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There are currently 12 spo bitcoin ETFs in consideration by the U.S. Securities and Exchange Commission (SEC). The applications are from Grayscale, 21Shares & Ark, BlackRock, Bitwise, VanEck, WisdomTree (WT), Invesco (IVZ), Galaxy, Fidelity, Valkyrie, Global X, Hashdex and Franklin. Source
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Bitcoin’s (BTC) price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy Digital.In an Oct. 24 blog post, Galaxy Digital research associate Charles Yu estimated the total addressable market size for Bitcoin ETFs
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In response to Commissioner Hester Peirce’s expression of confusion about the rationale behind the SEC’s failure to greenlight a Bitcoin ETF, John E Deaton, a lawyer at Crypto-Law US, shares what this means for the public. One of the outcomes is the possibility that approval would occur before the end of
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In an Oct. 18 report from Chainalysis, Central, Northern and Western Europe were said to account for 17.6% of global transaction volume between July 2022 and June 2023. The only cryptocurrency economy that is said to be larger is North America. The UK takes the lead As part of growing trends for crypto
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Developers of Ethereum layer-2 nonfungible tokens (NFT) scaling solution Immutable (IMX) will delay the vesting of 125 million IMX in token rewards, worth $67 million at the time of publication, to July 2024.According to the October 17 announcement by Robbie Ferguson, Immutable's co-founder, the move is to enhance Immutable's long-term
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Meta intends to commercialize the Llama 2, its large language model (LLM), as it focuses on the metaverse as the bigger picture amid mainstream adoption of generative AI technologies. Meta Platforms Inc (NASDAQ: META) has undeniably enjoyed a profitable YTD with a strong interaction recorded in its family of applications. According
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FCA, the U.K.'s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the country. The paper touched on "how fund managers might adopt distributed ledger technology to offer fully digitised funds to the public," Alder said. Source
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Concerns around the actual relationship between Sam Bankman-Fried’s two companies, trading firm Alameda Research and crypto exchange FTX, led the founder to consider shutting Alameda in 2022, a series of unpublished posts revealed in the ongoing court trial show. Source
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On-chain data shows Ethereum whales have sold around 12 million in the cryptocurrency within the past year and have shown no signs
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