BlackRock’s Larry Fink Envisions Potential for Ethereum Spot ETF.
Recently, the company’s spot Bitcoin ETF (IBIT) had a successful debut trading day.BlackRock, applied to the SEC for a spot Ethereum ETF in November of last year.Larry Fink, CEO of…
U.S SEC Chair Gary Gensler Speaks Up on Spot Bitcoin ETF Decision
Explaining the SEC’s stance change on bitcoin ETFs was a tough assignment for Gensler. Things “have changed,” he said, during an interview with CNBC.Commenting on the reasons for the SEC’s…
Senator Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs
She stresses that the crypto industry must adhere to fundamental AML regulations. The senator has been pushing her Digital Asset Anti-Money Laundering Act.A member of the Senate Banking Committee and…
U.S. Inflation Hits 3.4% in December 2023, Sparks Rate Cut Speculation.
Clues about the Fed’s impending interest rate decision may be found in today’s CPI statistics.Keeping mostly in line with market estimates, inflation rose 0.3% in December.U.S. inflation increased to 3.4%…
Coinbase and Yellow Card Join Forces for Crypto Expansion in Africa.
Coinbase will integrate Yellow Card’s payment rails in Africa.The crypto exchange said that Africa is “by far” the youngest continent.Coinbase has teamed up with Africa’s Yellow Card to launch its…
Bitcoin Blasts Over $49,000 As ETFs Gather $1.7 Billion In Volume After Launch
Much of the latest trading volume is likely inflows, though analysts say Grayscale’s Bitcoin Trust (GBTC) may be witnessing significant outflows.Bitcoin (BTC) ripped to another multi-year high of $49,000 on…
Spot Bitcoin ETFs Approval Ignites Ethereum and Altcoin Rally.
The price of Ethereum (ETH) skyrocketed beyond $2,600 levels post the approval.The SEC will begin making judgments on spot applications for an Ethereum ETF in May. A historic decision has…
XRP Critically Challenged as Value Declines, Hoping on Bitcoin ETF Approval for Recovery.
XRP’s value has recently fallen by 10.83% in the last 30 days, reaching $0.5553.The coin’s recovery is closely tied to Bitcoin’s fate, particularly the potential approval of a spot Bitcoin…
Ethereum Whale Scoops Up $11 Million ETH As Price Surge Past $2,400.
A mysterious whale recently acquired 4,677 Ethereum valued at $11 million.The whale swapped 241 WBTC borrowed from Aave for Ethereum.Ethereum has been outperforming Bitcoin, experiencing an 8% surge in the…
SEC Approves Bitcoin ETFs: What’s Next for BTC and Crypto?
SEC Approves BTC ETFs:SEC approves first U.S. spot Bitcoin ETFs after a decade-long effort. Trading is set to begin with major exchanges and liquidity support. In a landmark decision, the…