Crypto analyst Crypto Egrag has made a bullish prediction about the future of the XRP price, suggesting that the cryptocurrency could soon rise to three figures. He has identified several key price levels that XRP could reach on its journey to hitting $220, including $1.2, $2.2, $5.8, $11, and $33.According to Egrag’s analysis of the […]
In a significant development, Fidelity Investments, a renowned stock brokerage service, has listed several proposed Bitcoin exchange-traded funds (ETFs) on its web app. The listed ETFs include the ARK 21Shares Bitcoin ETF (ARKB), Vaneck Bitcoin Trust ETF (HODL), Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), and Wisdom Tree Bitcoin ETF (BTCW).However, as of […]
Georgia Representative Mike Collins has disclosed the purchase of up to $65,000 worth of Ether (ETH) in 2024, according to documents filed with the U.S. House of Representatives. The filings, dated January 9, reveal that Collins bought up to $15,000 worth of ETH on January 3 and an additional $50,000 on January 8. This is […]
The Chicago Board Options Exchange (CBOE) has released notifications confirming the commencement of trading for several eagerly awaited Bitcoin spot Exchange Traded Products (ETPs) at 9:30 am ET on Thursday. The confirmed ETPs include the VanEck Bitcoin Trust (HODL), the Fidelity Wise Origin Bitcoin Fund (FBTC), and the ARK 21Shares Bitcoin ETF (ARKB), as stated […]
The United States Securities and Exchange Commission (SEC) is on the verge of approving Bitcoin BTC exchange-traded funds (ETFs), a development eagerly awaited by both news media and traders. Bloomberg senior ETF analyst Eric Balchunas expressed his anticipation with a post on X (formerly Twitter) in the early hours of Jan. 10, stating, “Happy ETF […]
Bloomberg Terminal has listed all eleven spot Bitcoin exchange-traded funds (ETF) following their appearance on brokerage platforms, indicating an imminent SEC approval. Bloomberg ETF analyst Eric Balchunas broke the news of the listing and anticipates the regulator will officially announce the approval within a few hours, between 4 pm to 6 pm Eastern time. These […]
In a historic move, 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. This decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors.Following a vote that ended on January 9, which was overwhelmingly supported by the 1inch community, holders decided to […]
Asset management companies are gearing up to introduce spot Bitcoin and crypto Exchange-Traded Funds (ETFs) in Hong Kong, according to Livio Weng, the Chief Operating Officer (COO) of HashKey Group. In an interview with Chinese local media outlet Caixin, Weng revealed that seven to eight of these companies are in the advanced stages of launching […]
Steve McClurg, co-founder and chief investment officer of Valkyrie Funds, has hinted at the potential approval of Ethereum or XRP exchange-traded funds (ETFs) following the anticipated launch of spot Bitcoin ETFs. This prediction is based on the U.S. Securities and Exchange Commission’s (SEC) likely approval of Valkyrie’s Bitcoin ETF, with trading expected to start as […]
Senator Elizabeth Warren has accused the Blockchain Association and other industry groups of undermining Congressional efforts to address the alleged role of cryptocurrency in terrorist financing. The senator alleges that these groups are hiring former defense and law enforcement officials to fight against these efforts. The Blockchain Association has responded to these accusations, stating that […]
