Inuwa said the committee’s strategic reconstitution would bring together a fresh wave of experienced professionals and leading minds in blockchain.
WisdomTree's Bitcoin and Ethereum ETPs receive FCA approval for LSE listing, offering professional investors regulated crypto exposure.
The post WisdomTree’s Bitcoin, Ethereum ETPs to debut on London Stock Exchange next week appeared first on Crypto Briefing.
The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The post PoliFi Surge: Trump Token Mints New Millionaires appeared first on Coinpedia Fintech News
The new PoliFi crypto sector, where politics, finance, and crypto converge, has minted new millionaires following a surge in a token-themed after Donald Trump. According to an on-chain data provider, the Trump token has significantly increased over the past few weeks. While the Trump token has no direct connection to the former US President, traders …
The post London Stock Exchange Welcomes WisdomTree’s Cryptocurrency ETPs appeared first on Coinpedia Fintech News
Crypto bulls have just gotten yet another reason to remain on top. The London Stock Exchange (LSE) is set to welcome newcomers as WisdomTree secures approval from the Financial Conduct Authority (FCA) to list its novel cryptocurrency exchange-traded products (ETPs). Starting May 28, the WisdomTree Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) ETPs will commence …
The post SEC Chair Gensler Criticizes FIT21 Act, Citing Investor Protection Risks appeared first on Coinpedia Fintech News
On Wednesday, U.S. Securities and Exchange Commission Chair Gary Gensler criticized the proposed Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, which aims to overhaul the cryptocurrency industry’s regulatory framework. Gensler warned that the proposed bill could undermine decades-old investor protections and create major regulatory gaps. Let’s examine Gensler’s key concerns. …
The post Ethereum ETF Hopes Boost Ether Call Options appeared first on Coinpedia Fintech News
Amid renewed hope in the market over the potential Ethereum ETF approval, ether call options are now more expensive than put options for all expiries, signifying a bullish outlook. Traders are willing to pay more for calls than puts, particularly for options expiring at the end of June and beyond. This indicates a bullish market …
WisdomTree has received approval from the Financial Conduct Authority to list its physically-backed Bitcoin and Ethereum ETPs on the London Stock Exchange. This approval allows WisdomTree to introduce the WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum ETPs, targeting the May 28 lifting of UK restrictions. These ETPs, available exclusively to professional investors, have a management […]
The post WisdomTree first to get nod from FCA on spot Bitcoin ETP ahead of multi-product UK launch appeared first on CryptoSlate.
Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple Labs has taken a firm stand in support of the cryptocurrency landscape, scathing the Chairman of the United States Securities and Exchange Commission (SEC) Gary Gensler for his incompetence in overseeing crypto assets. Ripple CLO Slams Gary Gensler Today, May 22, Chris Brummer, a professor of […]
Quick Take Ethereum has skyrocketed 20% over the past five days, fueled by speculation that a highly-anticipated Ethereum ETF has a 75% chance of approval. This has driven increased activity in Ethereum futures markets, with open interest (the total value of open futures contracts) hitting a one-year high of 3.6 million ETH, up 25% from […]
The post Ethereum futures hit one-year high, liquidation risks loom appeared first on CryptoSlate.
The post Coinbase, Kraken, Others Form Coalition To Address Online Scams appeared first on Coinpedia Fintech News
Prominent crypto exchanges including Coinbase and Kraken have joined hands to prevent online frauds and scams. The ‘Tech Against Scams’ coalition will serve as a convening body through which its members will collaborate and take action against the scammer’s methods. The coalition stated that this would include sharing best practices, threat intelligence, and other tips …
VanEck’s ETF is currently designated inactive on the DTCC website, meaning it cannot be processed until it receives the necessary regulatory approvals
Renowned financial analyst John Bollinger has recently issued a caution regarding the potential for a Bitcoin pullback. After BTC price surged from below $66,000 to almost $72,000 at the beginning of the week, Bollinger, the creator of the widely utilized Bollinger Bands indicator, pointed to specific features in the Bitcoin price chart that suggest a consolidation or pullback could be imminent, though he clarified that his perspective was not bearish on a longer term. The Bearish Argument By John Bollinger Bollinger’s analysis focuses on the daily BTC/USD chart. His main concern centers around a “two-bar reversal” pattern observed at the upper Bollinger Band. This pattern, typically indicating a potential reversal in price direction, occurs when Bitcoin’s price first exceeds the upper Bollinger Band but then closes within it during the next trading period. Such movements can imply that the upward momentum might be losing strength. The Bollinger Bands on the chart consist of three lines: the lower band, the middle band (20-day simple moving average), and the upper band. These bands expand and contract based on price volatility, with the upper and lower bands set two standard deviations away from the middle band. The Bitcoin price peaked at approximately $71,977 on Tuesday, momentarily pushing above the upper Bollinger Band before closing back within it, forming the noted reversal pattern. Related Reading: Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000 Further analysis shows the 20-day moving average, the middle Bollinger Band, which currently sits at about $64,564 and acts as a potential support level in the event of a price decline. Historical data from the chart indicates crucial resistance near the recent highs around $71,500, while support levels could be seen around the $64,500 mark, where the middle Bollinger Band lies, and further at $58,300, coinciding with the lower band. The expansion of the Bollinger Bands indicates increased market volatility, particularly as the price tests resistance levels. The Relative Strength Index (RSI) is currently just at 63, which is not yet in the overbought territory. In his commentary, Bollinger has clearly stated that while the setup is not fundamentally bearish, the observed technical pattern warrants caution for short-term traders. He advises monitoring for either a consolidation period where the price stabilizes, or a pullback where it retreats from recent highs. “I am not fond of the two-bar reversal at the upper Bollinger Band for BTCUSD. Suggests a consolidation or a pullback. Not bearish here, just short-term concerned,” Bollinger remarked. The Bullish Argument On the contrary, renowned crypto analyst, Josh Olszewicz (@CarpeNoctom), shared a bullish outlook on Bitcoin through a different lens, focusing on the Ichimoku Cloud indicator in the daily chart. He highlighted a “Bullish TK Cross with Price Above Cloud” on the daily Bitcoin chart. Related Reading: Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why This particular pattern is significant within the realm of technical analysis, especially for those employing the Ichimoku Kinko Hyo indicator, a comprehensive tool that provides insights into market momentum, trend direction, and support and resistance levels. The “Bullish TK Cross” Olszewicz refers to occurs when the Tenkan-sen line (a short-term moving average) crosses above the Kijun-sen line (a medium-term moving average), indicating a potential uptrend. Typically, this crossover suggests that buying momentum is increasing and can signal the start of a bullish phase. The significance of this bullish signal is further enhanced by the fact that the price of Bitcoin is above the “Cloud” or ‘Kumo’, which is considered an area of future support or resistance. When the price is above the cloud, it’s generally viewed as a bullish signal, suggesting that the asset is in a strong uptrend and likely to continue as such. This setup provides a clear bullish scenario that contrasts with the short-term caution suggested by John Bollinger’s analysis. At press time, BTC traded at $69,846. Featured image created with DALL·E, chart from TradingView.com
Traders on Lyra have snapped up ether calls at the $5,000 strike and higher this week.
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has prohibited Worldcoin from collecting data in the region due to privacy violation concerns, according to a May 22 notice. The privacy regulator alleged that Worldcoin collected iris and facial images from 8,302 residents using an iris-scanning device. This data collection aimed to verify […]
The post Hong Kong bans Worldcoin’s data collection over alleged privacy violations appeared first on CryptoSlate.
Vitalik Buterin advocates for zero-knowledge “Likes” on social media in pursuit of combatting preference falsification.
WisdomTree's Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) are expected to list on the LSE to professional investors on May 28
Pro-XRP lawyer and Republican Party candidate for the Senate Massachusetts, John E. Deaton voiced severe criticisms of what he described as pervasive corruption within federal agencies, including the Federal Reserve (Fed). Deaton, through a post on social media platform X, outlined a grim view of institutional integrity in the United States, coining it the “THE […]
Bitcoin is flagging versus Ethereum ahead of the ETF decision, but one target sees $80,000 BTC price emerging from a green light to launch.
Quick Take Farside data shows that on May 21, the Bitcoin (BTC) exchange-traded funds (ETFs) collectively accumulated $305.7 million, marking the largest single-day inflow since May 3. Despite the impressive overall figure, the breadth of inflows from ETF issuers remained relatively narrow, with only two issuers contributing to the surge. BlackRock’s IBIT ETF accounted for […]
The post BlackRock’s IBIT ETF rakes in $290 million in one day, lifting total net inflows to $16 billion appeared first on CryptoSlate.
Don’t lose your precious ETH to a typo! Understand Ethereum address checksums and how they safeguard your transactions from costly mistakes.
Bitcoin spot ETFs in the U.S. have seen net inflows of over $1.4 billion in the past week after a timid first half of the month.
The post Solana Is Poised For Massive Surge To $1000 Amid Solana ETF Rumors appeared first on Coinpedia Fintech News
Recent speculation surrounding the approval of an Ethereum ETF has not only boosted Ethereum’s price but also sparked interest in Solana as a potential ETF contender. However, after a month of correction, Solana surged to $187 today before a slight dip. Meanwhile, renowned crypto analysts believe that soon Solana will surpass $200, and later in …
Coffeezilla said that the artificial intelligence product Rabbit R1 was overhyped, similar to the Gama NFT project, which he believes to be a “scam.”
The post ETH-based Memecoins To Lead AltSeason Rally Amid Spot Ethereum ETF Approval! appeared first on Coinpedia Fintech News
Amid increased volatility in the crypto market, the memecoins have successfully regained momentum and continue to trade under a strong bullish sentiment, indicating a high potential of a memecoin rally during the upcoming time. With the rising speculations of the approval of the spot Ethereum ETF approval, the ETH price recording a multi-year jump in …
The coalition also includes prominent crypto companies Ripple and Gemini, as well as Meta and Match Group, the parent company of dating apps Tinder and Hinge.
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday.
U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months.
Could the US Federal Reserve’s potential pivot on inflation be the catalyst for a multi-trillion dollar surge in the cryptocurrency market? That’s the bullish prediction from some of Wall Street’s top analysts as they eye a seismic shift in monetary policy. Related Reading: Investors Pile Into Bitcoin: Over $1 Billion Inflows Fuel ETF Rally, Price […]
The post Recovered $23M in Eth; Gala Games Plans Token Buy and Burn appeared first on Coinpedia Fintech News
The individual behind the hack of Gala Games last week was back to refunding almost 5,950 ETH, worth approximately $22. 75 million. This came after a recent security incident involving a loss of $200 million worth of crypto in relation to its native GALA tokens. On Monday, an unknown attacker targeted Gala Games and taking …