Cathie Wood, the CEO of Ark Invest, recently shared her insights on the future of Bitcoin Exchange-Traded Funds (ETFs). In a Yahoo Finance interview, she predicted that only three to four spot Bitcoin ETFs would survive in the long term. This forecast comes amidst the launch of 11 such ETFs, including one from Ark Invest, […]

The much-anticipated Bitcoin Exchange-Traded Fund (ETF) launch was met with excitement and skepticism. According to CNBC’s Ran Neuner, while the surface-level enthusiasm was palpable with $4.5 billion traded, a closer examination of the trade’s composition revealed a more nuanced reality. The event, which many anticipated would bring a surge of new capital into the Bitcoin […]

Cardano (ADA) has recently stood out in the crypto sphere, gaining notable traction in price surge. This surge is largely attributed to the positive ripple effect from Bitcoin’s spot ETF approval. The digital asset experienced a significant uplift, breaking past the $0.61 mark.  This marked a new weekly high, showcasing an impressive bullish trend with […]

A recent post about Bitcoin (BTC) on X by Jim Cramer has gotten the internet agog as viewers are no longer sure of what to expect from the American television personality who has made several conflicting predictions in the last few weeks. Cramer is Skeptical About Bitcoin His post statement on X reads “checking in […]

Grayscale Investments, a prominent crypto asset manager, is gearing up to face new challenges after the Securities and Exchange Commission’s (SEC) landmark approval of U.S. Spot Bitcoin exchange-traded funds (ETFs). Meanwhile, Chief Financial Officer Ed McGee sheds light on the financial impact, shifting responsibilities, and risk management strategies in an exclusive interview with WSJ. Notably, […]

Altcoins including Terra Classic rallied the most backed by the hype that followed the approval of spot Bitcoin exchange-traded funds (ETFs) for the first time in the US. While Bitcoin also rose touching $49,000 at one point, its reaction to the news was more or less lethargic. This lack of momentum in Bitcoin price continues to hurt the market, […]

BlackRock CEO Larry Fink recently acknowledged the potential of an Ethereum ETF in the United States, a significant development following the successful launch of their Bitcoin ETF. In an interview, Fink highlighted the successful trading debut of BlackRock’s Bitcoin ETF, IBIT, which amassed a remarkable $1.05 billion in trading volume. This achievement outstripped the first-day […]

XRP Price Prediction: The sixth largest cryptocurrency XRP has been notably bullish this week,  largely driven by the excitement surrounding the potential approval of a Spot Bitcoin ETF and Ripplelabs’ recent share buyback. From a weekly low of $0.54, the coin price has surged nearly 10.25 to its current trading price of $0.6. Will this […]

While excitement over the green light for spot Bitcoin ETFs sent Bitcoin and most altcoins soaring, Bitcoin Cash (BCH) seemed stuck on the sidelines. But the tide has turned. As the broader market cooled off on Friday, with Bitcoin dipping 1.6% to $46,055 and Ethereum flat at $2,627, BCH holders finally had reason to celebrate. A meteoric 10%+ […]

CoinShares has exercised its option to acquire Valkyrie Funds LLC, the U.S.-based digital asset manager, suggesting a strategic move to solidify its footprint in the burgeoning U.S. digital asset market. Meanwhile, this decision comes on the heels of the recent SEC approval for Valkyrie’s spot Bitcoin ETF, The Valkyrie Bitcoin Fund (BRRR), among others, underscoring […]