Wall Streets embrace of cryptocurrencies appears to be expanding beyond established players like Bitcoin. Investment firm VanEck, on Thursday, filed with the SEC to launch the first U.S. Spot Solana ETF directly tied to the spot price of Solana, a…
26th April experienced a dip in US Bitcoin ETF outflows for the third consecutive day, indicating a decline in investor interest and contributing Bitcoin wobble around the $63,000 mark. Recent data illustrates a tumultuous scenario characterized by mixed signals and…
In a move that could reshape Hong Kong’s financial landscape, Mox Bank, the city’s leading virtual bank, has announced plans to launch virtual asset investment services by the second half of 2024. This groundbreaking initiative promises to bridge the gap…
The cryptocurrency markets are abuzz with excitement as the Bitcoin price surge gathers momentum during a bullish charge propelled by a storm of positive developments. Spot Bitcoin Exchange-Traded Funds (ETFs) are adding fuel to the fire, injecting massive liquidity into…
In a notable development, Bitcoin has broken free from a consolidation phase, experiencing a 4.37% surge in the last 24 hours. The leading cryptocurrency is presently trading at $46,574.52, propelling its market cap to an impressive $913 billion. This surge…
South Korea’s financial regulatory landscape is set for a pivotal dance, with the head of the Financial Supervisory Service (FSS), Lee Bok-hyun, preparing to waltz with the US Securities and Exchange Commission (SEC) over key matters in the crypto realm….
Grayscale, once the undisputed leader among cryptocurrency investment trusts, is now confronting a significant challenge. Despite obtaining approval for the highly sought-after US Spot Bitcoin ETF, its flagship Grayscale Bitcoin Trust (GBTC) has experienced a notable outflow of $594 million…
In a surprising turn of events, the highly anticipated spot Bitcoin ETFs approval has not led to the expected Bitcoin price surge. Instead, Bitcoin has plummeted by 8.78% since the close of 10 Jan 2024, defying market expectations. This unexpected…
The Great Bitcoin ETF War has taken a dramatic turn as two financial titans, BlackRock and Ark Investment Management, brandished their swords: lower fees. With the US Securities and Exchange Commission (SEC) poised to rule on a slew of ETF…
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…
