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Search Results for: etfs

Ethereum Teeters on the Edge of Breaking Crucial Support Zone

Ethereum bulls and bears are in a feud to break the $3K range to go to a high of $4K. Thus, at the time of writing, the coin is trading at $3,535 with a 0.67% gain in the past 24 hours. After a 15.89% decline, the daily trading volume recorded

June 15, 2024 2 mins read

Australia’s ASX to List First Bitcoin ETF by VanEck

Australia and other major markets such as the United States and Hong Kong are embracing Bitcoin ETFs as an investment option. Along the line, the Australian Securities Exchange Ltd. (ASX), has officially approved the first spot Bitcoin exchange-traded fund. It will begin trading on June 20.  Fund issuers like Van

June 15, 2024 2 mins read

Trezor Unveils New Safe 5 Crypto Hardware Wallet with Enhanced Security Features

Trezor, a hardware cryptocurrency wallet, launched three products, namely, Trezor Safe 5, the Bitcoin-only version, and Trezor Expert onboarding service, on June 14. Trezor CEO Matej Zak announced this at BTC Prague 2024, the largest Bitcoin event in Europe. The products are designed to promote self-custody among digital asset holders

June 14, 2024 2 mins read

Ethereum Sees Record Long-Term Holder Accumulation Amid Price Dip

Following a recent price dip, Ethereum (ETH) had one of its most significant days for long-term holder accumulation. Demand for Ethereum has skyrocketed. In a post on June 13th, CryptoQuant’s chief of research Julio Moreno said that buying by permanent holders was the second highest it has ever been. According

June 14, 2024 1 min read

Indian Court Rules Positive for Crypto Trading Amid Regulatory Debates

The Orissa High Court in India recently stated in a Ponzi scheme accusation case, that crypto trading is not illegal. The announcement has pronounced the country’s stand on cryptocurrency amidst recent regulations discussions. According to sources, the case included two individuals who were accused of defrauding people through a Ponzi or

June 14, 2024 2 mins read

Bitcoin Price Drops to $66K, Will BTC Fall Even Further?

Bitcoin (BTC), the premier cryptocurrency, has displayed significant volatility this week, falling over 3% in the past 24 hours to touch $66,304 after a brief recovery to $68,000 on Thursday. This drop comes in the wake of the Federal Reserve’s decision to maintain the interest rate at 5.25% to 5.50%,

June 14, 2024 2 mins read

SEC Chair Gensler Anticipates Ethereum Spot ETF Approval This Summer

During the summer, SEC Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations. The announcement by

June 14, 2024 2 mins read

Bitcoin Whales Accumulate $1.38B Worth BTC Capitalizing on Price Dip

Bitcoin whales amassed 20,600 BTC worth around $1.38 billion, on June 11, capitalizing on the Bitcoin price fall. Blockchain analytics company CryptoQuant reports that this was the biggest influx of capital for Bitcoin whales since February 28, when spot Bitcoin ETFs were less than six weeks old and BTC was

June 13, 2024 1 min read