The volatile episode came at a time when the crypto industry anxiously awaits a spot bitcoin ETF approval, a landmark for the asset class’ maturation.
Bitcoin options implied volatility has reached a yearly high, signaling an uptick in uncertainty as investors wait for news from the SEC.
Analysts from Standard Chartered, Galaxy and Corestone predict that a spot bitcoin ETF could see over $1 billion in inflows over just the first quarter.
Valkyrie, Invesco and Bitwise lowered their fees further just hours after all rivals finally revealed their fee plans.
The New York Department of Financial Services (DFS) is drawing some internal heat over whether it’s doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli.
Verify tracks cryptographically signed media and negotiates content licensing deals with artificial intelligence firms.
After last week’s leverage shakeout, the bitcoin spot ETFs verdict is now less likely to be a sell-the-news event, according to K33 Research.
Ether has lost 43% of its value against bitcoin since Sept. 7.
“Verify” is an open-source protocol built on Polygon’s PoS blockchain, specifically used to establish the origin and history of registered media.
Bitwise set a record-low fee of 0.20% for its spot bitcoin ETF, which is awaiting an SEC decision expected on Wednesday.
