The United States Securities and Exchange Commission (SEC) recently gave the green light to several fund managers to list spot Bitcoin exchange-traded funds (ETFs). Despite this landmark approval, SEC Commissioner Mark Uyeda expressed “strong concerns” about three aspects of the approval order.Although Uyeda voted in favor of the Bitcoin ETF applications, he criticized the Commission’s […]
The recent approval by the Securities and Exchange Commission (SEC) has sparked a surge in Ethereum and various altcoins, overshadowing the modest gains of Bitcoin. Altcoins such as ETC, Arbitrum, and Mantle have seen increases of 30%, 20%, and 20% respectively, while Bitcoin has only seen a modest increase of $500. Trading and money inflows […]
U.S. financial giant, J.P. Morgan Asset Management (J.P. Morgan AM), has appointed a former UBS and HSBC banker, Laura Geiger-Pancera, as the new head of its asset management in Switzerland. She replaces Claude Kurzo, who was called to higher duties in London last year.From Zurich, Geiger-Pancera will report to Christoph Bergweiler, Head of Fund Continental […]
In a historic move, the US Securities and Exchange Commission (SEC) has approved spot Bitcoin ETFs, marking a significant moment in the financial world. This approval allows investors to directly participate in the cryptocurrency market through exchange-traded funds, providing a more regulated and accessible avenue for BTC investment. The decision has led to a surge […]
Spot Bitcoin exchange-traded funds are set to begin trading following official approval, marking a significant moment for the crypto industry. The focus now shifts to the next major narrative — Ethereum restaking.CoinGecko, a crypto market analytics platform, has introduced a new category for restaking tokens. This has led analysts to predict that this could be […]
NuggetRush (NUGX) is making waves in the altcoin investment scene with its integration of GameFi and Impact Gaming principles. As one of the latest crypto ICOs, it aims to follow Bitcoin’s success. Despite being new, NuggetRush has generated significant enthusiasm among crypto fans and investors. It stands out by incorporating two major crypto trends as […]
In the aftermath of the CS collapse, it’s not ZKB, Vontobel, or Benko-Bär that are reaping the most benefits, but EFG. The private bank, with Boris Collardi as a shareholder and board member, is scooping up as many executives and advisors from the fallen Paradeplatz power as it can.Manuel Blanco, a seasoned private banker with […]
The crypto industry has recently celebrated the approval of spot Bitcoin ETFs in the United States. However, this decision by the Securities and Exchange Commission (SEC) has not been universally welcomed.SEC Commissioner Caroline Crenshaw, who was one of two commissioners to vote against the approval, expressed her concerns in a statement on January 10. She […]
Pharmaceutical giants Eli Lilly and Novo Nordisk have seen their value more than triple in less than three years. Their combined corporate value, which consists of market capitalization plus net debt, was around $360 billion at the height of the COVID-19 pandemic in February 2021. It has since grown to a trillion dollars.The rapid rise […]
In a surprising turn of events, Ethereum has overtaken Bitcoin in derivatives trading volume. This shift in market dynamics was observed as options traders scaled back in the Bitcoin market, while Ethereum saw a rise in open interest. This change in trader behavior followed a spoof by the SEC that sent the crypto markets into […]
