Bitcoin ETF decision may be ‘imminent’ as VanEck, Grayscale file exchange registration form: Bloomberg Analyst
Bitcoin ETF decision may be ‘imminent’ as VanEck, Grayscale file exchange registration form: Bloomberg AnalystGrayscale, VanEck and Fidelity file form 8-A, edging closer to a potential first spot Bitcoin ETF in the US.
Happy Thursday!The global crypto market cap is $1.68 trillion, with a 24-hour volume of $76.18 billion. The price of Bitcoin is $43,854.81, and BTC market dominance is 51.4%. The price of Ethereum is $2,263.38, and ETH market dominance is 16.2%. The best-performing sector is Jobs, which gained 14%. The Crypto Fear & Greed Index is currently Greed (68). Top News
Bitcoin ETF decision may be ‘imminent’ as VanEck, Grayscale file exchange registration form: Bloomberg AnalystGrayscale, VanEck and Fidelity file form 8-A, edging closer to a potential first spot Bitcoin ETF in the US. Coinbase exec claims spot Bitcoin ETF is not overhypedAccording to the executive, the ETF hype is more than a mere trend and will create a regulated path for trillions of dollars to come into the industry that has so far been "locked out of the asset class." Bloomberg analyst queries Matrixport’s Bitcoin ETF potential rejection claimRejections claims for Bitcoin ETF triggers market panic and heavy losses for long BTC traders. Latest Insights
More NewsJihan Wu stands by Matrixport’s contentious Bitcoin ETF analysis amid market shakeupThe co-founders statement comes after industry backlash on the firm's latest Bitcoin report, which prominent analysts say is based on pure speculation. BlackRock and Grayscale could add Goldman Sachs as authorized ETF participantBoth firms are seeking spot Bitcoin ETFs that could be approved this month. ENS token surges 35% to defy market trend after Vitalik calls the platform ‘super important’As of press time, ENS was trading at approximately $13.94, up over 40% over the last 24 hours. Crypto community divided as UniSat Wallet adopts Ordinals Jubilee upgrade proposalUniSat Wallet embraces Ordinals Jubilee upgrade as BRC-20 token community faces strategic split. Visa unveils web3 loyalty platform allowing brands to create custom branded crypto walletsVisa's web3 loyalty engagement solution also offers AR treasure hunts and digital collectibles among other features.
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Bitcoin’s price risk slumping to $36k if SEC denies ETF applications, Matrixport warns
Wednesday, January 3, 2024
Matrixport stated that the SEC might reject ETF applications because of the SEC's compliance demands.
SEC could inform spot Bitcoin ETF applicants of approval by Jan. 3
Tuesday, January 2, 2024
Firms may be notified on Tuesday or Wednesday to prepare for a Jan. 10 launch.
New year begins with $225M in crypto market liquidations
Monday, January 1, 2024
Tellor Tributes' TRB token recorded the most losses during the period.
Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token prices
Saturday, December 30, 2023
Avalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain.
Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval
Friday, December 29, 2023
An amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch.
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