Tag: Investment
Potential $5.4B Inflows Expected for Ether Spot ETFs in First 6 Months
Ether spot ETFs are expected to receive a significant amount of net inflows, according to a recent report. The inflows are projected to be around 30%-35% of what bitcoin ETFs receive. This estimation translates...
Ethereum ETFs Set to Launch Next Week Confirmed by Bloomberg Analyst
Ethereum ETFs are set to launch next week, according to a Bloomberg analyst. The Securities and Exchange Commission (SEC) is expected to approve spot Ethereum exchange-traded funds with trading expected to start on July...
SEC Sets Deadline for Ether ETF S-1 Submissions, Target Launch on July 23
The United States Securities and Exchange Commission (SEC) has set a deadline for asset managers planning to launch Ethereum exchange-traded funds (ETFs). According to Bloomberg analyst Eric Balchunas, the SEC has instructed issuers to...
Bitcoin: ‘Digital Gold’ and Economic Hedge, BlackRock CEO Emphasizes
BlackRock CEO Larry Fink recently reiterated his support for Bitcoin, referring to it as "digital gold" and highlighting its potential as a hedge against economic uncertainty. This statement came during a CNBC interview following...
BlackRock Surpasses $10 Trillion in Assets Under Management
BlackRock, the world's largest asset manager, recently announced that its assets under management (AUM) have surpassed an impressive $10 trillion in the second quarter. This marks a significant increase of almost 13% from the...
Bitcoin Price Hits Record High Over $63K Amid Trump Assassination Attempt
Bitcoin's price surged to a record high of over $63,000 after news of a failed assassination attempt against former US president Donald Trump. The cryptocurrency reached a multi-week high of $62,980, with experts attributing...
Iggy Azalea’s MOTHER Token Surges 50% After DWF Labs Partnership
Iggy Azalea has taken a step further into the world of cryptocurrency by partnering with crypto market maker DWF Labs, as announced in a post on X. The details of the partnership were not...
Bitcoin Price Stalls Below $60k as Poodlana Presale Launches in 5 Days
Bitcoin Price Stalls Below $60k as Poodlana Presale Launches in 5 DaysBTC saw a rise above $59k on Thursday but has since dropped back down as the market did not take advantage of yesterday's...
Germany’s First Regulated Euro Stablecoin: DWS Unveils New Digital Currency
Germany’s asset management firm DWS is making strides in the crypto space by planning to launch the first regulated euro stablecoin in the country. The firm aims to have the stablecoin live by 2025,...
Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens
The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...