This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
The recent batch of dumping Coinbase (COIN) shares has been the largest from Ark Invest in 2023. COIN stock price is around a new yearly high of $140.
Saxo Bank expects crude oil to hit $150 per barrel in 2024 while the Japanese economy to grow by a staggering 7%.
The US SEC has delayed its decision on converting Grayscale’s ETHE product to a spot Ethereum ETF by another 45 days with the next hearing on January 25, 2024.
Market analysts interpret these recent filings as indications of the ongoing collaborative efforts between the SEC and major issuers to navigate the regulatory landscape.
While the SEC has yet to greenlight any spot ETF applications, the new filings lend further credence to the likelihood of a spot Bitcoin ETF approval soon.
The Phoenix public offering comes when the appetite for IPOs in the Persian Gulf region has increased in the past two years due to a number of factors.
The recent Bitcoin price pump to $42,000 has seen El Salvador’s BTC investment currently at a profit of about $3.6 million.
Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.
With MicroStrategy’s shares trading at $574 ahead of today’s open, a level not seen since April 2022, investors are closely watching the company’s performance amid the ongoing crypto resurgence.
Franklin Templeton president and CEO Jenny Johnson said that they have actively integrated blockchain into their business model and that she’s personally overseeing developments linked to cryptocurrencies.
GTA 6 is expected to incorporate crypto rewards in its upgraded version. Gamers are looking forward to watching the trailer.
SEC’s discussion with top applicants of spot Bitcoin ETF continue as BTC price has rallied past $41,532 in a fresh surge.
With the heightened crypto regulatory crackdown and the US SEC’s change of attitude towards the industry, Bloomberg analyst argues all 12 applications will be approved in early January.
The transition began at the company headquarters in Switzerland, with plans for an eventual change of name and transformation across other offices located in financial hubs like Abu Dhabi, Hong Kong, and Singapore.
Bloomberg ETF analyst James Seyffart estimates that the SEC’s decision deadline for Fidelity will likely be January 21, 2024, with the final decision expected on March 8, 2024.