SEC Set to Make Decision on Ethereum Spot ETF This WeekETF Store President Nate Geraci announced via Twitter that the SEC is expected to make a decision on the Ethereum spot ETF this week. The SEC needs to approve both the 19b-4 (trading rule changes) and S-1 (registration statement) for the ETF to

Bitcoin's price exhibited resilience near its medium-term range high. However, various factors are deterring derivatives traders from initiating new positions.Source: ambcrypto.comBetween May 15 and May 16, Bitcoin surged by 8.4%, reaching a peak of $66,750, its highest level in three weeks. Despite

The Securities and Exchange Board of India (SEBI) has proposed that cryptocurrency trading should be monitored by multiple regulatory bodies, according to documents recently revealed by Reuters. These documents outline a vision for diversified regulatory oversight within India’s financial sector.SEB

JPMorgan Chase Predicts Bitcoin Mining Costs Will Fall to $45,000JPMorgan Chase reported on Thursday that the estimated cost of Bitcoin mining has decreased to $45,000, as inefficient miners exit the market. The firm had anticipated a significant reduction in computing power post-halving due to unpr

1. BTC Market TrendFrom May 13 to 15, the BTC price swung from $60,605.26 to $66,415.2, a 9.59% range. Here are key points from Federal Reserve (Fed) Chairman Powell’s speech:1) Rate Outlook: Powell reiterated that interest rates may remain high for a while, unlikely to rise further, with the policy

MSCI Inc. (NYSE: MSCI), a leading global equity indices operator and investment decision support tools provider, announced the results of its May 2024 Index Review for the MSCI Equity Indexes on Tuesday. Significant changes from the review will take effect at the close of May 31, 2024.The announceme

Bitcoin prices surged today, buoyed by a favorable CPI report, reaching a fresh weekly peak surpassing $65,000.Source:www.innova.com.trOn May 15, Bitcoin surged to $65,150 following the Wall Street opening, driven by the release of the Consumer Price Index data and its potential impact on interest r

El Salvador Extracts 474 Bitcoin with Geothermal Energy from VolcanoesSince 2021, El Salvador has mined 474 Bitcoin, valued at $29 million, using geothermal energy from the Tecapa volcano. The mining operation utilizes 300 processors and is allocated 1.5 megawatts (MW) of power from the 102 MW gener

On Tuesday, the Nasdaq and Toronto Stock Exchange-listed Bitcoin mining company, Bitfarms, announced a significant expansion of its operations in Paraguay. The company secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE, which will double the capacity of

Bitcoin futures and options indicators are holding steady even though BTC swiftly rejected the $63,500 level. Source: www.securities.ioOn May 14, Bitcoin experienced a 3.3% drop, testing the $61,000 support level, which was promptly defended. This marked the second unsuccessful attempt within a week