So far, professional investment firms own about $3 billion of BTC ETFs. Bitwise exec term $3B as a ‘down payment’ as allocation will increase in 6 months. As an analyst with a background in financial markets and experience in following Bitcoin’s trends, I find the recent developments surrounding institutional investment in Bitcoin through BTC ETFs … Read more
As a researcher with a background in the financial industry and a keen interest in cryptocurrencies, I find Vanguard’s decision not to launch a spot Bitcoin ETF intriguing. The new CEO, Salim Ramji, who was previously responsible for BlackRock’s global ETF business and oversaw the launch of its spot Bitcoin ETF, has stated that the … Read more
Pepe Coin reached a new ATH, with a whale earning a $14 million profit. Market analysis and technical indicators suggested a potential short-term retracement. As a researcher with extensive experience in the cryptocurrency market, I find the recent surge of Pepe Coin (PEPE) both fascinating and cautionary. Reaching a new all-time high (ATH) of $0.00001151, … Read more
As an experienced financial analyst with a background in cryptocurrencies, I find the recent surge in Bitcoin’s price and the potential indicators for further growth intriguing. The positive US inflation data has certainly given traders confidence, pushing Bitcoin past $65,000 and setting sights on $70,000. As a crypto investor, I’ve witnessed a significant surge in … Read more
As a researcher with a background in crypto markets, I’ve seen my fair share of repayment plans from bankrupt exchanges. The upcoming cash repayments to FTX creditors, estimated at $14.5 billion, have the potential to create a significant wave of buying pressure in the market. According to K33 Research analysts, anticipated cash payments to FTX … Read more
As a researcher with a background in finance and experience following the regulatory landscape of digital assets, I strongly believe that Representative Wiley Nickel’s concerns regarding the Securities and Exchange Commission (SEC) and its proposed Staff Accounting Bulletin 121 (SAB 121) are valid. The SEC’s “open hostility” towards the cryptocurrency industry could potentially harm President … Read more