SEC Chair Gary Gensler recently discussed the timeline for spot Ethereum ETF launches, suggesting that it will depend on how quickly applicants respond to the regulator’s questions and comments on reasons for approvals. He emphasized that firms are “self-motivated” to address SEC comments and can determine their responsiveness. Gensler mentioned that Grayscale’s legal win, which
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In the world of cryptocurrency trading, centralized exchanges (CEXs) have long been the dominant players. Despite the increasing popularity of decentralized platforms, CEXs continue to hold a significant share of the market. These exchanges not only facilitate the buying and selling of cryptocurrencies but also provide valuable insights into market sentiment through the analysis of
The recent surge in inflows into US spot Bitcoin Exchange-Traded Funds (ETFs) has caught the attention of market participants and analysts alike. Over the past 17 days, these ETFs have experienced a remarkable streak of net additions, with a particularly notable day seeing inflows of $886.6 million – the second-highest single-day influx since their inception.
Dogecoin has seen an impressive surge in value recently, breaking through the $0.160 resistance zone against the US Dollar. This upward trend indicates a potential move above $0.1650, which could signal further gains for DOGE in the near future. The price is currently trading above the $0.160 level and the 100-hourly simple moving average, showcasing
XRP price is gradually showing an upward trend above the $0.5200 mark. However, there are significant hurdles near $0.5320 that may cause a correction in the near future. The price is struggling to break above the $0.5250 zone and is currently trading above $0.5220 with the 100-hourly Simple Moving Average indicating a positive movement. Possible
In the midst of a market characterized by bullish momentum and various cryptocurrencies hitting new all-time highs, XRP has found itself stuck in a consolidation phase for the past couple of months. Despite this period of stagnation, recent positive developments within Ripple, the blockchain payment company connected to XRP, have reignited speculation about a potential
Bybit recently made the decision to remove China from the list of countries whose citizens are restricted from using its services. This move came as a surprise to many in the crypto industry, considering China’s strict regulatory stance towards cryptocurrencies. Despite China’s anti-crypto stance and previous prohibitions on crypto transactions and mining activities, Bybit has
BNB (BNB) recently experienced a breakout from the consolidation area, signaling a possible significant upward trend. This breakout is a positive indication that the market is recovering strongly, instilling optimism among traders and investors. The fact that BNB surpassed the $700 mark is a clear sign of the bullish momentum. Over the past 24 hours,
XRP price has been displaying a gradual upward trend above the $0.5120 zone, hinting at a possible major increase if it manages to surpass the $0.5320 resistance level. The cryptocurrency is currently striving for an upward push above the $0.5220 mark, trading above $0.520 and the 100-hourly Simple Moving Average. A connecting bullish trend line
Bitcoin, the mysterious digital currency, is once again making headlines as the US banking system faces increasing pressure. Some experts believe that Bitcoin could reach $1 million per coin, driven by economic uncertainties, while others remain cautious. Supporters of Bitcoin argue that its limited supply and decentralized nature make it an ideal safe haven asset.