Pressure Mounts on SEC’s Gensler as US House Lawmakers Request ‘Immediate’ Approval of Spot Bitcoin ETF
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market.
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.
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market.
Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs.
Bitwise is one of many financial firms that the SEC continues to delay when it comes to considering their spot Bitcoin BTC ETF applications.
The SEC has now postponed decisions on several spot BTC ETF applications, including ARK 21Shares, Valkyrie, WisdomTree, VanEck, and Bitwise.
The significance of this IPO is further highlighted when considering the expected global ranking of this offering.
As the US national debt rises, some estimates suggest a possible $45 trillion level over the next couple of years.
Evergrande has informed the Hong Kong Stock Exchange that it intends to delay a restructuring meeting because things are not going as planned.
Lumi IPO’s success is seen as a positive indicator for other Saudi companies contemplating going public.
Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development.
Analysts believe that Bank of Japan would soon face pressure to raise interest rates and reverse from its loose monetary conditions.
The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious.
Amid sticky inflation, Fed Chair Jerome Powell said that they would approach the monetary policy very cautiously. Analysts expect only two rate cuts instead of four, in 2024.
Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems.
Shares of Instacart are currently struggling to keep up with the rise recorded in the company’s debut on the Nasdaq.
Klaviyo priced its IPO at $30 per share, offering 19.2 million shares to the public. This pricing valued the company at $9 billion on a fully diluted basis.