Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market. Despite this, all these assets continue to demonstrate stable performance. In other news, Pushd (PUSHD) has embarked on a new phase of […]
Renowned Bloomberg ETF analyst Eric Balchunas has reduced the likelihood of the US Securities and Exchange Commission (SEC) rejecting the launch of the Bitcoin spot ETF to a mere 5%. This updated prediction comes as crypto enthusiasts globally await the SEC’s broad approval of several Bitcoin spot ETF proposals on Wednesday, January 10.In October, Eric […]
BlackRock, the world’s largest asset manager, is reportedly preparing to cut its global workforce in the coming days. This decision comes as the firm anticipates positive news from the US Securities and Exchange Commission (SEC) regarding its Bitcoin spot exchange-traded fund (ETF). BlackRock is one of many asset management firms aiming to offer a spot […]
The high price of a single Bitcoin, currently valued at $43,973, is discouraging potential investors who are reluctant to purchase only a fraction of the cryptocurrency. This is due to unit bias psychology, which favors owning complete units, as explained by VanEck advisor Gabor Gurbacs. He proposes that Bitcoin exchange-traded funds (ETFs) could be a […]
The TIA token, a product of Celestia, has recently seen a significant 22% increase in value within a 24-hour period. This surge in value is particularly noteworthy in a market that has been relatively stable in terms of fluctuations. The growth of TIA is attributed to the rising interest in TIA’s staking and the innovative […]
BlackRock, the world’s largest asset manager, is set to reduce its global workforce by approximately 3% this week. This decision is in anticipation of positive news from the United States Securities and Exchange Commission (SEC) concerning its spot Bitcoin exchange-traded fund (ETF). As per sources, around 600 employees will be let go as part of […]
Better Markets, a non-profit, non-partisan organization, has taken a firm stance against Bitcoin Exchange Traded Funds (ETFs). The organization, known for advocating strict financial regulations, has sent a letter to the Securities and Exchange Commission (SEC) expressing their concerns about the potential risks these financial products could pose to U.S. investors and retirees.Dennis M. Kelleher, […]
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. Balchunas has revealed that the SEC is currently providing final comments to issuers on their applications, with many applicants such as Fidelity, BlackRock, and […]
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. This development could potentially trigger a significant surge in the cryptocurrency market, with Bitcoin leading the charge.As Balchunas reveals, the SEC is currently providing […]
The crypto market is currently on edge as investors and analysts speculate about the future of cash Bitcoin ETFs in the U.S. The potential approval by the SEC could mark a new chapter in the history of cryptocurrencies, presenting new opportunities and challenges.According to Eric Balchunas, a senior ETF analyst at Bloomberg, we are closer […]
