Bitcoin Mania on Wall Street: ETFs Soak Up 5% of Tradable Supply in 30 Days

Bitcoin mania hit Wall Street with full force as exchange-traded Funds (ETFs) absorbed a significant portion of the tradable supply. In just 30 days since the launch of the spot Bitcoin ETF, the cryptocurrency has surged back above the $48,000…

Crypto ETF Frenzy: Wall Street’s Gateway into Digital Assets

ETF marks the forefront of Anthony Pompliano’s recent insights within the crypto space. His perspective looks into Wall Street’s eagerly anticipated foray into cryptocurrency markets, prompted by the ETF’s imminent arrival. Pompliano’s observations illuminate the mounting excitement, cautious considerations amid…

BNY Mellon Offers New Crypto Asset Custody Platform

BNY Mellon, the world’s largest custodian bank, announced that it is now accepting select clients’ Bitcoin (BTC)and Ethereum (ETH) deposits.  The bank got approval from New York’s financial regulator to offer cryptocurrency custodial services this fall. BNY’s CEO of Asset…

The crypto dilemma: JP Morgan finally ‘looks into’ cryptocurrencies for adoption

Speaking during an extensive interview with CNBC News channel, Daniel Pinto- co-president at JPMorgan revealed that the company is currently looking at the cryptocurrencies space citing that the technology would play a significant role in the company moving forward. The…

New Index to Regulate Trading of Ethereum Futures at CME Group

Author – Sam Chicago-based CME group is living to the expectations of a large derivatives exchange company of its caliber. The operator is making preparations for a major milestone in the trading of a product in the ethereum futures. The…

Wall Street Company Plans to Establish Trading Platform for Bitcoin, Mainstream Adoption Imminent

Since the cryptocurrency media spotlight that started during the last quarter of 2017, mainstream adoption of cryptocurrencies has slowly begun. Just recently, reports say that Wall Street seriously considers profit making in the cryptocurrency market. According to Wall Street reports,…

Bitcoin hits Wall Street with a Bang via CME group

CME Group, the world’s largest traders of futures exchange and options has set a date to start trading BTC futures starting December 18th. While CBOE Futures Exchange has not yet provided a date yet. The Commodity Futures Trading Commission (CFTC)…