Max Keiser, a well-known Bitcoin advocate, has made a bold prediction about the future of Solana (SOL), a competitor to Ethereum (ETH). Keiser believes that SOL is on the brink of a significant crash, with its value potentially plummeting to $20. This would represent a drop of over 80% from its current price.Keiser’s forecast for […]
In a recent development in the cryptocurrency world, Ethereum staking has seen a significant increase in the exit queue. This surge has reached a record high, primarily driven by the unlocking of Celsius. The impact of this trend is quite noticeable, as it has led to a substantial increase in the wait time for unstaking.Previously, […]
In a significant move, VanEck, a major player in the financial sector, has committed to donate 5% of its profits from its Exchange-Traded Fund (ETF) to Bitcoin Core developers. This commitment is not a short-term gesture, but a pledge that will span a decade.This decision by VanEck is indicative of a broader trend within the […]
The Bitcoin price has experienced a surge in volatility due to the pending decision on the spot Exchange Traded Fund (ETF). Market participants are eagerly awaiting an announcement, which is expected to cause further volatility spikes. Currently, Bitcoin is trading at $43,900, recording a 1% profit over the last 24 hours and a 3% increase […]
The Securities and Exchange Commission (SEC) appears to be showing a growing acceptance of Ethereum spot ETFs, according to Bloomberg ETF analyst James Seyffart. This comes after the SEC approved multiple Bitcoin futures ETFs and is expected to approve Bitcoin spot ETFs in the near future.In August, the SEC gave the green light to several […]
The U.S. Securities and Exchange Commission (SEC) is nearing the potential approval of several spot Bitcoin ETFs, as major financial institutions have been actively involved in the process. The market is eagerly awaiting amendments to 19b-4 filings, which are crucial for approval. These amendments will address issues related to cash creation and redemption mechanisms, an […]
Swiss banking giant UBS is making significant moves to strengthen its position in the Middle East. The bank has appointed a new management team for its investment banking division in the region, signaling its ambitions for expansion. Additionally, UBS has hired a veteran from Deutsche Bank for its wealth management division, further indicating its commitment […]
Swiss banking giant UBS is making significant moves to strengthen its position in the Middle East. The bank has appointed a new management team for its investment banking division in the region, signaling its ambitions for expansion. Additionally, UBS has hired a veteran from Deutsche Bank for its wealth management division, further indicating its commitment […]
A recent survey conducted by ETF issuer Bitwise reveals that only 39% of U.S.-based financial advisers believe that a spot Bitcoin exchange-traded fund (ETF) will be approved this year. The survey, which included participants such as registered investment advisers, financial planners, institutional investors, and wirehouse representatives, asked several questions regarding the approval timeline for a […]
The fundraising of US venture capital firms has fallen to its lowest level in six years, putting pressure on start-ups. American venture capital firms raised $67 billion last year, the lowest annual value since 2017. This represents a 60% decline from the record $173 billion raised in 2022, according to an analysis by private market […]
