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Will Ethereum Spot-ETF Approval Trigger A 30% Ether Price Drop? Bitcoin And Other Crypto-Related Stocks Reacting Negatively in Premarket Amid Fears
Monday, June 24, 2024 - 7:08am | 791Crypto-related stocks including Coinbase Global (NASDAQ:COIN), MicroStrategy Inc. (NASDAQ:MSTR), Marathon Digital Holdings (NASDAQ:MARA) and others showed subdued reactions to Nate Geraci, president of The ETF Institute, anticipating approvals for spot Ethereum (CRYPTO: ETH) this week. However,...
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Ark 21Shares Updates Ethereum ETF Proposal: Staking, Cash Creation On Table
Wednesday, February 7, 2024 - 4:52pm | 489Ark 21Shares has updated its application for a spot Ethereum (CRYPTO: ETH) ETF, introducing new sections on potential staking and adjustments similar to those in its Bitcoin (CRYPTO: BTC) ETF proposal regarding cash creation. What Happened: Scott Johnsson, a general partner at Van Buren,...
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Bitcoin Analyst Says King Crypto Will Surpass $70,000 In 2024: 'ETF Juggernaut'
Tuesday, February 6, 2024 - 12:56pm | 538Analysts at investment firm Bernstein project a promising future for Bitcoin (CRYPTO: BTC), anticipating its price to exceed the previous high of $69,000 and potentially reach $70,000 this year. Despite not expecting a smooth, volatility-free ascent, the firm sees a favorable risk-reward balance...
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Standard Chartered Expects Ethereum ETFs Approval By May 23, Predicts $4k Price Target
Wednesday, January 31, 2024 - 12:07pm | 477Standard Chartered expects the Securities and Exchange Commission (SEC) to handle spot Ethereum (CRYPTO: ETH) ETF applications in the same way it handled Bitcoin (CRYPTO: BTC) ones and approve pending applications by May 23. In a research report released Tuesday, Standard Chartered...
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Bitcoin Pressure Eases As Profit-Taking Party Winds Down, JPMorgan Examines GBTC
Friday, January 26, 2024 - 9:32am | 649The Grayscale Bitcoin Trust (OTC: GBTC) has likely experienced the majority of its profit-taking, suggesting a potential reduction in downward pressure on Bitcoin (CRYPTO: BTC) prices. What Happened: JPMorgan (NYSE: JPM) analysts, led by market strategy managing director Nikolaos Panigirtzoglou,...
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Betting On Bitcoin: SEC Opens Floor For Opinions On BlackRock ETF Options
Friday, January 19, 2024 - 5:56pm | 575The U.S. Securities and Exchange Commission (SEC) has opened the floor for public input regarding a Nasdaq proposal, which seeks to enable options trading on BlackRock's (NYSE: BLK) spot Bitcoin (CRYPTO: BTC) ETF. The public comment period, set to last for 21 days, was announced through a...
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Raoul Pal Spills Secrets: How To 'Make Life-Changing Money' In Crypto Within 2 Years
Thursday, January 18, 2024 - 12:23pm | 714Macro investor Raoul Pal is predicting "life-changing wealth creation" in the crypto space over the next few years. "This crypto opportunity is literally the perfect macro opportunity of a lifetime," he said Thursday. "It's a very high probabilistic outcome that...
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Will SEC's Comment Period On Fidelity's Spot Ethereum ETF Application Lead To Regulated Investment Options?
Thursday, November 30, 2023 - 7:10pm | 441The U.S. Securities and Exchange Commission (SEC) opened a forum for the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ethereum (CRYPTO: ETH) exchange-traded fund (ETF). What Happened: In an official notice,...
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Crypto Experts On Binance CEO Resignation: Exchanges Out, Big Players In For Bitcoin, Ether ETFs
Tuesday, November 21, 2023 - 3:12pm | 518With Binance (CRYPTO: BNB) CEO Changpeng Zhao's resignation Tuesday on the heels of a U.S. Justice Department investigation, the field is clear for large institutions to take over the Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) ETFs market, observers say. What Happened: Investor Mike Alfred...