SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers: Report
BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say. Go to Source
Month: July 2024
Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a potential BTC peak at $150,000 by late 2025. Peter Brandt Foresees Bullish Momentum for Bitcoin Veteran trader Peter … Read more
Coinbase narrows subpoena, wants Gensler’s emails during time as SEC Chair
Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge. Go to Source
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability. “I believe bitcoin is legitimate,” he emphasized, adding: “I do believe there’s a real … Read more
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Go to Source
Visa and Wirex Partner to Bring Seamless Crypto Payments to Millions of Merchants Globally
Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way we use digital assets,” said Wirex Pay, emphasizing that Wirex and Visa are teaming up to “drive innovation in web3 payments.” Wirex and … Read more
Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC
More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC. Go to Source
Ether could outperform Bitcoin after spot ETF launch: Kaiko
According to Bloomberg analyst Eric Balchunas, the highly-anticipated Ethereum ETFs could launch in the United States by July 23. Go to Source
Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study
A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift … Read more
US military partner Constellation opens Hypergraph network to app developers
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications. Go to Source