Traders are on edge, eagerly watching the Federal Reserve meeting for clues about prospective interest rate changes.
Following ARK Investment’s dumping of Coinbase shares, its pre-market price has dipped by almost 5%. Currently, it is hovering at $141.79 per share.
The inflation growth rate in the United States has significantly declined in the past two years thus the anticipated interest rate cuts in the second half of 2024.
Despite Vanguard and State Street’s decision to abstain, the SEC is approaching a crucial deadline to announce its decision on the first Bitcoin ETF in early January.
The fund would use investor capital to buy call options on MSTR while simultaneously selling put options. The premiums collected from these transactions would then be distributed to shareholders as monthly yields.
As the growing anticipation for a spot Bitcoin ETF approval continues to propel BTC prices higher, Jurrien Timmer, Fidelity’s director of global macro, believes the crypto asset could surge to over $1 billion in 2038.
While Amazon did not provide the actual reason for not supporting Venmo as a payment option, the notable rise of web3 payment platforms could be a major factor.
GameStop gives CEO complete control to buy stocks from the company’s cash books, however, analysts have given a major red flag on this.
Google shares responded positively to news of Gemini, although the market is unclear about monetization and how it fairs against GPT 4 Turbo.
The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products.
The Grayscale CEO said that they have engaged in meaningful conversations with the SEC, and the dialogue suggests that the regulator is eager to make the progress.
All accounts that advertise Cryptocurrency Coin Trusts must adhere to these guidelines, regardless of their geographical location.
Mortgage rates are expected to continue their downward trend in December.
TikTok’s parent company ByteDance plans to spend $5 billion buying back stock from shareholders. This will bring its valuation to $268 billion.
South Korea has long been recognized for its robust blockchain and crypto community.