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blockchain crypto cryptocurrency coinbase eth ethereum (SpotedCrypto)

Coinbase Submits Comment Letter to US SEC..."ETH is not a security"

Paul Grewal, Coinbase's Chief Legal Officer (CLO), announced via X that the company has submitted a 27-page comment letter to the U.S. Securities and Exchange Commission (SEC) regarding its review of the grayscale ETH Spot ETF. "In the comment letter, we conveyed our view that ETH

blockchain cryptocurrency us interst rates cut (SpotedCrypto)

US FOMC Minutes "Interest rates, likely to have peaked... Too rapid a rate cut carries risks"

The US Federal Reserve released the minutes of its Federal Open Market Committee (FOMC) meeting. Members said that the federal funds rate has likely peaked for this cycle. A majority of members noted the risks of cutting rates too quickly, with some saying there was a risk of stalling inflation

blockchain crypto cryptocurrency microstragety michael saylor bloombergTV (SpotedCrypto)

Microstrategy's Michael Saylor: "No reason to sell winners to buy losers"

In an interview with Bloomberg TV, Michael Saylor said, "The bitcoin spot ETF has opened the gateway for institutional capital to enter the bitcoin ecosystem," adding that "hundreds of millions of dollars of capital are flowing from the analog economy into the digital economy every day."

blockchain crypto cryptocurrency coinbase ceo (SpotedCrypto)

Coinbase CEO says "crypto is now the norm for institutional portfolios"

According to Bitcoin.com, Coinbase CEO Brian Armstrong said during the company's recent Q4 20/23 earnings call that "every institutional investor now owns crypto. Cryptocurrency has become a standard asset in institutional portfolios." "Institutions will continue to put crypto on their balance sheets and

blockchain crypto cryptocurrency eth 3K whale (SpotedCrypto)

Ethereum on the march, 3K recapture, price action and the intentions of the ETH whales

With Ethereum's steep rise, it's worth noting if the rise is due to whale intervention. About 7 hours ago, a specific whale address bought 3,412 ETH. With a total value of 10.1 million USDT and an average price of $2,933, the address bought

blockchain crypto cryptocurrency bullish analyst eric bllomberg (SpotedCrypto)

Two bullish bitcoin analysts predict demand will continue as trading surges

Bitwise CIO Matt Hogan wrote on X (Twitter), "Several bitcoin spot ETFs saw record trading volumes on Tuesday (US time). Demand for ETFs is likely to continue." The Bitwise Bitcoin ETF (BITB) traded 6.3 million shares ($179 million) on Tuesday, according to Yahoo Finance. Trading volume in

blockchain crypto cryptocurrency whales btc 53K cpi (SpotedCrypto)

Where is Bitcoin headed after hitting $53K and CPI? Whales expect BTC price to rise further...short positions are down

According to CryptoPotato, Bitfinex reported in its weekly market analysis report, Bitfinex Alpha, that "BTC whales are not taking large short positions due to expectations that the price will continue to rise. In addition, only 6% of long BTC holders are in losses, a pattern that has been seen