A Golden Opportunity For Ethereum? 600% Buy Signal Returns
Ethereum has formed a “golden cross” pattern on the 1-week timeframe, marking the second such signal this year. While the long-term implications
Read MoreEthereum has formed a “golden cross” pattern on the 1-week timeframe, marking the second such signal this year. While the long-term implications
Read MoreFTT, the native token of the FTX ecosystem, rallied by 180% last week, emerging as one of the top performers. The rally, Kaiko, a blockchain analytics platform observes, was primarily due to comments by the stringent United States Securities and Exchange Commission (SEC) leader that the FTX 2.0 relaunch is
Read MoreAnother reason a U.S. spot bitcoin ETF is such a big deal is because of its advantages over other trading vehicles and the resulting increased likelihood of greater adoption. Relative to spot, futures, proxy stocks, OTC-traded trusts, and private funds, ETFs offer a unique and advantaged combination of fees/transaction costs,
Read MoreMorris noted that during BTC’s latest corrective move, the crypto held above the key $25,000 level, which capped the price between May 2022 and March 2023.” If we can hold that $25,000 level, which we probably will, BTC is very much in a bull market, albeit a quiet one,” he
Read MoreVolatility Shares, a financial firm offering a range of exchange-traded fund (ETF) products, has cancelled its plans to launch an Ethereum futures ETF on Oct. 2, citing changes in the market. In an email with Cointelegraph, the company’s co-founder and president, Justin Young, confirmed the cancellation:“You are correct, we did not
Read MoreThe crypto industry is expected to transition from a "cottage industry" with $50 billion of managed assets to a "formal, regulated asset management industry with $500-650 billion of assets over the next five years," analysts led by Gautam Chhugani wrote. Source
Read MoreThe chief executive of Grayscale, a leading digital asset management firm, believes that the United States has a significant opportunity to dominate
Read MoreIn July, a United States judge ruled that Ripple Labs’ XRP (XRP) token was not a security when sold to the public on secondary markets. While the Securities and Exchange Commission will contest the decision, the broader cryptocurrency community has embraced it, as crypto trades on exchanges might sidestep the
Read MoreBitcoin stands at the edge of a bearish breakdown, with a small possibility that the $25,000 support level could hold.On Sept. 11, Bitcoin (BTC) broke from its parallel range between $25,500 and $26,500, falling to an intraday low at $24,950. A daily close below $24,750 threatens a drop to the
Read MoreThe gap between Bitcoin’s price and GBTC shares has narrowed after the SEC rejected Grayscale’s application to convert its trust into an exchange-traded fund (ETF). In the last year, many investors reportedly profited from the anticipation that the U.S. Securities and Exchange Commission (SEC) would greenlight a product directly pegged to
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