Asset managers are currently expressing optimism regarding the potential approval of the first U.S. ETFs directly investing in Ethereum by the Security and Exchange Commission (SEC), with expectations of approval possibly by mid-July. The SEC has given ETF applicants a deadline until July 8 to submit updated paperwork and amended S-1s, with potential additional rounds
Crypto
Bitcoin’s price has recently experienced a 15% decrease since hitting an all-time high in mid-March. This dip has caused uncertainty among investors and traders, wondering if the bullish trend is coming to an end. One important metric to consider is the Fear and Greed Index, which reflects investor sentiment in the market. With the index
In the midst of the year 2024, Bitcoin and Ethereum have emerged as the standout assets, outperforming traditional investments like the Nasdaq, S&P 500, oil, gold, the U.S. dollar, and government bonds. According to a recent update from Matrixport, these two cryptocurrencies have once again taken the lead among various asset classes. The approval of
Artificial intelligence (AI) has become an integral part of our lives, with various applications ranging from chatbots to content filtering. However, the concept of AI censorship is raising concerns among experts, including Charles Hoskinson, the co-founder of Cardano. Charles Hoskinson highlighted the issue of AI censorship, emphasizing that the alignment training associated with it is
Recently, Keith Gill, also known as “Roaring Kitty,” made headlines for his involvement in the GameStop stock market frenzy that occurred in early 2021. However, Gill is now facing securities fraud claims as a class-action lawsuit has been filed against him in the Eastern District of New York. The lawsuit alleges that Gill engaged in
The month of June was a tumultuous one for the price of Bitcoin, seeing a lot of volatility. The price action was ultimately resolved to the downside, with bears managing to push it down by 7.12%. Despite reaching highs of $72,000 and lows of just over $58,000, sellers were able to dominate, resulting in a
Market analysts are closely monitoring key on-chain metrics that could potentially indicate a bottom in the bitcoin price and a resurgence in the cryptocurrency market. Signals such as higher bullish momentum, rising demand for bitcoin, and faster growth in stablecoin liquidity are all factors that experts are watching closely. The CryptoQuant report highlights the significance
The European Central Bank (ECB) recently provided an update on its progress towards implementing a digital Euro Central Bank Digital Currency (CBDC) by October 2025. While the ECB claims that privacy and data protection are top priorities, there are concerns about the potential for increased surveillance and control by central banks. The implementation of a
Ethereum has experienced a 3% decline this week, with buyers struggling to defend the $3,500 support level. The ongoing pressure from sellers has put ETH in a clear downtrend, as evidenced by the lower lows in the past five weekly candles. To reverse this trend, Ethereum needs to surpass the $3,700 mark and challenge the
T-Rex Group, a financial services company, recently filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This move has raised concerns as the fund is being considered potentially the most volatile ETF in the country. The objective of the fund, named ‘T-Rex 2X Long MSTR Daily Target ETF,’ is to
