The Chief Compliance Officer of Bitwise, Katherine Dowling, recently expressed optimism regarding the approval of spot Ethereum ETFs. According to Dowling, discussions with the SEC have been promising, with the regulatory body showing a welcoming attitude towards such products. She highlighted that the SEC and ETF issuers have been making progress by addressing fewer issues
strategic
Aayush Jindal is a prominent figure in the realm of financial markets, boasting a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His reputation precedes him as an expert in technical analysis, serving as a trusted advisor and senior market expert to investors globally. Since a young age, Aayush has demonstrated
Taiwan Mobile, the second-largest telecom operator in Taiwan, has recently made a significant move by applying for a license to operate as a Virtual Asset Service Provider (VASP). This decision has placed them as the 26th VASP in Taiwan, highlighting their compliance with Money Laundering Prevention Laws. With Lin Zhichen, the company’s General Manager, named
VanEck’s Head of Digital Assets Research, Matthew Sigel, recently confirmed that the company’s Solana spot ETF proposal is betting on Donald Trump winning the US presidency. The proposal’s deadline is set for March 2025, well after the November US Presidential elections. Sigel’s confirmation of this speculation raises interesting questions about the company’s strategy and the
Sony Group, a prominent conglomerate based in Japan, has made a significant move by announcing the acquisition of Amber Japan and its WhaleFin exchange. This acquisition marks Sony’s entry into the world of cryptocurrency exchanges, with plans to rebrand WhaleFin as S.BLOX Co. As part of this partnership, Sony aims to revamp the exchange’s user
Recent data analysis provided by CryptoQuant has shed light on the current on-chain behavior of XRP that stands out amidst the broader market uncertainty. This unique behavior is particularly intriguing due to the increased open interest in XRP compared to other cryptocurrencies, hinting at a potential significant price movement for XRP. Open interest, as defined
The recent Bitcoin price crash below $66,000 has left many market participants in shock, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop, analysts are not optimistic about the future trajectory of the cryptocurrency. Crypto analyst Ali Martinez has expressed concerns that Bitcoin may still have further to fall,
In the current landscape of the cryptocurrency market, Bitcoin has emerged as a beacon of stability amidst significant turbulence. As investors navigate through market uncertainty, Bitcoin’s dominance has surged to a nine-week high of 57%. This shift in investor behavior towards Bitcoin, which is perceived as a safer asset within the digital currency ecosystem, has
Prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin despite the flagship crypto’s recent setback. In a recent X post, he suggested that Bitcoin could rise as high as $300,000 based on his logarithmic growth channel (LGC) indicator. According to the chart he shared, BTC’s rally to this unprecedented price level
In a move to bolster security measures and enhance compliance capabilities, BloFin Exchange, a well-known cryptocurrency trading platform, has partnered with the Chainalysis blockchain data platform. This integration is seen as a significant step towards ensuring the safety of the assets belonging to BloFin’s global user base. With over 320 contract trading pairs and 100