The U.S. Securities and Exchange Commission (SEC) has yet to approve Bitcoin Spot Exchange-Traded Funds (ETFs). However, it is already clear that providers will competitively price their products. The expected fees have been disclosed by the companies intending to offer these ETFs, even before the SEC’s decision.According to an overview compiled by Reuters, the average […]
Ethereum (ETH) is at a crucial point, with crypto analyst Michaël van de Poppe predicting a potential bullish breakout. Van de Poppe suggests that Ethereum is nearing its 2022 low and is likely to absorb liquidity at this level. He believes that if a spot ETF for Bitcoin (BTC) is approved, there could be a […]
Bill Hwang, the founder of the now-defunct financial firm Archegos, has leveled serious allegations against the prosecuting attorney’s office. The accusations revolve around the trading data of the company, which spectacularly collapsed in 2021, causing the major bank Credit Suisse to lose several billion and a lot of trust.The double scandal involving Archegos Capital Management […]
Bitcoin and other major cryptocurrencies such as ethereum, XRP, and solana have seen significant growth in recent months, with the market preparing for a potential $17 trillion shakeup. The bitcoin price has increased nearly 200% over the past year, reaching heights not seen since early 2022. This surge is largely due to Wall Street’s race […]
Bitcoin BTC, currently valued at $46,687, is experiencing turbulence as asset managers rush to file last-minute S-1 updates for their spot Bitcoin exchange-traded funds (ETF). On Jan. 9, Bitcoin’s value briefly dipped 3% on Binance, with the BTC price falling from $47,000 to $45,600 in a span of five minutes, as per data from TradingView. […]
The cryptocurrency market is experiencing a surge, with meme coin Bonk (BONK) leading the way with a 30% price increase. This sudden rise in value has brought its market cap back over $800 million. The surge seems to be driven more by investor hype and buzz rather than any significant fundamental developments. Despite its impressive […]
Geoff Kendrick, the Head of FX Research at Standard Chartered, has provided a bullish forecast for Bitcoin, indicating that the approval of Bitcoin spot exchange-traded funds (ETFs) could drive the leading cryptocurrency to new heights. Kendrick’s Monday note expressed confidence that such regulatory approval could trigger a significant surge, with Bitcoin’s value potentially increasing by […]
Industry giant Blackstone has raised $1.3 billion for a new private equity fund aimed at wealthy private clients. This move represents a strategic shift, furthering the democratization of private market offerings.In a notable move, the American private equity titan Blackstone, a heavyweight in the industry, has for the first time launched a fund for the […]
The Blockchain Association, a leading nonprofit organization advocating for the digital asset economy, has responded to Senator Elizabeth Warren’s concerns about government-related hires in the crypto industry. Kristin Smith, the CEO of the Blockchain Association, penned an open letter to Sen. Warren on January 9, inviting her to work together on issues such as the […]
Binance, the world’s leading cryptocurrency exchange by trading volume, has published its 12th audit of reserves. The report, conducted on January 01, reveals that all coins held by customers on the exchange are 100% backed. The reserves include 597,658.074 Bitcoins (BTC), 4,265,238.882 Ethereum (ETH), nearly 32 million BNB, and USDT stablecoins amounting to 16.85 billion, […]
