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Dubai VARA grants 'initial approval' to crypto firm WadzPay
2.11.2023
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities
Analyst Predicts Bitcoin Price Rising to $150,000 by 2025 — ‘Imminent’ Approval of Spot Bitcoin ETFs Expected
2.11.2023
Global asset management firm Alliance Bernstein expects the price of bitcoin to reach $150,000 by 2025. The firm’s analyst has predicted “imminent” approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), including those by leading...
PayPal Receives UK’s FCA Approval to Offer Crypto Services to UK Nationals
1.11.2023
Payments giant PayPal has become the latest to secure a cryptoasset registration from the UK’s Financial Conduct Authority (FCA). According to the update on the FCA’s crypto register, the regulator issued registration to PayPal UK Limited on 31 October. The registration would allow...
Web3 Wallet Backpack Launches Registered Crypto Business in Dubai
31.10.2023
Backpack , an all-in-one Web3 wallet, has become the latest to receive a Virtual Asset Service Provider (VASP) license in Dubai. The approval will enable Backpack to launch a regulated cryptocurrency exchange service in the city. Per the company’s press release, Backpack Exchange is set...
Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts
31.10.2023
Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency. While estimating the potential cash inflow for such a fund remains a subject of debate among market players...
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...
Uniswap DAO Signals Approval for $12 Million Investment in Ekubo’s Governance Token – Here’s What You Need to Know
30.10.2023
Uniswap DAO, a major player in decentralized finance (DeFi) world, has shown significant support for a proposal to invest a substantial amount of its treasury funds into Ekubo, a decentralized exchange (DEX) operating on Ethereum’ Starknet network. The proposal suggests investing 3 million...
Digital Asset Investment Products Register Record $326M in Inflows, Led by Bitcoin and Solana
30.10.2023
Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022. According to a recent report by CoinShares, the surge in investor interest can be attributed to growing optimism surrounding the potential approval of...
VanEck Files Amended Application for Bitcoin ETF with SEC
30.10.2023
New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...
Blackrock / BTC Price Speculation, Musk Wants ‘Comprehensive Deregulation,’ Kiyosaki Not Trying to Be Warren Buffet — Week in Review
29.10.2023
As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory turmoil, and Rich Dad Poor Dad author Robert Kiyosaki describes...
Spot Bitcoin ETF Approval: Cantor Fitzgerald Grows Confident – Here’s Why
29.10.2023
Analysts at financial services firm Cantor Fitzgerald believe the long-awaited spot Bitcoin ( BTC) exchange-traded fund (ETF) is inching closer to reality. The company, known for its prime brokerage and investment banking services, has grown confident in the approval of applications from asset...
Biggest Crypto Gainers Today on DEXTools – TOKEN, SILKROAD
27.10.2023
Bitcoin (BTC) is pulling back on Friday amid profit-taking in wake of its recent US spot Bitcoin ETF approval optimism powered pump this week, with the world’s largest cryptocurrency last trading just above the $33,500 mark. That means BTC is down close to 2.0% on the day, which marks...
Bitcoin ETF Speculation Sustains Bitcoin Price – How Long Will it Last?
27.10.2023
The Bitcoin price has seen substantial volatility in recent weeks, largely driven by speculation around the potential approval of a Bitcoin exchange-traded fund (ETF) by the SEC. While Bitcoin bulls have cheered each new rumor of progress on the ETF front, whether the asset can sustain significant...
Scammers create spoof Blockworks site to drain crypto wallets
27.10.2023
Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website
Investor Greed Increases Amid Bitcoin ETF Anticipation
26.10.2023
With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the crypto market entered the green zone of the scale this...
JPMorgan Warns of Potential Lawsuits if SEC Rejects Spot Bitcoin ETF Applications
26.10.2023
The possibility of SEC approval for a spot bitcoin exchange-traded fund (ETF) has generated growing optimism in recent weeks, with some analysts predicting approvals could come within months. Potential legal battles loom if the SEC ultimately rejects any spot Bitcoin ETF applications, however....
Bitcoin Price Prediction: BTC’s 25% Rise, Halving, ETF, FCA Stance & USD Data
26.10.2023
In the intricate world of cryptocurrencies, Bitcoin price continues to maintain its dominance, both in market cap and in the headlines. Currently priced at $34,745, it reflects a promising 2.06% surge on Thursday alone. As the market buzzes with anticipation for the impending Bitcoin halving,...
How Bitcoin ETF approval anticipations could boost Bitcoin forks?
25.10.2023
In the world of cryptocurrency, Bitcoin exchange-traded funds (ETFs) may offer institutional investors a key to the crypto kingdom. Bitcoin enthusiasts are waiting for a “spot” ETF, which would open the door for big financial players to invest in Bitcoin, marking mainstream acceptance...
Galaxy Digital Projects Bitcoin Price to Reach Near $60,000 Year After Spot ETF Approval
25.10.2023
Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset.
In an Oct 24 market analysis, Galaxy’s research associate Charles Yu explained the possible effects of a spot BTC ETF...
Bitcoin’s Rise Fuelled by U.S. Investors Buying Ahead of Potential Spot ETF Approval: Matrixport
25.10.2023
While most cryptocurrency owners are based in Asia, the buying power of U.S. traders is much bigger, the report said