Standard Chartered Predicts Bitcoin Spot ETFs Could Spark $100 Billion Inflow, Drive Price to $200,000
Standard Chartered Bank is setting off bullish fireworks in the cryptocurrency world, predicting a potential tidal wave of investment fueled by the long-awaited approval of spot Bitcoin ETFs. In a recent report, the bank anticipates these ETFs attracting staggering inflows…
Bitcoin Breaches $47K as Spot ETF Speculation Heats Up: Is Approval Imminent?
Bitcoin (BTC) has surged past $47,000 for the first time since April 2022, fueled by mounting anticipation of a potential green light from the U.S. Securities and Exchange Commission (SEC) for a spot-based Bitcoin ETF. The latest rally marks an…
Behind the Scenes: Challenges Threatening Bitcoin ETF Approval
Despite the anticipation among crypto enthusiasts for the spot Bitcoin ETF approval from the SEC, Peter Dunworth, from The Bitcoin Adviser, has expressed doubts regarding the expected approval of multiple ETFs by January 10th. Recently, he shared his insights on…
SEC Warns Against FOMO-Fueled Crypto Frenzy as Bitcoin ETF Decision Looms
Just days before a potential landmark decision on spot Bitcoin exchange-traded funds (ETFs), the U.S. Securities and Exchange Commission (SEC) is urging investors to approach the crypto market with a cautious eye, wary of the seductive sirens of fear of…
2023’s Top 10 Crypto Hacks and Heists: $1.7B Lost
The cryptocurrency industry faced a significant decrease in crypto hacks and protocol exploits in 2023 compared to the previous year. According to TRM Labs, hackers stole an estimated $1.7 billion in cryptocurrency this year, less than half of the $4…
Gamma Strategies Hack: A Negotiation Gamble Shakes DeFi
The serene world of DeFi faced a jolt on January 4th when Gamma Strategies, an Ethereum liquidity management protocol, encountered a $3.4 million hack. However, their response deviated from the norm – rather than pursuing legal action or typical defensive…
Boom in December Jobs: Rate Cuts on Hold?
Boom in December jobs defied expectations, leaving economists and investors scratching their heads. The labor market added a robust 216,000 jobs, surpassing forecasts of 175,000 and marking a jump from November’s 173,000. Unemployment held steady at 3.7%, defying predictions of…
Grayscale’s Milestone: First US Spot Bitcoin ETF Filing
In a pivotal step for the cryptocurrency industry, Grayscale Investments, a subsidiary of Digital Currency Group, has filed form 8-A and securities registration for a US spot Bitcoin ETF with the Securities and Exchange Commission (SEC). This proposed ETF, with…
Fed Hints at Dovish Pivot, But Rate Cut Horizon Hazy
In a move that sent markets soaring, the Fed signals a potential shift in its monetary policy stance during its final meeting of 2023. While officials agreed to hold interest rates steady for now, the minutes released Wednesday revealed a…
Bitcoin ETF Turnaround: From SEC Rejection Fears to Approval Buzz
Just as whispers of regulatory doom for Bitcoin ETFs cast a shadow over the crypto market, a glimmer of hope from Fox News has sent Bitcoin rocketing back above $43,000. The latest twist in this rollercoaster saga has left investors…