucial roles impacting crypto regulation.
💬 Chairman Tim Scott emphasized Atkins' focus on capital formation and clarity for digital assets. These appointments could reshape the future of the crypto landscape.
Crypto Pasta🍝