Price: $0.38415 -1.3663%
Market Cap: 56.39B 1.8984%
Volume (24h): 24.67B 0.4%
Dominance: 1.8984%
Price: $0.38415 -1.3663%
Market Cap: 56.39B 1.8984%
Volume (24h): 24.67B 0.4%
Dominance: 1.8984% 1.8984%
  • Price: $0.38415 -1.3663%
  • Market Cap: 56.39B 1.8984%
  • Volume (24h): 24.67B 0.4%
  • Dominance: 1.8984% 1.8984%
  • Price: $0.38415 -1.3663%
Home > Information news > Crypto Headlines of The Week: Ethereum ETF & FIT21 Gets Greenlight, PEPE Leads Meme Coins

Crypto Headlines of The Week: Ethereum ETF & FIT21 Gets Greenlight, PEPE Leads Meme Coins

Release: 2024/05/26 14:04 Reading: 316

Original author:Coingape News Media

Original source:https://coingape.com/?p=198854

Crypto Headlines of The Week: Ethereum ETF & FIT21 Gets Greenlight, PEPE Leads Meme Coins

As another week draws to a close in the cryptocurrency sphere, the market has been a hotbed of attention-grabbing developments. The long-awaited spot Ethereum ETFs received the green light from the U.S. SEC (Securities and Exchange Commission), and the first major crypto bill, FIT21, also cleared this week. In a testament to the market’s volatility, Bitcoin, Ethereum, and other cryptocurrencies experienced a mixed bag of price action. Meanwhile, Pepe coin (PEPE) has emerged as a trending topic in the crypto community.

Here’s a collection of some of this week’s top headlines, which appear to have set off a wave of discussions across the global crypto community.

Spot Ethereum ETF Approval

Marking as a landmark event within United States’ crypto landscape, the SEC gave 8 spot ETH ETFs a green light via an omnibus order this week. These ETH ETFs included VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise. However, contrary to the surge in BTC price post-ETF approval, ETH’s price action witnessed quite the turbulence. This has stirred a whirlpool of speculation on ETH’s price action ahead.

FIT21 Crypto Bill Gets Clearance

Moreover, the U.S. House passed the FIT21 (Financial Innovation and Technology for the 21st Century Act) bill this week, marking the first step towards a regulatory framework for digital assets nationwide. The crypto bill clarifies that digital assets sold under an investment contract do not necessarily classify the asset as a security solely because it’s being sold or transferred within that investment contract.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.