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…
ETF
Bitcoin Climbs to $58,000 as ETF Inflows Spike, Drawing Attention to MoonTaurus (MNTR) As Best Crypto For 2024 Summer
Bitcoin has recently surged to $58,000, driven by a significant increase in inflows into exchange-traded funds (ETFs). This rise marks a renewed confidence among investors, particularly institutional ones, who are turning to Bitcoin as a stable and promising investment. The spike in ETF inflows has played a crucial role in boosting Bitcoin's price, highlighting the growing interest in regulated crypto investment options. As Bitcoin reaches new heights, the focus on cryptocurrency continues to intensify, drawing attention to other emerging tokens…
10 months ago
Bitcoin ETF Options Expected in Q4, Analyst Says
Bitcoin ETF (exchange-traded funds) options could be available as soon as the fourth quarter (Q4) of 2024, increasing the range of investment strategies for traders. This speculation comes after the successful launches of spot ETFs for Bitcoin (BTC) and Ethereum (ETH) in the US. Analyst Sets Clock for Bitcoin ETF Options Responding to a question on when options will be approved for spot Bitcoin ETFs, James Seyffart said Q4 this year. According to the ETF analyst, the final deadline for…
10 months ago
Ethereum ETF vs Mpeppe: Market Experts Dive Into Which Is the Better Investment
Investors face a plethora of choices, each promising unique benefits and potential returns. Among the latest discussions is the choice between investing in Ethereum (ETH) ETFs and the newly launched Mpeppe (MPEPE). Market experts are diving deep into which of these options offers better long-term value. Let’s explore why Ethereum (ETH) ETFs and Mpeppe (MPEPE) are generating buzz and what might be the more prudent investment choice. Ethereum ETF: A Stable Gateway to Crypto Investment Ethereum (ETH) ETFs offer a…
10 months ago
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
Ethereum ETF Displays Increased Inflow As Market Experiences A Bullish Action!
The post Ethereum ETF Displays Increased Inflow As Market Experiences A Bullish Action! appeared first on Coinpedia Fintech News On 08th August, Blackrock’s “ETHA” recorded the highest inflow of $11.7 Million, followed by Grayscale’s “ETH” with $5 Million. Further, Bitwise’s “ETHW” has added $2.8 Million. Notably, 21 Shares, VanEck, Invesco, and Franklin have recorded a neutral flow. On the other hand, Fidelity’s “FETH” recorded an outflow for the first time at $2.6 million. Grayscale’s “ETHE” outflow streak continues but has…
10 months ago
Analyst Mega Bullish On XRP, Foresees Potential ETF And Price Range Between $16-$20
In a significant legal victory for Ripple Labs, Judge Analisa Torres recently ruled in favor of the company in its prolonged legal battle against the US Securities and Exchange Commission (SEC), ordering a payment of $125 million to the regulator. The ruling also clarified that XRP, the cryptocurrency at the center of the case, is not deemed a security, marking a pivotal moment for the token’s future outlook. Analyst Sees Bright Days Ahead Following this landmark decision, the sentiment surrounding…
10 months ago
Nasdaq and NYSE Proposes ETH ETF Options : SEC’s Green Signal is awaited
The post Nasdaq and NYSE Proposes ETH ETF Options : SEC’s Green Signal is awaited appeared first on Coinpedia Fintech News Bitcoin and Ether ETFs are no new names for crypto people now. They allow investors to invest in cryptocurrencies without actually buying it. Nasdaq and NYSE have filed proposals to trade options of spot ETH ETF. They filed a proposal of rule change with the SEC to permit the listing and trading of Options of ETH ETF. Let’s understand…
10 months ago
Ethereum ETF or Mpeppe Which Will Create Millionaires, Experts Insight
The cryptocurrency investment landscape is currently buzzing with two exciting opportunities: Ethereum (ETH) ETF and Mpeppe (MPEPE). Both have their unique advantages and cater to different investor profiles. Here’s a detailed analysis of these options and insights from experts on which might be the more promising path to significant wealth. Ethereum ETF: The Safe Bet for Traditional Investors The Ethereum ETF offers a structured and regulated way to invest in Ethereum (ETH), making it an attractive option for those seeking…
10 months ago
Japan’s FSA Says Crypto ETF Approval Decisions Need ‘Cautious Consideration’
The post Japan’s FSA Says Crypto ETF Approval Decisions Need ‘Cautious Consideration’ appeared first on Coinpedia Fintech News According to a Bloomberg report, the boss of Japan’s Financial Services Agency (FSA) said that “cautious consideration” needs to be given to the decision of approving crypto-related ETFs. The FSA Commissioner stated that many people believe crypto assets do not necessarily contribute to the wealth creation of the Japanese people in a stable and long-term manner. While Japan has yet to approve…
10 months ago