SEC’s Bitcoin, Ripple Classification May Propel Trillion-Dollar Valuations

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 […]

Bitcoin ETF Approval Fuels Optimism for Ethereum’s Spot ETF Prospects

The cryptocurrency landscape is abuzz following the recent approval of 11 spot Bitcoin ETFs on January 10, 2024. This development has sparked anticipation for a likely approval of Ethereum’s spot ETFs later this year. Analysts, including Bloomberg ETF analyst Eric Balchunas, are optimistic about Ethereum’s prospects, estimating a 70% likelihood of approval by May.Bitcoin ETFs […]

Spot Bitcoin ETFs Approval Could Trigger Volatile Price Movements

The crypto space marked a historic moment with the approval of 11 spot Bitcoin Exchange-Traded Funds (ETFs), a development eagerly anticipated since the Winklevoss twins filed for the first proposed Bitcoin ETF back on July 1, 2013. This event coincides with the 15th anniversary of Hal Finney’s tweet “Running Bitcoin,” marking a symbolic milestone in […]

Ethereum Eyes $3,000 Amid Dencun Upgrade and Lower Transaction Costs

The Ethereum Dencun network upgrade is set to be activated on the Goerli testnet on January 17. This upgrade is significant for the Ethereum chain, marking one of the most crucial developments since the Merge. The Dencun upgrade is known for the introduction of data blobs through the EIP-4844 or the protodanksharding upgrade.Ethereum Improvement Proposals […]

Ethereum Surges as SEC Approval and BlackRock’s ETF Filing Boost Confidence

The recent approval by the Securities and Exchange Commission (SEC) has sparked a surge in Ethereum and various altcoins, overshadowing the modest gains of Bitcoin. Altcoins such as ETC, Arbitrum, and Mantle have seen increases of 30%, 20%, and 20% respectively, while Bitcoin has only seen a modest increase of $500. Trading and money inflows […]

Daniela: Experienced Cryptocurrency Journalist at Bankless Times

Daniela is a seasoned writer with a focus on the financial sector. She currently lends her expertise to Bankless Times, where she covers the latest developments in the cryptocurrency market and the blockchain industry.With a writing career spanning over 15 years, Daniela has amassed a wealth of experience. Her skills extend to ghostwriting, and she […]

Key Developments Set to Propel Cryptocurrency into Mainstream Finance

The crypto scene is once again taking center stage with a series of developments set to propel the technology into the mainstream. Despite previous concerns over safety and online scams, the landscape is about to undergo a significant transformation.One of the key developments is the approval of the Bitcoin ETF. This allows individuals to transact […]

Spot Bitcoin ETFs Approved, Ushering New Era in US Cryptocurrency Market

Spot Bitcoin ETFs have finally gained approval in the United States after ten years of relentless efforts. This significant development paves the way for their introduction on major U.S. markets such as NYSE, Cboe Global Markets, and Nasdaq. The excitement is heightened by the involvement of major trading firms committed to providing liquidity. Trading is […]

Crypto Mom Criticizes SEC’s Treatment of Bitcoin ETPs, Crenshaw Disagrees

Hester Peirce, affectionately known as ‘crypto mom,’ has voiced her strong opinions following the approval of spot Bitcoin exchange-traded products by her agency, after a decade of rejections. “Today marks the end of an unnecessary, but consequential, saga,” she stated on January 10. Peirce suggested that the saga could have extended beyond a decade if […]

Ethereum Restaking Emerges as Fastest-Growing Crypto Category in 2024

Spot Bitcoin exchange-traded funds are set to begin trading following official approval, marking a significant moment for the crypto industry. The focus now shifts to the next major narrative — Ethereum restaking.CoinGecko, a crypto market analytics platform, has introduced a new category for restaking tokens. This has led analysts to predict that this could be […]