The trading activity in the newly launched Bitcoin ETFs has simply skyrocketed this week hitting new milestones every passing day. On Wednesday, February 28, the daily trading volumes of all nine bitcoin ETFs combined surged by a staggering 100%. Bitcoin ETFs Trading Volumes Shoot $6 Billion Eric Balchunas, a renowned ETF strategist at Bloomberg, disclosed […]

Ether.fi, a leading liquid restaking protocol in the Ethereum ecosystem, has secured $23 million in a Series A funding round. The investment round was spearheaded by Bullish Capital and CoinFund, with significant contributions from other notable entities, including OKX Ventures, Foresight Ventures, Consensys, and Amber. This financial injection marks a significant milestone for the company, […]

Gemini, the cryptocurrency exchange founded by The Winklevoss twins, has agreed with the New York Department of Financial Services (NYDFS). The agreement requires Gemini to pay a $37 million fine and also guarantees a return of more than $1.1 billion to the customers of its Gemini Earn lending program. This decision has been a pivotal […]

Webull IPO is advancing uniquely as the Digital brokerage firm is now looking to go public through a merger with a Special Purpose Acquisition Company (SPAC) called SK Growth Opportunities Corp. Webull IPO: The SEC Uncertainty Webull confirmed its agreement with SK Growth Opportunities to list its shares on the Nasdaq stock exchange. Consequently, the […]

Edward Snowden, a whistleblower, shared a forecast on the social platform X, hinting at a major turn of events in the cryptocurrency sector in 2024. According to Snowden, a national government is expected to covertly enter the Bitcoin market by making significant purchases of the digital currency. The aforementioned forecast sparked wide debate and discussions […]

Coinbase on Wednesday faced a technical glitch after a surge in Bitcoin prices resulted in huge demand. Many customers of the Coinbase app reported that they saw zero balance in their accounts. In response to the entire glitch, Coinbase said that the company was “investigating” the whole matter. Coinbase Suffers Technical Glitch According to CNBC, […]

Bitcoin ETFs have smashed record after records due to the surge in demand. On Tuesday, the nine Bitcoin ETFs recorded a daily trading volume of $2.6 billion, setting another record with the highest daily trading volume. Bitcoin ETFs Smash Another Daily Volume Record Bloomberg analyst Eric Balchunas says that only halfway through the trading day, […]

Morgan Stanley’s Europe Opportunity Fund has taken a significant step by opening the possibility of investing in spot Bitcoin ETFs. A filing made on Tuesday with the regulatory authorities indicated that the fund might allocate a portion of its assets, not exceeding 25%, to spot Bitcoin ETFs. This move represents a notable shift for a […]

A report by UBS’s global equity strategy team, led by Andrew Garthwaite, has outlined ten potential surprises for the financial markets in 2024. These predictions span various sectors, including technology, geopolitics, and the global economy, providing insight into the unexpected turns the market could take in the upcoming year. AI-Driven Surge in the S&P 500 […]

AI demand and market outlook have skyrocketed in the past few weeks. Factors like feasibility, ease of operations, and higher demand have the artificial intelligence industry looking forward to a higher growth prospect. Amidst the growth opportunities for AI, market participants are now betting on AI and robotics-focused ETFs. AI ETFs to Likely Capture Market […]