The Bitcoin market could soon face a setback in its quest to achieve an exchange-traded fund (ETF), warns Bloomberg, recommending that investors stay wary of the Federal Reserve’s caution when it comes to cryptocurrency investments.
BlockFi is seeking to convert trade-only assets into stablecoins, according to a court filing. The company is asking a federal court to approve the move, which could provide more liquidity to digital asset holders.
Grayscale, the world’s largest digital asset manager, is now one step closer to launching a Bitcoin spot exchange-traded fund (ETF) after its application was allowed to progress by the SEC. With a new roadmap for success, its Bitcoin-backed ETF could be on the way soon.
SBI-owned crypto trading firm B2C2 is expanding its European presence with the acquisition of rival company Woorton. The deal is expected to boost B2C2’s market reach, creating a new combined force in the ever-evolving European digital asset ecosystem.
Bitcoin prices surged to an all-time high of $26.5K as trading volumes reached record levels in the U.S. market. First Mover Americas reports that the digital asset’s latest rally is being propelled by bullish sentiment, strong institutional demand, and increased trading activity.
The cryptocurrency market is in a state of turmoil and no one asset is safe. Litecoin investors, in particular, have been dealt a crushing blow as the pair recently formed an ominous bearish crossover.
The beloved Shiba Inu coin (SHIB) has once again made headlines! This popular dogecoin alternative rocketed 15% in the last 24 hours, meaning that investors who got in early are reaping the rewards. Here, we explore the three key reasons for the immense surge in popularity.
Following months of rapid growth, Bitcoin ordinals trading has dropped precipitously in recent weeks. Digital asset analysts and industry professionals are now trying to ascertain just how bad the decline has been.
Binance, the world’s largest crypto exchange, has announced the removal of nine tokens from its platform. The tokens, from a variety of projects, will be removed due to their inactivity and low liquidity.
Despite a significant surge in BTC trading prices and transactions, Ethereum’s Ether has remained relatively flat while its founder Vitalik Buterin transfered $1M to Coinbase. This transfer has been seen as yet another indication of the booming cryptocurrency market.