The approval process for an Ethereum Exchange-Traded Fund (ETF) appears uncertain, especially when compared to the recent launch of a Bitcoin ETF. The Bitcoin ETF launch was not without its challenges, including debates and lawsuits, but the Security and Exchange Commission (SEC) Chair, Gary Gensler, has always referred to Bitcoin as a commodity.However, Gensler’s stance […]
MicroStrategy’s co-founder, Micheal Saylor, appears to be formulating his own ‘Bitcoin Strategy’. A recent report indicates that Saylor has started to liquidate some of his company’s stocks with the intention of acquiring more of the leading cryptocurrency, Bitcoin.In a Bloomberg report, it was revealed that Saylor sold between 3,882 and 5,000 MicroStrategy shares on certain […]
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this change. Data from the crypto analytics platform Lookonchain reveals that a whale with the wallet address “0xAA15” withdrew a total of 5,762 ETH, equivalent to approximately $15.06 million, from Binance. This whale has purchased […]
Shiba Inu whales have been capitalizing on the recent dip in Shiba Inu, accumulating a staggering 2.39 trillion SHIB. Despite a downtrend in SHIB’s price since the start of the month, which saw a drop of as much as 20% from the yearly open to reach $0.000008735 on January 8th, these whales have been actively […]
Asset management firm Grayscale has been moving large amounts of Bitcoin to various wallet addresses over the past month, according to a recent report. This comes after the United States Securities and Exchange Commission (SEC) approved the firm’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). The Grayscale Bitcoin Trust is […]
In the dynamic world of cryptocurrency, recent developments in Dogecoin (DOGE), Solana (SOL), and a new entrant, Rebel Satoshi ($RBLZ), have captured the attention of investors. As the crypto market experiences exciting shifts, investors are at a crossroads, contemplating the top crypto coins, the best cryptocurrency to buy, and promising altcoins.Dogecoin, the dog-inspired cryptocurrency, has […]
The cryptocurrency landscape is witnessing a dramatic shift as Ethereum (ETH) outperforms the long-reigning king, Bitcoin (BTC). Despite the recent approval of Bitcoin’s spot ETF, Ethereum has surged 13.5%, reaching a 9-month high above $2,650, while Bitcoin has experienced a 10% dip. This unexpected development has sparked a debate within the crypto community about whether […]
Bitcoin ETFs have made a historic debut in the U.S., led by Grayscale, BlackRock, and Fidelity, with trading volumes reaching a record-breaking $4 billion on the first day. Despite this, Bitcoin (BTC) prices have struggled to surpass the yearly high of $48,000, causing concern among investors. At the time of writing, BTC has fallen to […]
The US Securities and Exchange Commission (SEC) has recently given the go-ahead for a spot Bitcoin ETF, albeit somewhat reluctantly. This has sparked speculation about when the agency will approve an exchange-traded fund that tracks the performance of the second-largest cryptocurrency.The year 2023 is set to be a landmark year for ETFs, with numerous companies […]
The US Securities and Exchange Commission (SEC) has recently given the green light to a spot Bitcoin ETF, albeit somewhat reluctantly. This has sparked speculation about when the agency will approve an exchange-traded fund (ETF) that tracks the performance of Ethereum, the second-largest cryptocurrency.The year 2023 has been a significant one for ETFs, with numerous […]
