There has been a recent update from Bloomberg analysts Eric Balchunas and James Seyffart regarding the anticipated launch of Spot Ethereum ETFs. Balchunas took to social media to share that they have adjusted their forecasted launch date to July 2nd. They have received information that the SEC has provided feedback on S-1 filings from fund
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Recently, Ethereum has experienced a surge in notable withdrawals from centralized exchanges, indicating that crypto whales are anticipating a potential recovery in price. This increase in withdrawals has caused the ETH balances on exchanges to plummet to their lowest level since 2016. Crypto analyst Ash Crypto highlighted the significant shift in the amount of ETH
The Bitcoin options market is currently experiencing an expiry event involving around 20,000 options with a notional value of $1.35 billion. Despite the significant value of these options, the impact on the market is expected to be minimal due to the relatively smaller size of today’s expiry event. However, traders are closely watching a future
In the world of Bitcoin, we are witnessing a fascinating contrast in investor behavior. On one side, we have a surge of short-term traders who are attracted to quick profits, while on the other side, veteran holders remain steadfast in their convictions. This divide is highlighted by a recent report from Bitfinex Alpha, shedding light
The copy trading industry is expanding rapidly, with brokers increasingly seeking sophisticated copy trading solutions to cater to the needs of their traders. In response to this demand, the B2Broker team has developed a new generation of B2Copy, an in-house investment platform that is set to shake up the market. B2Copy is a 3-in-1 investment
Bitcoin, the leading cryptocurrency, has shown significant price volatility in recent days. Despite the continuous inflows into US-based ETFs, the price of Bitcoin plummeted by more than three thousand dollars in just a few hours. This sudden drop has raised questions about the factors influencing Bitcoin’s price movements, particularly in the context of the approval
Recently, a popular on-chain sleuth brought to light the fraudulent activity involving an early investor in the Solana-based meme coin known as ANDY. The exploit resulted in a whopping $2 million worth of meme coins being drained in several transactions. This malicious actor wasted no time in swapping half of the ill-gotten profits for ETH
The Bitcoin price has been hovering around the $71,000 level, showing signs of indecisiveness and uncertainty. This stagnant period often precedes a significant move in the market, but predicting the direction in which the price will head is a challenging task. Crypto analyst Alan Santana has conducted a thorough analysis of the Bitcoin chart to
The recent surge in Bitcoin’s price, surpassing the $70,000 mark, has sparked optimism among long-term holders who have now seen their holdings enter the profit zone. This surge has been particularly evident among US-based investors, as indicated by the positive Coinbase premium. The Coinbase Premium Index (CPI), previously in the negative since May 18, has
Kraken, a well-established cryptocurrency exchange in the United States, is reportedly in the process of organizing a significant funding round in preparation for a potential initial public offering (IPO) in the upcoming year. According to sources cited in a recent Bloomberg report, the exchange is looking to raise approximately $100 million before moving forward with