We give the Best Educational and Informative Contents on Finance, Forex Trading, blockchain, Web3, and the Metaverse
Bitcoin rallied toward $66,000 on Wednesday following gains in the US stock market, as cryptocurrencies attempted to reverse their 2026 slump amid renewed buying pressure from American investors. Since Bitcoin’s correlation with traditional markets hit its weakest level since the FTX collapse in late 2022, the daily correlation coefficient between BTC price and the S&P…
Harvard University has trimmed its Bitcoin holdings and rotated capital into Ethereum, signaling a potential shift in how major institutions are thinking about crypto’s two largest assets. The endowment sold a portion of its iShares Bitcoin Trust (IBIT) shares while simultaneously opening a new position in BlackRock’s iShares Ethereum Trust, according to a 13F SEC…
U.S. spot Bitcoin ETFs experienced significant outflows of $410.4 million on Thursday, marking the sixth negative trading day in the past ten days as institutional conviction wavers amid a volatile macro environment. BlackRock’s IBIT led the exodus with $157.6 million in outflows, followed by Fidelity’s FBTC at $104.1 million and Grayscale’s GBTC at $59.1 million….
U.S. spot Bitcoin exchange-traded fund (ETF) investors are demonstrating unexpected resilience amid a four-month cryptocurrency downturn that has wiped out significant gains since the products launched in January 2024. Bitcoin ETF holders are currently sitting on paper losses of approximately 42%, with the world’s largest cryptocurrency trading below $73,000. Despite these substantial losses, ETF analyst…
Morgan Stanley Files for Bitcoin and Solana ETFs as SHIB Erases Zero and Bollinger Warns on XRP Morgan Stanley has filed applications for Bitcoin and Solana exchange-traded funds, signaling institutional interest in expanding cryptocurrency exposure beyond Bitcoin. Financial services giant Morgan Stanley’s move represents a significant step in bringing Solana into the mainstream investment landscape…
Spot Bitcoin ETFs saw $1.2 billion pulled out over eight days, even though they grew in 2024. The 12 U.S. spot Bitcoin ETFs together lost this amount between August 30 and September 6. This marked the longest period of withdrawals since these spot Bitcoin ETFs were introduced in January. The withdrawals came as Bitcoin prices dropped,…
Multi-million global investment firm, VanEck is set to launch the first Bitcoin ETF on the Australian Securities Exchange (ASX) this Thursday. The announcement, which came earlier this week, marks the culmination of a three-year journey for VanEck and a significant milestone for cryptocurrency’s integration into mainstream finance. The official announcement was made public on June…
Thailand’s Securities and Exchange Commission (SEC) has given the green light for the country’s first spot Bitcoin exchange-traded fund (ETF), a move that underscores the nation’s progressive stance on digital assets. However, this financial instrument will be exclusively available to wealthy and institutional investors. The approval was announced recently, with the Thai SEC endorsing…
Introduction The crypto industry has hit the mainstream. There is no denying that in the aftermath of the Securities Exchange Commission (SEC) approving Bitcoin ETFs, and the subsequent gold rush to purchase these novel financial products which has overrun the industry ahead of the April’s fourth Bitcoin halving, in which the miner reward will be…
Evaluation of Bitcoin ETF Proposals Continues The U.S. Securities and Exchange Commission (SEC) is currently in the Evaluation of Bitcoin ETF Proposals, as confirmed by SEC Chairman Gary Gensler. Discussions with companies seeking approval for spot Bitcoin ETFs are ongoing. During an interview with Bloomberg reporter Kailey Leinz, Gensler acknowledged concerns related to the Grayscale…
