The US Securities and Exchange Commission (SEC) will approve the first exchange-traded funds (ETFs) that invest directly in Ether, the world’s second-largest cryptocurrency. According to filings and statements from asset managers, companies including 21Shares AG, Bitwise Asset Management Inc., BlackRock Inc., Invesco Ltd., Franklin Templeton, Fidelity Investments and VanEck have received approval. The SEC has…
Bitcoin has reached a historic milestone, surpassing $100,000 for the first time. This rise was fueled by President-elect Donald Trump’s selection of Paul Atkins, a cryptocurrency advocate, to lead the U.S. Securities and Exchange Commission (SEC). The cryptocurrency hit a high of $103,801 on Thursday before settling at $103,420 by early afternoon in Singapore. Since…
Cryptocurrency-related cyberattacks reached unprecedented levels in 2024, with losses reaching $2.2 billion, up 21% from the previous year. A report revealed that hackers carried out 303 successful attacks, marking the fourth consecutive year of multi-million dollar losses. This worrying trend comes amid explosive growth in the cryptocurrency market. Bitcoin alone surged 140% in 2024, surpassing…
The cryptocurrency market begins the year 2025 with significant gains. Bitcoin (BTCUSD) rose more than 2% on Thursday morning, reaching $96,500. This growth reflected the upward trajectory of stocks like Coinbase (COIN) and MicroStrategy (MSTR), which rose nearly 4%. Ethereum (ETHUSD), the second largest cryptocurrency, also saw a 3.4% increase. These early gains reflect growing…
Donald Trump’s presidency is expected to usher in significant growth for the cryptocurrency market, according to Coinbase CEO Brian Armstrong. During a panel discussion at the World Economic Forum in Davos, Switzerland, Armstrong expressed optimism about the possible influx of investments into digital assets under the Trump administration. “The Trump effect is real,” Armstrong said,…
If you haven’t yet considered adding Bitcoin (BTC) to your portfolio, now might be a good time to start. Even a small investment of $2,500 can provide exposure to this key digital asset. Holding Bitcoin long-term could offer growth potential and serve as a financial cushion in times of uncertainty. Here are three key reasons…
