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Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

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, ...

Amazon Deepens Crypto Presence With Cronos Partnership

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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...

Shiba Inu’s BONE Bags a Listing on Crypto.com

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Shiba Inu’s BONE token has been emerging as a topic of discussion in the crypto community. Apart from pocketing gains, BONE managed to enter the top 100 list on CoinMarketCap. Now, the asset has received its biggest stamp of approval to date. In a recent tweet, prominent cryptocurrency exchange Crypto.com announced that it had listed BONE. The asset was made available to trade against the U.S. Dollar [USD]. Crypto․com Exchange lists Bone ShibaSwap $BONE 💰 Trade the $BONE $USD pair now 👉 https://t.co/GBTPzwVBuy pic.twitter.com/bAWmAeEyBb — Crypto.com Institutional (@Cryptocom_Insto) March 2, 2023 More recently, BONE bagged a listing on the prominent South Korean exchange Gate.io and also Huobi. After Crypto.com , the community hopes to see the asset on Binance. A petition for the same has been making the rounds and currently has 2,029 signatures. The Shiba Inu Army was ecstatic after the listing was announced. An array of them quickly r...