Unlike their U.S. counterparts, Korea’s FSC and FSS have been cautious about allowing crypto trading on traditional securities markets. Korean regulators are under mounting pressure to approve cryptocurrency exchange-traded funds (ETFs) following the recent approval of spot Ethereum ETFs by the Unit

US Daily Spot Bitcoin ETF Purchases Surpass Bitcoin ProductionHODL15Capital monitoring data reveals that while only 450 BTC are mined daily, US spot Bitcoin ETFs purchase at least 1,000 BTC each day. This significant disparity suggests that short-term traders may soon face a shortage of tokens avail

Dadvan Yousuf, a 23-year-old cryptocurrency enthusiast, successfully climbed Mount Everest, the world's highest peak at 8,849 meters, and celebrated by displaying a Bitcoin flag at the summit. On May 23, Yousuf shared in an X post that he reached the summit on May 20, alongside sherpas and fellow cl

SEC Approves 19B-4 Form for Spot Ethereum ETF, Official Trading Time PendingThe U.S. Securities and Exchange Commission (SEC) has approved the 19B-4 form for the spot Ethereum ETF, according to SEC documents. However, trading cannot commence until the S-1 form is also approved. The timeline for this

Today, eight Ethereum spot ETFs were approved in an omnibus order, but it may take some time before they go live. While the SEC approved the 19b-4 forms for these ETFs, including offerings from BlackRock, Fidelity, and Grayscale, their S-1 registration statements need to become effective before trad

1. BTC Market TrendFrom May 20 to 22, the BTC price swung from $65,819.82 to $71,820.21, a 9.12% range. The increase during this period was mainly due to market expectations that the SEC would approve a U.S. Ethereum ETF on Thursday, May 23. On May 21, Federal Reserve (Fed) officials made various st

The number of U.S. adults reporting crypto ownership or usage dropped to around 18 million last year, according to the latest annual household survey from the Federal Reserve.In the 12 months leading up to October last year, 7% of surveyed U.S. adults reported using crypto — down from 10% in 2022 an

As on-chain metrics reset, Bitcoin's price seems ready for a substantial move.Source: www.bankrate.comBitcoin's price struggled to maintain its position above $70,000 on May 22, with analysts indicating that the leading cryptocurrency is gearing up for a significant upward movement.Reduced Distribut

Bloomberg Analyst Predicts SEC Decision on Spot Ethereum ETF by 4 a.m. Eastern Time FridayBloomberg ETF analyst Eric Balchunas stated on X that his most optimistic prediction is that the U.S. Securities and Exchange Commission will announce its decision on the spot Ethereum ETF by 4 p.m. EST tomorro

Former United States President Donald Trump, who is currently facing criminal charges in four different jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations. In a notice dated May 21, the Trump 2024 campaign launched a fundraising page, allowing eligi