BlackRock CEO Larry Fink recently expressed his belief in the value of a spot Ethereum (ETH) ETF (Exchange Traded Fund) during an interview with CNBC. This comes after the US SEC (Securities and Exchange Commission) approved 11 spot Bitcoin (BTC) ETFs, a development that has been eagerly anticipated by US investors interested in the cryptocurrency […]
BlackRock CEO Larry Fink has shown interest in a spot Ethereum ETF following the US SEC’s approval of 11 spot Bitcoin ETFs. Major firms such as BlackRock, VanEck, and Grayscale have applied for a spot ETH ETF, indicating a strong interest from US investors in cryptocurrency-based ETFs.The SEC has set final decision deadlines for the […]
The first spot Bitcoin exchange-traded funds (ETF) in the United States has been approved, paving the way for billions of dollars in institutional money to enter the market. On the first day of trading in January 2024, the total volume across ten spot Bitcoin ETFs reached over $4.5 billion. Grayscale Investments’ Bitcoin ETF alone handled […]
The Shiba Inu burn initiative has seen a significant increase in its token burn rate, sparking interest within the crypto community. Data from the Shiba Inu burn tracker, Shibburn, reveals a 395.43% increase in the SHIB burn rate on January 12. Over 18 million SHIB tokens were destroyed in the past 24 hours, coinciding with […]
In a historic event, Grayscale, BlackRock, and Fidelity have led the debut of Bitcoin ETFs in the U.S., marking a significant step in integrating cryptocurrency with traditional financial markets. The launch saw a record-breaking $4 billion trading volume on the first day, reflecting robust investor confidence.Senior ETF Analyst, Eric Balchunas, highlighted the extraordinary level of […]
Cathie Wood, the CEO of ARK Invest, has made waves in the cryptocurrency market by revising her Bitcoin price predictions upward. This comes in response to the SEC’s recent approval of spot ETFs. Known for her bullish stance, Wood now predicts that the digital asset could potentially reach $1.5 million by 2030, surpassing her previous […]
The NEAR Foundation, the non-profit entity responsible for the NEAR protocol, has announced a significant reduction in its workforce. This strategic shift is aimed at streamlining operations and enhancing efficiency. The decision to cut 40% of its workforce, affecting 35 jobs, comes in response to feedback from the NEAR Foundation Council, which raised concerns about […]
Bitcoin enthusiasts have a new reason to be optimistic. Samson Mow, a well-known figure and former CSO at Blockstream, has made a bold prediction for the future of Bitcoin. He foresees a massive price increase, which he has dubbed the “Omega Candle,” that could see Bitcoin reach a value of $1 million per coin. This […]
The United States has made a significant breakthrough in the world of cryptocurrency by approving the trading of Bitcoin Exchange Traded Funds (ETFs). This historic moment marks the birth of a new asset class, making Bitcoin more accessible and affordable to trade than ever before. The cryptocurrency industry views this as a major victory after […]
In a historic move, the U.S. Securities and Exchange Commission (SEC) has approved the first U.S.-listed exchange-traded funds (ETFs) that track Bitcoin. This approval of 11 Bitcoin ETFs is causing a stir in the financial world, with both experts and investors predicting significant impacts on the cryptocurrency market. This development is of great importance for […]
