The SEC’s approval for a GBTC Bitcoin spot ETF is a “matter of ‘when’ and not ‘if’”, according to Grayscale CEO Michael Sonenshein.
In January the asset management company also filed with the SEC for approval on a Web 3-focused ETF.
According to the official reports, the US annual inflation rate accelerated to 7.9% in February of 2022 and rose to as much as 8.5% in March, the highest since January 1982, matching market expectations.
Netflix is classified among the most prestigious of stocks called FAANG, and while it still remains an elite asset, a number of financial advisors are downgrading their rating on the shares at the moment.
Tesla announced record Q1 numbers that surpassed analysts’ expectations in revenue and earnings per share despite supply chain issues.
Analysts polled by Refinitiv now see IBM growing 6 percent in 2022, up from under 4 percent last year.
With a cloud of uncertainty surrounding the company regarding the future of Grubhub, Chief Executive Officer Jitse Groen is optimistic about the company’s growth in the long term.
European stocks turned positive after opening at the flatline as markets assess the Ukraine war and predictions from the World Bank and IMF.
Following a 35% fall after reports on the subscribers’ loss, Netflix is now down 27.15% in the pre-market trading.
The IMF has recommended that countries implement Financial Action Task Force standards to mitigate the crypto-specific risks.
As a viable player in the digital currency industry, Silvergate Bank is broadening its base with the most notable players in the space.
The first Australia Bitcoin ETF will not take the usual route like other ETFs. Rather than investing directly in Bitcoin, the Fund will invest in shares of Purpose Investment’s Bitcoin ETF.
IBM reported adjusted earnings per share of $1.40, whereas analysts surveyed by Refinitiv expected an adjusted EPS of $1.38.
Bitcoin is showing signs of bounceback after a strong correction earlier this week. However, analysts predict that the chances of Bitcoin going lower could be higher from here.
According to the World Bank, factors including the war in Ukraine, fuel prices, and food shortages have caused a reduction in global growth.