USDC Stablecoin Issuer Circle Files for Initial Public Offering (IPO).
Circle has not yet revealed the exact amount of shares it intends to sell or the estimated price. Following Circle’s failed 2022 effort to go public via a SPAC, this…
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…
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…
Bitcoin Open Interest on CME Group Hits Record Levels Surge
BTC Futures OI has surged significantly on several other large exchanges in the last day.Bitcoin futures open interest (OI) has reached a staggering 437,79K BTC, or $20.43 billion.The overall Open…
Ethereum (ETH) Resumes Bullish Momentum, Surges Past $2300.
At the time of writing, ETH is trading at $2308, up 2.54% in the last 24 hours. If the price manages to climb over $2359 then it will rally further…
Crypto Market Sees Largest Liquidations Since August 2023 as BTC ETF Approval Looms.
The event was triggered by a report from crypto-financial service platform Matrixport, which suggested that the SEC may deny or delay the spot Bitcoin ETF applications.The crypto market witnessed one…
BTC Made a New High in 2024. Has The Bitcoin Bull Run Started?
Bitcoin trading volume has seen a staggering 100% increase in the past 24 hours.Bloomberg Analysts predict a 95% likelihood of Bitcoin ETF approval. Bitcoin soared past $45,000, reaching heights of…
Japanese E-commerce Giant Mercari Embraces Bitcoin Payments.
Melcoin is in charge of processing all Bitcoin payments into JPY.Mercari will not show Bitcoin pricing but will continue to offer products in Japanese yen.Japan is a crypto-friendly nation, and…
Most Financial Advisors Believe Bitcoin ETFs Will Be Denied: Bitwise Survey.
New survey data from Bitwise suggests that Bitcoin ETF approvals are not yet priced in with financial planners.Optimism over a Bitcoin ETF may not be as prevalent in mainstream financial…
BlackRock Reportedly Plans 3% Workforce Cut Amidst ETF Pursuit.
BlackRock is anticipated to get clearance from the U.S SEC as soon as next Wednesday. Reportedly, the possible rounds of layoffs have nothing to do with capital shortfall. According to…