The entire world of finance (both traditional and crypto) is eagerly waiting for the US SEC to approve spot Bitcoin ETF.
The mere possibility of spot Bitcoin ETF approvals has injected fresh optimism into the crypto market.
The spike in Marathon Digital’s revenue for Q3 2023 was a result of multiple factors, including increased Bitcoin production and higher uptime.
Deutsche Börse also intends to launch its stablecoins to facilitate a seamless entry into the digital asset economy for institutional investors.
While the crypto community eagerly awaits the SEC’s decision regarding Grayscale’s ETF application and others, SEC Chair Gary Gensler remains cautious in sharing specific details about the commission’s next steps.
Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares.
A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations.
Datadog has further given an optimistic outlook for the entire year of 2023 while forecasting Q4 revenue between $564 million and $568 million.
The Dow had the weakest performance among the three major indexes during Tuesday’s session, primarily due to several declining stocks.
The decline in oil prices followed the release of China’s mixed economic data. This data countered the impact of oil production cuts by Saudi Arabia and Russia.
While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs.
It is worth mentioning that this is not the first time the SEC and Chair Gensler have faced scrutiny from US politicians.
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration.
With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market.
Hong Kong’s top financial regulator SFC shows willingness to allow retail players to gain access to spot crypto ETFs while ensuring that risks are addressed properly.