SEC Ethereum ETF decision unlikely driven by politics: Bernstein

World-renowned futurist Ray Kurtzweil says the singularity is coming sooner than expected.

Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using leverage were surprised as the price swing caused the largest impact since Aug. 18 at derivatives exchanges.Ether/USD 4-hour price at Bitfinex. Source: TradingViewThe $1,070 price level traded on Nov.…

In this week’s newsletter, read about how a project provided a new way to mint nonfungible tokens (NFTs) on Ethereum. Check out Nike’s new collaboration with the popular online game Fortnite, and how rapper Snoop Dogg plans to use NFTs to bring fans with him on tour. In other news, Dmitri Cherniak’s “The Goose” NFT…

ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours.

The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say.An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency (CBDC) may have been influenced by the unveiling of Facebook’s planned cryptocurrency, Libra. ‘Inspiration from Libra’After five years of…

Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a total of $2 billion long…

The former President's son Eric Trump fired off a threatening tweet to TrumpCoin for using his family’s name fraudulently, although the token’s Twitter account appeared unconcerned. 487 Total views 16 Total shares A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market.…

The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry.Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain, Forbes reports on Oct. 2.Michael Brawer, COO at Morningstar Credit Ratings, stated that the firm is working with…