When choosing a jurisdiction to legalize forex activities, many brokers consider the classification of countries by categories A, B, C, and D, depending on their prestige. The first three categories include the USA, Australia, and European countries. Offshore jurisdictions are becoming increasingly popular. Many of them are no longer associated with gray havens for funds withdrawal. Local regulatory authorities are developing transparent legal…
SEC Chair Gary Gensler suggests a delay in the launch of spot Ether ETFs.
Gensler points out the need for more time for the disclosure process.
The SEC approved 19b-4 filings for spot Ether ETFs on May 23.
Gensler accuses crypto exchanges of engaging in activities not allowed for traditional exchanges.
In a recent interview, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), hinted that the launch of…
Bitcoin miner reserves are at their lowest in 14 years, down 50% from all-time highs.
The recent Bitcoin halving has significantly impacted miner profitability and reserves.
Mining revenue has fallen by 42% in May, the first full month post-halving.
Bitcoin production has decreased, with miners like Bitfarms reporting a 42% drop in production in May.
The number of new Bitcoin addresses, miner revenue, transaction fees, and on-c…
BNB, the native token of the Binance Smart Chain, reached a new all-time high on June 5, 2024.
Bitcoin ETFs experienced their second-best day ever on June 4, with $887 million in inflows.
The crypto market shows signs of recovery as both BNB and Bitcoin prices surge.
In a significant turn of events for the crypto market, Binance Coin (BNB) reached an all-time high on June 5, 2024. This comes amidst a broader market rebound, h…
Volatility Shares launches the first 2x leveraged Ether ETF in the U.S. on June 4, 2024.
ProShares set to debut the ProShares Ultra Ether ETF (ETHT) and ProShares UltraShort Ether ETF (ETHD) on June 7, offering long and short exposure to Ether at 2x leverage.
The launch of leveraged Ether ETFs indicates a growing appetite for crypto-lined ETFs among U.S. regulators.
These products provide investors with new opportunities to amplif…
