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In-depth crypto market analysis and price predictions

Analyst says attention will shift to ETH after BTC spot ETF approval

Analyst says attention will shift to ETH after BTC spot ETF approval

"We expect the U.S. authorities to approve a BTC spot ETF, but the price of BTC may decline afterward," MatrixPort analyst and 10X Research founder Markus Thielen told CoinDesk. Technical indicators suggest that the uptrend of the past few weeks is breaking down," he said. "

Fox Business reporter "agrees with view that BTC spot ETF unlikely to be approved today"

Fox Business reporter "agrees with view that BTC spot ETF unlikely to be approved today"

"I agree with Bloomberg analyst James Seyffart that it's unlikely the SEC will approve a bitcoin spot ETF today (May 5)," Fox Business reporter Eleanor Terrett said on X (formerly Twitter). "Of course, there could be an update to the filings by bitcoin spot ETF

TechCrunch Reporter "US SEC Likely to Approve Multiple BTC Spot ETFs"

TechCrunch Reporter "US SEC Likely to Approve Multiple BTC Spot ETFs"

TechCrunch reporter Jacquelyn Melinek reports via X that she has "heard from multiple sources familiar with the matter that the U.S. Securities and Exchange Commission (SEC) will approve multiple BTC spot ETFs."

Crypto 'Fear-Greed Index' at 72... Sentiment improves

Crypto 'Fear-Greed Index' at 72... Sentiment improves

Crypto data provider Alternative's self-estimated Fear-Greed Index rose four points from the previous day to 72. The greed phase continued as sentiment improved. The index indicates extreme fear in the market as it approaches zero, and extreme optimism as it approaches 100. The Fear Greed Index is calculated

Bloomberg Analyst: "SEC to Ignore ETH=Commodity...Spot ETF Approval Likely Within Year"

Bloomberg Analyst: "SEC to Ignore ETH=Commodity...Spot ETF Approval Likely Within Year"

According to Cointelegraph, Bloomberg analyst James Seyffart participated in a CryptoQuant webinar on Thursday and said, "The U.S. Securities and Exchange Commission (SEC) has tacitly accepted that Ethereum (ETH) is a commodity. As such, we believe it is highly likely that an ETH spot ETF will be approved

Bloomberg "U.S. Startup Offers BTC Certificate of Deposit Product Without Regulator Approval"

Bloomberg "U.S. Startup Offers BTC Certificate of Deposit Product Without Regulator Approval"

Receipes Depositary Corporation (RDC), a financial startup founded by former Citigroup executives, has begun offering bitcoin-based products that do not require U.S. regulatory approval, Bloomberg reports. The products, known as "Bitcoin Depositary Receipts" (BTC DRs), are similar to U.S. certificates of deposit and will be offered

BeinCrypto analyst "Crypto market capitalization evaporated $100 billion overnight, but... Normal Range"

BeinCrypto analyst "Crypto market capitalization evaporated $100 billion overnight, but... Normal Range"

Cryptocurrency market capitalization has evaporated by about $100 billion in the past 24 hours, which is normal for the highly leveraged crypto market, according to an analysis. According to BeInCrypto, crypto analyst CrediBULL Crypto, who has about 35.6 million X (formerly Twitter) followers, said, "Bitcoin futures open interest