Big news on the crypto horizon: Ethereum could be next in line for an ETF spotlight! With Bitcoin ETFs already making waves, the anticipation around an Ethereum ETF is buzzing through the finance world. Will the SEC give the green light? Let’s dive into the possibilities and what this could mean for Ethereum’s future.ETHEREUM ETF: […]
The United States Securities and Exchange Commission (SEC) has approved the listing and trading of 11 spot Bitcoin (BTC) Exchange-Traded Funds (ETFs). This decision, which narrowly avoided rejection, was supported by SEC Gary Gensler but opposed by Democratic-affiliated commissioners Caroline Crenshaw and Jaime Lizárraga. Following the announcement, Bitcoin’s price briefly surged above $47.7k, but has […]
In a significant development, the United States Securities and Exchange Commission (SEC) has approved Bitcoin Spot Exchange-Traded Funds (ETFs). The majority of SEC officials voted in favor of the approval, marking a pivotal moment in the crypto space.The approval came on Wednesday, January 10, following a voting exercise by the SEC commissioners on the applications […]
Ethereum co-founder Vitalik Buterin has proposed a “modest” increase in the gas limit to improve the throughput of the Ethereum network. This suggestion was made during a Reddit ask-me-anything (AMA) session hosted by the Ethereum Foundation’s research team. Buterin pointed out that the gas limit has remained unchanged for nearly three years, the longest period […]
The Securities and Exchange Commission (SEC) has set deadlines for several applicants to receive a decision on their Ether ETF proposals. The competition among established financial giants like VanEck, ARK 21Shares, Hashdex, Grayscale, Invesco, Fidelity, and BlackRock underscores the growing demand for Ether ETFs and their potential impact on the cryptocurrency market.Ethereum ETFs are poised […]
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 […]
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 […]
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 […]
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 […]
The decline of Credit Suisse last year has significantly altered the Swiss banking industry, particularly in the corporate customer business where substantial adjustments are anticipated, according to the latest EY Banking Barometer.The restructuring of the Swiss banking landscape following the takeover of Credit Suisse by UBS is expected to have long-term effects. The EY Banking […]
