TLDR:
- Fidelity Investments has filed an S-1 form for a spot Ethereum ETF, with the addition of staking.
- The Shiba Inu community just burned over 50 million SHIB tokens.
- NuggetRush’s rare RUSHGEM NFTs can be converted to real gold.
Another company, Fidelity Investments, has filed for a spot Ethereum ETF. Meanwhile, the Shiba Inu community is still on with its burning program, having just burned over 50 million SHIB tokens.
In other news, NuggetRush has become one of the most popular gaming tokens in the crypto space while still in its cryptocurrency ICO stage. The project allows players to win real gold through the RUSHGEM NFTs.
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NuggetRush (NUGX): Get Real Gold By Selling RUSHGEM NFTs
NuggetRush (NUGX) is building a unique play-to-earn platform that will capitalize on the growth of the mining industry. Over the years, gold, silver, and other precious minerals have gained value and importance in the financial world.
Unfortunately, only very few people have the resources and the technical knowledge to mine such minerals. However, things are about to change with the new DeFi project called NuggetRush. NuggetRush’s upcoming mining game will allow you to search and mine these minerals at no extra cost.
The interesting part is that the mining will occur virtually. What makes it even more exciting is that you can convert the minerals you have mined into real cash or money. However, there is a special item in the game that every player will try to get because they are rare.
They are the coolest NFTs, and they are called RUSHGEM. What makes them cool is that they can be converted into real gold. This real gold will be sent to any address of your choice. So, you can mine virtually and still make real money and even gold.
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Fidelity Investments Shows Interest in Ethereum (ETH) ETF With New Filing
Fidelity Investments has submitted an S-1 form for a spot in Ethereum ETF. The organization also added staking to its application. Adding staking to the proposal shows that Fidelity understands how staking has become in the crypto space – for network security and governance.
Besides, most of its investors would see staking as a passive source of income. Interestingly, Fidelity has joined the long list of firms that have filed for spot Ethereum ETF in the past few months. Notably, WisdomTree Investments, BlackRock, Valkyrie Digital Assets, Grayscale, and Franklin Templeton are some of the notable mentions.
However, optimism regarding whether the US SEC will greenlight any spot Ethereum ETF application has dropped. The regulator has positioned its decision on several applications in the past month. Nevertheless, investors remain hopeful for a last-minute turnaround.
Shiba Inu (SHIB) Burn Skyrockets
Shiba Inu (SHIB), one of the top memecoins, has witnessed a massive token burn, according to data from Shibburn. The platform that tracks Shiba Inu’s burn activity revealed that the community burnt over 50.90 million SHIB coins on March 27th.
This brings the total amount of Shiba Inu burnt to a whooping 410,724,326,194,132 SHIB. Unfortunately, the burn event did not cause a price pump for one of the leading ETH memecoins as expected. According to CoinGecko, Shiba Inu’s price is still ranging around the $0.00002611 – $0.00003139 price level.
The meme coin is still battling with bearish pressure from the latest sell-off in the market. Luckily, Bitcoin’s halving is around the corner. We might see Shiba Inu coin rising as high as $0.00005256 if market sentiment improves.
Final Thoughts
NuggetRush emerges as the best cryptocurrency to buy right now at just $0.019. The project gives players a chance to win rare RUSHGEM NFTs, which can be converted into real gold.
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