Exchange-traded funds (ETFs) giving investors exposure to Ethereum (ETH) will be approved in May, British multinational bank Standard Chartered has projected.  In a Tuesday report, the bank said that it was likely that the U.S. Securities and Exchange Commission would give spot ETH ETFs the green light by the final deadline of May 23.  And […]

The Bitcoin market is currently experiencing a turning point, largely driven by recent trends in Bitcoin exchange-traded funds (ETFs). Yesterday, Bitcoin’s price rose above $43,000, a movement closely tied to changing dynamics in ETF inflows and outflows, particularly involving the Grayscale Bitcoin Trust (GBTC). On January 29, (Bitcoin ETF Day 12), a notable shift occurred. […]

El Salvador ‘s government loves Bitcoin, but Salvadorans? Not so much. The openly Bitcoin-friendly nation saw a sharp decline in cryptocurrency payments in 2023, despite Bitcoin’s price surge and significant governmental promotion efforts. According to the Central Bank of El Salvador, the amount of money Salvadorans living outside their country sent to their local relatives—known […]

Months in the making, Solana decentralized exchange (DEX) aggregator Jupiter is set to launch its JUP token airdrop on Wednesday, January 31. Nearly a million Solana wallets are eligible, and the token launch will likely be the largest in 2024. Are you ready? The long run-up means that Jupiter has already launched an airdrop checker […]

Quantum computing investments declined in 2023, but a slew of recent advancements could indicate a trend reversal is on the way. A Jan. 30 report from IQM, OpenOcean, and Lakestar indicates there’ll be no “quantum winter” in 2024 as the sector looks to recover after quantum computing investments took a 50% dive in 2023.  Dubbed […]

Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market Competition In a strategic move to gain traction in the […]

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Last week, I put the massive buying pressure coming to bitcoin in context, but there is […]

Dogecoin (DOGE) price predictions remain uninspiring, despite an uptick in trading volumes to above $400 million in the past 24 hours. The Dogecoin price was last changing hands just above $0.08, with the 21DMA at $0.0809 acting as a magnet. As per CoinGecko, 24-hour trading volumes for the world’s largest meme coin by market capitalization […]

On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on its website, the exchange noted that institutional clients who make USDC to USD […]

In a January 28 interview with Real Vision co-founder Raoul Pal, Van Eck CEO Jan van Eck noted that a couple of major challenges are hindering the tokenization of real-world assets. According to van Eck liquidity and regulatory issues are still blocking the progress of asset tokenization. “Who provides the liquidity?” van Eck said. “Anyone […]