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 […]
Ethereum co-founder Vitalik Buterin has proposed a “modest” increase in the gas limit to potentially enhance the network’s throughput. During a Reddit ask-me-anything (AMA) session hosted by the Ethereum Foundation’s research team on January 10, Buterin pointed out that the gas limit has remained unchanged for nearly three years, marking the longest duration in the […]
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 […]
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 […]
