The United States Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving all 11 spot Bitcoin ETFs submitted by the world’s largest asset managers. This move signifies a significant milestone in the maturation of the cryptocurrency market. The approved proposals sought to list and trade shares of a trust that would hold
Bitcoin
Ethereum, the second-largest cryptocurrency by market capitalization, is currently displaying indications of a bullish breakout, according to two prominent analysts in the crypto space. World Of Charts has observed that Ethereum exhibits consolidation within a bullish pennant pattern, which typically suggests a continuation of an upward trend. Should Ethereum successfully break out of this pattern,
The US SEC is currently in the final stages of deciding whether to approve Spot Bitcoin ETFs. As this decision looms, the Depository Trust and Clearing Corporation (DTCC) has taken a significant step by officially listing the Spot ETF tickers from investment management firm VanEck. Alongside VanEck, WisdomTree’s Spot Bitcoin ETF ticker has also been
Altcoins have been grabbing the attention of investors as they offer alternative investment opportunities beyond the dominant cryptocurrency, Bitcoin. Santiment, an analytics firm, recently highlighted the altcoins that are displaying bullish and bearish divergences. By analyzing the Relative Strength Index (RSI), Santiment determined the overvalued and undervalued conditions of several altcoins. This article will delve
The recent approval of a BTC Spot Exchange-Traded Fund (ETF) has sparked discussions within the cryptocurrency community regarding the potential inflow of money into Bitcoin. Scott Melker, a well-known cryptocurrency analyst, has put forth a projection that suggests a massive influx of funds into Bitcoin. However, this projection has drawn criticism from several other analysts