Standard Chartered Bank, a major player in global finance, has predict: Solana (SOL) and Ripple’s XRP could be the next big things to get their own ETFs (exchange-traded funds) by 2025. This comes hot on the heels of the recent approvals for Bitcoin and Ethereum ETFs, and it’s got everyone Continue Reading
institutional investors
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Altcoin
Standard Chartered Predicts Solana and XRP ETFs by 2025
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BITCOIN
London Stock Exchange Approves Bitcoin and Ethereum ETPs
London Stock Exchange Approves Bitcoin and Ethereum Exchange-Traded Products (ETPs) The London Stock Exchange (LSE) has approved the listing of Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Products (ETPs). This marks a significant step in the integration of cryptocurrency with traditional finance. What are ETPs? Exchange-Traded Products are securities that track Continue Reading
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BITCOIN
Surge in Demand for Bitcoin ETFs and Ethereum
Wealth desks at major banks have observed a remarkable surge in demand for Bitcoin (BTC) spot exchange-traded funds (ETFs) from their clients. Added to this unprecedented demand are requests for structured products such as Accumulators and FCNs, reflecting a growing interest in diverse crypto investment options. Furthermore, asset managers are Continue Reading
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Crypto News
IOTA Ecosystem DLT Foundation Registered in Abu Dhabi
IOTA Foundation has successfully registered the IOTA Ecosystem DLT Foundation under the DLT Foundations Regulations of the Abu Dhabi Global Market (ADGM). This achievement solidifies IOTA’s position at the forefront of digital and real-world convergence in the MENA region and globally. This strategic step is part of the IOTA Foundation’s Continue Reading
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BITCOIN
MicroStrategy Bitcoin Holding Surge to $1.2 Billion Profit
MicroStrategy has made profit of $1.2 billion on its Bitcoin holdings. The news comes at a time when Bitcoin is reaching 18-month highs, solidifying the company’s strategic move into the world of digital assets. MicroStrategy’s CEO, Michael Saylor, has been a vocal advocate for Bitcoin as a store of value. Continue Reading
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BITCOIN
Bitcoin ETF Speculation, and the Future of Crypto
The recent verdict in the Sam Bankman-Freed FTX case, where he was found guilty on seven counts of fraud, marks a significant milestone in the growth and maturation of the cryptocurrency industry. This development sheds light on the challenges faced by the industry, including inexperienced entrepreneurs, unreliable custodians, and the Continue Reading
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Altcoin
Grayscale Adds Lido $LDO Token to DeFi Fund
Grayscale, the leading digital asset management firm, has made a significant adjustment to its investment portfolio of decentralized finance (DeFi) funds. In this latest move, Grayscale has added the Lido (LDO) token to its DeFi fund, positioning it as the second-largest token in the fund’s composition. This strategic decision reflects Continue Reading
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Altcoin
Maker $MKR Surges Over 40% in 7 Days on Protocol Expansion
MKR has experienced an impressive surge of over 40% in the past seven days. This significant increase in value can be attributed to several factors, including the introduction of the Smart Burn Engine proposal, the expansion of the Spark protocol, the deployment of the MKR repurchase contract, and the notable Continue Reading
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BITCOIN
Bitcoin Exchange Balances Hit Lowest Level since March 2018
Glassnode reported a significant decline in the number of Bitcoin held on cryptocurrency exchanges. The exchange balance has reached its lowest level since March 2018, with only 2.26 million BTC remaining. This data, obtained from glassnode, reveals a staggering decrease of 2.44 million Bitcoin from the total circulating supply back Continue Reading
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BITCOIN
Major Asset Manager BlackRock Resubmits Bitcoin ETF Filing
In a recent development, global asset management firm BlackRock has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) on June 29. Notably, the company’s latest filing includes Coinbase, the leading cryptocurrency exchange, as a part of their application. This move by BlackRock signals the firm’s growing interest in Continue Reading
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BITCOIN
CME Group Introduces Ether/Bitcoin Ratio Futures
CME Group has announced the launch of Ether/Bitcoin Ratio Futures. This innovative contract enables market participants to execute a relative value trade between Ether futures and Bitcoin futures in a single transaction. With this new offering, investors can gain exposure to cryptocurrencies without having to take a specific directional view. Continue Reading
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BITCOIN
Bitcoin’s Multi-Year Bull Market Predicted by Bitwise CEO
According to Bitwise CEO, Matt Hougan, the outlook for Bitcoin is bullish, with a multi-year bull market on the horizon. This optimistic forecast stems from the growing interest shown by institutional investors, who are increasingly recognizing the potential of the cryptocurrency. Despite the regulatory scrutiny faced by the crypto market, Continue Reading
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BITCOIN
Bitcoin: Breaking 30k Barriers and Setting New Records
Bitcoin, the world’s leading cryptocurrency, has been making waves in the financial market. Its recent achievement of surpassing the $30,000 mark and experiencing a remarkable 12% gain within just 24 hours has caught the attention of investors worldwide. This significant milestone signifies Bitcoin’s resurgence since April 2023, instilling renewed hope Continue Reading
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BITCOIN
Bitcoin Surges to $29,000 Driven by Institutional Support
Despite facing regulatory pressure and scrutiny, Bitcoin remains unfazed, continuing its upward trajectory and surpassing the $29,000 level. This impressive perfocan be attributed to the increasing interest from exchange-traded fund (ETF) institutions. Notably, four prominent ETF institutions, including iShares, Bitwise, WisdomTree, and Invesco, have recently filed applications for a Bitcoin Continue Reading
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Crypto News
Bitcoin Skyrockets by 7% in 24 Hours, Surpasses $28,000 Mark
Bitcoin, the leading cryptocurrency, has witnessed a remarkable surge in value, surpassing the $28,000 mark. Over the past 24 hours alone, Bitcoin has gained nearly 7%, signaling a resurgence in its market performance
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Crypto News
Michael Saylor: Bitcoin’s Bull Run and Regulatory Clarity
In a recent interview, Michael Saylor, the chairman of MicroStrategy, shared his optimistic perspective on Bitcoin’s future. Saylor highlighted that Bitcoin has reached its bottom and is now experiencing a significant bull run. He also emphasized the achievement of regulatory clarity surrounding Bitcoin, which solidifies its status as a secure Continue Reading