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Search Results for: etfs

Binance Research: Bitcoin Scalability Advances Amid New Developments and Rising Fees

The crypto space’s flagship asset, Bitcoin, is still the biggest cryptocurrency by market cap, but it has never been really programmable, scalable, or popular among developers. Nevertheless, there has been a shift. There has been a dramatic increase in the volume of discourse around potential solutions to Bitcoin’s scalability with

May 30, 2024 3 mins read

Goldman Sachs Calls Spot Bitcoin ETF Approval a ‘Psychological Turning Point’

The recent approvals for the Spot Bitcoin ETF have been hailed by world-renowned financial firm Goldman Sachs as a “big psychological turning point.” With the approval’s effect in mind, the bank hailed January’s BTC investment offering as an “astonishing success.”  The digital asset market has been greatly affected by this

May 30, 2024 2 mins read

Here’s Why Solana Holders Are Branching Out To This A.I Driven Coin After Its 3X

Solana (SOL) holders are branching out to Option2Trade (O2T) due to its innovative A.I. technology and impressive market performance. The 3X increase in O2T’s value has captured the attention of savvy investors looking for the next big opportunity. While Solana (SOL) continues to be a strong performer with its robust

May 30, 2024 4 mins read

Bitcoin Price Struggles to Break $68K Resistance, Delayed Rally?

The overall crypto sector, after the recent price recovery, has begun showing resistance to maintaining the bullish run. Bitcoin market price, in the past 24 hours has taken a bearish turn with prices sliding closer to $67K. The leading cryptocurrency hit market prices close to its all-time high of $73,750

May 30, 2024 2 mins read

Crypto Whales Navigate Choppy Waters Amid Regulatory Tides

The cryptocurrency market continues its rollercoaster ride, with investors closely tracking the erratic movements of major digital assets like Bitcoin (BTC) and Ethereum (ETH). In recent days, the market has witnessed significant fluctuations, sending shockwaves through the global financial landscape. Bitcoin, the pioneer cryptocurrency, experienced a dizzying ascent, briefly surpassing

May 30, 2024 2 mins read

BlackRock Pushes Forward with Ethereum ETF Amid SEC Approvals

BlackRock, the world’s largest asset manager, is getting closer to launching its Ethereum ETF, the iShares Ethereum Trust (ETHA). The company recently submitted an amended S-1 registration form to the U.S. Securities and Exchange Commission (SEC), following the regulator’s approval of Form 19b-4 for eight Ethereum ETFs.  The updated S-1

May 30, 2024 2 mins read

Hashdex Withdraws Ethereum ETF Bid After SEC Approves Rivals’ Proposals

Officially, Hashdex is pulling the plug on their planned spot Ethereum ETF. This withdrawal came only one week after eight other issuers’ comparable bids were approved by the U.S SEC. On Tuesday, Nasdaq announced a change in strategy by withdrawing the Hashdex Nasdaq Ethereum ETF. Following the SEC’s approval of

May 30, 2024 2 mins read

Hong Kong’s SFC to Enforce Licensing Compliance for Crypto Firms

Local virtual asset trading platforms (VATPs) that have not yet completed their regulatory applications after a June 1 licensing deadline will be subject to “on-site inspections” according to the Hong Kong Securities and Futures Commission (SFC). On May 28, the SFC reminded cryptocurrency enterprises that they need to get a

May 29, 2024 2 mins read

BlackRock Surpasses Grayscale to Become Largest Bitcoin ETF Fund

The spot Bitcoin ETF IBIT, run by BlackRock, has surpassed Grayscale’s GBTC to become the biggest Bitcoin fund, marking a significant milestone in the industry. On May 28, the BlackRock Bitcoin ETF had inflows of above $100 million, signaling a flippening. At the time of writing, bitcoin is trading at

May 29, 2024 1 min read