There is speculation in the market that XRP may receive approval for an exchange-traded fund (ETF) similar to Bitcoin’s recent approval, but regulatory hurdles and the ongoing SEC case against Ripple make an XRP ETF unlikely in the near future. A job advertisement by Ripple for a Senior Manager in business Development suggests potential involvement … Read more
Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project J.P. Morgan’s research report suggests that the approval of new spot bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission may not attract as much fresh capital as some market participants anticipate. Although the amount of new capital these ETFs will attract is … Read more
SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more
Top 5 Events That Shook Up The Crypto Industry In 2023 In 2023, the crypto industry experienced significant events, including Blackrock’s application for a Spot Bitcoin ETF, founder Sam Bankman-Fried’s fraud conviction, CZ’s resignation from Binance, the XRP ruling in the SEC case, and Grayscale and Coinbase’s legal battles with the SEC. These events had … Read more
Spot, Futures, Margin Trading with 100+ Cryptocurrencies » CryptoNinjas BITmarkets is a leading cryptocurrency exchange offering spot trading, futures trading, and margin trading options. It caters to both individual and institutional traders, providing a user-friendly interface and advanced trading tools. Spot trading allows for immediate execution of trades, while futures trading enables speculation on future … Read more
