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Shibdesigner
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$SHIB
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Spot Ether $ETH exchange-traded funds (ETFs) have received final approval to begin trading in the United States on July 23. This approval is expected to bring billions of dollars into the Ethereum ecosystem. The U.S. Securities and Exchange Commission (SEC) approved the final S-1 registration statements on July 22, paving the way for their launch on various stock exchanges, including Nasdaq, New York Stock Exchange (NYSE), and Chicago Board Options Exchange (CBOE). The BlackRock-issued iShares Ethereum Trust will be listed on Nasdaq, while the Grayscale Ethereum Trust will be listed on the NYSE. All spot Ether ETFs, except the Grayscale Ethereum Trust, will offer a base fee ranging from 0.15% to 0.25%. However, several issuers, including Fidelity, 21Shares, Bitwise, Franklin, and VanEck, will waive fees for their spot Ether ETFs until a specific time period elapses or their products reach a certain net asset value. The Grayscale Ethereum Mini Trust will also waive fees for the first six months or until it reaches $2 billion in net assets. This development is significant for the cryptocurrency market and underscores the growing interest in Ethereum as an investment vehicle.
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Miners Accumulating $BTC Amid Confirmed Uptrend As Bitcoin prices gradually rise, an interesting trend emerges: miners are showing reluctance to sell their holdings. Aggressive Accumulation: Throughout July, data from IntoTheBlock indicates that miners have been actively accumulating BTC. Notably, major mining farms like Mara Digital and Riot Blockchain have acquired over 4,500 BTC in the past three weeks.Positive sentiment surrounding BTC’s price prospects has spilled over into these mining companies’ stock prices. Recently, both MARA and RIOT stocks surged by more than 30%, as investors express confidence in their continued expansion. Large Entities Joining In: Simultaneously, entities holding at least 1,000 BTC are also rapidly accumulating. As of July 19, the BTC holdings of this group reached a two-year high. This trend suggests growing confidence in Bitcoin’s upward trajectory. Miners and large holders appear optimistic about the future, reinforcing the bullish sentiment in the market. 😊
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The Hack and Stolen Assets: On July 18, WazirX fell victim to a cyberattack in which malicious actors stole a substantial amount of cryptocurrency. The stolen assets included Ethereum $ETH , $PEPE , USDT, and over $100 million worth of Shiba Inu $SHIB tokens from the exchange’s safe Multisig wallet. The Bounty Program: WazirX responded swiftly by launching an official bounty program. The goal? To recover the stolen funds and protect the integrity of the crypto ecosystem. Here are the key points: Two Bounties: First Bounty: Participants who can identify, track, and provide actionable intelligence to help WazirX or themselves freeze the exploited funds will be eligible for a reward of up to $10,000 worth of USDT.Second Bounty: Those who successfully facilitate the recovery of the stolen assets will receive a white hat incentive of 10% of the total amount. The reward can be paid in USDT or the form of the recovered funds, as decided by WazirX. Inviting Experts Worldwide: WazirX has invited ethical hackers, cybersecurity professionals, and blockchain forensics experts from around the globe to participate in the program. Time Frame: The bounty program will run for three months, starting from the day of the announcement. However, this time frame is subject to change based on the situation. #SHİB #ETH #PEPE #CryptoSafety
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Recovery Challenges for $SHIB and $PEPE : Shiba Inu also faces difficulties, despite a brief recovery in January. Alongside market performance, the ecosystem has encountered controversies
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