June 1, 2024 JPMorgan Predicts ‘Negative’ Initial Reaction for Ethereum ETFs — Expects Lower Demand Than Bitcoin ETFs JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment…
June 1, 2024 Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim Ghader, who sought recovery for lost profits and damages…
June 1, 2024 Worrying Signs For XRP: Price Tumbles As Demand Dries Up Crypto investors are keeping a close eye on Ripple (XRP) as technical indicators paint a concerning picture for the altcoin’s price. After closing below…
June 1, 2024 Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from…
June 1, 2024 Bitcoin exchange balances decline to five-year low, major outflows from Binance and Coinbase signal long-term holding strategies Onchain Highlights DEFINITION: Balances on exchanges are the total amount of coins held on exchange addresses. Bitcoin’s balance on exchanges has continued its downward…
June 1, 2024 Senate Urged to Pass Landmark Crypto Bill After ***** Vetoes Resolution to Overturn SEC Rules Following President Joe *****’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules in SAB 121, U.S….
June 1, 2024 Bitcoin, Ether, Solana, XRP, Cardano, Shiba Inu To Hit $200 Trillion in 10 Years — Animoca Founder’s Big Bet Yat Siu, founder of Web3 giant Animoca Brands, has boldly predicted a transformative shift in the crypto industry, envisioning a $200 trillion market cap…
June 1, 2024 Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance Following the failure to break above the $72,983 resistance level, the price of Bitcoin has continued to drop. Although Bitcoin’s price is still trading…
June 1, 2024 Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’ Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission…
June 1, 2024 Whale Investments into Bitcoin Hit $100 Billion In 2024, Fueling Insane Investor Optimism In a notable development, data from analytics firm Cryptoquant reveals that whale investors poured a staggering $100 billion into Bitcoin in the first half…