Ethereum, the second-largest cryptocurrency by market capitalization, is facing scaling issues as the network becomes more expensive and crowded. To address this, Ethereum co-founder and crypto billionaire, Vitalik Buterin, has suggested a “modest” increase in the gas cap to potentially enhance the network’s throughput.The gas limit refers to the maximum amount of gas that can […]
Hamza Lemssouguer, a former star trader at Credit Suisse, has achieved impressive success with his hedge fund, Arini, last year, leaving most competitors far behind. This is despite his involvement with Signa Development, a unit of the insolvent real estate firm Signa Holding, owned by Austrian investor René Benko.Lemssouguer’s hedge fund is part of an […]
The United States Securities and Exchange Commission (SEC) has recently approved the country’s first spot Bitcoin exchange-traded funds (ETF), a decision that has sparked anticipation and curiosity in both traditional finance (TradFi) and decentralized finance (DeFi) spaces. This decision is expected to have significant effects on the markets and on Bitcoin itself.Meanwhile, in Europe, the […]
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 […]
James Seyffart, a research analyst at Bloomberg Intelligence, has expressed skepticism about the likelihood of a spot XRP ETF launching in the United States in 2024. The ongoing lawsuit between Ripple and the US Securities and Exchange Commission (SEC), as well as the lack of regulatory frameworks for XRP, are key factors contributing to this […]
Bitcoin, priced at $46,288, failed to break out of its established range on the day the United States approved its first spot Bitcoin exchange-traded fund (ETF). Despite the price targets for the day focusing on $48,000, Bitcoin remained below this figure. However, exchange statistics reveal that traders and miners were not taking any chances.According to […]
The Securities and Exchange Commission (SEC) has made a landmark decision by approving the listing and trading of Bitcoin spot exchange-traded products (ETPs) and designating Bitcoin and Ripple’s XRP as commodities. This significant regulatory milestone could potentially lead to unprecedented market highs for these digital assets.The SEC’s change in stance comes after it previously rejected […]
The decline of Credit Suisse last year has significantly altered the Swiss banking industry, particularly in the corporate customer business where substantial adjustments are anticipated, according to the latest EY Banking Barometer.The restructuring of the Swiss banking landscape following the takeover of Credit Suisse by UBS is expected to have long-term effects. The EY Banking […]
BlackRock, the world’s largest asset manager, along with 13 other institutional giants, has received approval from the United States Securities and Exchange Commission (SEC) to launch the first spot Bitcoin exchange-traded funds (ETF) in the United States. The launch took place on January 10, marking BlackRock’s entry into the spot Bitcoin ETF race. This move […]
