Skip to main content

Featured Story

Produced by Daniel Aharonoff & Mogul Media AI

Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...
Post a Comment
Read more
Produced by Daniel Aharonoff & Mogul Media AI

Understanding the SEC's Deadline Extension for Fidelity's Ethereum ETF: Expert Analysis and Predictions

The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on Fidelity's proposed spot Ethereum ETF to March 5. The SEC stated in a Thursday filing that it requires additional time to thoroughly review the proposed rule change and the related concerns raised. Bloomberg Intelligence ETF analyst James Seyffart noted that the delay was expected, highlighting late May as the significant timeframe. Seyffart's colleague Eric Balchunas expressed optimism about the approval of an Ethereum ETF in 2024, citing a 70% chance of approval by May. Balchunas emphasized that the SEC's previous approval of Ethereum futures ETFs has created pressure for approving a spot ETF to avoid legal repercussions, similar to the situation with Bitcoin ETF applications. SEC Chair Gary Gensler, following the recent approval of spot Bitcoin ETFs, clarified that the decision was specific to ETPs holding non-security commodities like Bitcoin and does not indicate a broader approval stance towards crypto asset securities. Gensler refrained from definitively categorizing Ethereum as a security or commodity during his tenure as SEC chair.

Email Post

Comments

Post a Comment

Trending Stories