The recent regulatory filings show that the US SEC has delayed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs). This delay impacts proposals from investment firms such as VanEck, Ark Invest, Hashdex, Grayscale, and Fidelity. The addition of a staking component to the ETH ETF application by Grayscale and Fidelity has sparked
Crypto research firm Kaiko recently mentioned an ‘Alameda Gap’ that has been significantly affecting the Bitcoin and crypto market. This gap was a result of the collapse of the defunct crypto exchange FTX and its sister company Alameda Research, a major market maker providing liquidity to the market. Following Alameda’s collapse, market makers waited on
The recent Bitcoin price crash caught many crypto investors off guard, but some analysts, like Rent Capital, were able to predict it. Rent Capital’s analysis highlighted the established trend of Bitcoin experiencing a decline before its halving. Looking back at historical data, it is evident that Bitcoin typically sees a price drop of around 20%
The UK Financial Conduct Authority (FCA) has recently announced its intention to recover the equivalent of $8 million in costs related to the supervision of stablecoins and cryptocurrencies. The funds will be collected in the form of fees imposed on stablecoin issuers and digital asset custodians. The FCA specifically aims to recover £6.2 million ($7.9
In the current landscape of meme coins, FLOKI and SPONGE are heading in completely opposite directions. FLOKI has recently taken a hit, experiencing an 18% drop in value over the last 24 hours, with its price now sitting at $0.0001736. On the other hand, SPONGE seems to be on the rise, offering unique features and
Bitcoin recently experienced a significant crash, dropping to $64,000, and has been struggling to recover its momentum ever since. The crash had a ripple effect on the entire crypto market, leading to a decline in the prices of altcoins as well. One of the most devastating events occurred on the Seychelles-based exchange BitMEX, where Bitcoin
BitMEX recently found itself in the midst of an investigation due to strange activity involving a user selling large orders on its Bitcoin spot market. This rogue seller unloaded over 400 BTC on the exchange, causing the price of Bitcoin to plummet by 87% to as low as $8900. The platform quickly corrected the price,
Bitcoin, the flagship cryptocurrency, recently experienced a drop below the $63,000 mark after hitting a new all-time high of $73,750. This price correction has been attributed to various factors, with one of the main culprits being the impending Bitcoin Halving event. According to insights provided by crypto trader Rekt Capital, Bitcoin seems to be entering
The cryptocurrency market has seen its fair share of ups and downs recently, with many of the top digital assets experiencing significant losses. However, AVAX has managed to defy the odds and stand out as one of the most resilient cryptocurrencies in the current landscape. Despite a slight dip in price over the past 24
The Government Pension Investment Fund (GPIF) of Japan, known as the world’s largest pension fund with assets totaling $1.5 trillion, has made headlines by revealing its intent to explore diversified investment opportunities that include Bitcoin. This move represents a significant departure from its traditional investment approach, which has primarily focused on conservative asset classes. The