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SEC mulls approving Ethereum ETF options


They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said

Jack Dorsey’s Block Bets Big on Bitcoin Mining 


Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In...

Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit


At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%...

Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows


U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed...

QCP Capital: Trump’s Election Win Impacts Crypto and Treasury Markets


QCP Capital reports that the 2024 U.S. presidential election outcome is significantly influencing both cryptocurrency and treasury markets. QCP Highlights Trump Victory’s Effect on Bitcoin and Treasury Yields Highlighting a Positive Feedback Loop According to QCP Capital’s latest...

German Government Collapses, Plunging Economy Into Unprecedented Uncertainty


Germany’s economic troubles deepen as the ruling coalition disintegrates, exacerbating issues like shrinking investment and consumer confidence. Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, signaling a potential snap election. Germany’s economy, already struggling with...

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