Renowned trader Peter Brandt has reiterated his bearish stance on Ethereum (ETH), suggesting that the cryptocurrency’s future looks bleak. Brandt, a swing trader, has expressed his bias towards Ethereum, stating that he believes shorting the digital currency is the best strategy at this time. He has dismissed any suggestion that he might be holding Ethereum […]
In a historic move, the Securities and Exchange Commission (SEC) has given the green light to several applications for Bitcoin spot exchange-traded funds (ETFs). This approval allows these funds to be listed and traded on major US stock exchanges. This is the first instance of the SEC approving funds that directly hold Bitcoin, as opposed […]
In a historic decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Bitcoin Exchange-Traded Funds (ETFs). This marks a significant milestone in the integration of cryptocurrencies into mainstream finance. The decision follows years of anticipation and numerous rejections of previous proposals due to concerns over market manipulation and investor protection.The […]
In the midst of a fierce competition to attract investors to Bitcoin exchange-traded funds (ETFs), Grayscale is holding its ground with its Bitcoin investment product, despite the ongoing fee war in the sector. As other players such as Valkyrie, Invesco, and Bitwise lower their fees, Grayscale has chosen to maintain a higher fee, underlining the […]
Crypto analyst Dark Defender has shared his insights on the potential rise of the XRP price to $13. He also suggested that the price of the crypto token could exceed this prediction when other factors are taken into account.Dark Defender explained on his X platform that the XRP price could reach $13 when the total […]
In a recent development, Bitcoin Exchange-Traded Funds (ETFs) could potentially witness up to $100 billion in inflows, provided the Securities and Exchange Commission (SEC) gives its approval. This prediction comes from analysts at Standard Chartered, Galaxy, and Corestone.These experts further anticipate that a spot Bitcoin ETF could attract over $1 billion in inflows within the […]
The crypto community is on tenterhooks as it awaits the SEC’s decision on Spot Bitcoin ETFs. The anticipation has sparked a fierce competition among ETF providers, with many slashing their proposed management fees in a bid to attract investors. Invesco, Valkyrie, and WisdomTree are among the providers who have reduced their fees, with Invesco dropping […]
XRP, the cryptocurrency asset, has achieved a significant milestone, recording the highest trading volume on HTX Global, a Seychelles-based cryptocurrency exchange. On January 7th, XRP’s trading volume reached $112 million, surpassing other altcoins such as SOL and BTC, which secured $70 million and $65 million respectively, and SEI and AAVE, both of which raked in […]
The Ethereum-Bitcoin ratio has dropped to a historic low, fueling speculation about the approval of an exchange-traded fund (ETF) in the U.S. Data from the Paris-based crypto intelligence platform Kaiko reveals that the ETH/BTC ratio has been on a steady decline since Ethereum transitioned into a proof-of-stake network in September 2022. In the last 24 […]
Solana (SOL), last year’s top performer among the top 20 cryptocurrencies by market cap, has started the year on a downtrend. For the first time in over three months, it recorded successive bearish weekly candlesticks, dropping from its Christmas high. Yesterday, SOL dipped below $100 to bottom out at $85, but it has since recouped […]
