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Federal Reserve ends enforcement action against Silvergate Bank after successful liquidation
Legal 24 seconds ago
The action, effective since May 2023, required the bank to liquidate and wind down its operations in a manner that protected its depositors.
On stage at the Bitcoin Conference 2024 today, Jan van Eck announced that way over 30% of his portfolio is in Bitcoin.
Van Eck, CEO of the investment management firm VanEck, frequently compares Bitcoin to gold, viewing it as “digital gold” and a potential store of value.
The Spot Ethereum ETFs haven’t exactly gotten off to the perfect start, with these funds experiencing mixed flows in their first three days of trading. Crypto research firm 10x Research has provided some answers as to why institutional investors aren’t so enthusiastic about these funds.
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Jersey City Mayor Steven Fulop has announced plans to invest a portion of the city’s pension fund in Bitcoin exchange-traded funds (ETFs), highlighting a significant step toward integrating crypto into municipal financial strategies.
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Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows.
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There have been many discussions and opinions about how much the Spot Ethereum ETFs will affect the ETH price. Crypto analyst and trader Raman has also joined the conversation and revealed how these funds provide upside catalysts for Ethereum.
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Spot Ethereum exchange-traded funds (ETFs) debuted to robust investor interest within the first 90 minutes of trading, amassing a total volume of $361 million across the nine newly launched ETFs.
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Bitcoin and Ethereum volatility continue as crypto traders react positively to Ether ETF trading volumes.
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The US Securities and Exchange Commission has issued notices of effectiveness for several Ethereum-related exchange-traded funds (ETFs) as they begin trading today, July 23.
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With the Spot Ethereum ETFs expected to begin trading on Tuesday, July 23, expectations for the ETH price have shot up drastically. Numerous analysts and market experts have come forward to predict that it would be a great development for the ETH price, pushing it to new all-time highs.
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On July 23, Hong Kong will mark a significant milestone in the crypto financial product domain by introducing Asia’s first inverse Bitcoin exchange-traded fund (ETF), according to a local media outlet, South China Morning Post.
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The SEC officially issued its final approval for spot Ethereum ETFs on July 22 and the funds’ respective webpages are now live.
The ETFs are scheduled to begin trading as US markets open at 09:30 Eastern Time on July 23.
Crypto investment products saw their third straight week of inflows last week, reaching $1.35 billion. This has pushed the total inflows for July to surpass $3 billion, according to CoinShares’ latest weekly report.
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