BlackRock, the world’s largest asset manager, and Citadel Securities are reportedly supporting the launch of a new national stock exchange in Texas. The Texas Stock Exchange (TXSE) has already secured around $120 million in funding and plans to file registration statements with the SEC by the end of 2024, as per a report from the … Read more
Brad Garlinghouse, CEO of Ripple Labs, expressed optimism about the approval of spot XRP ETFs in the United States during an interview on Fox Business. He suggested that it is inevitable for a spot XRP ETF to be approved but cautioned that it might not happen until at least 2025. The Ripple CEO’s predictions for … Read more
On Tuesday, Bitcoin surged to $71,200, nearing its all-time high of $73,700 set in March, as per TradingView data. This rally coincided with significant investments in US spot Bitcoin exchange-traded funds (ETFs). HODL15Capital data indicates that US Bitcoin funds saw a combined net inflow of $887 million, the second-highest ever recorded. Leading the pack was … Read more
Be on the lookout, Dogecoin and Shiba Inu, because a fresh contender called WienerAI ($WAI) is entering the scene, ready to become the new top dog of meme coins with its AI trading bot concept. At first glance, WienerAI seems to follow the footsteps of its canine-inspired predecessors like DOGE, SHIB, FLOKI, and BONK, which … Read more
In today’s market retracement, PEPE has slightly increased and there are indications of possible whale inflows. Over the last day, the price of the PEPE token has increased by 0.39% to $0.00001415, as the cryptocurrency market has seen a general retracement. PEPE has experienced a turnaround, with a weekly loss of 12.55% following an amazing … Read more
The Securities and Exchange Commission (SEC) of Thailand has approved One Asset Management (ONEAM) as the pioneer firm to introduce a spot Bitcoin exchange-traded fund (ETF) in the nation. This fund, named ONE Bitcoin ETF Fund of Funds Unhedged and designed for non-retail investors, will be available for investment from May 31 to June 6, … Read more
Wisconsin’s recent decision to invest $160 million in Bitcoin ETFs has caught the attention of many in the financial world, sparking speculation about whether other state pension funds will follow suit. The move is seen as a bold step towards diversification and potentially high returns, despite the volatile nature of the cryptocurrency market. According to … Read more
Bitpanda, a crypto trading platform, has recently partnered with Deutsche Bank, enabling German crypto traders to conduct real-time inbound and outbound payments seamlessly. This collaboration enhances transaction efficiency and security while ensuring robust liquidity for Bitpanda’s users in Germany. Through the partnership, Bitpanda gains access to Deutsche Bank’s application programming interface (API)-based account solution, facilitating … Read more
The recent approval of the Ethereum Spot ETF by the SEC on May 24, 2024, has prompted a notable increase in the movement of ETH holdings across various crypto exchanges. According to Cryptoquant, around 800,000 ETH worth $3 billion were withdrawn from exchanges within an eight-day period, although the individuals or entities behind these significant … Read more
BlackRock and Fidelity’s Bitcoin exchange-traded funds (ETFs) have contributed significantly to their overall ETF inflows this year, constituting 26% and 56% of their respective year-to-date inflows. Since their launch around five months ago, BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) have attracted $16.6 billion and $8.9 billion in inflows. Despite … Read more