In a detailed legal analysis shared via X, Davis Polk lawyer Scott Johnsson dissected the complex path that Ethereum (ETH) must traverse to secure a spot Exchange-Traded Fund (ETF) approval. This deep-dive analysis, while drawing parallels to the successful Bitcoin (BTC) spot ETF approval, highlights the unique challenges and potential regulatory shifts necessary for Ethereum’s

Quick Take As the dust settles on the tenth trading day in the Bitcoin Spot Exchange-Traded Fund (ETF) sector, a fund flow trend has begun to emerge.  Day 10 witnessed an $80 million net outflow, according to BitMEX research, significantly impacting the overall landscape. Grayscale GBTC, despite experiencing the lowest outflow since Day 1 at
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Quick Take The United States’ mounting debt structure currently stands at a staggering $34 trillion, according to usdebtclock.org. An escalating annualized interest accompanies this steep climb on the federal debt that exceeds $1 trillion and is projected to break through the $3 trillion threshold by Q4 2030, according to E.J. Antoni, an economist at Heritage
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Bitcoin, Ethereum, and Solana are flat after a rough start to the week. But Solana meme coin BONK has bounced almost 7% since yesterday.

Flipside, a blockchain analytics startup, reports that in 2023, Polygon gained almost as many cryptocurrency users as Ethereum. Although it fell around 160,000 users shy of Ethereum’s 15.4 million in 2023, the scaling solution Polygon reported 15.24 million gained users. According to Flipside, a user is considered acquired if they

Analysts from banking giant JPMorgan believe that the profit-taking from the Grayscale Bitcoin Trust (GBTC) may have concluded, potentially alleviating the downward pressure on Bitcoin prices.  The analysts explained that they had estimated that GBTC could see as much as $3 billion in outflows from investors previously exposed to its discount. But with the flow
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In a research note on Thursday, JP Morgan indicated a positive outlook for Bitcoin, suggesting that the digital currency has a “limited downside” from its current position. The financial giant’s analysis focuses on the dynamics involving the Grayscale Bitcoin Trust (GBTC) and the newly launched spot Bitcoin ETFs in the United States. JP Morgan Foresees

Shiba Inu (SHIB) exploded onto the cryptocurrency scene in 2020 as a meme coin and alternative to the…

After dipping below $38,000 earlier this week, Bitcoin has staged a mini-comeback, currently trading around $40,100. This flicker of green has ignited contrasting viewpoints from market watchers, including CNBC’s Jim Cramer, whose recent advice has raised eyebrows. Cramer, known for his sometimes contrarian takes, has taken a cautious stance on Bitcoin’s recent rally. While acknowledging

A Linux and Bitcoin Core developer, Garzik wants to produce independent science fiction entertainment with Web3 tools.