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Search Results for: ETFs

Is There Any Possibility To Witness Bitcoin (BTC) Recover Shortly?

The slightest revival of the Bitcoin price yesterday was less impactful than expected, failing to break $60,000. BTC struggled to clear the $59,500 level and dipped by 0.39% over the past 24 hours to a bottom of $57,209. The German government’s recent sell-off might shake the market and has made

July 11, 2024 2 mins read

Is Shiba Inu (SHIB) Set to Launch Its Own ETF?

After the approval of the 11-spot Bitcoin (BTC) ETF on January 11, expectations are high for more developments in the market. Also, the discussion around potential exchange-traded funds for various digital assets has intensified.  Also, the U.S. Securities and Exchange Commission’s (SEC) green light for eight Spot Ethereum ETFs on

July 11, 2024 2 mins read

Is an Ethereum (ETH) Bull Rally on the Horizon?

Ethereum is slowly recovering from the extreme bearish sentiment experienced last week, where it fell 5% over seven days, hitting a five-month low of $2,810. Currently, Ethereum is trading at $3,091, with a modest 0.88% gain in the past 24 hours, although its trading volume is down 9% in the

July 11, 2024 2 mins read

Solana (SOL) Eyes Spot ETF Approval as Price Targets Crucial Resistance Levels

Solana (SOL) is setting its sights on joining the elite group of assets poised to receive their own spot Exchange Traded Fund (ETF). This development could mark a turning point for the altcoin, which has been grappling with a lack of significant recovery in recent weeks. Solana’s Spot ETF Journey

July 10, 2024 2 mins read

Will Solana (SOL) Experience a Strong Bearish Trend Soon?

Solana has witnessed a minimal spike in the last 24 hours, hitting the $145 mark after an intense bearish weekly performance. As the bears dominate the SOL market, the price volatility intensifies, and fluctuates, leaving traders anxious.  Notably, in the last 24 hours, SOL recorded a high of $145.88 and

July 10, 2024 2 mins read

Is Germany’s Bitcoin Sell-Off a Sign Of Market Shakeup?

The German government’s recent move to sell off substantial Bitcoin holdings has made big waves in the cryptocurrency market. According to Arkham Intelligence data, approximately 8,853 Bitcoins were transferred out of government wallets today, reducing their total holdings to 15,110 Bitcoins valued at $887 million.  This follows a series of

July 10, 2024 1 min read

Can Bitcoin Reach $60K Amid This Brief Rally?

Despite the German government and Mt. Gox selling pressures, the global crypto market displayed a notable rebound, driven by Bitcoin’s (BTC) recovery on July 10. This upward movement comes in the wake of recent market turbulence, as Bitcoin climbed nearly 4.20% to approach the $59,500 zone. At the time of

July 10, 2024 2 mins read

Can the BTC Bulls Overpower Bears to Break Above $58K?

The potent bulls struggle to hold their ground as bears dominate the crypto market currently. Bitcoin (BTC) witnessed a minor spike of 1%, struggling to move higher. BTC price has fluctuated within the $53,000–$70,000 range, as the asset has faced multiple resistance-support levels over the past month.  Amidst the ongoing

July 9, 2024 2 mins read

VanEck and 21Shares Update S-1 Filings for Spot Ethereum ETF Approval

In order to list and trade shares of a spot Ethereum (ETH) exchange-traded fund (ETF), asset management firms VanEck and 21Shares have updated their S-1 registrations with the US SEC. The firm’s attempts to secure final clearance from the SEC for its Ethereum ETF included filings on July 8 in

July 9, 2024 2 mins read