Coinbase Launches a Smart Crypto Wallet
Coinbase is introducing its new “smart wallet” in an effort to enhance user experience for its customers.
Paxos Announces Lift Dollar Stablecoin
Paxos International, a company based in the UAE under Paxos, has introduced a new stablecoin called Lift dollar (USDL), which offers a yield to users. The stablecoin’s first market will be in Argentina.
VanEck Predicts Ethereum Could Hit $22,000 in 6 Years
Analysts at VanEck, a US investment firm that has applied for a spot Ether ETF listing, have increased their prediction for Ethereum’s price in 2030.
Mike Novogratz: SEC Will Approve Spot Solana ETFs
According to experts in the crypto community, the SEC is likely to approve spot Ethereum ETF applications, leading to the potential launch of a similar instrument focused on Solana.
Bitcoin and Ethereum Volatility Will Decrease, Analyst Says
Current implied volatility levels for Bitcoin and Ethereum options suggest a relatively stable market for cryptocurrencies in the upcoming weeks, according to Deribit’s commercial director Luuk Strijers.
Inflows into US Spot Bitcoin ETFs Continue
On June 3, there was a total of $105.1 million flowing into 11 approved Bitcoin spot ETFs.
Inflows into Crypto Products Reached $2 Billion in May
During the period from May 25 to May 31, a total of $185 million was invested in cryptocurrency products. This brought the total for the month of May to almost $2 billion, according to calculations by CoinShares.
