The United States Securities and Exchange Commission (SEC) has once again deferred its decisions regarding multiple proposals for spot Bitcoin exchange-traded funds (ETFs) from leading financial institutions, including BlackRock. This move by the SEC precedes an impending government shutdown, which is anticipated to influence the functioning of the country’s financial …
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In a comprehensive evaluation of global market dynamics, Bloomberg Intelligence analyst and Chartered Market Technician (CMT) Jamie Coutts has opined on the shifting sands of financial asset volatility. With bonds potentially falling out of favor and Bitcoin cementing its place as a debasement hedge, traditional portfolio models may be on …
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Coinbase CEO, Brian Armstrong, has called for clear, comprehensive legislation in the crypto industry, cautioning that the United States is approaching a “5G moment” for cryptocurrency. During an exclusive interview with Yahoo Finance, he emphasized that without immediate action, the US risks losing ground in a sector he perceives as …
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The US Securities and Exchange Commission (SEC) is reportedly fast-tracking the launch of Ethereum futures exchange-traded funds (ETFs), with a potential trading debut as early as next week. This comes amid mounting anticipation of a possible US government shutdown. First Ethereum Futures ETF Could Launch Monday Bloomberg ETF analyst Eric …
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Global businesses are confronting significant headwinds as cross-border payment volumes have rebounded to pre-pandemic levels while grappling with the looming challenges of escalating interest rates. Amidst these complexities, Ripple Labs’ latest insights into the shifting economic landscape reveal their crypto-enabled payment solutions as a countermeasure. Major Pain Points In The …
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Recent comments by Danny Ryan, often referred to as the beacon chain’s mastermind, have sent ripples through the Ethereum community. In a candid interview, Ryan called out Lido and similar protocols, claiming they pose a systemic threat to Ethereum’s foundational values and its core consensus mechanisms. The crux of Ryan’s …
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Renowned crypto analyst Rekt Capital has recently highlighted the pivotal nature of the Bitcoin price’s imminent monthly candle close. In a statement via X (formerly Twitter), he detailed that Bitcoin has tagged the $27,000 monthly level from the underside, meaning it is acting as resistance for the time being. He …
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In a surprise move, the US Securities and Exchange Commission (SEC) announced an early delay of ARK Invest’s and 21Shares Bitcoin spot ETF application on Tuesday, September 26, which was originally scheduled to be decided by November 11. At the same time, the regulator postponed GlobalX ETF’s application, which was …
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With anticipation around Bitcoin ETFs from giants like BlackRock, Fidelity, and Invesco, and an expected halving in April 2024, forecasts for Bitcoin’s price next year show a significant range. From JPMorgan to Standard Chartered Bank, here are the most notable estimates for 2024: Pantera Capital: $150,000 In their August “Blockchain …
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In a recent X-thread (formerly Twitter) on Bitcoin’s environmental, social and governance (ESG) impact, Daniel Batten, a leading BTC environmentalist and co-founder of CH4 Capital, presented a compelling case for the cryptocurrency. With the help of four distinctive charts, Batten highlighted Bitcoin’s sustainability compared to other major industries. “4 charts, …
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From macro headwinds for Bitcoin to Ripple’s legal victory celebrations to Chainlink’s major upcoming conference, the crypto universe is set to witness a dynamic week ahead. Here are the top events to mark on your calendar. #1 Ripple’s Victory Lap In NYC This week sees Ripple hosting “The Proper Party” …
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In the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC), John Deaton, a prominent lawyer supporting XRP, has recently shed light on potential conflicts of interest and regulatory capture that may have influenced the SEC’s decision to take legal action against Ripple. Ethereum is at …
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