Technical Factors Fueling Rally To $70,000
The price of Bitcoin has been on a tear in recent weeks, surging over 30% and breaching the $50,000 mark. At the time of writing, Bitcoin was trading at $52,377, …
etf
Bitcoin back at US$50,000 as ETF approval, prospect of falling interest rates drive demand for cryptocurrency
Bitcoin jumped to US$50,000 for the first time in more than two years, staging a remarkable comeback from a series of cryptocurrency industry scandals and bankruptcies that had raised questions …
Valkyrie’s Spot Bitcoin ETF Taps BitGo for Diversified Coin Custody
Valkyrie Boosts Security with BitGo as Custodian for Bitcoin ETF Valkyrie has officially added BitGo to its list of custodians, as revealed in a regulatory filing on Thursday. Despite the …
LPL Financial to evaluate spot Bitcoin ETFs ‘three months’ before joining the market
LPL Financial, the largest U.S. independent broker-dealer, takes a measured approach, conducting a three-month evaluation before entering the spot Bitcoin ETF market. The San Diego-headquartered broker-dealer is planning a thorough …
Gold demand to hit record with central-bank buying and Federal Reserve rate cuts, WGC says
Total gold demand hit a record last year and is expected to rise again in 2024 as the Federal Reserve moves towards cutting interest rates, potentially aiding prices, according to …
ORDI: Extraordinary Price Movement Excites Investors
At the time of writing, ORDI is experiencing a substantial increase in price after several events in the crypto world unraveled. Coingecko data reveals that ORDI is up nearly 12% …
Chinese fervour for overseas stocks is breaking ETF trading
Burned by years of underperformance in Chinese domestic stocks, local investor appetite for overseas equities is running so high that it’s fuelling huge price distortions in funds tracking these assets. …
JP Morgan Reveals Likelihood Of Spot Ethereum ETFs Getting Approved
Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum …
Chinese traders ignore warning in chase for Japanese stocks, bidding ETF to daily limit of 10%
Chinese investors have ignored a warning from the issuer of the largest onshore exchange-traded fund (ETF) tracking the Japanese market, bidding the fund higher as they chase gains in the …
Bitcoin Spot ETFs Approved After 14 Years- The Journey So Far
The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s …