DeFi News Daily Official TheBitTimes.com

Speculations about the ETF approval’s potential effects on Bitcoin (BTC) have been widespread. Greeks.live, an options platform, provides insights into how the exchange-traded fund could influence the value of the leading cryptocurrency. Potential Bitcoin ETF approval imminent The U.S. Securities and Exchange Commission (SEC) is reportedly set to inform asset managers seeking to launch a spot Bitcoin (BTC) ETF about the approval status of their applications as early as next week. A seasoned trader, renowned for accurately predicting the year’s crypto breakout, now provides insights on Bitcoin’s optimal trajectory post potential approval of spot market BTC exchange-traded fund applications (ETF). DonAlt, the pseudonymous analyst, says a prolonged consolidation period would be the most favorable scenario for Bitcoin after potential ETF approval. According to The Daily Hodl, he anticipates a “sell-the-news” reaction to the upcoming ETF announcement on Ja...

Key takeaways The Memeinator presale launch ed a few days ago, and the team has raised more than $500k so far. The token’s price will increase to $0.0118 in the next presale round. Memeinator’s presale is now finally live and has attracted interest from investors. The project has already raised considerable amounts over the last few days despite the bearish trend in the market since the start of the week.  What is Memeinator? Memeinator is an exciting Web3 project that is attracting interest from investors. It is a project that is leveraging the meme coin wave and seeks to provide users with a wide range of utilities.  As a crypto project, Memeinator is on a mission to destroy worthless memes and become one of the leading meme tokens in the the world. The crypto space is filled with thousands of worthless meme projects with no use case besides speculation. Memeinator is setting itself aside from this group by offering users num...

Bitwise stated that this move will enable investors to access CME Ether futures within the widely embraced and regulated ETF framework. Bitwise Asset Management has revised its spot Bitcoin Exchange-Traded Fund (ETF) application and has confirmed that trading for two Ethereum-focused ETFs will commence on October 2, 2023. This decision comes after having amended its application for the spot Bitcoin ETF. The firm has revealed that trading is scheduled to commence for the Bitwise Ethereum Strategy ETF ($AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ($BTOP). Bitwise stated that this move will enable investors to access CME Ether futures within the widely embraced and regulated ETF framework, marking a significant milestone. According to the firm's Chief Investment Officer, Matt Hougan, in a statement, he remarked, "Ethereum offers a more extensive portfolio opportunity compared to Bitcoin. Some investors view Ethereum as an alternative, while others perceive ...

The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit. On September 21, decentralized exchange (DEX) Uniswap launch ed an educational platform in conjunction with the blockchain education-focused Do Decentralized Autonomous Organization (DAO). According to the announcement, Uniswap University aims to create a structured learning pathway for onboarding users to its V3 exchange via courses, simulation, and quick guides. Via the platform , users can gain knowledge on topics ranging from "What is a DEX?" to advanced topics such as "Strategy Backtesting Tools." Meanwhile, simulations such as adding/removing liquidity and exploring advanced position management tools allow users to gain quick practical experience. In one advanced course, Uniswap teaches users the fundamentals of becoming a liquidity provider on V3. Developers wrote: "In this chapter, we will explore several potential strategies...

Join Our Telegram channel to stay up to date on breaking news coverage The co-founder and executive chairman of MicroStrategy, Michael Saylor, has shared his thoughts about a US central bank digital currency (CBDC). According to Saylor, the launch of a digital dollar would turn out to be good for Bitcoin. Michael Saylor says a US CBDC is good for Bitcoin While speaking at a recent interview with Valuetainment, Saylor said he was concerned about the possible negative effects of the digital dollar. The US CBDC has been criticized by many because of an increased likelihood of being used by the government to conduct mass surveillance on people’s spending habits. According to Saylor, these concerns would drive interest in Bitcoin. The MicroStrategy chair also said that the interest in CBDCs promoted awareness. Bitcoin will continue to grow as people become more aware of the need for something that is not a sovereign store of value. Saylor said, I’m sure the overwhel...