Top 5 Crypto News of the Week

Top 5 Crypto News of the Week

The crypto space has been abuzz with exciting developments this week. Here are the top 5 news stories that caught our attention:

1. Ethereum Spot ETF Approved

The US Securities and Exchange Commission (SEC) has approved the Ethereum Spot ETF, allowing several asset managers to list their ETFs on the NYSE. This is a significant milestone for the crypto industry, as it marks the first time an ETF has been approved for a cryptocurrency other than Bitcoin.

2. Anti-Bitcoin Lobbying Allegations

Forbes has accused PayPal and some crypto industry players of engaging in anti-Bitcoin lobbying efforts. The allegations suggest that Proof-of-Stake (PoS) protocol operators may have lobbied against Proof-of-Work (PoW) based cryptocurrencies like Bitcoin. BTC-ECHO has investigated the allegations and raises questions about the validity of the claims.

3. Fair Launch Token

The crypto market has seen a surge in new token launches, but many of these tokens have been plagued by low liquidity and high valuations. The concept of a "Fair Launch Token" has gained popularity, with some proponents arguing that it's a more equitable way to distribute tokens. We explore the concept and its implications for the crypto market.

4. Near Founder Interview

Near, a cryptocurrency that has seen a remarkable 700% increase in value since last fall, has been making waves in the crypto space. We spoke with Illia Polosukhin, the founder of Near, about his fascination with artificial intelligence and how it can help bring the Web3 to life.

5. Kabosu, the Dogecoin Icon, Passes Away

The crypto community is mourning the loss of Kabosu, the beloved Shiba Inu who became an icon of the Dogecoin community. We pay tribute to Kabosu and reflect on the impact she had on the crypto space.

These are the top 5 crypto news stories of the week. Stay tuned for more updates from the world of cryptocurrency!

For more Crypto and Finance content check out our Blog: https://finixyta.com/egld-investment-potential-why-multiversx-is-poised-for-growth/