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Search Results for: etfs

Ethereum Battles Strong Resistance on Path to $2,000 Breakout

When comparing the blockchains with the highest total value locked (TVL) in DeFi, Ethereum, the leading altcoin and smart contract platform, had its TVL drop by 0.25%, to $24.05 billion, but it still leads the pack. Moreover, according to CoinShares’ most recent weekly report, $767 million has flowed into digital

November 7, 2023 2 mins read

BTC stays below 35000. Will Bitcoin Bulls continue pumping?

Bitcoin, the leading cryptocurrency by market capitalization, is currently experiencing a strong bull run. BTC reached an 18-month high on November 2, surging to $35,981, defying the persistent bearish trend that dominated it for nearly a year. October 2023 proved to be one of the most remarkable months for Bitcoin’s

November 4, 2023 2 mins read

Bitcoin’s Price Faces Strong Resistance Post Massive Spike

Investors are expecting an eventual rise in Bitcoin prices after the anticipated U.S SEC approval of a Bitcoin spot ETF, which is projected to drive more capital. Meanwhile, during its meeting in November, the Federal Reserve decided to leave interest rates unchanged. The next decision by the central bank might

November 3, 2023 2 mins read

ProShares Launches World’s First Short Ether-Linked ETF

SETH Provides Investors With Opportunity to Profit on Days When Ether Drops BETHESDA, Md.–(BUSINESS WIRE)–ProShares, the global leader in crypto-linked ETFs, announced today the launch of ProShares Short Ether Strategy ETF (SETH), the world’s first short ether-linked ETF. SETH provides investors an opportunity to profit from declines in the price

November 2, 2023 5 mins read

Can Bitcoin Cross $40,000 in November 2023?

Bitcoin, the leading cryptocurrency, delighted the crypto community by wrapping up October with a bullish surge, affectionately nicknamed “Uptober” by enthusiasts. The community had high expectations for BTC throughout the month, given that historical data shows Bitcoin hasn’t experienced a negative October since at least 2013, with only two exceptions.

November 1, 2023 2 mins read

SEC Chair Greets Satoshi Nakamoto’s White Paper on 15th Anniversary

Gary Gensler, the chair of the SEC, greeted Satoshi Nakamoto’s renowned White Paper, which launched cryptocurrency today, a happy 15th anniversary. If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell? Happy 15th anniversary to Satoshi’s famous white paper that started crypto. Any crypto companies

October 31, 2023 2 mins read

Bitcoin (BTC) Surged Over 107%, What’s Driving the Rally?

Since October 24, the world’s largest cryptocurrency, Bitcoin (BTC), has ignited a bullish trend across the broader crypto market. Also, Bitcoin enthusiasts and investors have been on the edge of their seats as BTC surges above the $34,300 range, and the excitement is solid. The surge in Bitcoin’s value is

October 30, 2023 2 mins read

VanEck’s Strategy Advisor Foresees El Salvador as Key Financial Hub

Strategy consultant at investment management company VanEck, Gabor Gurbacs, believes that El Salvador may follow Singapore’s model and become a financial hub in the Americas. Gurbacs on a twitter post stated: “I say often to portfolio managers and asset allocators that El Salvador has the potential to become the Singapore

October 29, 2023 2 mins read

Investors Eye Upcoming FOMC Meeting as High Volatility Expected

The crypto sector may react partially to the results of the Federal Open Market Committee (FOMC) meeting of the U.S. Fed on October 31 and November 1, 2023. Nevertheless, traders are looking to Fed Chair Jerome Powell’s following remarks on the US economic outlook as a possible market-moving indicator. However,

October 29, 2023 1 min read