Ethereum (ETH) reclaimed the $4,000 mark, reaching a recent high of $4,020.67 before consolidating. Currently, ETH trades at $3,960.98, up 3.07% in the last 24 hours. The market cap surged to $477.1 billion, representing a 3.07% increase. Meanwhile, the 24-hour trading volume spiked 8.26% to $30.34 billion, reflecting growing investor
Spot Bitcoin and Ether ETFs recorded $870 million in daily inflows on Friday, demonstrating strong investor confidence. Bitcoin ETFs led the surge with $597.5 million, while Ether ETFs attracted $273.6 million, according to data from SoSoValue. The robust inflows coincided with Bitcoin struggling to breach the $102,000 resistance level. Grayscale’s
The U.S. Securities and Exchange Commission (SEC) is set to reject applications for at least two Solana (SOL) spot exchange-traded funds (ETFs), according to Fox Business journalist Eleanor Terret. The regulatory body has reportedly notified at least two of the five prospective issuers about its decision, highlighting concerns about Solana’s
The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain. Bloomberg analyst James Seyffart suggests decisions could extend into late 2025. Regulatory challenges and market constraints are the primary reasons for the delay. The U.S. Securities and Exchange Commission (SEC) has denied
Bitcoin steadied at $94k on Tuesday, rebounding after a sharp sell-off that pushed its price below $93,000 earlier in the day. The cryptocurrency saw a 24-hour decline of 5.1%, with liquidations across the crypto market reaching $553 million, including $415 million in long positions. Bitcoin is trading at $94,408, and
Charles Schwab Corp. is preparing to offer spot cryptocurrency trading once U.S. regulations become more favorable. In a recent interview, incoming CEO Rick Wurster shared that the financial services giant is closely watching the regulatory landscape and expects changes under the incoming administration. This shift is anticipated to make it
The Asian crypto community has yet again woken to Bitcoin hitting a new ATH. This time the digital asset has traversed into the $96K level and has managed to hold prices there. This price movement has also made up for the brief slump the overall market reflected this week. Meanwhile,
Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the U.S. Securities and Exchange Commission (SEC) dated October 25, Emory held 2,678,906 shares in the ETF, valued at
South Korea’s financial regulator is moving closer to approving spot crypto exchange-traded funds (ETFs) and corporate crypto accounts, with discussions set to accelerate following the establishment of a new Virtual Assets Committee. The committee, which was officially announced on October 13, is expected to play a key role in shaping
Taiwan’s Financial Supervisory Commission (FSC) has announced a new initiative allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) via a re-entrustment method. This decision, detailed in a press release on Monday, aims to diversify investment options and enhance the re-entrustment business of the nation’s securities firms.
