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Canary Capital’s proposed spot Litecoin ETF is now in regulatory limbo after the U.S. Securities and Exchange Commission (SEC) failed to take action on its Thursday deadline. Key Takeaways: The SEC missed its deadline on Canary’s spot Litecoin ETF, leaving the application in limbo. The agency is phasing out 19b-4 filings in favor of S-1s,…
Nomura Holdings is preparing to deepen its presence in Japan’s digital asset market as crypto activity surges, with its wholly owned subsidiary Laser Digital Holdings seeking a license to offer trading services to institutional clients. Laser, based in Switzerland, is in pre-consultation talks with Japan’s Financial Services Agency, according to Chief Executive Officer Jez Mohideen….
Bitcoin pushed above $120,000 late Thursday, extending a strong run that began in September and kept rolling into October, a month traders call Uptober for its bullish record. The move followed a quick rebound earlier in the week. After an intraday dip to $114,000 on Oct. 1, Bitcoin recovered to trade near $118,700 to $118,900…
Crypto markets surged despite the U.S. government shutdown, with Bitcoin briefly crossing $121,000 during early Asian trading hours. BNB soared past $1,000 to hit an all-time high, Ethereum neared $4,400, and Solana rallied above $224, fueling optimism across the digital asset sector amid “Uptober” rally. But what else is happening in crypto news today? Follow…
The Short-Term Elliott Wave analysis for the SPDR S&P 500 ETF (SPY), starting from August 2, indicates an ongoing impulsive rally. From the August 2 low, the ETF surged in wave ((i)) to 647.04, followed by a dip in wave ((ii)) concluding at 634.92. The ETF then climbed in wave ((iii)) to 667.34. A corrective…
Bitcoin surged to $120,132 on Thursday, marking its highest level in seven weeks as October’s “Uptober” rally gathered steam. The cryptocurrency gained 4% in 24 hours, breaking through resistance at $117,500 and pressing against the symbolic $120,000 mark. At this level, Bitcoin’s market capitalization rose to $2.37 trillion, surpassing Amazon’s value, while the broader crypto…
The market has surged to a cap of $4.18 trillion today, with the crypto price prediction for XRP, Pepe and Dogecoin markedly improving in the past 24 hours. These three alts have also posted impressive gains, yet they may have only started rallying, with a wave of crypto ETFs set to hit the market very…
A bullish XRP price prediction is gaining traction again as Ripple’s long-term position looks increasingly strong – despite SWIFT’s recent partnership with Ethereum development firm Consensys. The banking network is now testing blockchain-based payments with over 30 major institutions across 16 countries. While this may seem like competition, it actually validates Ripple’s early lead in…
Gemini AI, Google’s answer to ChatGPT and one of its fiercest rivals in the AI space, projects that XRP, Pi Coin, and Shiba Inu could generate outsized returns much sooner than many investors expect. Bitcoin, the $2 trillion giant of the crypto sector, is currently trading about 4% under its record peak of $124,128. It…
Crypto is blazing green candles a second day in a row, and investors chasing opportunities in the booming $4.18 trillion crypto sector are asking one key question: which coins are the best to buy right now? At its current price of $119,000, Bitcoin is just 4% under its record high (ATH) of $124,128 from August….