
April 21st, 2025
Crypto experts during the Next Block Expo conference in Berlin unanimously agreed the crypto bear market is over but emphasized a cautious approach.
The Grayscale CEO said that they have engaged in meaningful conversations with the SEC, and the dialogue suggests that the regulator is eager to make the progress.
Rumors suggest that BlackRock plans to give itself a head start by moving funds from its private Bitcoin trust to its ETF.
The consensus within the crypto community is that a green light for a Bitcoin ETF is imminent, with expectations pointing towards an early approval in 2024.
Market analysts interpret these recent filings as indications of the ongoing collaborative efforts between the SEC and major issuers to navigate the regulatory landscape.
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH.
While the SEC has yet to greenlight any spot ETF applications, the new filings lend further credence to the likelihood of a spot Bitcoin ETF approval soon.
This integration with established financial institutions is expected to provide substantial support for the crypto sector.
With MicroStrategy’s shares trading at $574 ahead of today’s open, a level not seen since April 2022, investors are closely watching the company’s performance amid the ongoing crypto resurgence.
Franklin Templeton president and CEO Jenny Johnson said that they have actively integrated blockchain into their business model and that she’s personally overseeing developments linked to cryptocurrencies.
A new 2023 BTC ATH has been registered at $42,100.
For many crypto enthusiasts and market participants, all indications point to the fact that Bitcoin could hit over $60,000 by April 2024.
SEC’s discussion with top applicants of spot Bitcoin ETF continue as BTC price has rallied past $41,532 in a fresh surge.
With the heightened crypto regulatory crackdown and the US SEC’s change of attitude towards the industry, Bloomberg analyst argues all 12 applications will be approved in early January.
Pando has named the Bank of New York Mellon as the official administrator of the ETF.