The chief executive officer of investment firm VanEck says it’s unlikely the United States Securities and Exchange Commission will approve a spot Ether exchange-traded funds in May. In an April 9 interview with CNBC, Jan van Eck said his firm’s spot Ethereum ETF application will “probably be rejected.” He noted that his firm was the first to file…

Decentralized finance (DeFi) firm 1inch Network has debuted a new debit card with cryptocurrency-to-fiat bridge functionality. The new card was developed in partnership with Mastercard and Baanx. According to a blog post from 1inch, the new debit cards will feature full functionality, including a physical card featuring an account number, expiration date and the “CVC” security code…

Solana developers are targeting April 15 to implement a fix for an “implementation bug” that recently caused the transaction failure rate on Solana to skyrocket. “Solana’s current issue is not a design flaw, it’s an implementation bug,” stressed Mert Mumtaz, the CEO of Helius Labs, a blockchain infrastructure firm that provides back-end support exclusively to…

Ether accelerated 8% in spot crypto markets on Monday amid an uptick in social sentiment and optimism among derivatives traders. Ether prices have gained around 8% over the past 24 hours, with the asset hitting an intraday high of $3,722 on April 9, outpacing Bitcoin and most of its closest peers, according to CoinGecko. It is the…

The price of Bitcoin could double from its current value of $69,000 in as little as three months time, according to an analysts’ take on a widely-used momentum indicator. Pseudonymous analyst TechDev told their 440,000 followers on X that Bitcoin had closed two consecutive months above the upper Bollinger Band, adding that every time Bitcoin had…

Memecoins that can capitalize on deeper “culture” this cycle could be far more profitable than standard meme tokens based on animals and simple jokes, according to Mechanism Capital co-founder Andrew Kang. In an April 7 post to X, Kang said a new class of “culture coins” — memecoins centered around cultural values such as politics, brands,…