Asset managers Grayscale and VanEck filed amended S-1 registration statements for their respective spot BNB exchange-traded funds on Friday, bringing the cryptocurrency one step closer to becoming an approved US crypto ETF. Grayscale filed its second amendment, while VanEck submitted its fifth on Friday. S-1s are one of the main filings that ETF issuers must…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The CLARITY Act’s landmark committee approval has sent Bitcoin sentiment soaring to its highest point in months. Data from Santiment shows that bullish Bitcoin commentary on social media has climbed to one of its greediest readings of the year, with 1.55 bullish…
Why did the SOL and XRP ETFs see only inflows, while the BTC and ETH counterparts were deep in the red? Bitcoin’s price breakout attempts were halted on a few occasions at $82,000 in the past week, which could be explained to an extent by the developments on the US ETF front. The spot Ethereum…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recent filings with the SEC suggest the Binance Coin (BNB) may be the next altcoin to get a spot ETF in the US. In particular, asset management firms VanEck and Grayscale have repeatedly amended their S-1 registration forms, reflecting regulatory guidance and…
CoinGecko information revealed that Bitcoin outperformed on US holidays throughout 11 of the previous 14 calendar years analyzed traditionally. A brand new examine by CoinGecko discovered that purchasing Bitcoin on US holidays has traditionally delivered a lot stronger short-term returns in comparison with common buying and selling days. The evaluation examined Bitcoin’s ahead returns throughout…
Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces. Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and EBITDA, with a business that seeks to turn real-world credit assets into blockchain-native instruments that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto may need a major overhaul sooner than most people think. Cardano founder Charles Hoskinson pointed to a specific proposal — Bitcoin Improvement Proposal BIP-361 — as a potential path forward for gradually moving Bitcoin users away from older wallet addresses towards…
A Nexo analysis analyst believes a full CLARITY Act approval from the Senate may set off a BTC bull run. A number of days in the past, the Digital Asset Market Readability Act (CLARITY Act) made some progress within the Senate. The invoice has superior out of the Senate Banking Committee regardless of sturdy opposition…
Technique chairman Michael Saylor on Sunday signaled the Bitcoin treasury firm can be shopping for extra of the cryptocurrency within the week forward whereas additionally encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the corporate’s STRC perpetual most popular inventory. “Huge Dot Power” was Saylor’s tweet late Sunday morning…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing. Republicans hold…
