BlackRock Registers Spot Ethereum ETF; Ripple and SEC File Joint Briefing As Bitcoin Spark Make Breakthrough in Smart Mining
Coinpedia
19 Nov 2023 4:45 PM
The crypto market has gotten a new event to buzz about as BlackRock registers a spot at Ethereum ETF in Delaware. Meanwhile, Ripple and SEC have filed a...
- BlackRock has registered a spot Ethereum ETF in Delaware, signaling its intention to expand beyond Bitcoin. Other VC firms have also filed for spot ETH ETFs, causing a frenzy in the crypto market and boosting the price of Ethereum.
- Ripple and the SEC have filed a joint briefing in their ongoing lawsuit, indicating a possibility of a settlement. Ripple has agreed to focus on events before the SEC's complaint and granted the regulator 90 days for discoveries. The outcome of the lawsuit could significantly impact the price of XRP.
- Bitcoin Spark has made a breakthrough in smart mining by introducing a new consensus algorithm called Proof-of-Process. This reduces the energy requirements of mining and allows more users to mine BTCS tokens. The project has gained attention and analysts predict a bullish future for the BTCS token.
You May Ask
What is the significance of BlackRock registering a spot Ethereum ETF in Delaware?How has the price of Ethereum reacted to the news of the spot ETF registration?What is the current status of the Ripple vs SEC lawsuit?How has the price of XRP been affected by the joint briefing filed by Ripple and the SEC?What is the unique mining model introduced by Bitcoin Spark and how does it reduce energy requirements?