21Shares Applies for US-Based Spot Sui ETF Following European Launch
Crypto investment firm 21Shares has taken another significant step toward expanding its footprint in the United States by filing for a spot Sui exchange-traded fund (ETF). On April 30, 21Shares submitted a Form S-1 to the U.S. Securities and Exchange Commission (SEC), seeking approval to launch the 21Shares Sui ETF. The fund aims to reflect […]
Bitcoin Price Poised for a Sharp Rise as Fed Rate Cut Probability Reaches 60%
Bitcoin is once again testing the $95,000 mark as of May 1, with markets factoring in the growing likelihood of the US Federal Reserve cutting interest rates sooner than expected. Rate Cut Drives Bitcoin Price Upward Bitcoin’s price edged higher after dipping below $93,000 following the release of US GDP data, which indicated a slowing […]
Coinbase to Halt MOVE Token Trading Amid Compliance Concerns
Coinbase, one of the leading cryptocurrency exchanges in the U.S., has revealed plans to suspend all trading activity for the MOVE token, the native asset of Movement Labs, starting May 15. The announcement was made via Coinbase’s official X (formerly Twitter) account on May 1, where the exchange stated that the token no longer meets […]