Altcoin News by Thebittimes.Com

Multiple Bitcoin (BTC) ETF issuers are competing to attract investors into America’s first basket of exchange-traded funds using Google ads. On Jan. 29, Google ended its five-year ban on cryptocurrency promotion via search results following the approval of spot BTC ETFs by the U.S. Securities and Exchange Commission (SEC). BlackRock and VanEck were the first firms to leverage this amended ad policy as crypto.news reported, but more issuers have joined the fray.  Promoting initial coin offerings (ICOs) on Google remains prohibited, but a pivot from the search engine’s ad policy has allowed firms to advertise crypto-backed funds. The Financial Times noted spot Bitcoin ETF ad campaigns launched by Bitwise, Fidelity, Grayscale, and Invesco amid a tussle to marshall retail capital into respective cryptocurrency funds. You might also like: LPL Financial to evaluate spot Bitcoin ETFs ‘three months’ before joining the market Google did not divulge how much these firms spend to p...

MATIC price surged due to favorable regulation, increased network use and anticipated Polygon 2.0 upgrade that could see a rebrand to POL. Polygon (MATIC) has experienced a significant price increase on July 13, driven by several key factors. These include a recent positive court ruling for XRP, increased activity of decentralized applications (Dapps) on the Polygon Network, and the highly anticipated launch of Polygon 2.0. MATIC/USD 12-hour price at Coinbase. Souce: TradingView Within just 12 hours, MATIC witnessed a remarkable 24% rally, propelling its price to $0.89 on July 13, reaching its highest level in five weeks. Although the initial excitement subsided, the token managed to sustain a daily gain of 15%, indicating growing demand from traders and investors. MATIC seizes opportunity from the SEC's loss On July 13, the United States District Court for the Southern District of New York ruled that XRP is not a security. This court decision could have far-reaching implication...