News – Archive
SEC Chair Gensler on Spot Ether ETF Launch: A Cautious Approach
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…
| ETF, Ethereum, Front page, News
Bitcoin Miners Face Post-Halving Challenges as Reserves Hit 14-Year Low
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…
| Bitcoin, Front page, News
BNB Hits All-Time High as Crypto Market Rebounds with Bitcoin ETFs Drawing $887 Million
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…
| Bitcoin, ETF, Front page, News
Leveraged Ether ETFs Launch in the U.S.: A Deep Dive into the Impact and Implications
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…
| ETF, Ethereum, Front page, News
Ethereum ETF Approval: Impact, Controversy, and the Road Ahead
The U.S. SEC approved the launch of Ethereum ETFs, marking a significant milestone in the cryptocurrency world.
Ethereum loyalists believe the ETF news isn’t fully priced in, suggesting potential for further growth.
Bitcoin miners argue Ethereum will never rival Bitcoin despite its approval, igniting a debate in the crypto community.
The approval could lead to a significant rise in Ethereum’s value, mirroring the market reaction s…
Latest Content
- Money Mushroom Spikes Nasdaq Penny Stock, But FAMI Token Surfaces as a Memecoin
- Solana Dips Over 3% Amid Broader Crypto Market Correction
- Citi, Goldman and 19 peers commit to joint dollar stablecoin targeting 2027 launch
- Bitcoin-Gold Correlation Reaches All-Time High as Debasement Hedge Trade Expands
- London Stock Exchange Explores Tokenized UK Equities via Kraken Parent

