Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch
There are reports that the Hong Kong SFC is considering to approve Bitcoin ETFs in Q2 2024. VSFG and Value Partners have applied for approval to offer a spot Bitcoin…
Valkyrie co-founder says spot Ethereum ETF approval unlikely in May
Valkyrie co-founder and CIO Steven McClurg says a spot Ethereum ETF approval is unlikely in May. He says its likely a Litecoin or XRP spot ETF is approved before that…
Spot Ethereum ETFs approval likely on May 23: Standard Chartered
Standard Chartered Bank says the SEC could approve spot Ethereum ETFs on May 23, the final deadline for applications currently before the regulator. Ethereum price could surge to over $4,000…
2024 may be a year of memecoins as this presale cruises past $2M
Inflows to crypto funds are up big, Crypto-adjacent stocks outperform all their TradFi counterparts as the Bitcoin ($BTC) Spot ETF is just days away. Strap in because a bull market…
Crypto ETP inflows surpass $1B year-to-date as total AuM hits May 2022 high
Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have…
The Fed may be done hiking: Time to buy Shiba Memu?
The biggest stories of this week were the Federal Open Market Committee (FOMC) meeting on Wednesday followed by the US non-farm payrolls (NFP) data on Friday. These two events set…
Bitcoin May Be The Biggest Crypto, But Is This The Best?
Bitcoin (BTC) has long been the most recognizable and dominant player in the cryptocurrency world. BTC started it all and has consistently maintained its position as the gold standard. As…
BitMEX co-founder says BTC price may rise if monetary policies tighten
The Federal Reserve has increased its benchmark rate from 0.25% to 5.25% over the past year. BitMEX co-founder believed that bondholders might seek more lucrative “risk assets,” such as Bitcoin.…
XRP may be headed for $130 – analyst says
XRP Captain sees a massive rally in the altcoin ahead. The analyst explained why in a recent post on X. Ripple’s XRP is currently right below its 20-day MA. XRP…
Bitcoin may soon rally based on ‘fundamental grounds’: Bernstein
Bernstein analyst says Grayscale ruling was a game changer. Gautam Chhugani expects Bitcoin to materially benefit from it. The world’s largest cryptocurrency is still lingering around $26,000. The recent ruling…