Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. Go to Source Powered by WPeMatico
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high. Go to Source Powered by WPeMatico
Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend. Go to Source Powered by WPeMatico
TRAC, KDA and CTSI booked double-digit gains after BTC hit a new all-time high and the total crypto market cap hit $2.63 trillion. Go to Source Powered by WPeMatico
Bullish momentum has returned to the cryptocurrency market, with Bitcoin leading the charge towards new all-time highs. Go to Source Powered by WPeMatico
The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped $64,804 per unit. Bitcoin Records New All-Time … Read more
Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading. Go to Source Powered by WPeMatico
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines. Go to Source Powered by WPeMatico
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues. Go to Source Powered by WPeMatico
New governance features, a robust treasury and increasing community activity catalyzed a strong bullish breakout in ROOK price that has traders setting a target at $345. Go to Source Powered by WPeMatico