Charles Schwab to Launch Bitcoin and Ether Spot Trading, CEO Confirms

Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster. In an interview with CNBC on Friday, Wurster said Schwab clients already hold significant exposure to crypto via exchange-traded products (ETPs), owning more than 20% of the industry’s crypto ETP market. However, he noted that crypto still represents a relatively small portion of clients’ total wealth, around $25 billion out of $10.8 trillion. “We anticipate launching Bitcoin (BTC) and Ether (ETH) sometime soon so that our clients have access to that,”…

Sharplink Gaming Files to Sell $5B in Stock for Ether Purchases

Sharplink Gaming Inc. has filed to sell up to $5 billion worth of additional common stock, primarily to fund the purchase of ether for its corporate treasury. Sharplink Expands Stock Offering to $6B Total The Minneapolis-based online gaming marketing company disclosed the plan in a Securities and Exchange Commission (SEC) filing this week. The new […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Here’s Why An Ether ‘Rapid Reversal’ Is Unlikely

Ether’s meteoric rally to $3,600 on Thursday is unlikely to retreat as long as two key macro conditions continue to hold, a hedge fund executive says. “All the hard data that arrived this week argues against a rapid reversal,” crypto hedge fund ZX Squared Capital partner Felix Xu told Cointelegraph on Thursday. ETFs are booming, and Fed uncertainty is bullish for Ether Xu pointed to the growing inflows into US spot Ether (ETH) exchange-traded funds (ETFs) as a significant catalyst for Ether’s continued price uptrend, pointing to Wednesday’s $727 million…

SharpLink Buys $49M of ETH for its Ether Reserve

NASDAQ-listed sportsbook marketing firm SharpLink Gaming bought nearly $49 million worth of Ether (ETH) on Sunday, as ETH prices soared past $3,000. The company, whose board is chaired by Ethereum co-founder Joseph Lubin, has been all-in on ETH since late May. This latest transaction brings SharpLink Gaming’s total treasury value to 198,300 ETH, worth nearly $608 million at time of writing. According to onchain analytics service Arkham Intelligence and blockchain explorer Etherscan, a wallet belonging to SharpLink Gaming received 16,370 ETH worth $48.7 million on Sunday, from a wallet likely…

BIG BOUNCE as C-Leg Hits, Bitcoin to $106k, XRP to $2.20, Recovery Phase to Escape Range

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…