Japan’s regulatory stance on crypto exchange-traded funds (ETFs) remains cautious, even as the U.S. and Hong Kong make strides in launching spot crypto ETFs. Despite the increasing demand for these financial products globally, Japan’s Financial Services Agency (FSA) continues to play it safe. The country’s crypto investors face tax hits
The world of cryptocurrency is buzzing with news these days, and many people are closely watching the latest trends. Ripple (XRP) has been a hot topic, especially with talks about a possible ETF approval. However, some experts warn that just because an ETF might happen, it does not mean it
Monochrome Asset Management is poised to make history with the launch of the world’s first Ethereum exchange-traded fund (ETF) on Cboe Australia. Furthermore, the company’s Ethereum ETF, known as the Monochrome Ethereum ETF (IETH), is likely to attract significant attention. Investors seeking exposure to Ethereum can benefit from this option,
Ethereum is currently trading at $2,463.82, marking a 2.13% increase over the past day. Despite this upward momentum, trading volumes decreased by 16.84%, reflecting a drop to $12.53 billion. Ethereum’s market cap now sits at $296.6 billion, contributing to the broader crypto market’s recent recovery. A trader bought 8.41 billion
As of October 1, Ethereum’s current price stands at $2,474, reflecting a 6.20% decrease over the past day. The market cap has similarly declined by 5.18%, currently sitting at $299.87 billion. Despite this price drop, the 24-hour trading volume has increased by 46.66%, reaching $25.27 billion. Ethereum’s market has undergone
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on options trading for Ethereum ETFs, extending the deadline until mid-November. This decision impacts both Nasdaq ISE’s proposal for BlackRock’s iShares Ethereum Trust and NYSE American LLC’s proposal for options trading on Grayscale’s Ethereum ETF, alongside other
Bitcoin (BTC) is currently trading at $62,046.34, showing a 2.83% increase in the past day. The leading cryptocurrency maintains a market cap of $1.23 trillion, securing its position as the top digital asset in the market. Over the last 24 hours, the trading volume reached $46.08 billion, reflecting a 17.22%
Coinbase CEO Brian Armstrong and Industry experts swiftly dismissed allegations that the company was issuing Bitcoin IOUs to BlackRock, the issuer behind the largest spot Bitcoin ETF. Over the weekend, crypto analyst Tyler Durden accused Coinbase of allowing BlackRock to borrow Bitcoin without collateral, raising concerns over potential market manipulation
Bitcoin’s price is currently trading above $58,000, reflecting a 24% drop from the yearly high of $73,800 recorded in March 2024. The cryptocurrency market has been volatile in the second half of 2024, with BTC particularly affected by global macroeconomic uncertainty. As of September 12, 2024, BTC has surged over
Ethereum is trading at $2,329, according to CMC data, reflecting a slight decrease of 1.32% over the last 24 hours. Ethereum, the second-largest cryptocurrency by market capitalization, has faced notable pressure amid broader market corrections. With Ethereum’s network still being the backbone of decentralized finance (DeFi) and NFTs, price fluctuations
