TRENDING:
BoJ Interest Rate
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos — Asian Wrap 11 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos — Asian Wrap 11 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Spot ETF approval fuels fee wars, expert says BlackRock, Fidelity and Grayscale BTC ETFs could survive

Bitcoin Spot ETF was approved by the US Securities and Exchange Commission, marking January 10 as a historic moment for BTC holders. The approval has triggered fee wars among issuers and experts weigh in on who is likely to survive in the long term, offering near zero fee to market participants.

ARB, OP, MATIC, IMX, MNT: Ethereum L2 tokens on a tear as SEC approves all spot Bitcoin ETFs

Ethereum (ETH) price is trading with a bullish bias, coming on the back of anticipation that an ETH spot exchange-traded fund (ETF) will come to the market shortly after the US Securities and Exchange Commission (SEC) has approved the launch of the BTC ETF. The overflows from the ETH market have spilled to the blockchain’s Layer 2 (L2) tokens.

All Bitcoin ETFs approved by US SEC

In a landmark decision, the US SEC has approved all Bitcoin spot ETFs in a single, unprecedented decision on Wednesday, January 10.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

XRP holds bearish bias despite spot ETF inflows

XRP holds bearish bias despite spot ETF inflows

Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.