Several firms have filed applications for spot ether ETFs, including BlackRock. Original
Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
Day: January 12, 2024
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
Vanguard blocks spot Bitcoin ETF purchases
Asset manager Vanguard will not allow the purchase of spot Bitcoin (BTC) ETFs on its platform. A Jan. 11 Wall Street Journal report claims Vanguard has no plans to offer new instruments on its brokerage platform because they do not match its traditional offerings. “Our perspective is that these products do not align with our offer focused on asset classes such as equities, bonds, and cash, which Vanguard views as the building blocks of a well-balanced, long-term investment portfolio.” Vanguard statement Tony Spencer, one of Vanguard’s clients, noted that a…
PEPE soars 16%, Sponge also rallying
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE has surged over the past 24 hours as the meme coin market progresses. Currently, PEPE is up 16.95% on Jan.11 and 19.31% this week. Meanwhile, Sponge V2 is also surging ahead as its pre-launch buy-and-stake campaign nears $4 million. PEPE rallies A rising tide lifts all boats, and this is the case for meme coins as the newly announced spot Bitcoin ETF immediately shifted focus to altcoins. With…
‘Perfect Storm’ Event To Slingshot Bitcoin To $1M
Crypto aficionados should have more reasons now to be upbeat. Samson Mow, prominent figurehead and former CSO at Blockstream, has ignited the Bitcoin landscape with a new, audacious prediction for the king of digital currencies. He envisions a colossal price surge, aptly named the “Omega Candle,” culminating in a staggering $1 million per coin milestone. This prophecy arrives alongside the recent approval of spot Bitcoin exchange-traded funds (ETFs) in the US, sending ripples of excitement through the market. OMEGA IS COMING. #Bitcoin pic.twitter.com/CrJRkmFCym — Samson Mow (@Excellion) January 11, 2024…
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed. Original
Do Kwon Wants To Delay SEC’s Terraform Trial so That He Can Attend It
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
BNB Price Prediction – Why Bulls Could Aim Fresh Rally To $350
BNB price is holding gains above the $300 pivot level. It is showing positive signs and might rally toward the $350 resistance zone. BNB price is moving higher above the $300 resistance. The price is now trading near $310 and the 100 simple moving average (4 hours). There is a key declining channel or a bullish flag pattern forming with resistance near $325 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move up if there is a clear move above $315…
Analyst predicts highest Cardano surge in 208 days
Crypto analyst LuckSide Crypto suggests that the price of Cardano might just be getting started after recovering from the latest drop, as stated in a new Jan. 11 analysis. Looking at the charts, LuckSide Crypto highlights that Cardano (ADA) reached $0.60 during the video release, following positive news of a spot Bitcoin ETF approval. ADA price has since seen a double-digit surge, gaining dominance alongside other altcoins against Bitcoin (BTC). However, the analyst shares that the reason he predicts the market is just getting started comes down to what the money…
Ethereum Price Holds Ground As Indicators Suggest Rally To $2,800
Ethereum price climbed higher above the $2,600 resistance. ETH outpaced Bitcoin and is holding gains above the $2,580 support zone. Ethereum extended its increase above the $2,650 resistance zone. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a downside correction if there is a move below the $2,580 support. Ethereum Price Eyes More Upsides Ethereum price remained in a positive…