Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bloomberg
BTC ETF Options Coming Soon? Bloomberg ETF Analyst Notes ‘Some Movement’
The post BTC ETF Options Coming Soon? Bloomberg ETF Analyst Notes ‘Some Movement’ appeared first on Coinpedia Fintech News James Seyffart took to X to share that there’s definitely some movement on Bitcoin ETF options. “CBOE just withdrew their application for options on spot Bitcoin ETFs. Which sounds like a bad thing at first… But at the same time they just re-filed a brand new and updated application”, he noted. Three Exchanges Withdraw Their Application, But Does It Matter? However,…
10 months ago
Bloomberg Senior Analyst Faces Backlash from XRP Community Over XRP Joke
The post Bloomberg Senior Analyst Faces Backlash from XRP Community Over XRP Joke appeared first on Coinpedia Fintech News At a recent Bitcoin conference, Bloomberg’s senior crypto analyst, James Seyffart, found himself in the middle of a controversy after making a joke about XRP. The comment didn’t go unnoticed by the “XRP army,” a community of XRP supporters, who quickly took to social media to express their displeasure. Seyffart Joke On XRP The incident came to light after a tweet…
11 months ago
Bloomberg Analyst Confirms Date for Ethereum ETFs, Traders Eye Internet Computer and Algotech (ALGT) Over SUI
The post Bloomberg Analyst Confirms Date for Ethereum ETFs, Traders Eye Internet Computer and Algotech (ALGT) Over SUI appeared first on Coinpedia Fintech News The crypto world is excited as a Bloomberg analyst hinted at the imminent arrival of Ethereum ETFs. Following this, investors are diverting their attention towards other ventures such as Internet Computer (ICP) and Algotech (ALGT), potentially overlooking SUI. This signifies a noteworthy achievement in the crypto sphere, opening up possibilities for greater institutional funding and wider…
11 months ago
Bloomberg Analyst Revises Spot Ethereum ETFs Launch Date As SEC Returns S-1 Forms
The post Bloomberg Analyst Revises Spot Ethereum ETFs Launch Date As SEC Returns S-1 Forms appeared first on Coinpedia Fintech News Uncertainty runs high and investors and traders are left in suspense on the future of Spot Ether ETFs as the Securities and Exchange Commission (SEC) hits the brakes on the approval process. ETFSwap (ETFS), on the other hand, is ready to begin trading Spot Ethereum ETFs as new Bloomberg updates storm the media. Navigate Uncertainty in the Future of…
11 months ago
Solana ETF Faces Regulatory Hurdles, Could Wait Until 2025, Bloomberg Analyst Says
VanEck has filed an application for Solana ETF in the US. Bloomberg ETF said approval might not come until 2025 due to regulatory strain. Bloomberg analyst James Seyffart says the first Solana (SOL) Exchange-Traded Fund (ETF) filed by VanEck might face regulatory hurdles in the US. The analyst highlights 2025 as the possible timeline for the Solana ETF launch. Regulatory Hurdles Plaguing Solana ETF Launch Taking to the X platform, Seffart stated that the Solana ETF launch will depend on…
11 months ago
Solana ETF To Get Launch In 2025 Says Senior Bloomberg Analyst
The post Solana ETF To Get Launch In 2025 Says Senior Bloomberg Analyst appeared first on Coinpedia Fintech News After Bitcoin & Ethereum ETF, now VanEck, a prominent investment management firm based in New York City, has filed for a Solana ETF. However, doubts hover over whether the current administration will approve it. Notably, Senior Bloomberg ETF Analyst James Seyffart predicts that a Solana ETF could hit the market by 2025. Solana ETF To Launch By 2025 In a recent…
12 months ago
Bloomberg Predicts July 2 Ether ETF; 5thScape Presale Exceeds $6M in June!
Bloomberg ETF analysts have advanced their forecast of Spot Ether ETFs from launching on the 14th to July 2nd in light of reactions from the SEC. Finally, the SEC was quickly approving S-1 forms. Analyst Eric Balchunas said that the SEC comments were minor. This is a much shorter period than what SEC Chair Gary Gensler projected recently could take until September. 5thScape is in the limelight as its presale rallies to $6 million in June while the crypto market…
12 months ago
Bloomberg Analyst Predicts July 2 Launch for Spot Ethereum ETF
The post Bloomberg Analyst Predicts July 2 Launch for Spot Ethereum ETF appeared first on Coinpedia Fintech News Bloomberg analyst Eric Balchunas has revealed a revised launch date for the spot Ethereum ETF: July 2nd. This announcement follows positive feedback from the SEC. The review of S-1 filings by the SEC is proceeding well, with only a few comments needing to be addressed. Balchunas mentioned this new accelerated timeline for the SEC, aiming for ETF approval before the holiday weekend.…
12 months ago
Tensions Rise as Bloomberg Analyst Steven Neyaroff Criticizes SEC’s Stance on Crypto
The post Tensions Rise as Bloomberg Analyst Steven Neyaroff Criticizes SEC’s Stance on Crypto appeared first on Coinpedia Fintech News American crypto economy is on the verge of breaking because of the aggressive stance by rules by SEC Chair Gary Gensler and other influential people. These current rules are being opposed and criticized for doing more harm than good by the public, represented by Steven Neyaroff and Mark Cuban. Steven Neyaroff’s Vocal Opposition Senior Bloomberg analyst, Steven Neyaroff, has openly…
1 year ago