Market analysts anticipate the US Securities and Exchange Commission (SEC) to approve multiple spot Bitcoin ETFs in rapid succession. This has created a tense environment among applicants, particularly as the frontrunner stands to gain a significant first-mover advantage by attracting a substantial portion of everyday investors. As the race heats up, the traditional firms appear to be actively engaging in this ETF trade. Big Bets on Spot Bitcoin ETF According to Reflexivity’s...
Read More »Celsius Network Allows Withdrawals for Qualified Custody Clients
Celsius also advised customers to make use of its mobile app for the withdrawal, stating the app would only be available for a limited time. Bankrupt crypto lender Celsius Network has announced that some clients with custody assets can now make withdrawals from the platform. Celsius which previously stopped withdrawals on its platform declared Chapter 11 bankruptcy in July 2022. Since then, many customers lost access to their assets. According to a court document, roughly 58,300 users hold...
Read More »Gary Gensler Is Believed to Be Politician Masquerading as Regulator
As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen. The nomination of the 33rd Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler on April 17, 2021, was viewed as a huge relief in the crypto space. Nearly three years later, the former Goldman Sachs Investment banker has turned against the crypto in what seems like pleasing the...
Read More »Coinbase Faces SEC Charges amid Calls for Crypto Regulation Clarity
Coinbase CEO Brian Armstrong voiced frustration over the charges. He mentioned how his company has provided a lot of clarity to the SEC but the commission on the other hand is not making matters easier. Despite over 30 meetings with the SEC in the past 18 months aimed at gaining regulatory clarity, cryptocurrency exchange Coinbase was hit with charges in June for operating an unregistered securities exchange. This came after the company received a Wells Notice for potentially breaking...
Read More »Crypto Bull Novogratz: Why Fed Policy Will Push Bitcoin and Gold to New Highs after Spot BTC ETF Approval
Novogratz is not the only expert who expects Bitcoin price to skyrocket soon. One of the main reasons is that long-term holders are not selling off their positions According to Michael Novogratz, founder of digital asset management company Galaxy Digital, things may soon change for other stores of value like gold and Bitcoin (BTC) as the United States Federal Reserve changes course. In a Bloomberg interview, Novogratz shared optimism for these assets based on expectations that the Fed will...
Read More »Deutsche Digital Assets gewinnt Pensionsfonds als Ankerinvestor für das neu aufgelegte DDA Crypto Select 10 ETP
Deutsche Digital Assets GmbH gewinnt renommierten deutschen Pensionsfonds als Ankerinvestor für das im Juni 2023 aufgelegte DDA Crypto Select 10 ETP (ISIN: DE000A3G3ZD0 | WKN: A3G3ZD). Der institutionelle Investor mandatierte die DDA im Rahmen eines strengen Auswahlverfahrens mit der Konzeption eines Krypto ETPs, welches dem hohen Qualitätsanspruch und den strikten Vorgaben eines institutionellen Investors gerecht wird. Nach mehrmonatigen Vorbereitungen kann dieses Investmentprodukt nunmehr...
Read More »EOS Price Analysis: Can Bulls Clear This Key Hurdle?
EOS price is recovering higher from the $0.650 support zone against the US Dollar. The price is now trading near $0.682 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.688 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.688 and $0.700 resistance levels. EOS price is recovering above $0.670 against the US Dollar, like...
Read More »21Shares feiert 5-Jahr-Jubiläum mit bemerkenswerter Expansion und beispiellosem Wachstum
21Shares, 2018 von Ophelia Snyder und Hany Rashwan gegründet, begab sich auf eine Mission, Krypto-Anlagen für alle zugänglich zu machen. Die Reise des Krypto-Pioniers startete in der Schweiz an der SIX Swiss Exchange in Zürich. Heute steht das Unternehmen als weltweit grösster Anbieter von Krypto-Exchange-Traded Products (ETPs) da und bietet über 30 Produkte an, die auf Dutzenden von globalen Börsen handelbar sind. Was 21Shares auszeichnet, ist nicht nur die Diversität seiner Produkte,...
Read More »Das Potential von Stellar Lumens
Stellar Lumens (XLM) ist eine Kryptowährung und ein dezentrales Protokoll mit dem Fokus auf effizienten und kostengünstigen Währungstransfers. Es wurde entwickelt, um eine Brücke zwischen verschiedenen Währungen zu schlagen und eine schnelle sowie nahezu kostenfreie Übertragung von Geldern zu ermöglichen. Ein wesentliches Merkmal von Stellar Lumens ist seine Fähigkeit, sowohl Fiat- als auch Kryptowährungen zu unterstützen. Dies macht es besonders...
Read More »Litecoin (LTC) Price Analysis: Bulls Attempt Fresh Increase To $75
Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading above $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $70.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.50 and $72.20 resistance levels. Litecoin price is recovering from the $65.00 zone against the US Dollar, like Bitcoin....
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