SEC Defers Ruling on Invesco and Galaxy Digital's Spot Ether ETF ApplicationThe SEC delayed its ruling on the Invesco Galaxy ether ETF, potentially until July 2024, after seeking public input. This underscores regulatory caution in assessing cryptocurrency-based financial products and highlights the

As Bitcoin's price action remains within a consolidation range, Ethereum is drawing attention away from Bitcoin traders. Bitcoin made a move towards liquidity at $43,500 following the Wall Street opening on February 6, but all eyes were on Ether. Source: wall.alphacoders.comData from TradingView obs

The ninth gathering of the U.S.-U.K. Financial Regulatory Working Group (FRWG) took place in London on January 31, marking a significant step in the ongoing dialogue between the two nations regarding the regulation of cryptocurrencies and the exploration of central bank digital currencies (CBDCs). A

Grayscale Trims Bitcoin Portfolio as Competitor ETFs Expand Their HoldingsOver two trading days, Grayscale's Bitcoin Trust divested itself of nearly 5,992.38 bitcoin, valued at about $257 million. Concurrently, Blackrock's IBIT and Fidelity's FBTC bolstered their bitcoin reserves, adding 3,235.87 an

The landscape of investment is undergoing a notable transformation, with Bitcoin (BTC) increasingly becoming the preferred choice over traditional gold investments. This shift has been significantly accelerated by the launch of spot Bitcoin exchange-traded funds (ETFs), as highlighted by Cathie Wood

The Bitcoin price is near the $43,000 mark, prompting questions about the intentions of bullish investors to propel BTC to higher levels. Source: www.usatoday.comThe cryptocurrency faced challenges as it grappled with maintaining support at $43,000 on February 5. The difficulty arose following comme

Bitcoin Fuels Digital Asset Market Rally as Grayscale Sell-off EasesIn a single week, the digital asset market experienced a substantial inflow of $708 million, with the United States contributing $703 million. This marked a considerable recovery from the previous week's $499.7 million outflow. Duri

1. Market TrendFrom Feb. 1st to Feb. 4, the BTC price swung from $41,889.95 to $43,745.10, with a volatility of 4.43%. The last analysis report mentioned that the Bitcoin spot ETF fund has seen continuous inflows of funds, further stabilizing the price of BTC. BTC’s current bottom zone is $41,200-$4

Jerome Powell, the Chairman of the Federal Reserve, has recently highlighted a critical issue facing the United States: the country is on an unsustainable fiscal path, with its debt growth outpacing economic expansion. During an interview with "60 Minutes" on February 4, Powell stressed the importan

Bitcoin bulls are cautioned by DecenTrader about an impending sell-off coinciding with the halving, asserting that the price action of BTC during this period will follow the usual patterns. Source: www.coinkolik.comThe market analysis provided by DecenTrader on February 2 projects a familiar pattern