Ethereum price lags Bitcoin and altcoins, but is a rally to $2.6K possible?
A drop in Ethereum network activity and investors’ concerns about the global economy continue to weigh on ETH price. Go to Source
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21Shares urges EU to change ‘inconsistent’ crypto ETP rules
The ETP issuer is asking for more clarity and consistency from what it claims is the European Union’s “patchwork” of crypto regulations. Go to Source
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in … Read more
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, … Read more
Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside. Go to Source
Uptober Off To A Rocky Start: Bitcoin And Ethereum Slide 4% Amid Geopolitical Tensions
October, notoriously known as “Uptober” among crypto enthusiasts, has kicked off on a sour note. Bitcoin and Ethereum plummeted over 4% each, with $BTC hitting $61,750 and $ETH tumbling to $2,495. Uptober has started with a drop, with bitcoin and Ethereum dropping over 4% each 📉$BTC hit $61,750, while $ETH fell to $2,495 👀 This … Read more
Bitwise files for first XRP ETF with US SEC
Subject to approval from the SEC, the potential Bitwise XRP ETF is designed to provide exposure to the value of XRP held directly by the trust. Go to Source
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP … Read more
Bitwise has filed an XRP ETF
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware. Go to Source
Bitcoin’s Surge Above $66K: Will Whale Activity Spark A Sell-Off?
Bitcoin’s recent rally has pushed its market value past $66,000, igniting excitement among traders. However, while Bitcoin is grabbing headlines, it’s actually the altcoins that are seeing the biggest gains this week. A major factor behind this is the redistribution of profits from Bitcoin’s steady rise over the past three weeks. As the market sentiment … Read more
