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The SEC has pushed back decisions on Truth Social’s Bitcoin-Ethereum ETF, Solana products from 21Shares and Bitwise and 21Shares’ Core XRP Trust — all now set for October deadlines. The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October. In notices filed Aug….
An ETF analyst says it was collectively the biggest trading volume week ever for Bitcoin and Ether ETFs “thanks to Ether ETFs stepping up big.” US-based spot Bitcoin and Ether exchange-traded funds (ETFs) just logged their strongest week of trading volume yet, according to an ETF analyst. “Biggest week ever for them, thanks to Ether…
Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles. Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts. The crypto asset sentiment index rose from…
Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier. Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the…
Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow? Key points: Bitcoin bulls are chasing after BTC’s $123,218 all-time high as buying pressure surges. Ether has played catch-up to Bitcoin and is close to making a new all-time high. Read more If you liked the article, do not forget to…
BlackRock hasn’t filed for a Solana ETF, but ETF analyst James Seyffart says they shouldn’t be allowed to jump in at the last minute after other issuers’ hard work. The world’s largest asset manager, BlackRock, should not be allowed to launch a Solana exchange-traded fund (ETF) simultaneously with the US-based issuers who have already filed…
SBI Holdings unveiled plans for exchange-traded products, including a gold-crypto ETF and a Bitcoin-XRP dual ETF. Japanese financial giant SBI Holdings plans to launch the country’s first dual-asset cryptocurrency exchange-traded fund (ETF), offering exposure to both Bitcoin and XRP. In its earnings report Thursday, the company outlined plans for two crypto-based ETF products. The first…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Coinbase adviser George Osborne warns the UK is falling behind on stablecoins, crypto funds see outflows after 15 weeks of gains, and the US…
Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000. Key points: Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears. The deep pullback in several altcoins suggests the next leg of the…
Profit-taking interrupted the 15-week winning streak of global cryptocurrency ETPs last week as investor sentiment was hit by hawkish remarks after last week’s US Fed rate decision. Cryptocurrency investment products ended last week in the green, interrupting 15 weeks of consecutive inflows after investor sentiment took a hit from hawkish remarks during last week’s Federal…