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Cronos defied a sector-wide downtick on Friday after the crypto asset manager Canary Capital filed for a CRO-based exchange-traded fund (ETF). CRO is the native asset of the Cronos layer-1 blockchain, which was developed by the exchange Crypto.com. Canary filed an S-1 Form with the U.S. Securities and Exchange Commission (SEC), proposing an ETF that would offer investors exposure to CRO. If approved, the product would also stake a portion of its CRO holdings to earn rewards. The new S-1 statement represents the latest in a spree of recent ETF filings for Canary, which is also attempting to launch Solana (SOL), XRP, Sui (SUI), Litecoin (LTC), Axelar (AXL), Hedera (HBAR) and Pudgy Penguins (PENGU) funds. The SEC greenlit the first spot market Bitcoin (BTC) ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The regulator subsequently approved Ethereum (ETH) ETFs for trading last July. Two financial firms, ...

The cryptocurrency market is witnessing a strong upward trend, fueled by recent bullish rallies. Bitcoin has reached a new milestone, hitting an all-time high of $107,000 and driving market optimism. As a result, the global crypto market cap has risen to $3.77 trillion, reflecting a 2.96% increase over the last 24 hours. Altcoins are also benefiting from this market rally, with Stellar (XLM) emerging as one of the standout performers. It has gained 123.20% over the past month, showcasing strong upward momentum. With market sentiment currently bullish, this could be a promising time for investors looking to diversify their portfolios. This article will explore the best crypto to buy right now , highlighting top-performing cryptocurrencies that are showing strong growth potential. Best Crypto to Buy Right Now The Aave DAO has approved a co-incentive campaign to encourage PYUSD adoption on Aave and strengthen PYUSD/GHO liquidity. Meanwhile, Stellarhas gained attention after rising 11.1...

Traders immediately reacted to the announcement, with Cronos (CRO) price skyrocketing 8% in just an hour. The CRO price is currently trading at $0.075, up over 15% in the last 24 hours. advertisement Amazon Web Services Partners With Cronos Cronos in a tweet on April 26 revealed a partnership with Amazon Web Services (AWS) to support the growth of Web3 startups through the Cronos Accelerator Program. AWS will work with Cronos Labs to support the Web3 startups to scale and grow through the accelerator program to develop DeFi, GameFi, SocialFi, and Infrastructure applications. Cronos chain’s ecosystem will leverage the AWS Activate program to help startups and early-stage entrepreneurs. The partnership aims to boost blockchain technology’s adoption and integration in Web3 , providing startups with access to AWS’s resources and Cronos Labs’ expertise in blockchain development. Trending Stories ETH P...