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@dbase

71 Following
6918 Followers
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🟢Tether will become a new competitor to Microsoft, Google and Amazon. Tether CEO expects to challenge the tech giants by investing billions of dollars in AI startups. The plan is to reinvest 90% of Tether's profits into promising startups in different sectors.
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👀 US Regulators Delay Decision on First Diversified Spot Crypto ETF 💬 The SEC has postponed its decision on Nasdaq's request to list the Hashdex Nasdaq Crypto Index ETF, which would be the first US fund to hold a diversified portfolio of spot cryptocurrencies. 🎙This ETF aims to track the Nasdaq Crypto US Index (NCIUS), comprising various cryptocurrencies weighted by market cap. About 95% of the index consists of Bitcoin and Ethereum, with the remainder including altcoins like Chainlink and Uniswap. Separately, Nasdaq has also requested permission to list options on Ethereum ETFs, specifically for BlackRock's iShares Ethereum Trust (ETHA). While the crypto ETF landscape continues to evolve, with Bitcoin and Ethereum ETFs already commanding $65 billion in assets, the introduction of a diversified crypto ETF could mark a significant milestone for mainstream crypto adoption.
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⚠️Ripple has been fined $125 million for institutional token sales, but exchange transactions have been deemed legal. Additionally, the XRP token has been officially declared not to be a security. Ripple CEO: SEC demanded $2 billion dollars, but the court reduced their demand by 94%, recognizing that they had overplayed their hand.
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