The United States Securities and Exchange Commission (SEC) has approved the listing and trading of 11 spot Bitcoin (BTC) Exchange-Traded Funds (ETFs). This decision, which narrowly avoided rejection, was supported by SEC Gary Gensler but opposed by Democratic-affiliated commissioners Caroline Crenshaw and Jaime Lizárraga. Following the announcement, Bitcoin’s price briefly surged above $47.7k, but has […]
Mizuho, a Japanese bank, is making strategic moves to expand its global dealmaking team. As part of this expansion, the bank has recently hired a UK investment banking veteran, Tim Waddell, to join its board. Waddell’s appointment comes as Mizuho seeks to grow its investment bank in Europe.Waddell, who has spent decades at large investment […]
Ethereum co-founder Vitalik Buterin has proposed a significant change to the Ethereum network’s gas limit. During a Reddit “ask-me-anything” session organized by the Ethereum Foundation’s Research Team, Buterin suggested raising the gas limit from its current 30 million to 40 million, a 33% increase. This proposal aims to address Ethereum’s evolving usage and adoption since […]
In a significant development, the United States Securities and Exchange Commission (SEC) has approved Bitcoin Spot Exchange-Traded Funds (ETFs). The majority of SEC officials voted in favor of the approval, marking a pivotal moment in the crypto space.The approval came on Wednesday, January 10, following a voting exercise by the SEC commissioners on the applications […]
Ethereum co-founder Vitalik Buterin has proposed a “modest” increase in the gas limit to improve the throughput of the Ethereum network. This suggestion was made during a Reddit ask-me-anything (AMA) session hosted by the Ethereum Foundation’s research team. Buterin pointed out that the gas limit has remained unchanged for nearly three years, the longest period […]
The Securities and Exchange Commission (SEC) has set deadlines for several applicants to receive a decision on their Ether ETF proposals. The competition among established financial giants like VanEck, ARK 21Shares, Hashdex, Grayscale, Invesco, Fidelity, and BlackRock underscores the growing demand for Ether ETFs and their potential impact on the cryptocurrency market.Ethereum ETFs are poised […]
The United States has witnessed the commencement of trading for its first-ever spot Bitcoin exchange-traded fund (ETF), a day following its approval by the Securities and Exchange Commission (SEC). BlackRock’s iShares Bitcoin Trust, bearing the ticker symbol IBIT, initiated trading in the pre-market and has seen a rise of 22.25%, trading at $26.81. The iShares […]
Ethereum co-founder Vitalik Buterin has proposed a “modest” increase in the gas limit to potentially enhance the network’s throughput. During a Reddit ask-me-anything (AMA) session hosted by the Ethereum Foundation’s research team on January 10, Buterin pointed out that the gas limit has remained unchanged for nearly three years, marking the longest duration in the […]
Bitcoin and several other large-cap cryptocurrencies have experienced a rally following the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. Despite the hype and enthusiasm surrounding the ETF approval, Bitcoin’s price performance was relatively flat, with a modest gain of 1.35%, trading at $46,258.Some analysts had predicted that the ETF approval could […]
The crypto community is abuzz with speculation about the potential approval of spot Ethereum (ETH) exchange-traded fund (ETF) applications in May 2024. This comes in the wake of the US Securities and Exchange Commission’s (SEC) decision to greenlight the trading of spot Bitcoin ETFs, a move that has been seen as highly beneficial for Ethereum.Following […]
