The SEC postpones its verdict on Fidelity’s Ethereum direct ETF, with determinations anticipated in May. SEC delays Fidelity’s Ethereum spot ETF, but decisions are still expected in May

The U.S. Securities and Exchange Commission (SEC) said on Jan. 18 that it has delayed its decision on Fidelity’s proposed spot Ethereum ETF. More specifically, the decision concerns a proposed rule change that would allow Cboe BZX to list and trade shares of Fidelity’s planned fund. The SEC noted that the proposed rule change was
The post SEC delays Fidelity’s Ethereum spot ETF, but decisions are still expected in May appeared first on CryptoSlate.

Leia mais

Peter Schiff forecasts a drastic downturn for Bitcoin, anticipating that SEC Commissioner Gary Gensler will implement stringent new regulations targeting cryptocurrencies. Peter Schiff Predicts Bitcoin Bloodbath — Expects SEC Chair Gary Gensler to Introduce ‘New Onerous Crypto Regulations’

Economist and gold bug Peter Schiff has predicted that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler “will soon introduce new onerous crypto regulations” that will result in “a sharp decline” in the price of bitcoin. Schiff expects the new regulations to focus on anti-money laundering (AML) rather than securities law. Peter Schiff’s Crypto

Leia mais

BlackRock outpaces competitors in the race to accumulate $1 billion in assets for its spot bitcoin exchange-traded fund. BlackRock beats spot bitcoin ETF rivals in race to $1B assets

Only the first bitcoin futures ETF and the first physical gold fund hit $1 billion in assets via “organic” demand this soon after launch, Bloomberg Intelligence analyst says

Leia mais

The Bitcoin holdings in Tether’s wallet have increased to 66,400 BTC, accumulating more than $1 billion in paper profits. Tether’s Bitcoin wallet swells to 66,400 BTC, tallying up unrealized gains of over $1B

Tether has significantly increased its Bitcoin holdings, now comprising more than 66,000 BTC, with an estimated value exceeding $2.8 billion. According to data shared by CryptoQuant founder Ki Young Ju, Tether’s BTC holdings surged to 66,400 from the 57,500 recorded at the beginning of the year—indicating an acquisition of approximately 8,900 BTC in the final
The post Tether’s Bitcoin wallet swells to 66,400 BTC, tallying up unrealized gains of over $1B appeared first on CryptoSlate.

Leia mais

Should BlackRock persist with its daily purchases of 6,000 bitcoins, we may face a situation of limited supply in a year and a half, and this is the rationale behind it. If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why

Building on CryptoSlate’s recent analysis of the competing Bitcoin inflows and outflows between BlackRock and Grayscale, I extrapolated the data even further to see just how long BlackRock could sustain its current average Bitcoin accumulation. At a high level, BlackRock’s entry through Bitcoin ETFs is a substantial moment for Bitcoin’s reputation in the United States.
The post If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why appeared first on CryptoSlate.

Leia mais

Forecast for Terra Classic (LUNC) Value: Could the Price Reach $0.00039? Terra Classic (LUNC) Price Prediction: Will Price Touch $0.00039?

Terra Classic (LUNC), a controversial cryptocurrency, has entered a critical phase as predictions mount over whether its price…

Leia mais

Chainlink Weekend Price: Will LINK Enter Bearish Trend?

Chainlink (LINK) now finds itself at a critical juncture, with its price up against a major resistance level…

Leia mais