Crypto News
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As Archegos Capital Management cratered in March 2021, it began trying to pull excess cash from trading accounts across Wall Street. At the time, it had about $470 million with Goldman Sachs Group Inc. But instead of withdrawing the money, an Archegos staffer accidentally wired that amount to Goldman, and the bank didn’t immediately give it back. That left ...
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Beyond the palm-fringed dunes and infinity pools, the super yachts, the stables, and the sprawling villas, looms an imposing monument to the Age of Sam Bankman-Fried. It’s the $30 million penthouse atop the Orchid building where Bankman-Fried lorded over the rise and fall of his $32 billion crypto exchange, FTX. And soon, it could be yours. On Nassau’s New ...
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Bitcoin has had a phenomenal journey from a niche digital currency to a trillion-dollar asset class in a 15-year period. The January 2024 approval of 11 spot bitcoin ETFs was a watershed moment, presenting investors with a gateway to being able to invest in bitcoin through their traditional investment accounts. We expect this will continue to boost broader ...
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Nothing truly occurs in a vacuum. All events have preceding factors, with many prior elements bubbling below the surface, most of which you didn’t even know existed. Unintended consequences of this action here will result in over there. If the flapping of a Butterfly’s wings can be felt halfway around the world, imagine the impact of the largest central ...
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Ethereum ETFs approved as SEC gives shocking green light to applications Bipartisan US lawmakers earlier urged SEC Chair in a letter on Thursday to give the green light. Ethereum may rally more than Bitcoin did following ETF approval. Ethereum (ETH) bounced back after a brief dip on Thursday as the Securities & Exchange Commission (SEC) approved spot ETH ...
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Ethereum (ETH) gained 1.29% on Thursday (May 23), closing the session at $3,785. Investors reacted to news of the SEC approving the VanEck Ethereum ETF. Bloomberg Intelligence ETF Analyst James Seyffart shared the news, saying, “BOOM!! APPROVED! There it is. The SEC just approved spot Ethereum ETFs. What a turn of events. It’s really happening.” However, ...
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NVDA smashed earnings and guidance out of the park and shares exploded over 10% higher... chart ... to make the AI-darling above $2.5 trillion market cap for the first time... ...
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As we gather, America’s strong economic performance continues to serve as a key engine for resilient global economic performance. The Biden Administration has driven a ...
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Equities: U.S. stock markets kicked off the trading session with the S&P 500 and the Nasdaq hitting new intraday highs, primarily propelled by Nvidia's impressive earnings report, ...
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post: CONFIRMED: SEC APPROVES LISTING OF SPOT ETH ETF'S Source: DB | Coins: ETH post: BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum ETFs. What a turn of events. It's really happening. h/t @PhoenixTrades_ pic.twitter.com/KQ39mDyCbT Order Granting Accelerated Approval of Proposed Rule Changes, as Modified by Amendments Thereto, to List and Trade Shares of Ether-Based Exchange-Trad Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”)1 and Rule 19b-4 thereunder (“Rule 19b-4”), 2 each of NYSE Arca, Inc. (“NYSE Arca”), The Nasdaq Stock Market LLC (“Nasdaq”), and Cboe BZX Exchange, Inc. (“BZX”, and together with NYSE Arca and Nasdaq, the “Exchanges”) filed with the Securities and Exchange Commission (“SEC” or “Commission”) proposed rule changes to list and trade shares of the following. NYSE Arca proposes to list and trade shares of (1) the Grayscale Ethereum Trust3 and (2) the Bitwise Ethereum ETF4 under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares); Nasdaq proposes to list and trade shares of (3) the iShares Ethereum Trust5 under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares); and BZX proposes to list and trade post: TO BE CLEAR: This does not mean they will begin trading tomorrow. This is just 19b-4 approval. Also needs to be an approval on the S-1 documents which is going to take time. We’re expecting it to take a couple weeks but could take longer. Should know more within a week or so!
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post: Fed’s Bostic: Would Be Prudent to Be Cautious on CBDC Until There’s a Clear Use Case
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Bitcoin price started a downside correction below the $70,000 support zone. BTC bears were able to push the price below major support at $68,800. It sparked bearish moves and the price dipped toward $66,250. A low was formed at $66,250 and the price is now consolidating losses. There was a minor increase above the $67,250 level. The price climbed above the ...
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Bitcoin price is down by 2.5% today, surprising traders who were certain that new all-time highs were in the cards after the cryptocurrency’s early week rally to $72,000. Data from Cointelegraph Markets Pro and TradingView showed that leveraged long traders were caught off guard as BTC price suddenly dropped from a high of $71,980 on May 21 to an intra-day ...
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The cryptocurrency market continues to heat up, with enthusiasm surging over spot Ethereum (ETHUSD) ETF launches following today's SEC rule change, and investors are increasingly looking for ways to capitalize on the next leg of the rally. For investors who are intrigued by the growth potential of crypto - but uneasy about its penchant for volatile price ...