Investing.com – (BTC) and (ETH) are now officially recognized as digital commodities by court ruling. A triumph for the crypto community? Perhaps. But lurking behind this apparent victory are deeper, threatening shadows. Court Confirms Commodity Status On Wednesday, Rostin Behnam, Chairman of the US Commodities Futures Trading Commission (CFTC), confirmedContinue Reading
U.Today – ‘s trading volume made a huge comeback that not many expected since the market’s sentiment remains suppressed. However, numerous altcoins saw inflows from larger institutional investors, and the improvement of the market sentiment is a great sign. Increased interest in and activity on the Bitcoin market can beContinue Reading
U.Today – Old-school commodity trader Peter Brandt published a tweet, engaging the community in a discussion about BTC patterns and the cryptocurrency’s potential price moves. He also slammed the second largest crypto, , in the comments under his tweet. Bitcoin is not going to $44,000, Brandt says Peter Brandt addressedContinue Reading
U.Today – has finally entered comeback mode after moving above the $0.000016 level, despite a substantial price drop. At the current rate, we might see a long-term recovery. However, don’t celebrate too early; several factors are contributing to this reversal. The severely oversold condition of Shiba Inu is one ofContinue Reading
U.Today – has lost its footing at around $55,000, which triggered one of the biggest liquidations in the history of the cryptocurrency market. Considering the dire state we are in, it is important to find and highlight the threshold that might act as grounds for a reversal in the foreseeableContinue Reading
Investing.com – Ethereum was trading at $2,898.17 by 23:12 (03:12 GMT) on the Investing.com Index on Friday, down 10.25% on the day. It was the largest one-day percentage loss since November 9, 2022. The move downwards pushed Ethereum’s market cap down to $360.89B, or 17.62% of the total cryptocurrency marketContinue Reading
U.Today – has surpassed in fee income over the past year by an epic 100%, according to the newest report from Lookonchain. Thus, its network has recorded $2.73 billion in fee income, the most in the industry. Bitcoin, in second place, generated $1.3 billion. Closing the top three is TronContinue Reading
U.Today – Take a look at the top three news stories brought to you by U.Today. If (BTC) drops below $57,000, these 3 things will happen Since instead of conquering new highs, Bitcoin has been recently dropping to new lows, one should be ready for various scenarios in order toContinue Reading
(Reuters) – Investment management firm VanEck plans to charge a fee of 0.20% on its proposed spot ethereum exchange-traded fund, according to a U.S. Securities and Exchange Commission filing on Friday. The SEC approved applications from Nasdaq, CBOE and NYSE last month to list ETFs tied to the price ofContinue Reading
Liliya Filakhtova Seven financial firms eyeing exchange-traded funds linked to Ethereum (ETH-USD) amended their S-1 filing on Friday, raising expectations of an imminent launch of the first set of ETFs tied to the second-largest cryptocurrency. According to the industry publication CryptoSlate, Franklin Templeton, VanEck, Invesco Galaxy, BlackRock (BLK), 21Shares, Grayscale,Continue Reading
