Bitcoin falls 9%, dropping beneath $42K amidst considerations about GBTC flows
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JPMorgan analyst predicts 50% probability of spot Ethereum ETF in Might
A JPMorgan govt urged on Jan. 12 that securities regulators are equally prone to approve or disapprove a spot Ethereum ETF within the coming months. Nikolaos Panigirtzoglou, a Managing Director for JPMorgan, informed The Block: “In our opinion, for the [U.S. Securities and Exchange Commission] to approve spot Ethereum ETFs in Might, it will must […]
Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at doable ETF redemption exercise
Grayscale has begun transferring Bitcoin out of its belief and sending it to Coinbase as of two p.m. GMT, Jan. 12. A complete of 4,000 BTC (roughly $200M) has been despatched as of press time, with all Bitcoin going to Coinbase Prime, one of many key individuals within the sequence of Bitcoin ETFs launched yesterday. […]
Bitcoin ETF launch day: Evaluation of the historic second
On Jan. 11, 2024, the primary Bitcoin spot ETFs within the U.S. lastly launched after years of anticipation. To mark this milestone, CryptoSlate’s workforce was joined by SwissBorg’s Alex Fazel to share their views. Affect on Bitcoin value The panelists had blended views on how rapidly the ETFs could impression Bitcoin’s value. Fazel famous analysis […]
How Bitcoin correlates with conventional belongings within the ETF age
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USDC issuer Circle eyes public market debut with SEC submitting for IPO
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Ethereum takes the lead over Bitcoin in derivatives buying and selling quantity
The derivatives marketplace for Bitcoin (BTC) and Ethereum (ETH) skilled important fluctuations following the incident on Jan. 9, the place the U.S. Securities and Trade Fee’s (SEC) Twitter account was compromised. This false announcement of a spot Bitcoin ETF approval led to a sequence of market reactions that worn out over $50 billion in Bitcoin’s […]