VanEck is one of a handful of companies that continues to fight for the approval of a Bitcoin Spot ETF. The U.S. investment management firm received a resounding rejection from the U.S. Securities and Exchange Commission in November 2021 after a three-year battle. Just six months later, on June 24 of this year, VanEck reapplied…
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VanEck is one of a handful of companies that continues to fight for the approval of a Bitcoin Spot ETF. The U.S. investment management firm received a resounding rejection from the U.S. Securities and Exchange Commission in November 2021 after a three-year battle. Just six months later, on June 24 of this year, VanEck reapplied…
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Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the…
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After weeks of consolidation, Bitcoin – the largest cryptocurrency by market capitalization – and the broader cryptocurrency market have witnessed a short-term bounce in response to Consumer Price Index data that exceeded expectations. The Labor Department of the United States reported that CPI climbed barely 0.1% between October and November. Last month, the inflation measure recorded a score…
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BNB price (Binance coin) found support near $255 against the US Dollar. BNB is rising and might gain pace if it clears the $285 resistance zone. Binance coin price started a recovery wave from the $255 support against the US Dollar. The price is now trading below $280 and the 100 simple moving average (4-hours).…
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Ethereum gained pace for a move above the $1,300 resistance against the US Dollar. ETH is consolidating gains and might eye a fresh increase in the near term. Ethereum was able to clear the $1,280 and $1,300 resistance levels. The price is now trading above $1,280 and the 100 hourly simple moving average. There was…
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Bitcoin price gained pace above the $17,500 resistance after the US CPI release. BTC tested the $18,000 resistance and might correct lower in the short-term. Bitcoin was able to clear the $17,450 and $17,500 resistance levels. The price is trading above $17,500 and the 100 hourly simple moving average. There was a break above a…
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Toincoin is trading at $2.30, gaining 10.61% in 24 hours. The price change in this period is 0.3172. The 24-hour low is $2.05, while the 24-hour high is $2.37. Despite the recent events in the crypto space, TON has enjoyed a positive price surge today, recording gains in a volatile crypto market. The trading volume…
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A research note from Goldman Sachs published on Monday has painted a bull case for gold over the price of bitcoin. The bank’s research note comes at a time when the entirety of the crypto market is facing adversity and the price of bitcoin is down more than 70% from its all-time high price at…
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Dogecoin (DOGE) has seen some positive movement in the last day despite the market onslaught. The meme coin was able to see more than 2.5% gains at a time when the majority of the crypto market was struggling price-wise. Currently, DOGE is still standing at a good short-term level but $0.1 remains the level to…
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