The final preparations for the launch of a spot Bitcoin exchange-traded fund (ETF) on Wall Street are underway, with asset managers expected to submit their final revisions by the morning of Jan. 8, says Bloomberg analyst Eric Balchunas. These revisions, to be submitted through S-1 filings no later than 8:00 a.m. Eastern Time, or 13:00 […]
Bitcoin developer Luke Dashjr has been unsuccessful in rallying support for a proposed “bug fix” to the Bitcoin code that would halt Ordinals and Inscriptions on the blockchain. Dashjr’s proposal was aimed at addressing the congestion caused by Ordinals and BRC-20 tokens on the Bitcoin network. However, the Bitcoin community has been divided on the […]
Renowned crypto analyst CrediBULL Crypto has made a bold prediction about the potential price surge of Ethereum (CRYPTO: ETH) in 2024. In a recent post, the analyst suggested that Ethereum could reach five figures in the coming year, with a minimum price target of $10,000. This would represent a potential gain exceeding 343% from its […]
Ethereum’s (ETH) development and scaling narratives may be too complex for average developers and entrepreneurs, yet they are “intellectually satisfying” for researchers and architects, according to Alliance DAO’s Qiao Wang. In contrast, Solana (SOL) has clear goals that may seem less confusing.Wang, who has 133,000 followers on X, criticized the “ETH marketing department” for constantly […]
In a significant development in the crypto market, Grayscale, a leading player in crypto-based OTC investment products, has made strategic changes to its portfolio. The return of XRP to the limelight is causing a stir in the market. In the latest quarter, Grayscale Digital Large Cap Fund has added $AVAX and $XRP, while $MATIC has […]
Matthew Sigel, the Head of Research at VanEck, has hinted that BlackRock’s Spot Bitcoin ETF could see a record-breaking amount of inflows upon its launch. This comes as an approval order by the Securities and Exchange Commission (SEC) appears to be imminent.Sigel, speaking on an X (formerly Twitter) space hosted by The Block, mentioned that […]
Just 39% of financial advisors believe that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin ETF this year, according to a recent survey. This skepticism is largely due to the SEC’s historically cautious approach to cryptocurrency-related matters.The survey, conducted by Bitwise and VettaFi, revealed a pessimistic outlook among financial advisors regarding […]
Ethereum whales, individuals or entities holding a significant amount of the digital asset, are making substantial purchases in anticipation of a potential price surge. On-chain data from the past week reveals several wallets capitalizing on price volatility to buy Ethereum.A notable Ethereum whale, known as ‘0x9314’, spent $48 million to buy 21,192 ETH at an […]
Cardano (ADA) has significantly outpaced Ethereum (ETH) in terms of average daily developer activity on GitHub over the past month, according to the latest findings from CryptoDiffer. The data shows that Cardano has surged ahead with a remarkable 245% lead over Ethereum in this crucial metric. The average daily GitHub commit size for Cardano stands […]
As Bitcoin (BTC) spot ETF approvals appear imminent, applicants are vying to attract investor interest and capital before their rivals. Several billion-dollar asset managers, including VanEck, HashDex, and Bitwise, are promoting commercials to entice customers to invest in Bitcoin.Bitwise was among the first to launch a significant ad campaign, hiring Jonathan Goldsmith, known for his […]
