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What Will Happen to ETH’s Price if the SEC Rejects All Spot Ethereum ETF Applications?

What Will Happen to ETH’s Price if the SEC Rejects All Spot Ethereum ETF Applications?

After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now that there are existing exchange-traded […]

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Can’t Happen With Bitcoin: Bakkt Receives Delisting Warning From NYSE

Can’t Happen With Bitcoin: Bakkt Receives Delisting Warning From NYSE

Crypto custody and trading platform Bakkt has received a warning from the New York Stock Exchange (NYSE) regarding its non-compliance with the stock exchange’s listing rules. According to the NYSE, the platform has not been able to maintain its closing share price above $1 for the past 30 days, hence facing delisting risk. Bakkt Plans

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What Needs to Happen for Bitcoin to Mark a Local Bottom? CryptoQuant Reports

What Needs to Happen for Bitcoin to Mark a Local Bottom? CryptoQuant Reports

Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant Institutional Insights weekly crypto report, short-term holders’ profit margins have approached zero, and this has caused ease in selling pressure. However, the leading digital asset

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