The most recent research from Fidelity Digital Assets indicates that pension funds are becoming more open to the prospect of pursuing crypto asset investment exposure. At a London event, Fidelity Digital Assets VP Manuel Nordeste saw that investment committees of defined benefit plans and other pension funds are in the
With US nonfarm payrolls coming in substantially lower than predicted, raising the possibilities of a dovish stance by the Fed, the price of Bitcoin soared quickly after the announcement of the data on May 3, Friday. The seven-day losing streak for US Bitcoin ETFs came to an end as a
A further two months of waiting have been imposed upon 7RCC Global after almost five months of waiting for the US Securities and Exchange Commission (SEC) to render a verdict on its spot Bitcoin ETF application centering on carbon credits. In order to decide on whether to adopt, reject, or
The US employment data was anticipated by the U.S. market as a further indicator of the economy’s health. Notably, during their most recent FOMC meeting, the United States Federal Reserve kept the interest rate steady, which has impacted on market mood recently. Furthermore, the Federal Reserve’s policy rate attitude might
Hong Kong’s extraordinary inflows of capital have thrust the region into the limelight, while the rest of the world’s digital asset ETF market has suffered losses during the previous week. As of now, the weekly flows in the Asian crypto ETF market are surpassing those in the U.S. Spot Bitcoin
Robert Kiyosaki, author of the best-selling book “Rich Dad Poor Dad,” is well-known for his financial analysis. He recently offered his take on how to navigate the volatile crypto market. Speaking to his followers on X, Kiyosaki explored the special chances that come during market slumps. He encouraged his followers
The global cryptocurrency market has significantly reversed, particularly in the meme coin realm. Following a huge decline in Bitcoin, it experienced a notable upswing, marking a 6.25% jump from its recent slump at $56,000. This momentum persisted, leading to a 3.50% intraday surge to $59,412. What’s especially interesting is how
As the crypto market continues to experience volatility, the options market is gearing up for a significant expiration event. On May 2nd, 2024, 23,000 Bitcoin (BTC) options contracts with a notional value of $1.4 billion are set to expire. The Put Call Ratio for these options is 0.49, indicating a
Solana emerges as a leading contender, capturing investors’ attention with its stellar performance. With Bitcoin reaching new heights and the impending Bitcoin halving event, Solana’s potential for significant gains post-halving has analysts and investors alike eagerly anticipating its trajectory. Let us delve into Solana’s recent price performance, predictions for its
For a number of reasons, such as dwindling interest from retail investors and a dearth of encouraging signs, JPMorgan maintains its previous advice to be cautious in the cryptocurrency markets going forward. On Thursday, analysts from JPMorgan, headed by Nikolaos Panigirtzoglou, mentioned the cautious stance in a report. The analysts
