SEC delays BlackRock, Franklin Templeton crypto ETF decisions

SEC delays BlackRock, Franklin Templeton crypto ETF decisions

The SEC has extended deadlines for crypto funds tracking Solana and XRP, along with proposals targeting Ether staking. The US Securities and Exchange Commission has delayed decisions on multiple crypto exchange traded funds (ETF) proposals Wednesday, pushing back deadlines for funds including BlackRock and Franklin Templeton. According to SEC filings, the agency has set a new…

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ETH derivatives turn bullish even as spot Ether ETF sees 0M outflow

ETH derivatives turn bullish even as spot Ether ETF sees $300M outflow

Despite $300 million in spot ETH ETF outflows, healthy derivatives and institutional investor activity keep Ether’s $5,000 path intact. Key takeaways: $300 million outflows from US-listed Ethereum ETFs represent just 1.3% of assets under management. Derivatives positioning and stable long-to-short ratios suggest strong $4,300 support despite leveraged long liquidations. Read more If you liked the…

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Here’s what happened in crypto today

Here’s what happened in crypto today

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, the US Commodity Futures Trading Commission opened a pathway for offshore exchanges to legally serve American clients. Kanye West’s YZY token collapsed over 80% after…

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Bitcoin ‘liquidity zones swept’ but uptick in open interest hints at BTC recovery

Bitcoin ‘liquidity zones swept’ but uptick in open interest hints at BTC recovery

Bitcoin’s sharp sell-off caught many traders off-guard, intensifying the rate of long liquidations, but data shows bulls stepping in to buy the dip. Key points:  Profit-taking near Bitcoin’s range highs aligns with traders’ previous reaction to new all-time highs.  Dip-buying near key liquidation zones and consistent institutional investor demand suggest the sell-pressure won’t last long. …

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