In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
Michael Saylor, CEO of MicroStrategy (Nasdaq ticker: MSTR), said in a podcast that “the approval of the Bitcoin Spot ETF confirms that Bitcoin can reach a $10 trillion market capitalization,” according to The Block. “In January, the Bitcoin Spot ETF was approved. It is one of the most important...
Cryptocurrency specialist media The Block reported that the U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 filings of eight companies applying for ETH spot ETFs, sparking renewed debate over whether Ethereum is recognized as a security. Regarding this, Coinbase Chief Legal...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell two points from the previous day to 74. The index shifted from the extreme greed to greed stage as investor sentiment cooled. The index is based on a scale of 0 to indicate extreme fear in the market, and 100 to indicate...
According to Bloomberg ETF analyst James Seifat, several panelists on CNBC discussed the possibility of a Solana (SOL) spot ETF following the approval of an Ethereum (ETH) spot ETF. “I think there is a higher probability of a spot ETF for SOL than for other cryptocurrencies if there is a...
Bloomberg ETF analyst Eric Balchunas tweeted on his X. “We expect the U.S. Securities and Exchange Commission (SEC) to make an announcement on an Ethereum spot ETF around 4 p.m. local time tomorrow (Nov. 23). Previously, the Bitcoin spot ETF was announced around 3:45pm. In the past, it's been...
BlackRock's BTC spot ETF, IBIT, has overtaken Grayscale's GBTC in assets under management (AUM) as of Nov. 22, according to data provided by TheBlock. BlackRock's Bitcoin spot ETF IBIT saw net inflows of $291 million in the past 21 days. This is more than the previous 21 trading days combined....
According to data from Nansen Intelligence, net inflows into exchanges reached 81,840 ETH (roughly $3.06 billion) on Jan. 21 (local time). This is the largest daily amount since January 23rd. “This data marks the third consecutive day of inflows,” Nansen said, “bucking the general trend of...
The anticipation of an Ethereum (ETH) spot ETF approval has led to a rally in some ETH-based memecoins, according to The Block. Based on TheBlock's own data, PEPE is up up to 16%, LADYS is up 28%, and Dogecoin (DOGE) is up 6% in the past 24 hours. ETH is also up 4.6% in the same period, up to...
Lucas Kiely, chief investment officer at digital asset investment platform Yield App, said that even if an Ethereum spot ETF is approved, it is likely to see a short-term downturn, similar to what happened with BTC spot ETFs, according to Cointelegraph. “Ethereum has surged 20%. Investors should...
“The U.S. Securities and Exchange Commission's (SEC) Division of Trading and Markets has contacted stock exchanges that have filed to list Ethereum (ETH) spot ETFs and informed them that it will approve their 19b-4 (formal examination request) filings this week,” cryptocurrency media outlet The...
“Ethereum (ETH) daily Net Taker Volume on Binance has reached a new all-time high of approximately $5.3 billion,” crypto on-chain analyst maartunn writes in X. “ETH's daily Net Taker Volume on Binance has reached a new all-time high of approximately $5.3 billion. Net taker volume is a metric that...
“If the U.S. Securities and Exchange Commission (SEC) approves an Ethereum (ETH) spot ETF, it could have a significant impact on the crypto economy with an influx of institutional investors,” former Messari analyst Ryan Watkins told X. “Institutions could gain exposure to a wider range of...