The Securities and Exchange Commission’s (SEC) recent approval of spot Bitcoin Exchange Traded Funds (ETFs) has opened up the possibility of acceptance for other types of crypto funds. Asset managers who have been granted permission to launch Bitcoin ETFs are already proposing spot Ether funds. However, the next potential frontier for crypto ETFs could be […]
Dogecoin is experiencing another surge, largely due to an announcement from social media platform X, previously known as Twitter. The platform has revealed its plans to implement a long-awaited payments system, which is expected to significantly impact Dogecoin’s price. The new system is set to go live in 2024.In a post by X Business, the […]
The United States Securities and Exchange Commission (SEC) has approved the listing and trading of 11 spot Bitcoin (BTC) Exchange-Traded Funds (ETFs). This decision, which narrowly avoided rejection, was supported by SEC Gary Gensler but opposed by Democratic-affiliated commissioners Caroline Crenshaw and Jaime Lizárraga. Following the announcement, Bitcoin’s price briefly surged above $47.7k, but has […]
In a significant development, the United States Securities and Exchange Commission (SEC) has approved Bitcoin Spot Exchange-Traded Funds (ETFs). The majority of SEC officials voted in favor of the approval, marking a pivotal moment in the crypto space.The approval came on Wednesday, January 10, following a voting exercise by the SEC commissioners on the applications […]
The Securities and Exchange Commission (SEC) has set deadlines for several applicants to receive a decision on their Ether ETF proposals. The competition among established financial giants like VanEck, ARK 21Shares, Hashdex, Grayscale, Invesco, Fidelity, and BlackRock underscores the growing demand for Ether ETFs and their potential impact on the cryptocurrency market.Ethereum ETFs are poised […]
The United States has witnessed the commencement of trading for its first-ever spot Bitcoin exchange-traded fund (ETF), a day following its approval by the Securities and Exchange Commission (SEC). BlackRock’s iShares Bitcoin Trust, bearing the ticker symbol IBIT, initiated trading in the pre-market and has seen a rise of 22.25%, trading at $26.81. The iShares […]
Bitcoin and several other large-cap cryptocurrencies have experienced a rally following the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. Despite the hype and enthusiasm surrounding the ETF approval, Bitcoin’s price performance was relatively flat, with a modest gain of 1.35%, trading at $46,258.Some analysts had predicted that the ETF approval could […]
The crypto community is abuzz with speculation about the potential approval of spot Ethereum (ETH) exchange-traded fund (ETF) applications in May 2024. This comes in the wake of the US Securities and Exchange Commission’s (SEC) decision to greenlight the trading of spot Bitcoin ETFs, a move that has been seen as highly beneficial for Ethereum.Following […]
Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has shown remarkable resilience amidst recent market turbulence, with a 6% price surge hinting at potential future gains. Market analysts have observed similarities in Cardano’s recent price patterns to those from 2018-2020, suggesting a period of consolidation until April, followed by a possible bullish trend.An unusual resemblance […]
The world of digital assets has taken a significant leap with the recent approval of spot Bitcoin ETFs, triggering intriguing market dynamics. Trading for these ETFs was given the green light as of Jan. 10, and they are set to commence at 2:30 pm GMT on Jan. 11.One ETF that has caught the market’s attention […]
