JPMorgan has voiced doubts about the Securities and Exchange Commission’s (SEC) probability of approving spot Ethereum exchange-traded funds (ETFs) by May, which is the first deadline for such approvals. Nikolaos Panigirtzoglou, a representative from JPMorgan, highlighted the importance of the SEC’s classification of ETH as a commodity, akin to Bitcoin, for the approval of spot […]
The Bitcoin community is bracing for a significant event, with just 15,000 blocks remaining until the next Bitcoin halving. This event, which reduces the rewards for miners by 50%, is causing both anticipation and uncertainty within the community. The main concern is the impact this will have on mining profitability and market expectations.Halving is a […]
Bitcoin’s price has been a topic of intense discussion, with predictions for June 30 ranging from $47,000 to $69,420. However, many factors could influence these predictions, making them uncertain. The launch of Bitcoin ETFs set the top of Bitcoin’s range at $49,000. Post-ETF, it is expected to trade in an increasingly constricted range until it’s […]
Arbitrum, a layer 2 network built on the Ethereum blockchain, is off to a strong start this year, with significant increases in trading volume and the value of its native token, ARB. This positive trend suggests a promising future for Arbitrum in the early stages of the year.On-chain data from DeFiLlama reveals that the trading […]
Crypto analyst Ali Martinez has recently suggested that Solana (SOL) could continue its impressive run from 2023. According to Martinez, SOL could potentially rise to as high as $150 if certain conditions are met. He noted in a post that Solana was breaking out from a bull flag that had developed on the 4-hour chart. […]
The Hong Kong Virtual Asset Consortium (HKVAC) has announced the delisting of XRP from its top five global large cryptocurrency index. This decision reflects the altcoin’s decline from the top-performing cryptocurrencies with the largest market capitalization globally.In a significant move, HKVAC has decided to replace XRP’s position with Solana (SOL). This reorganization of its index […]
Grayscale’s DeFi Fund has undergone changes, including the removal of the Curve DAO (CRV) token from its portfolio. In other news, Bitcoin miner Core Scientific has successfully closed a $55 million equity financing round, marking its return to solvency. The company’s CEO, Adam Sullivan, stated that the funds raised, along with the full repayment of […]
Social media platform X, under the leadership of billionaire Elon Musk, has announced its plans for 2024, which include the implementation of long-awaited payment features. This announcement has led to a surge in Dogecoin (DOGE) prices. The platform’s achievements in 2023 included the launch of an AI-powered search assistant named Grok and an ad revenue-sharing […]
Bitcoin’s price has been on a significant upward trend following the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino predicts a temporary halt in this growth, citing Bitcoin’s proximity to a crucial resistance point that could lead to a substantial price drop.In a recent YouTube video, Pizzino shared his insights into […]
Following the approval of spot Bitcoin ETFs, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has expressed caution regarding Ethereum. In a recent interview with CNBC, Gensler discussed the potential for a spot Ethereum ETF to gain SEC approval in the future. While he acknowledged the approval of Bitcoin ETFs, he stressed […]
