Author name: Peter

NYSE Arca Proposes Options Trading for Bitcoin ETFs in Finance Sector Breakthrough

Introduction NYSE Arca Inc. has recently made a groundbreaking move by submitting a proposal to amend its rules to allow options trading on commodity-based trust shares, specifically targeting bitcoin-based ETFs. This initiative, outlined in the 19b-4 filing with the SEC, represents a significant advancement in the range of financial products available for crypto investors. The […]

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Howard Lutnick: Bitcoin to Rally Again with Halving Event, Cantor Fitzgerald CEO Says

Bitcoin's Stable Performance and Anticipated Growth Howard Lutnick, the CEO of Cantor Fitzgerald, a renowned financial services company, shared his insights on bitcoin and tether during his appearance at the World Economic Forum in Davos. Lutnick drew parallels between the excitement surrounding spot gold exchange-traded funds (ETFs) and the expected trajectory of bitcoin. Lutnick observed

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Skybridge Capital Founder Expects Bitcoin Price to Surpass $170K in 2025

Anthony Scaramucci's Bitcoin Price Prediction Skybridge Capital founder Anthony Scaramucci recently shared his optimistic price prediction for bitcoin during an interview at the Reuters Global Markets Forum. He believes that if the price of the cryptocurrency remains at its current level until the halving in April, it could surge past $170,000 next year. Scaramucci's prediction

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Senior Analyst Advises Investors to Buy Bitcoin Dip and Focus on New Adoption Cycle

Global Asset Management Firm's Senior Analyst Recommends Buying Bitcoin Dip A senior analyst specializing in digital assets at global asset management firm Alliance Bernstein, Gautam Chhugani, has advised investors to buy the bitcoin dip. In a client note reviewed by Yahoo Finance, Chhugani emphasized the importance of focusing on the new bitcoin adoption cycle. He

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Ethereum Technical Analysis: ETH Finds Stability Amidst Market Swings

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a period of stabilization after recent market volatility. With a market cap of $305 billion and a significant trade volume of $18.11 billion, Ethereum continues to exert its influence in the digital currency market. Technical Indicators A closer look at Monday's technical indicators reveals a mixed

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South Korea’s Crypto Trading Volume Soars: A Look at the Top Coins

Introduction Over the last 100 days, South Korea has experienced a significant surge in crypto trading activity. The country's leading crypto exchanges, Upbit and Bithumb, witnessed record-breaking trading volumes in the initial week of January 2024. However, the most popular traded coins in South Korea differ from the leading pairs found on global platforms like

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Hong Kong Virtual Asset Consortium Updates Crypto Indexes, Excluding XRP

Introduction Hong Kong is strengthening its crypto regulatory framework and embracing exchange-traded funds (ETFs). In line with these developments, the Hong Kong Virtual Asset Consortium (HKVAC) has made revisions to its crypto indexes, prioritizing tokens with strong market performance and growing industry partnerships. This article explores the recent updates made by the HKVAC and the

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SEC Chair on Spot Bitcoin ETF Approval and Centralization

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, discussed the irony of spot bitcoin exchange-traded funds (ETFs) in an interview with CNBC on Friday. The securities regulator approved 11 spot bitcoin ETFs last week. Centralization

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