Tag: New York
Bitwise Bitcoin and Ethereum ETP Listing on NYSE: Filing Details
NYSE recently filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) that offers direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. This ETP aims to simplify...
Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis
A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...
Retail’s Losses Exposed in MicroStrategy Trade Scandal.
MicroStrategy, a Bitcoin development company, has seen a significant drop in its stock price, down almost 40% from its all-time high of $540 a share. This decline comes after a short report from Citron...
Choosing Between USDT and USDC: Important Factors to Consider
Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...
Decoding Bitcoin’s Surge: Understanding the Demand Behind the $82K Break: Van Straten
Bitcoin saw a significant surge last week, rallying 17%, marking its second-best week of the year. The spot volume of Bitcoin on Coinbase also experienced a sharp increase, reaching levels close to the high...
Bitcoin Price Outlook After US Election: Analysis and Forecast
Bitcoin's price outlook after the US election is a topic of interest, with many investors wondering if the cryptocurrency is primed for a post-election rally. According to a recent report by CryptoQuant, Bitcoin's current...
Impact of U.S. Election on Crypto Market: TradFi Giants Unfazed
Global markets are on edge as traders keep a close eye on the U.S. election. One major question for the crypto industry is whether the results will influence traditional finance giants to either scale...
Ethereum Inflation Surges Near Pre-Merge Levels: Less Than 100k ETH Away
Ethereum's inflation rate has surged to near pre-Merge levels, with less than 100,000 ETH needed to match the supply seen at the Ethereum Merge in September 2022. Since the Dencun upgrade in March, over...
Bitcoin’s Surge Boosts Small-Cap Companies’ Reserves: Strategies and Implications
Three small-cap companies, Thumzup Media Corporation, Solidion Technology, and Genius Group, have recently made headlines by incorporating Bitcoin into their treasury reserves. These companies, each with a market capitalization under $50 million, are taking...
Record Levels of Polymarket Open Interest Surged on Election Day
Polymarket experienced a surge in open interest to a record high of $463 million on Election Day as users bet on the race between former President Donald Trump and Vice President Kamala Harris. This...
