Execs Agree Spot Ethereum ETFs Face 50% Chance of Approval

Following the approval of 11 Spot Bitcoin ETFs earlier this year, all eyes turned toward what assets could…

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Ark CEO: Why Only Bitcoin and Ethereum May Secure ETF Approval Ark CEO: Why Only Bitcoin and Ethereum May Secure ETF Approval

Ark Invest’s CEO Cathie Wood predicts there will only likely be Bitcoin and Ethereum spot ETFs in the US. This is based on her belief that the Securities and Exchange Commission (SEC) will unlikely approve funds that do not hold the two most significant crypto tokens by market cap.  Related Reading: Crypto Gaming Platform PlayDapp

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No Legal Settlement In Sight, Say Experts on the Ongoing Ripple-SEC Court Battle No Legal Settlement In Sight, Say Experts on the Ongoing Ripple-SEC Court Battle

Prominent legal experts and intellectuals have debunked rumors concerning the ongoing Ripple-SEC court battle. The rumors caught pace after…

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Solana [SOL] Spikes 21% to $115, Can it Reach $130 Next?

The cryptocurrency market appears to be entering another rally as Bitcoin (BTC) reclaims the $51k mark. With BTC…

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Bitcoin hits all-time high against traditional asset benchmarks Bitcoin hits all-time high against traditional asset benchmarks

Quick Take Bitcoin’s recent performance has defied traditional financial metrics, with the digital asset reaching new heights against the US 20+ year Treasury Bond ETF (TLT), the S&P Regional Banking ETF (KRE), and the Japanese Yen. In a direct comparison with TLT, a globally recognized benchmark for relatively safe assets, Bitcoin had surged, underlining its
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Bitcoin hits $1 trillion market cap again as $217 million liquidated in 24 hours Bitcoin hits $1 trillion market cap again as $217 million liquidated in 24 hours

Quick Take Currently, Bitcoin’s value is around $51,500, successfully surpassing the $1 trillion market cap. This ascension places it above some of the world’s leading corporations. Berkshire Hathaway’s market cap hovers around $850 billion, marking it the eleventh-largest entity. Meanwhile, Meta, standing ninth in the global ranking, carries a market cap of $1.173 trillion. Bitcoin
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Solana surpasses BNB Chain as fourth-largest digital asset by market cap Solana surpasses BNB Chain as fourth-largest digital asset by market cap

Solana’s SOL has surged past Binance-backed BNB in the last 24 hours, securing its position as the fourth-largest digital asset by market capitalization. Data from CryptoSlate showed that SOL’s market cap is wavering around $50 billion, marking its first foray past this threshold since December. In contrast, BNB’s market cap peaked at $49.2 billion during
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Bitcoin Hits $1 Trillion Market Cap as BTC Blitzes Past $51K

More bullish signs: Bitcoin open interest is the highest it’s been in 2 years and the iShares Bitcoin Trust now holds more than 100,000 BTC.

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Bitcoin ETF market sees $631 million inflow in one day

Quick Take The Bitcoin ETF market exhibited a continued surge in net inflows on Feb. 13; the trading day saw a total positive net flow of $631 million across all providers, with a total net inflow of 12,736 BTC, according to BitMEX Research. BitMEX data shows that BlackRock IBIT marked a notable achievement with a
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Bitcoin whales on the rise as numbers hit three-year high as ETFs join cohort Bitcoin whales on the rise as numbers hit three-year high as ETFs join cohort

Quick Take The Bitcoin landscape has witnessed a significant uptick of Bitcoin whales—entities holding 1,000 BTC or more. Their numbers have surged in recent weeks, coinciding with Bitcoin’s rise from $38,000 to $51,000. Currently, there are 1,602 Bitcoin whales, a considerable uptick from 1,482 in January. This surge not only eclipses the March and April
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