The first day of trading for a suite of new Bitcoin exchange-traded funds (ETFs) has gone off with a bang, with BlackRock, Grayscale, and Fidelity’s ETFs coming out on top in total volumes. One issuer, however, didn’t get to start as expected. Aggregated data from Yahoo Finance, compiled by Cointelegraph, shows that the total volume across…
Crypto has grown from humble beginnings into arguably some of the most maligned technology ever, with a dedicated group of zealous critics ready to ridicule any setback in the industry. Reasons for criticizing crypto vary, depending on the individual, and can range from questioning its use cases and pointing toward bad actors scamming people to outright hatred…
Ethereum developers, node operators and users have yet to agree on Vitalik Buterin’s recent suggestion to increase the gas limit on Ethereum. On Jan. 11, Buterin advocated for a “modest” 33% gas limit increase to potentially improve network throughput. Increasing the gas limit to the proposed 40 million from the current 30 million would allow more transactions…
The United States Securities and Exchange Commission’s (SEC) approval of a spot Bitcoin exchange-traded fund (ETF) could come any day now. And when it does, many believe that everything will change. But is the United States ready for an onslaught of first-time crypto investors? Regarding tax compliance, maybe not. Crypto investors will have to pay taxes…
Ether price broke the resistance at $2,400 for the first time since May 2022, as traders turned their attention to the possibility of an Ethereum exchange-traded fund (ETF) coming after a spot Bitcoin ETF is approved. Ether price rose sharply from the opening price of $2,343 on Jan. 10, soaring more than 7.8% in the last…
While the crypto industry at large celebrated the long-awaited, landmark approval of spot Bitcoin ETFs in the United States, not everyone was pleased with the Securities and Exchange Commission’s decision. In a Jan. 10 statement, SEC Commissioner Caroline Crenshaw — one of two commissioners to vote against the approval — wrote that the agency’s move to greenlight the Bitcoin-based…
349
Views
0 Comments