SEC delays decision on NYSE application for ETH ETFs options
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the New York Stock Exchange’s (NYSE) proposal to list and trade options on Ethereum (ETH) exchange-traded funds (ETFs). This delay allows the SEC additional time to evaluate the proposal’s compliance with regulatory standards and investor protection measures. FXStreet The NYSE’s application seeks to […]
Bitcoin Price Forecast: BTC eyes $80K as Coinbase traders raise demand 145%
Bitcoin (BTC) is approaching the $80,000 mark, driven by a significant increase in trading activity on Coinbase. The cryptocurrency’s price has surged to approximately $80,760, reflecting a 5.17% rise from the previous close. This upward momentum is largely attributed to a 145% increase in demand from Coinbase traders, indicating heightened investor interest. The surge in […]
Bitcoin, crypto market remain in uptrend following 25 bps Fed rate cut
The cryptocurrency market, led by Bitcoin, continues its upward trajectory following the Federal Reserve’s 25 basis point rate cut. This monetary easing has bolstered investor confidence, prompting increased interest in digital assets. Bitcoin’s price has risen, reflecting the market’s positive response to the Fed’s decision. Other cryptocurrencies have also experienced gains, indicating a broad-based rally […]
XRP sees bullish momentum following $123 million increase in open interest
XRP has gained bullish traction with a $123 million increase in open interest, reflecting heightened investor interest and optimism for the token. The rise in open interest indicates that more investors are betting on XRP’s upward movement, fueling buying momentum in the market. Technical indicators, such as the Relative Strength Index (RSI), have moved above […]
Bitcoin shows potential for downside as BTC/USD signals strategic sell opportunity
The BTC/USD trading pair is indicating a strategic sell setup as Bitcoin trades near recent highs, with technical signals hinting at a potential correction. Some indicators are pointing to overbought conditions, suggesting that short-term sellers may find an opportunity as momentum begins to slow. Analysts are noting signs of waning momentum in BTC/USD, which could […]
Bitcoin reaches new high at $76K as traders eye Fed rate cuts following Trump victory
Bitcoin surged to an all-time high of $76,000 as traders evaluate Trump’s recent win and the likelihood of upcoming Federal Reserve rate cuts. The digital asset’s impressive rally reflects growing interest from investors seeking a hedge against inflation and economic uncertainty, positioning Bitcoin as a key alternative during unpredictable times. Expectations of potential Fed rate […]
Meme coins PEPE, BONK, and FLOKI rally with double-digit gains after Trump’s victory
Leading meme coins PEPE, BONK, and FLOKI posted strong double-digit gains following Trump’s recent victory, sparking heightened interest among retail investors. This surge reflects the unique nature of meme coins, which tend to respond quickly to political and social events, drawing in traders seeking rapid returns in high-risk assets. The impressive rally of these meme […]
Trump trade gains momentum as bitcoin, dollar, and bond yields climb
The “Trump trade” is back in full swing, with Bitcoin, the U.S. Dollar, and bond yields all experiencing a sharp surge. Investors are responding to renewed expectations that Trump’s policy direction could drive economic growth, inflation, and heightened market activity, prompting moves across asset classes. Bitcoin’s climb is a reflection of renewed risk appetite among […]
XRP could be set for bull season as Trump secures victory in US presidential election
With Donald Trump securing a return to the White House, the cryptocurrency market, particularly XRP, may be positioned for a bullish phase. Throughout his campaign, Trump expressed a pro-crypto stance, including intentions to replace current regulatory leadership and implement policies favorable to digital assets. This potential regulatory shift could alleviate pressures on cryptocurrencies like XRP, […]
What’s next for Bitcoin and Crypto industry following Trump’s victory in US Presidential election
Following Donald Trump’s recent victory in the U.S. presidential election, the cryptocurrency market, particularly Bitcoin, has experienced notable movements. Bitcoin’s price surged to a record high of $75,389, reflecting investor optimism about the potential for more favorable regulatory policies under the new administration. Throughout his campaign, Trump expressed strong support for cryptocurrencies, pledging to transform […]