The post US Dollar volatile trading despite thin liquidity and year-end flows appeared on BitcoinEthereumNews.com. Most Recent Article: US Dollar reverses its course despite negative Jobless Claims The US Dollar gapped opened on Thursday after a big miss on the Richmond Manufacturing Index. Equity markets are steady while US bond markets are seeing substantial buying. The US […]
CryptoQuant Sound Alarm: Spot Bitcoin ETF Approval May Trigger Drop To $32,000, Here’s Why
A recent report from CryptoQuant has sparked discussions, suggesting that a Bitcoin spot exchange-traded fund (ETF) approval by the US Securities and Exchange Commission (SEC) could lead to a significant market event. This possibility arises amid the Bitcoin (BTC) price stabilizing above $40,000, leaving many market participants sitting on substantial unrealized profits. The report by […]
Bitcoin ETFs Surge As Cathie Wood Dumps Grayscale Trust
Cathie Wood, Ark Investment Management LLC’s star fund manager and founder, has overhauled her Bitcoin-related holdings in one of her flagship exchange-traded funds (ETFs). The ARK Next Generation Internet ETF (ARKW) sold all of its shares in the Grayscale Bitcoin Trust (GBTC) on Wednesday, December 27, 2023. GBTC is a private trust holding Bitcoin and issuing shares that trade on […]
Worldcoin Enables Singapore Residents to Verify ‘Humanness’
After temporarily scaling back in India, Worldcoin has launched its services in Singapore. According to the latest announcement, individuals in Singapore will be able to verify their “unique humanness” at an Orb. The move follows the release of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline in mid-December. Worldcoin’s Worldwide Expansion […]
Coinbase International sets perpetual futures leverage limit to 10x
Coinbase International Exchange said on Dec. 28 that it has set leverage limits to 10X on its various perpetual future contracts. The company said in a post on X: “Did you hear? We upgraded our leverage to 10x on all perpetual futures contracts, empowering you to execute more efficient trading strategies.” In an attached help […]
LINK and MKR stir investor interest: Here’s why
LINK was up by 12% in the last 24 hours, but a few market indicators were bearish. MKR’s market indicators looked bullish, as they suggested a price rise. As we enter the concluding days of 2023, several tokens, such as Chainlink [LINK] and Maker [MKR], are witnessing newfound interest, as several new wallets started to […]
Bloomberg analyst corrects key misconception
The post Bloomberg analyst corrects key misconception appeared on BitcoinEthereumNews.com. The choice of a “cash create” redemption model for spot Bitcoin (BTC) ETF as mandated by the United States Securities and Exchange Commission (SEC), has birthed some misconceptions in the industry, prompting Bloomberg’s Senior ETF Analyst James Seyffart to take out time to correct a […]
Why central banks are scrapping old inflation predictions – Cryptopolitan
The post Why central banks are scrapping old inflation predictions – Cryptopolitan appeared on BitcoinEthereumNews.com. The era of straightforward economic forecasting by central banks seems to be taking a back seat. Gone are the days when a single projection could encapsulate the financial future. Central banks worldwide, including the Bank of England (BoE) and the […]
Investors Beware: Approvals for Spot Bitcoin ETFs May Turn into a ‘Sell the News’ Event!
The post Investors Beware: Approvals for Spot Bitcoin ETFs May Turn into a ‘Sell the News’ Event! appeared on BitcoinEthereumNews.com. – Advertisement – According to a recent report by CryptoQuant, the potential approval of a spot Bitcoin ETF could turn into a ‘sell the news’ event. CryptoQuant analysts added that Bitcoin miners are also making […]
Cathie Wood’s ARK ETF Overhauls Bitcoin Portfolio: ProShares In, Grayscale Out
The post Cathie Wood’s ARK ETF Overhauls Bitcoin Portfolio: ProShares In, Grayscale Out appeared on BitcoinEthereumNews.com. In a significant shake-up of its Bitcoin (BTC)-related holdings, Cathie Wood’s ARK Next Generation Internet exchange-traded fund (ETF) has made strategic changes as BTC ends the year with a significant 156% surge. According to a Bloomberg report, the ETF […]