Altcoins are feeling the heat amid the spot Bitcoin exchange-traded fund (ETF) approval saga. Following the fake news posted on Tuesday after the Securities and Exchange Commission (SEC) X account was hacked, Bitcoin price briefly rallied above $47,000 leaving out most top altcoins except Ethereum. Soon after the fake ETF approval news was deleted, BTC […]
Ethereum Price Prediction: Whale Accumulation Surges Ahead of Spot BTC ETF; Is $3K Near?
Ethereum Price Prediction: Ethereum, the second-largest cryptocurrency, currently shows a lack of bullish momentum contrary to the generally bullish sentiment around Bitcoin spot ETFs. The ETH price has been resonating between the $2400 and $2140 horizontal levels for the past five weeks, with the overhead supply preventing the buyers from a higher rally. Will potential […]
HashKey COO Reveals 10 HK Firms Eyeing Spot Crypto ETFs
Livio Weng, the Chief Operating Officer of HashKey, a Hong Kong licensed crypto exchange, has recently shed light on the city’s burgeoning interest in cryptocurrency investment products. In a move signaling growth in the crypto sector, Weng disclosed that approximately ten asset management firms are actively exploring the possibility of launching spot crypto ETFs in […]
Shiba Inu Price Drawdown Continues Ahead of Spot BTC ETF, Buying or Selling The News?
Shiba Inu is struggling to stay buoyant on Wednesday after volatility spiked due to fake spot Bitcoin exchange-traded fund (ETF) news. Most altcoins including SHIB continued with the retreat from Monday, unaffected by the Bitcoin price brief move above $47,000. However, investor reaction to the fake news has kept the crypto market generally depressed, with BTC leading […]
Bonk Price Prediction As Chart Pattern Hints End of Correction, Is $0.000025 Within Reach?
Bonk Price Prediction: The Solana-based memecoin Bonk has recently witnessed a significant inflow which led to a bullish from $0.00000934 low. In the last three days, the coin value surged 53.6% to currency traded at the $0.0000142 mark. This rebound appears to be influenced by the announcement of BONK being listed on the OKX cryptocurrency […]
Fundstrat’s Tom Lee Sees Bitcoin (BTC) Price Hitting $150K in 12 Months
In a recent interview on CNBC Squawk Box, Tom Lee, co-founder of Fundstrat, made bold predictions about Bitcoin price, stating that he believes the cryptocurrency could hit $150,000 within the next 12 months. Tom Lee’s Bitcoin Price Prediction Lee attributed this potential surge in Bitcoin price to an increase in demand, especially if the U.S. […]
SEC Chair Gary Gensler To Get More Letters On ETF Blunder Today
On Tuesday, January 9, U.S. Senators, JD Vance and Thom Thrills sent a letter to the Securities and Exchange Commission (SEC) demanding an answer to the recent X account hack and Bitcoin ETF approval farce. In addition, according to Fox Journalist, Eleanor Terrett, more congressional letters are set to hit SEC Chairman Gary Gensler’s inbox. […]
MAS Seeks To Broaden Investigative Authority, Engulfs Bitcoin Futures
In a strategic move to regulate digital assets more effectively, the Monetary Authority of Singapore advanced further with its cryptographic regulatory venture, stirring a whirlpool of speculative buzz across the Singaporean crypto landscape. Notably, according to a statement released by the authority on Wednesday, the MAS is now setting its sights on attaining broader investigative […]
Bitcoin ETF: India’s Big Chance Due to Strong Crypto Demand, Says Exchange VP
The U.S. Securities and Exchange Commission (SEC) is on the verge of approving the first-ever Bitcoin Exchange Traded Fund (ETF). Bloomberg’s senior analyst Eric Balchunas confirmed that the trading of the spot ETFs will likely begin Thursday after a final go-ahead today. CoinGape spoke to Rajagopal Menon, VP at Indian crypto exchange WazirX about the […]
Breaking: BlackRock and ARK 21Shares Slash Bitcoin ETF Fees In New S-1 Filings
In a rising competition in the Spot Bitcoin ETF race, BlackRock and Ark Investments have engaged in a preemptive fee war, announcing reductions in the fees for their proposed Bitcoin exchange-traded funds (ETFs). Meanwhile, the recent S-1 filings reveal a strategic maneuver to attract investors, even before securing approval from the U.S. Securities and Exchange […]