Top stories this week
- Franklin Templeton Applies for Spot Ethereum ETF
Asset manager Franklin Templeton has applied for a spot Ethereum ETF, joining other ETF applicants like Ark and BlackRock. This would be the 9th Ethereum ETF filed in the U.S. - Court Delays Binance Founder CZ’s Criminal Sentencing
The sentencing of Binance’s founder, Changpeng Zhao (CZ), has been postponed until the end of April. CZ potentially faces an 18-month prison term. - Bitcoin (BTC) Price Trends Bullish
Bitcoin (BTC) price trends bullish with rising towards and above $50k. Several factors including ETF inflows, US Equity and easing Miner Sell Pressure are driving this trend. - Ripple (XRP) Acquires New York’s Crypto Trust Company
Ripple strengthens its position in the U.S by acquiring Standard Custody and Trust Company. This is part of Ripple’s strategic expansion plan in the U.S. - South Korea Strengthens Crypto Exchange Regulations
South Korea is set to impose stricter regulations on cryptocurrency exchanges. OKX, a prominent crypto exchange, is reportedly under a probe for unlicensed operations. - Do Kwon’s Extradition Appeal Succeeds
Montenegro’s court has accepted Terra (LUNA) Founder, Do Kwon’s appeal, effectively revoking his extradition to the U.S. - BlackRock and Fidelity Bitcoin ETFs Outperform Grayscale on Liquidity
BlackRock and Fidelity Bitcoin ETFs are outperforming Grayscale’s Bitcoin Trust in terms of liquidity according to JP Morgan.
Hottest coins of the week
The featured cryptocurrencies list was generated through our sophisticated AI-driven analysis that meticulously evaluated the market sentiment surrounding tokens within the 500 most prominent articles over the past week, in conjunction with a thorough AI-examination of their price trends.
Nervos Network (CKB)
Nervos Network (CKB) has shown a significant price increase, with a rise of 27.34% in the last 24 hours and a weekly gain of 117.19%. This substantial growth can be largely attributed to their recent launch of the revolutionary RGB++ protocol. Developed in collaboration with Cipher Wang, the protocol enhances RGB capabilities using one-time seals and verification technology, bringing cutting-edge transaction verification to Nervos Network and raising investor interest.
Read more on: coingape.com, u.today, mpost.io, mpost.ioPyth Network (PYTH)
Pyth Network (PYTH) has achieved significant gains, with a 13.51% increase in the past 24 hours and a 36.86% rise this week. The substantial growth is primarily driven by key developments including its recent listing on major exchanges like Binance, as well as a second phase airdrop for over 160 decentralized apps. Further, PYTH’s several strategic partnerships and the addition of its 100th data provider strengthen its proposition, raising its expectation to transform the Solana blockchain and provide cutting-edge financial data.
Read more on: beincrypto.com, coingape.com, coingape.com, coingape.com, coinpedia.org
Illuvium (ILV)
Illuvium (ILV) is gathering momentum, as evidenced by its impressive price movement of +9.51% over the past 24 hours and a whopping +30.24% this week. The heightened interest in the ILV token is fueled by the upcoming release of a new competitive crypto game, Shrapnel, where Illuvium is set to compete with other blockchain-based games. As the crypto gaming industry surges, investment in ILV is seen as a strategic move by investors, contributing to its soaring market performance.
Read more on: coingape.com, coingape.com, coinpedia.org, www.cryptopolitan.com, www.benzinga.comWorldcoin (WLD)
Worldcoin (WLD), led by OpenAI’s Sam Altman, has been making significant strides recently with a significant price increase of +10.61% in the last 24 hours, and +25.87% this week. Despite undergoing investigation in Hong Kong over potential privacy concerns, the coin continues to find its adoption: it has been integrated into a blockchain-based eSports tournament platform for player identity verification, and its tech has significantly driven the growth of Optimism’s user engagement. Meanwhile, the Worldcoin Foundation is supporting global projects through community grants, underlining its commitment to the widespread adoption and development of WLD.
Read more on: www.cryptopolitan.com, coingape.com, www.benzinga.com, dailycoin.com, www.cryptopolitan.com
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