Japan slow to approve crypto ETFs, maintains strict tax, regulations
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Go to Source
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Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of on-chain tools are needed for wider ETF adoption. Go to Source
New node certification could coax more institutions into Ether staking
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS. Go to Source
Ethereum’s firm $2,860 support signals path to $4,500 — Deribit
A Deribit report underscores Ethereum’s resilience at $2,860, pointing toward potential highs driven by recent ETF approvals. Go to Source
Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
In the bullish case, Bitcoin’s ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold. Go to Source
Ether’s ‘most obvious bullish setup’ is set for H2 2024, says former Wall Street trader
Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark. Go to Source
Bitcoin ETFs boost TradFi Investments: Binance France president
Bitcoin is increasingly viewed as a retirement investment product by traditional investors, thanks to the approval of spot Bitcoin ETFs. Go to Source
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional … Read more
Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. Go to Source Powered by WPeMatico
Fidelity to beef up crypto unit by another 25% with 100 new hires
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson. Go to Source Powered by WPeMatico
