SEI Token, the native cryptocurrency of the Layer-1 blockchain network Sei, has been showing a strong recovery jumping 20% in the last 24 hours and reaching $0.75 once again. Amid the altcoin bull run, the SEI token price has surged 170% over the last month. The SEI Token Rally Sei (SEI), the native token of […]

As the deadline for SEC action on Bitcoin ETF applications approaches, Reggie Browne, GTS’s Head of ETF Trading, predicts a potential premium of 8% above Net Asset Value (NAV) for a Spot Bitcoin ETF. Meanwhile, Browne emphasizes the complexity arising from U.S. broker-dealers unable to trade Bitcoin directly, potentially causing trading hurdles. However, despite expectations […]

CleanSpark Inc., a Nasdaq-listed Bitcoin miner, has secured an agreement to purchase up to 160,000 Bitmain S21 miners. The company noted in a press release on Monday that the acquisition can move CleanSpark to a 50 EH/s hashrate. The release comes days after CleanSpark revealed plans for an in-house trading desk this year to boost returns from its significant […]

The Commodity Futures Trading Commission’s (CFTC) Digital Assets and Blockchain Technology Subcommittee has unveiled a detailed report titled “Decentralized Finance.” The report, released with the sponsorship of CFTC Commissioner Christy Goldsmith Romero, aims to shed light on the emerging issues surrounding digital assets, particularly within the decentralized finance (DeFi) space. CFTC Commissioner Emphasizes Need for […]

XRP, one of the most prominent cryptocurrencies across the crypto market, gained significant traction on Tuesday following a massive whale transfer noted by the token. The whale activity, showcasing the transfer of nearly 26 million XRP, caught the eyes of crypto market enthusiasts globally as it emerged amid a price surge recorded by the Ripple-backed […]

In an unexpected turn of events, the United States Securities and Exchange Commission (SEC) issued additional comments on pending applicants’ form S-1s as part of the spot Bitcoin ETF applications. This came amid high hopes of an approval announcement anytime before the January 10, 2024 deadline. Also Read: Thailand Approves ‘Digital Wallet’ Plan of $14Bn […]

The approval of the first spot Bitcoin ETF in the US seems to be almost imminent with the Bitcoin price rallying all the way to $47,000 on Monday, January 8. However, the Bitcoin rally cools down as the BTC price seems to be consolidating around the $46,500 level. Bitcoin Options Market Give Mixed Signals Recent […]

The cryptocurrency market made a stellar comeback on Monday, with Bitcoin thundering past $47,000 for the first time in almost 2 years as anticipation grew about the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the US. The OG cryptocurrency Bitcoin rose sharply from $43,280 in early morning trade in Asia to $47,193 […]

The world’s largest cryptocurrency Bitcoin (BTC) surged past $47,000 on Monday, as issuers such as BlackRock, Fidelity, and others updated their paperwork with the U.S. Securities and Exchange Commission (SEC). VanEck Seeds its Bitcoin ETF With $72.5 Million Those looking to issue spot Bitcoin Exchange-Traded Funds (ETFs) have revealed additional information about their initial funding […]

Amid high anticipation of the United States Securities and Exchange Commission (SEC) approving the spot Bitcoin ETF applications, the ETFs from two of the 11 ETF applicants, WisdomTree and VanEck, have been listed on the Depository Trust & Clearing Corporation (DTCC). This comes just 48 hours before the SEC’s deadline to take a decision on […]