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U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler told Reuters on Friday (local time) that “the timeline for the launch of an Ethereum spot ETF will depend on the speed of the product applicants. It will be determined by how quickly they respond to regulatory questions and provide

The Bank of Canada lowered its benchmark interest rate by 0.25% for the first time since 2020. Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, commented: “The Bank of Canada cut rates today. The European Central Bank (ECB) is also expected to cut rates today. This summer is shaping

“ETH price growth will start to overtake BTC after the launch of an Ethereum (ETH) spot ETF in the US,” crypto research firm K33 Research said in a recent report. “Based on the size of open interest in ETH futures contracts on the Chicago Mercantile Exchange (CME), we estimate that

According to Bitfinex's weekly analyst report, “Bitfinex Alpha,” the correction in crypto markets is over and Bitcoin has entered an accumulation phase ahead of the next rally. “The market transition from sideways to accumulation is evident in the behavior of BTC exchange traded funds (ETFs) and the average

“The majority of Bitcoin investors are holding unrealized gains, and volatility is likely to return after two months of sideways trading,” Glassnode said in its weekly report on June 4 (local time). “Currently, only 0.03% of long-term holding addresses are in a loss position, which is typical of the

Bitcoin is less than 5% away from its all-time high (ATH). BTC is currently trading up 1.97% to $70,428.09 on CoinMarketCap. Here's what some industry influencers have to say about whether Bitcoin has reached its peak yet. First, Tom Lee, founder of Wall Street market