Cryptocurrencies gained more than 3 percent in the past 24 hours amidst lingering excitement about a likely regulatory approval for a spot Bitcoin ETF product. Solana dazzled with overnight gains of close to 13 percent. Frenzy surrounding a spot Bitcoin ETF continues unabated as the product is seen increasing the […]

Michael Sonnenshein, CEO of Grayscale Investments, appeared on CNBC’s “Squawk Box” on 18 December 2023, where he discussed several key aspects of the cryptocurrency market, including the potential impact of a spot Bitcoin ETF in the U.S. and the current state of lobbying efforts in the crypto space. A significant […]

Bank of Japan’s ultra-dovish monetary policy stance and no hints of a policy tweak helped cheer markets subdued by fading euphoria of Fed rate cuts. Not-so-dovish comments from Fed officials also sobered market sentiment. Wall Street Futures reflect mild gains. European benchmarks are trading mostly higher. Asian stocks finished trading […]

Cryptocurrencies declined more than 2 percent in the past 24 hours even as markets continued to wait for an SEC approval for Bitcoin Spot ETF products. Not-so-dovish comments by Fed officials that tried to push back on early rate cut expectations also weighed on sentiment. The Securities and Exchange Commission […]

Market sentiment was dampened by uncertainty about the timing and extent of rate cuts by the Fed amidst some Fed officials pushing back against early rate cut expectations. Anxiety ahead of Bank of Japan’s interest rate decision to be announced late on Monday also swayed sentiment. Wall Street Futures reflect […]

According to banking giant JPMorgan, the price of ether is poised to outperform Bitcoin in 2024 due to a key technological upgrade that will make the Ethereum blockchain more scalable. JPMorgan analysts nonetheless remain generally cautious about crypto prices in the coming year amid “excessive optimism” over the approval of […]

On 14 December 2023, Sandy Kaul, the head of digital asset and industry advisory services at Franklin Templeton, shared her vision of Bitcoin’s role in future global economics in an interview with crypto influencer Natalie Brunell. Franklin Templeton is a global investment management organization known for its extensive range of […]

Jan van Eck, the CEO of global asset manager VanEck, appeared on CNBC’s “The Exchange” with Kelly Evans on 15 December 2023 to share his thoughts on Bitcoin. Key Points Discussed: VanEck’s Early Adoption of Bitcoin: Van Eck highlighted that VanEck was among the first established ETF players to file […]

Bitwise forecasts that the world’s largest cryptocurrency is poised to benefit from two positive catalysts in 2024, fueling a surge to a new all-time high of $80,000. Bitwise also predicted that stablecoins would settle more money than Visa in the same year. BTC Eyes $80K In 2024 Amid Spot ETF […]

Steven McClurg, the co-founder and Chief Investment Officer (CIO) of Valkyrie Investments, recently engaged in a comprehensive discussion with Talia Kaplan on CNBC Crypto World. The conversation centered around Valkyrie’s pending application for a spot Bitcoin Exchange-Traded Fund (ETF) in the United States, alongside other asset managers like BlackRock, Fidelity, […]