Standard Chartered Bank has recently shared its predictions on the potential impact of Spot Bitcoin ETFs on Bitcoin’s price. The bank’s Head of Digital Assets Research, Geoff Kendrick, and Precious Metal Analyst, Suki Cooper, have taken a bullish stance, suggesting that Bitcoin could reach $200,000 by the end of 2025. They believe that an influx […]
The cryptocurrency industry is on the edge of a significant decision as the U.S. Securities and Exchange Commission (SEC) is set to decide on the approval of the first Bitcoin Exchange Traded Fund (ETF) on January 10. The approval is seen by many observers as a mere formality, and the anticipation has driven Bitcoin’s price […]
Bitcoin investors are strategically positioning themselves in anticipation of the SEC’s decision on the first-ever spot Bitcoin ETF, according to on-chain metrics. The recent surge in Bitcoin’s value indicates the high stakes associated with this decision. After weeks of stagnation, Bitcoin is breaking free, and on-chain data reveals a pattern of cautious optimism.Exchange wallets are […]
Bitcoin, currently valued at $46,925, has generated over $800 million in 2024 for the American software technology firm, MicroStrategy. The company, a pioneering corporate investor, has made almost nine figures on Bitcoin this year, according to data from Bitcoin Treasuries.MicroStrategy, the owner of the world’s largest corporate Bitcoin treasury, is particularly enjoying the ongoing Bitcoin […]
Reggie Browne, co-Global Head of ETF Trading and Sales at GTS, has raised the possibility of Bitcoin spot Exchange-Traded Funds (ETFs) trading at a premium due to the current regulatory frameworks that allow U.S. institutions to manage cryptocurrencies. Browne anticipates that this could result in substantial costs for investors, potentially around 8%, due to the […]
Renowned American fund manager Cathie Wood is launching her exchange-traded index funds in Europe. She has appointed a new person in charge for Switzerland and the German-speaking countries abroad. ARK Invest Europe, the European subsidiary of the American fund company ARK Investment Management, has appointed Florian Berberich as the head of German-speaking sales.Formerly with Bloomberg, […]
Bitcoin has been in the spotlight due to the anticipation of a spot ETF, with the digital currency trading at its highest level since April 2022. However, Bloomberg’s Mike McGlone predicts a market correction is imminent, regardless of whether the SEC approves the ETF or not. He believes that Bitcoin, like other risky assets, will […]
Ethereum (ETH) is at a crucial point, with crypto analyst Michaël van de Poppe predicting a potential bullish breakout. Van de Poppe suggests that Ethereum is nearing its 2022 low and is likely to absorb liquidity at this level. He believes that if a spot ETF for Bitcoin (BTC) is approved, there could be a […]
Shiba Inu, the popular meme coin, has been predicted to experience an explosive run due to the trillions of tokens expected to be burnt this year. Despite a 4% surge in the last 24 hours, the coin has seen a 13% decline in the past week, trading at $0.000009. Analysts are optimistic that the asset […]
Bitcoin and other major cryptocurrencies such as ethereum, XRP, and solana have seen significant growth in recent months, with the market preparing for a potential $17 trillion shakeup. The bitcoin price has increased nearly 200% over the past year, reaching heights not seen since early 2022. This surge is largely due to Wall Street’s race […]
