CryptoNews

Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge – Market Updates Bitcoin News

It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number of crypto assets have seen considerable growth in 2023, mitigating the losses they endured from their peak…
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CryptoNews

Report of SEC's Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as 'Real Progress' – Regulation Bitcoin News

The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progress,” said one crypto exchange insider. “The cash vs in-kind debate looks to be finding clarity.” SEC’s Advice Regarding Spot Bitcoin ETFs Optimism for spot bitcoin…
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CryptoNews

Fidelity Files 19b-4 for Spot Ethereum ETF, Aiming to Boost Investor Protection in Crypto Space – Bitcoin News

The asset manager Fidelity has filed a 19b-4 with the Securities and Exchange Commission (SEC) to list a spot ethereum exchange-traded fund (ETF) on the Cboe BZX Exchange. The proposed ETF would hold physical ethereum (ETH) tokens and seek to track the Fidelity Ethereum Index, providing exposure to ether’s daily price movements. Fidelity’s Latest 19b-4 Filing Highlights Spot Ethereum ETF The…
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CryptoNews

South Korea's National Pension Service Dives Into Crypto With $20M Coinbase Investment – Bitcoin News

Regulatory filings with the U.S. Securities and Exchange Commission (SEC) reveal that the National Pension Service of South Korea acquired 282,673 Coinbase Global shares in 2023’s third quarter. This transaction, valued at approximately $20 million, marks the pension fund’s inaugural foray into the cryptocurrency sector. World’s Third Largest Pension Fund Purchases 282,673 Shares of Coinbase…
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