Bitcoin, the pioneer cryptocurrency, has experienced bullish momentum over the past 48 hours. However, despite the positive trend, BTC has struggled to breach the significant $30,000 mark. Meanwhile, the release of the US Consumer Price (CP) data, which jumped to 3.2% in July, a lesser than expected 3.3%, led to
TORONTO–(BUSINESS WIRE)–$ETHC–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 six-month periods ended June 30, 2023. On June 15, the Company announced it is streamlining costs and internalizing certain operations to focus on profitability. It
Bitcoin, the dominant cryptocurrency by market capitalization, recently surged to $30,144 just a few hours ago, sparking excitement within the community after two weeks of anticipation. However, this surge was short-lived as the price swiftly plummeted to $29,940 within half an hour. Notably, this was followed by Novogratz, a cryptocurrency
In a surprise revelation today, Galaxy CEO Mike Novogratz dropped a significant hint that the approval of a spot Bitcoin exchange-traded fund (ETF) is on the horizon. Novogratz, known for his insights in the cryptocurrency space, disclosed that his sources at BlackRock and Invesco have indicated that the green light
In the cryptocurrency realm, a significant trend emerges as more investors embrace a patient approach. A substantial portion of Bitcoin, about 68.54% of the total supply, has remained dormant for at least a year, reflecting a preference for a long-term investment strategy. Data from Glassnode, a blockchain analytics firm, reveals
On Friday, Global X joined other industry participants in submitting paperwork to list a spot bitcoin exchange-traded fund (ETF) product. If the fund gets the go-light from regulators, it will boost widespread Bitcoin exposure. In addition to Grayscale’s petition to appeal the SEC’s denial of its intended spot-bitcoin ETF conversion,
Valkyrie, a major participant in the financial industry, has filed a Form 497 detailing their ambitious goal to convert their current fund, $BTF, into a revolutionary dual Bitcoin and Ether Exchange-Traded Fund (ETF) ahead of time. Bloomberg’s ETF Analyst, Eric Balchunas, claims that on October 3rd, the company will take
The market has seen the rise and fall of several cryptocurrencies lately. While projects like Cardano (ADA) and Aptos (APT) have struggled to sustain their market share, a new project, Tradecurve (TCRV), has turned out to be the favorite of crypto experts and investors. Its presale is cruising high, and
Ethereum, the second-largest cryptocurrency finds itself amidst a bear-dominated market. The ongoing battle between the bear and the bull has intensified over the past two weeks, driving down the price. Notably, the price of ETH has decreased by 6.16% in the last month and by 2.1% within the last 7
There are now six Ethereum Futures ETFs pending clearance from the U.S Securities and Exchange Commission. Several big participants are vying for dominance as they seek approval for an Ethereum futures ETF. These are from Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale. On August 1st, Bloomberg’s senior ETF analyst
