News and Analytics

0

Ethereum ETF Approved, and Theta Increases in Value by 11%

Aug 22, 2024
  1. SEC Approves Eight Ethereum ETFs
  2. Theta Advances Towards AI Integration
  3. Qubetics Blockchain: A New Promising Opportunity

The approval of Ethereum ETFs and Theta’s progress highlight ongoing development opportunities for investors.

SEC Approves Eight Ethereum ETFs

The Securities and Exchange Commission (SEC) has officially approved eight ETFs for the world’s second-largest cryptocurrency, Ethereum. Following the official announcement, trading of these ETFs began the next day. This advancement in the ETF sector is expected to bridge the gap between digital and traditional finance.

Theta Advances Towards AI Integration

Theta Network’s EdgeCloud has established itself as a powerful AI tool primarily designed for GPU-intensive video processing and editing. In further news, Theta Network has announced AI model training on EdgeCloud. This completes the full AI development cycle on EdgeCloud, allowing users to train cutting-edge GenAI models and leverage Theta’s high-end GPUs. The value of Theta Network’s native coin increased by 11.30%, providing significant returns to investors.

Qubetics Blockchain: A New Promising Opportunity

The Qubetics network has opened its whitelist registration for its TICS tokens. Qubetics offers investors early access to the TICS tokens presale. Technologically, it is a layer-1 blockchain compatible with EVM, which enhances smart contract execution and transaction processing, while also improving interoperability with other EVM devices. The Qubetics project aims to transform the future of ecosystems and blockchain development.

The approval of Ethereum ETFs and Theta Network’s progress are notable events in the cryptocurrency market. The Qubetics project presents new opportunities for investors.

Comments

Latest analytics

Bead Pay: Cryptocurrency...

Bead Pay: Cryptocurrency Solutions for Global Payments

Bobby Zagotta and...

Bobby Zagotta and His Impact on the Crypto Industry

Show more

Latest Dapp Articles

Show more

You may also like