Despite recouping a significant portion of the losses sustained during the catastrophic market collapse of 2022, Bitcoin’s price has seen significant volatility this year. Compared to its value on January 1, 2023, the current price of Bitcoin is over $38,200, a rise of 130%. Some market watchers think BTC’s rise
Single Platform Available for Trading Cryptocurrency Plus Other Asset Classes GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong. Cryptocurrency trading for eligible clients of Interactive Brokers Hong
The world of cryptocurrencies and decentralized finance (DeFi) is constantly evolving, and among the latest innovations capturing attention is the rise of Real World Assets (RWAs). In this deep dive, we’ll explore what RWAs entail, their significance, top projects in 2023, institutional adoption, regulatory considerations, and their impact on DeFi.
The SEC, according to recent statements by Commissioner Hester Peirce, is no longer obligated to hold up the approving of ETFs for significant crypto entities. The crypto world has spent the whole year waiting for the U.S. SEC to greenlight spot ETFs. Ark Invest, managed by CEO Cathie Wood, has
Cathie Wood’s Ark Invest has taken a surprising step by submitting a third amendment to its Bitcoin ETF application, which includes many key enhancements that have caught the curiosity of the financial industry. Eric Balchunas, an ETF specialist at Bloomberg, broke the news, calling it “a positive step forward” in
According to a filing with the United States SEC dated November 17, Fidelity Investments intends to launch a spot Ethereum ETF. The proposed rule change that would enable Cboe BZX to list and trade shares in Fidelity’s prospective fund was described in a 19b-4 filing. Similar to Fidelity’s spot Bitcoin
TORONTO–(BUSINESS WIRE)–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) announces the reporting of its unaudited interim consolidated financial results for the three-month and nine-month periods ended September 30, 2023. In June 2023, the Company announced its commitment to a more efficient operating model marked by three key strategies:
This year has seen a three-fold surge in the total number of crypto wallet addresses holding more than $1 million in Bitcoin. BitInfoCharts reports that the number of addresses holding in excess of $1 million dollars in BTC has increased by 237% from January 1 (when there were 23,795) to
HSBC, one of the world’s leading financial institutions, has unveiled its plans to enter the rapidly growing digital asset market. In a strategic move, the bank is set to offer a comprehensive custody service for digital assets, including tokenized securities. This new venture is being developed in collaboration with the
2023 has proven to be a year of fluctuation in the cryptocurrency market, characterized by both significant gains and notable declines, largely influenced by bearish trends. But in Q4, the bulls displayed exponential strength, with Bitcoin, the largest cryptocurrency, leading the way. Just a week ago, BTC reached an 18-month
