Cryptocurrency News
Amidst a historic day in the United States and the cryptocurrency realm marked by the launch of the first exchange-traded fund (ETF) dedicated to a single commodity, Bitcoin demonstrated resilience, maintaining a stable position around the $46,000 mark. Data from Binance indicates a notable pattern where the increase in Bitcoin […]
The aftermath of spot Bitcoin ETF has sparked a lot of positivity in the market as many altcoins resumed bullish this week. BCH just flipped through its recent high, charging strong for a bigger price movement. After exploding massively to $329 in June 2023, BCH lost momentum and later found […]
The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers […]
Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into […]
Big news in the finance world! Fidelity Investments, the financial powerhouse, is diving into the Ethereum Exchange-Traded Fund (ETF) competition by filing a 19b-4 with the Chicago Board Options Exchange (CBOE). And guess what? They’re not alone—BlackRock, another heavy hitter, threw their hat in the ring just a day before. […]
The cryptocurrency market experienced a brief however significant surge in XRP prices following false reports of BlackRock’s contribution in a XRP exchange-traded fund (ETF). The saga unfolded on X (formerly Twitter) when users stumbled upon a Delaware filing indicating the registration of “iShares XRP Trust,” seemingly indicating BlackRock’s move towards […]
Bitcoin (BTC) has witnessed a striking rally, surging by an extra 4%, flagging renewed bullish sentiment in the cryptocurrency market. This surge lines up with the expectation encompassing a huge Bitcoin ETF approval window, as highlighted by James Seyffart, a senior ETF strategist at Bloomberg. 90% Chance Of Spot Bitcoin […]
Cryptocurrency markets remain on an upward trajectory as optimism and anticipation continue to fuel prices. The resurgence in the crypto market can be attributed to the increasing likelihood of Exchange-Traded Fund (ETF) listings, which have generated significant interest from both institutional and retail investors. 📰 #Crypto markets have continued to […]
Earlier today, Blackrock, worth $10 trillion, refiled for Bitcoin ETF approval, and now all eyes are on the SEC. It has given the crypto community hope and expectation of good news. Notably, One X(Twitter) user commented on the news, saying the crypto market will be crazy after the Bitcoin ETF […]
In the fast-paced world of cryptocurrency, news travels at lightning speed, and its impact can be equally swift. Recently, a false report from Cointelegraph claiming that the SEC had approved the iShares Bitcoin Spot ETF sent shockwaves through the market, leaving a trail of financial casualties. FOMO, or the “Fear […]
The cryptocurrency space is poised for a seismic shift as asset managers with a combined worth of $17.7 trillion express significant interest in Bitcoin. This enthusiasm is primarily driven by the anticipation of approval for multiple Bitcoin Exchange-Traded Funds (ETFs). Here’s a comprehensive look at what could unfold if these […]
Valkyrie’s recent approval to offer Ethereum (ETH) futures within its existing exchange-traded fund (ETF) has made significant waves in the cryptocurrency and financial markets. This milestone not only increased exposure to Ethereum but also contributed to a notable boost in ETH’s price, reaching $1,665 during Thursday’s trading session. Let’s explore […]
The launch of a spot Bitcoin ETF would be a watershed moment for the Bitcoin ecosystem. It would make it easier for investors to gain exposure to Bitcoin, and it could lead to increased adoption of Bitcoin by mainstream investors. Institutional Investors Are Interested In Investing In Bitcoin It is […]
The recent filing of a spot bitcoin ETF by Franklin Templeton has generated a lot of excitement in the crypto community. However, the initial FOMO (fear of missing out) has quickly died down, as investors have begun to realize that the approval of such an ETF is still not guaranteed. […]
Franklin Templeton, one of the world’s largest asset managers, has filed for a spot Bitcoin ETF, which would allow investors to directly invest in Bitcoin through a traditional brokerage account. This news has sparked a wave of optimism in the crypto community, with Bitcoin and Bitcoin Cash emerging as the […]
The crypto community is certainly optimistic after the Grayscale victory over the SEC. The court’s ruling that the SEC had exceeded its authority by blocking the conversion of Grayscale’s Bitcoin Trust (GBTC) into an ETF has been seen as a major step forward for the legitimization of cryptocurrencies. Will The […]
The acceptance of multiple Bitcoin exchange-traded fund (ETF) applications by the U.S. Securities and Exchange Commission (SEC) indicates a significant development for the crypto market. Notably, the SEC’s acceptance of applications from prominent financial institutions such as BlackRock, Fidelity Investments, WisdomTree, VanEck, Invesco, and ARK 21Shares demonstrates that regulators are […]
The announcement of BlackRock’s Bitcoin ETF request on June 15th, 2023, has had a significant impact on the share of Bitcoin supply held and traded by US entities. This development potentially signifies an inflection point in the dominance of US entities over Bitcoin supply if the trend continues. BlackRock’s FirstMover […]