We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The price of Ethereum has has largely remained flat following the historic approval of eight spot exchange-traded funds (ETFs) that give investors exposure to the second-biggest…
Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and Technology for the 21st Century Act (FIT21) crypto bill, despite opposition from the White House and SEC Chairman Gary Gensler. ‘We […] Source: https://news.bitcoin.com/us-congress-building-pro-crypto-army-lawmaker-says/
The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum Trust and the Bitwise Ethereum ETF, Nasdaq can now list the […] Source: https://news.bitcoin.com/sec-approves-first-eight-spot-ether-etfs/
The CEO of the Fantom Foundation has unveiled the Sonic Foundation, which will oversee the creation and launch of Fantom’s new Sonic Chain. Source: https://cointelegraph.com/news/fantom-unveils-sonic-foundation-for-new-sonic-chain
The U.S. Securities and Exchange Commission gave the green light to several spot Ether ETFs after speculation that the regulator was considering treating ETH as a security. Source: https://cointelegraph.com/news/sec-spot-ether-etf-approved
Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback. Source: https://cointelegraph.com/news/traders-say-bitcoin-price-correction-a-fake-out-before-the-next-leg-up
In a stunning reversal, the U.S. Securities and Exchange Commission (SEC) announced on Thursday that it has approved applications for spot Ethereum ETFs, effectively green-lighting Ethereum trading on Wall Street. Just one week ago, most financial experts and crypto industry leaders had written off such an outcome as increasingly unlikely. For one, the SEC had offered little indication that it planned…
Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved “at some point in time.” In an interview on CNBC, Kelly specified that solana (SOL) might be the next asset […] Source: https://news.bitcoin.com/brian-kelly-solana-might-get-the-next-spot-etf/
For cryptocurrency to gain more value, wider ownership is crucial. Institutions investing directly in bitcoin or indirectly through spot ETFs, launched in January, can drive this growth. Some entities, like MicroStrategy (NASDAQ:MSTR), invest directly in bitcoin, while others, like the State of Wisconsin, invest indirectly. This trend is positive for cryptocurrency as it increases exposure to the asset class. The…
Records show Sam Bankman-Fried was in the Federal Transfer Center in Oklahoma City, suggesting authorities may still transfer him to a prison in California. Source: https://cointelegraph.com/news/sam-bankman-fried-oklahoma-prison-ftx
