etfs

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Ethereum Faces Resistance Amidst Market Gains: Justin Sun’s Activity And ETF Launch Awaited

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Despite a 2.5% gain today, Ethereum is grappling with formidable resistance levels, particularly in the range of $3,170 to $3,270. This resistance zone is significant, as it is backed by 1.63 million addresses holding a collective 4.45 million ETH.  #Ethereum encounters strong resistance between $3,170 and $3,270, with 1.63 million addresses holding 4.45 million $ETH. … Read more

Bitcoin Sees Upsurge To $67,000 Amidst Whales’ Accumulation

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Bitcoin experienced a notable upsurge in the past 24 hours, reaching a high of $67,000, buoyed by strong support from key whale tier holders with holdings ranging from 1,000 to 10,000 BTC.  🐳 #Bitcoin’s key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of … Read more

Market Sentiment Sours Despite ETF Approval: Bitcoin Holders Stand Firm

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Trader optimism soared following the approval of spot Bitcoin and Ethereum ETFs in Hong Kong. However, the initial reaction was less than stellar, with Bitcoin experiencing a -6% drop in value. 🇭🇰 Trader optimism is high after #HongKong approved spot #Bitcoin & #Ethereum #ETF’s today. Unsurprisingly, though, the initial market impact has been negative, with $BTC … Read more

Ethereum Sees 6% Surge As Whales Return Amid ETF Approvals

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In a significant uptick, the price of Ethereum ($ETH) has surged by 6% in the past 24 hours, reflecting renewed investor interest and market optimism. Following the approval of spot Bitcoin and Ethereum ETF applications in Hong Kong, AI Bot’s analysis on Spotonchain has identified the return of 8 whales who had previously profited from … Read more

South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms

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South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set for April 10, and the parliament is predominantly controlled by the DPK-led … Read more

Bitcoin Market Observers Remain Cautious As Price Movement Slows

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As the bitcoin market continues to exhibit signs of consolidation following a dynamic start to the year, industry observers are closely monitoring key indicators to gauge the cryptocurrency’s future trajectory. Despite hovering near its all-time highs, bitcoin has struggled to maintain crucial support levels in recent trading sessions. Renowned analyst Ali Martinez recently highlighted a … Read more

Fidelity Pursues Ethereum ETF Despite Potential SEC Hurdles

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Fidelity Investments has taken a bold step in the cryptocurrency market by submitting a Form S-1 for a proposed spot Ethereum exchange-traded fund (ETF) with staking capabilities, according to recent SEC filings. This move underscores Fidelity’s commitment to expanding its presence in the burgeoning digital asset space. Fidelity filed a Form S-1 for a proposed … Read more

Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

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On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s … Read more