The SEC has postponed its decision on the Bitwise 10 Crypto Index ETF until March 3, 2025, citing the need for a thorough review. Learn about the proposal's implications for crypto ETF. SEC Postpones Bitwise 10 Crypto Index ETF Decision The U.S. Securities and Exchange Commission (SEC) announced a delay in its decision on…
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KeyTakeaways: US banks could begin offering tokenized assets and crypto custody services by 2025. The repeal of SAB 121 is expected to unlock new opportunities for crypto adoption. Major financial institutions offering crypto custody could lead to increased liquidity and stability. Ripple President Monica Long is optimistic that major US banks will launch tokenized asset…
JPMorgan predicts Solana and XRP ETFs could attract up to $15 billion, fueling market optimism for these digital assets.
Key Takeaways: Osprey Funds plans to convert its Bitcoin Trust (OBTC) into a spot Bitcoin ETF, filing a Form S-1 with the SEC. The decision follows terminated acquisition talks with Bitwise Asset Management due to regulatory challenges. OBTC, managing $181M, aims to join a growing Bitcoin ETF market contingent on SEC approval. Osprey Funds, an…
Ethereum ETFs recorded an abysmal day of trading pulling in only $1.2 million and recording a transaction in just one of its ETF products. Investor activity has been dipping in both Ethereum and Bitcoin ETFs. The exchange-traded funds have witnessed minimal activity in recent weeks. The peak in activity was recorded yesterday on Ethereum ETFs…
Blackrock’s IBIT lost $219 million to outflows yesterday as investor activity continues to wane in Bitcoin and Ethereum ETFs. Blackrock’s IBIT recorded the heaviest outflow for the day leaving the Bitcoin ETFs with a deficit of $209 million. Five out of the 11 Bitcoin ETFs recorded transactions with the rest stuck in null. The trading…
Mosaic Exchange Ltd. and CEO Sean Michael fined $1.1M for crypto fraud. Learn about the CFTC case and investor protections. CFTC Acts Against Mosaic Exchange The Commodity Futures Trading Commission (CFTC) announced Monday that Mosaic Exchange Ltd. and CEO Sean Michael have been ordered to pay over $1.1 million in penalties following accusations of operating…
Academic Paper Reveals Consistent Pattern in Weekly Bitcoin Price Prediction Andrey Ignatenko, a crypto trader and expert in data analysis, in collaboration with Larysa Dokiienko, a PhD holder in Economics, discovered a correlation between the Moving Average Convergence Divergence (MACD) histogram and the maximum price of Bitcoin on a weekly timeframe. The duo published an…
Malaysian Prime Minister Seri Anwar Ibrahim revealed plans to adopt a policy for Digital Finance that invariably legalizes Crypto and Blockchain technology in the country. Prime Minister Anwar revealed his plans during the Plenary Session of the Abu Dhabi Sustainability Week (ADSW) 2025 at the Abu Dhabi National Exhibition Centre. He discussed his plans with…
Key Takeaways: Pro-crypto Tom Emmer was appointed Vice Chair of the Digital Assets Subcommittee, highlighting his commitment to fostering innovation. Emmer aims to create balanced cryptocurrency regulations, addressing stablecoins, blockchain integration, and global digital asset competition. His legislative record includes co-sponsoring laws for blockchain clarity, and promoting U.S. leadership in crypto innovation. Congressman Tom Emmer,…
