CoinGape is a leading global source for timely news, analysis, and expert opinions on blockchain and cryptocurrency. At Voted.News, we condense CoinGape’s broad coverage into quick, digestible updates, allowing readers to stay informed on market trends, regulatory shifts, and emerging technologies with minimal effort. Experience the best of CoinGape at Voted.News—where concise insights meet reliable reporting.
VanEck’s Gabor Gurbacs warns about fund concentration risks as 8 of 9 U.S. spot Ethereum ETFs choose Coinbase as custodian. VanEck opts for Gemini, while Fidelity uses self-custody. Experts call for multi-custodian setups to enhance investor safety. #Crypto @Coinbase @Fidelity #Update
BlackRock’s Ethereum ETF, $ETHA, is now live for trading with a 0.25% sponsor fee and a one-year waiver. Approved by the SEC on July 12, it competes with Grayscale. Investor excitement is high as Ethereum surpasses $3,500. #CryptoNews
The Ethereum Foundation sold 100 ETH for 345,179 DAI ahead of the spot Ethereum ETF debut, sparking skepticism among investors. Historically, they’ve sold 2,366 ETH for 6.9M DAI this year. ETH price is up 0.50% to $3,505 with increased trading in $ETHE and $ETHA. #Update
Base by @Coinbase has launched Support Crypto, enabling crypto donations to U.S. politicians ahead of the Presidential elections. Supporting 240+ assets like $BTC and $ETH, this platform aims to lower fees and streamline contributions. 13 politicians, including Cynthia Lummis, have registered. #Crypto #Update
Cryptocurrency whales bought 74M $XRP as the Ripple vs. SEC case nears a final ruling. Notable purchases: 26.42M, 23.65M, and 23.95M $XRP from Binance. Despite a 23.10M $XRP sale to Bitstamp, the overall buying trend is strong. Decision expected next week. #CryptoNews
XRP Healthcare halts new staking for $XRPH to address limited 100M token supply. Existing stakes remain until term end. Focus shifts to real-world healthcare in Africa, investing in pharmacies, medical centers, and hospitals. $XRPH trades at $0.03138. #Healthcare #Update
Mt Gox has moved $2.8B in Bitcoin ($BTC) as part of its creditor repayment plan. The transfers, totaling 47,697 BTC, indicate preparations for repayments. This comes ahead of the Spot Ethereum ETFs launch, sparking market speculation. Current holdings: 90,344 BTC (~$6B). #CryptoNews
BlackRock’s Bitcoin ETF ($IBIT) saw a $0.5B inflow on July 22, boosting total holdings to $22.5B. The share price surged 20% in two weeks. $IBIT’s inflows hit $2B in 12 trading days, leading the US Bitcoin ETF market. $IBIT now trades nearly $1B weekly. #Update
Bitwise Asset Management will launch its Ethereum ETF ($ETHW) on July 23 on the NYSE, donating 10% of profits to Ethereum development over 10 years. Key recipients are the Protocol Guild and PBS Foundation. Management fee: 0.20%, waived for 6 months on the first $500M. #Update
Terraform Labs has informed creditors to submit crypto loss claims by Aug 21, 2024, to vote on the Chapter 11 Plan. Claims must be in USD, filed through Epiq’s website or mail. Missing the deadline forfeits vote rights. #CryptoUpdate
The US government moved nearly $4M in Bitcoin to Coinbase Prime, sparking selloff concerns. Despite holding 213,239 BTC worth ~$14.43B, the market remains bullish with Trump’s upcoming Bitcoin Conference speech and strong ETF inflows. Bitcoin surged 1%, crossing $68,200 with volume up 84%. #Update
Gate.io will cease operations in Japan on July 22, 2024, to comply with local regulations, halting new accounts and assisting users to transition. Their Hong Kong arm, Gate.HK, closed on May 28, 2024. Users must withdraw assets by August 28, 2024. Similarly, OKX is leaving Nigeria by August 16, 2024. #CryptoRegulation
Binance has announced significant support for Sam Altman’s Worldcoin, adding it to its P2P platform with trades against several Latin American fiat currencies. Despite this, $WLD fell 5% to $2.39, though trading volume rose 20% to $236.13M. #CryptoNews
NYSE Arca has approved listing and trading of spot Ethereum ETFs from @Grayscale and @BitwiseInvest. This SEC approval allows regulated investment in Ethereum without owning the cryptocurrency. The move aims to make Ethereum accessible to traditional investors, potentially boosting mainstream adoption. #EthereumETF
