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Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs
25.6.2024
Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback...
Celsius small business creditors demand reimbursement after 35% cut in claims
25.6.2024
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts
Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein
25.6.2024
Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said
Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit
23.6.2024
The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation against Nigerian law enforcement agencies. The amended proposal reportedly seeks “the costs of this action on a full indemnity basis.” The Economic and Financial...
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
22.6.2024
Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve...
Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
20.6.2024
Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could either support the price or signal a correction...
Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says
18.6.2024
Prospective providers of spot ether ETFs in the U.S. removed the provisions for staking from their applications to avoid potential regulatory roadblocks
Buyer demand rises for XRP amid hopes for SEC vs Ripple settlement
18.6.2024
The value of XRP has gone up by 2.31% in the last 24 hours. This is largely credited to the hopes that the community members have. They stem from the speculation that the US Securities & Exchange Commission and Ripple may soon settle. While Ripple will have to shed a few bucks, the numbers...
China’s Reduced Physical Gold Demand Cools Prices After May Peak
14.6.2024
While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst...
Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty
13.6.2024
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate downturn, and trade tensions, have increased...
BTC average change in retail demand falls to 5-month low, could a 75% rally be next?
12.6.2024
The average monthly change in Bitcoin retail demand has waned over the last month, with one analyst noting it could be a precursor to a price surge seen earlier this year
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
9.6.2024
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...
Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
5.6.2024
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas
JPMorgan Predicts ‘Negative’ Initial Reaction for Ethereum ETFs — Expects Lower Demand Than Bitcoin ETFs
2.6.2024
JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment bank also cautions that approximately $1 billion may exit the Grayscale Ethereum Trust, putting downward pressure...
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
30.5.2024
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
25.5.2024
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank...
Analyst: Gold Demand From China Continues Supporting the Bull Market
23.5.2024
Jan Nieuwenhuijs, a gold market analyst, has assessed the state of the gold market, reporting that growing demand from both the private market and the People’s Bank of China (PBOC) has been instrumental in the rise of gold prices. Chinese private investors purchased 543 tonnes during...
US lawmakers demand SEC-FINRA records on Prometheum ETH custody
22.5.2024
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters
Deutsche Bank Infra Provider Taurus Expands to North America
22.5.2024
Crypto technology provider Taurus opens its first North American office in Vancouver to meet increasing demand for digital asset services after expansion in London, Paris, Frankfurt, and Dubai.
The post Deutsche Bank Infra Provider Taurus Expands to North America appeared first on Cryptonews
SEC and Ripple face off impending, impacting XRP demand
20.5.2024
XRP appears to be suffering from investors’ growing apprehensions about the legal dispute between Ripple and the SEC. Over the weekend, XRP declined 2.1%. After declining 0.46% on Saturday, XRP closed the week up 1.98% to $0.5092. In the first quarter of 2024, investors negated news of a...