The crypto market is experiencing a bull run, with nearly every asset’s price increasing. Despite the euphoria, rising prices are not a sure sign of mass adoption. The market’s longevity depends on the demand for goods and services, and the connection between tangible goods and crypto’s intangible offerings is crucial to sustain the current bull […]
The crypto market experienced a whirlwind of events on Tuesday when a tweet from the United States Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account claimed that all Spot Bitcoin ETF applications had been approved. This news initially led to a surge in Bitcoin’s price, but the excitement was short-lived as the price […]
Steven McClurg, the Chief Investment Officer of Valkyrie Funds, has suggested that exchange-traded funds (ETFs) for XRP and Ethereum could be on the horizon. This follows the recent developments surrounding Bitcoin spot ETFs and their potential approval. McClurg expressed his belief in a Bloomberg interview that we might see ETFs for Ripple and Ethereum, especially […]
Blackrock, a major player in the financial sector, has made a significant move in its fee structure for its proposed spot Bitcoin ETF. The company has reduced its ongoing fee to a mere 0.25%, with a promotional offer of 0.12% for the first $5 billion in assets, or for the first twelve months. This change […]
Following the likely approval of Bitcoin Spot ETFs, Ripple and Ethereum Spot ETFs could also come to market, according to Valkyrie Funds CIO. XRP, the digital asset of Ripple, is the only one with regulatory clarity from US courts, and its relisting by major exchanges is a significant step. The Ethereum price rallied with the […]
The market reacted with a sell-the-news response following the false news of a spot Bitcoin BTC exchange-traded fund (ETF) approval on January 9. The United States Securities and Exchange Commission’s (SEC) official X account, formerly known as Twitter, was hacked and published a fake news post stating that the regulator had granted multiple Bitcoin ETF […]
XRP, the digital currency, is currently grappling with recovery challenges following a recent market downturn. Despite a modest uptick of 1.40% in the past 24 hours, the cryptocurrency is yet to fully offset the repercussions of a steep drop on January 3rd, when it descended to $0.50, marking its lowest point in nearly three months. […]
Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the delisting of nine spot trading pairs from its platform. The pairs include LTC/UAH, FLOKI/TUSD, COS/BNB, COTI/BNB, MULTI/BTC, among others. The decision, which will take effect on January 12, is part of the company’s routine reviews aimed at maintaining a high-quality trading market and […]
The approval of spot Bitcoin ETFs by the SEC is anticipated by many experts, with the expectation that it could happen any day now. This follows the SEC’s final comments to applicants and the swift responses from asset managers. However, the impact of this approval on Bitcoin prices remains a topic of debate, with some […]
Shiba Inu’s lead developer, Shytoshi Kusama, has hinted at significant progress in the project’s ambitions. Kusama’s statements, shared on X (formerly Twitter), provide insights into the strategic direction of Shiba Inu and its integration with broader internet infrastructure.Alluding to the fake spot Bitcoin ETF approval news, Kusama stated, “Hey, SHIBARMY! While everyone is focused on […]
