Category Archive: Cryptocurrency, No picture
Experts speak out on how high Ethereum could go with an ETF approval
Tomorrow is the final deadline for the approval of VanEck’s spot Ethereum exchange-traded fund (ETF) in the US, and expectations are high. Bloomberg ETF analyst James Seyffart shared that an approval movement “is happening,” despite regulatory indicators pointing out to the contrary direction until Monday.As a result, Ethereum (ETH) leaped up to 21% in less […]
ProShares Bitcoin Strategy ETF Chart Analysis
Image Source: Unsplash Bob Lang gives a technical analysis of the stock chart for BITO.Video Length: 00:03:36More By This Author:How To Interpret Market Sentiment Arm Holdings – Chart Analysis Mcdonald’s Is Trying To Fight Inflation
Nasdaq refiles for BlackRock’s proposed Ethereum spot ETF
Nasdaq has submitted an updated 19b-4 form to the Securities and Exchange Commission (SEC) for BlackRock’s proposed spot Ethereum exchange-traded fund (ETF).BlackRock’s updated form, filed on Wednesday, follows the SEC’s request earlier this week for exchanges to revise their 19b-4s, which are critical in the approval process for rule changes necessary for the ETFs to […]
FTSE Skids Lower On Sticky Inflation
On Wednesday, Britain’s FTSE 100 stock index reached its lowest point(-0.79%) in two weeks due to slower-than-anticipated deceleration in Britain’s inflation, which dashed hopes of a June interest rate reduction by the Bank of England. However, Marks & Spencer’s saw an increase in annual profit, leading to gains. The blue-chip FTSE 100 index dropped by […]
White House opposes FIT21, citing concerns over lack of investor protection
The White House has published a statement of administrative policy expressing opposition to the passage of the Financial Innovation and Technology for the 21st Century Act (FIT21) in the US House of Representatives.In the statement, the White House emphasized its eagerness to work with Congress on developing a comprehensive and balanced regulatory framework for digital […]
Hong Kong orders Worldcoin to stop collecting iris biometric data
Hong Kong’s privacy watchdog has banned Worldcoin from collecting biometric data within its jurisdiction, according to a notice issued on May 22 by the Office of the Privacy Commissioner for Personal Data (PCPD). “The Privacy Commissioner has served an enforcement notice on Worldcoin Foundation, directing it to cease all operations of the Worldcoin project in […]
TRON DAO at DC Blockchain Summit
Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures in blockchain and digital assets to engage with top policymakers and regulators, […]
Gold And Silver Rally Takes A Breather
Image Source: Unsplash Gold, silver, and platinum closed above USD $2400, $30, and $1000 per ounce respectively on Friday following a memorable week that saw all metals make significant gains. In fact, silver’s close was its highest in over 10 years.So far this week, the metals have paused to take a breath. Investors are taking profits, […]
USD/CAD Rises To 1.3660 As US Dollar Moves Higher Ahead Of FOMC Minutes
The USD/CAD pair moves higher to 1.3660 in Wednesday’s American session. The Loonie asset gains as the US Dollar rises amid caution ahead of the release of the Federal Open Market Committee (FOMC) minutes, which will be published later the day.The FOMC minutes will provide more cues about whether policymakers are comfortable with market expectations for the Federal […]
The Energy Report: Empty The Tank.
Empty Ideas just empty the tank. The Biden Administration wants to try to convince Americans that despite being the most anti-fossil fuel administration in history they still want to see low gas prices even as their policies say otherwise. The latest move by the Biden Administrations to sell that point to voters is a move to […]
