The cryptocurrency market is witnessing rapid growth following the recent approval of Ether ETFs by US regulators. This decision has triggered a rush of new filings from asset managers eager to capitalize on this momentum. Bitcoin, the world’s leading cryptocurrency,…
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Coinbase Unit Fined £3.5 Million for Compliance Failures by FCA
A unit of Coinbase Global Inc., CB Payments Limited, was fined £3.5 million ($4.5 million) by the UK’s Financial Conduct Authority (FCA) for offering cryptoasset trading services to high-risk customers. This marks the first action of its kind from the…
Blackrock ETF Emerges the Number 1 ETF After a $526 Million Inflow in One Day
Blackrock ETF (IBIT) tops the market with an impressive $526 million inflow in 24 hours on the 22nd of July. This pushes this Bitcoin ETF to go more than 30 days without recording any negative net flow. In this article,…
Ethereum ETFs Finally Approved by SEC: New Era for Crypto Investing Begins Today
The SEC has given the green light for trading Ethereum ETFs starting today. This move exposes mainstream investors to the price movements of the world’s second-largest cryptocurrency. So, it was Eric Balchunas, Bloomberg’s senior ETF analyst who confirmed the news.…
Spot Ethereum ETF: ETH Could Go Over 300% if the ETFs are Approved?
The trading of Spot Ethereum ETF is on the way, and there are already speculations of ETH hitting a 300% increase. Below, we will explore comprehensively the ETH ETFs and the different opinions and predictions of their price increase. Spot…
Pompliano Bitcoin Forecast: ‘The Only Catalyst We Need for Bitcoin Is Time’ – Will the Market Prove Him Right?
In a recent interview with CNBC, Anthony Pompliano shared his insights about Bitcoin’s current market. Pompliano Bitcoin Forecast covers its dynamics and prospects. Here’s a detailed look into his perspective and what it could mean for Bitcoin’s future. Pompliano Bitcoin…
Over $660 Million Inflow for Spot Bitcoin ETFs in 3 Days: What Could Be Behind It?
Despite Bitcoin’s 14% downturn over the last month, long-term holders and investors are continuing to buy Bitcoin and its spot ETF. Below, we will look at the recent inflow of over $660 million in spot Bitcoin ETFs and the reasons…
Tom Lee Bitcoin Prediction: ‘Sharp Rebound’ – Will It Hit $150K by Year-End?
Tom Lee is the Global Advisers Managing Partner and CNBC Contributor. Tom Lee Bitcoin prediction anticipates a huge rebound in Bitcoin during the second half of the year. Lee, known for his accurate market predictions in a recent interview, discussed…
9 Major Banks Including BoA, Chase Settle $46 Million Lawsuit Over Market Manipulation
A significant legal battle has reached a turning point as nine of the world’s largest banks have agreed to a substantial settlement, concluding a lengthy lawsuit that accused them of colluding to manipulate a $465.9 trillion market. This landmark case…
Fidelity ETF Record a $117 Million Inflow While Grayscale Takes a $29 Million Loss
Between July 4th and 5th, Bitcoin saw a downturn, which reduced its price to less than $54k. However, Fidelity ETF led a comeback after receiving a massive inflow of $117 million, while Grayscale recorded an outflow of approximately $29 million.…