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Tag: ETFs

Three Top Gold Companies for IRAs in 2022

Before you dive into learning about the top three gold organizations, let’s understand what an Individual Retirement Account (IRA) with Gold is. A gold...

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ETFs: Examining the Better Way to Buy and Trade Stock

People who invest in stocks always assume some risk. However, this increased risk is what makes investing enticing. You stand to experience sizable gains...

Spot Bitcoin ETFs could become reality by mid-2023

The US SEC wants to expand the definition of “exchanges” to allow it to bring crypto exchanges under its purview.

The post Spot Bitcoin ETFs could become reality by mid-2023 appeared first on CryptoSlate.

DeFiChain: Native Decentralized Finance for Bitcoin

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DeFiChain is a decentralized proof-of-stake blockchain that is specially dedicated to decentralized financial applications. As a fork of Bitcoin’s blockchain, DeFiChain allows DeFi applications (dApps) to implement more advanced through custom transactions, also known as DeFi Transactions (DfTx). There are loads of DeFi platforms out there – but many don’t support Bitcoin. This is an [...]

The post DeFiChain: Native Decentralized Finance for Bitcoin appeared first on Blockonomi.

SEC Extends Window For WisdomTree BTC ETF Decision

SEC extends window for WisdomTree BTC ETF decision to May 15 and will also extend the window for One River’s decision to June 2 so let’s read more in today’s latest Bitcoin news. The US SEC extended its window to approve or to disapprove spot BTC exchange-traded fund applications from the asset managers One River […]

Will AI Power The Next Era Of Financial Markets 

AI

The post Will AI Power The Next Era Of Financial Markets  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Artificial Intelligence (AI) has become one of the most used emerging technologies in improving the efficiency of modern-day systems. This nascent technological field dates its origins to the 1950s following Alan Turing’s theory of computation. The prominent English mathematician, also known as the father of computer science, raised a fundamental question in his ‘Computing and …

US SEC Delays Decision on Bitcoin ETFs by WisdomTree and One River

The US Securities and Exchange Commission (SEC) delayed on Monday its decision on whether to allow or not the listing and trading of spot Bitcoin (BTC) exchange-traded funds or ETFs from WisdomTree...
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Europe’s first metaverse ETF lists on London Stock Exchange

Tag Template - News Hub PRO Europe’s first metaverse-themed exchange-traded fund (ETF), the ETC Group Global Metaverse UCITS ETF (METR), listed on the London Stock Exchange Thursday, available for sale across Europe. See related article: Hong Kong gears up for its first metaverse ETF Fast facts The ETF will track the Solactive ETC Group Global Metaverse Index, which currently offers exposure […]

Bitcoin Bullish Signal: Exchange Reserve Loses Another 50k BTC Over Past Week

On-chain data shows the Bitcoin exchange reserve has lost another 50k BTC over the past week, a sign that could be bullish for the price of the crypto. Bitcoin Exchange Reserve Continues To Observe Further Decline In Recent Weeks As pointed out by an analyst in a CryptoQuant post, 50k BTC in net outflows has exited exchange wallets over the past week. The “all exchanges reserve” is an indicator that measures the total amount of Bitcoin stored in wallets of all centralized exchanges. When the value of this metric goes up, it means the supply on exchanges is rising as investors deposit a net amount of coins. Such a trend may be bearish for the price of the coin as holders usually transfer to exchanges for selling purposes. On the other hand, the reserve’s value decreasing implies that a net amount of Bitcoin is exiting exchange wallets at the moment. This kind of trend when sustained over a period can prove to be bullish for the coin’s price as it may be a sign that investors are accumulating. Related Reading | Current Stretch Of Bitcoin Fear Surpasses 2021 Selloff Now, here is a chart that shows the trend in the BTC exchange reserve over the past few months: Looks like the value of the indicator has sharply gone down recently | Source: CryptoQuant As you can see in the above graph, the Bitcoin exchange reserve has been going down over the last few months. In the past week alone, the metric has dropped 50k BTC in value. The last couple of days especially saw large downward spikes amounting to around 10k to 11k BTC. Related Reading | Mike Novogratz: Bitcoin Price To Range Between $30k-$50k Throughout The Year The exchange reserve has traditionally been considered the “selling supply” of the coin. As it has been shrinking for a while now, the effect on the price should be positive due to supply-demand dynamics. Some have referred to this decline as creating a “supply shock” in the market. However, recent data suggests that the reserve is no longer the main source of selling pressure, coins exiting from exchanges have instead just shifted into investment vehicles like ETFs. Nonetheless, the reserve declining does reduce part of the selling supply so the net effect of such a trend may still be bullish. BTC Price At the time of writing, Bitcoin’s price floats around $41k, up 5% in the past week. Over the last month, the crypto has lost 6% in value. The below chart shows the trend in the price of the coin over the past five days. The price of Bitcoin seems to have seen a surge over the last couple of days | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com

CoinShares Seeks To Reach More Investors by Upping Stake in FlowBank

CoinShares

Europe’s largest digital asset investment firm now owns nearly 30% of the Swiss bank

The post CoinShares Seeks To Reach More Investors by Upping Stake in FlowBank appeared first on Blockworks.

Trading Spikes in These 2 NFT Projects

March 14, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The SEC rejected two spot bitcoin ETFs from NYDIG and Global[...]

The post Trading Spikes in These 2 NFT Projects appeared first on Unchained Podcast.

U.S. Securities and Exchange Commission Rejects Two Bitcoin Spot Exchange-Traded Funds (ETFs)

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The U.S. Securities and Exchange Commission (SEC) is denying applications to establish two Bitcoin (BTC) exchange-traded funds (ETFs) based on the spot market. According to documents from the SEC, the regulator is rejecting NYSE Arca’s bid to change a rule to list and trade shares of the NYDIG Bitcoin ETF. The decision comes months after the […]

The post U.S. Securities and Exchange Commission Rejects Two Bitcoin Spot Exchange-Traded Funds (ETFs) appeared first on The Daily Hodl.

Market Wrap: Stocks, Cryptos Fall as US Looks For New Ways to Punish Putin

President Joe Biden

Biden announced plans among the US, European Union and G7 nations to remove Russia's trade status, deepening the economic burden on the country

The post Market Wrap: Stocks, Cryptos Fall as US Looks For New Ways to Punish Putin appeared first on Blockworks.

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