In a significant development that is set to redefine the cryptocurrency investment landscape, the United States Securities and Exchange Commission (SEC) has approved spot Bitcoin ETFs applications from the world’s largest asset managers. This decision comes after months of anticipation and careful evaluation by the SEC, marking a crucial milestone for the cryptocurrency industry.The approval […]
Asia is leading the way in global wealth shift, with a forecasted growth in financial assets in the coming years. HSBC predicts that by 2025, Asia excluding Japan will surpass the US in financial wealth. The number of Asian millionaires outside Japan and China is expected to more than double by 2030. In India, the […]
Crypto analyst Crypto Egrag has made a bullish prediction about the future of the XRP price, suggesting that the cryptocurrency could soon rise to three figures. He has identified several key price levels that XRP could reach on its journey to hitting $220, including $1.2, $2.2, $5.8, $11, and $33.According to Egrag’s analysis of the […]
In the latest edition of Prime Invest in 2023, BKB Investment Chief Sandro Merino addresses several questions from listeners:1. How will the Euro develop against the Swiss Franc in the coming year?2. What impact would a Chinese invasion in Taiwan have on the markets?3. What does an investment chief do all day?4. How important is […]
In a significant development, Fidelity Investments, a renowned stock brokerage service, has listed several proposed Bitcoin exchange-traded funds (ETFs) on its web app. The listed ETFs include the ARK 21Shares Bitcoin ETF (ARKB), Vaneck Bitcoin Trust ETF (HODL), Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), and Wisdom Tree Bitcoin ETF (BTCW).However, as of […]
Georgia Representative Mike Collins has disclosed the purchase of up to $65,000 worth of Ether (ETH) in 2024, according to documents filed with the U.S. House of Representatives. The filings, dated January 9, reveal that Collins bought up to $15,000 worth of ETH on January 3 and an additional $50,000 on January 8. This is […]
Shytoshi Kusama, the lead developer of Shiba Inu, recently unveiled substantial development plans for the meme coin, injecting a wave of optimism into the broader cryptocurrency market. The Shiba Inu community is at the forefront of these initiatives, working on curating a “network state” to revolutionize support for both Web2 and Web3 collectively. This strategic […]
Steve McClurg, co-founder and chief investment officer of Valkyrie Funds, has hinted at the potential approval of Ethereum or XRP exchange-traded funds (ETFs) following the anticipated launch of spot Bitcoin ETFs. This prediction is based on the U.S. Securities and Exchange Commission’s (SEC) likely approval of Valkyrie’s Bitcoin ETF, with trading expected to start as […]
Bitcoin is currently trading above $46k, with market experts predicting a further increase if the US SEC approves a spot Bitcoin ETF. This approval could potentially cause Bitcoin’s price to soar even higher. At the time of writing, Bitcoin’s price stands at $46,239, marking an increase of over 1% in the last 24 hours.As the […]
Ethereum has long been the preferred layer-1 for decentralized finance (DeFi), despite its issues with network congestion, security vulnerabilities, and the transition to proof-of-stake (PoS). Other layer-1 alternatives like Solana, Algorand, and Tron have not been able to surpass Ethereum’s dominance in DeFi. However, the changing regulatory landscape in the US is causing projects to […]
