CryptoNews

Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate – Market Updates Bitcoin News

As of this writing, the crypto market is cruising at a value of $1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. This past week saw both bitcoin and ethereum experiencing notably stagnant weeks in terms of their percentage changes, while a number of other digital currencies outshone the top two. Standing out this week were the cryptocurrencies BONK and TAO, which soared…
Read more
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…
Read more
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…
Read more
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…
Read more