Will indication of SEC approval for Ethereum futures ETFs be precursor to further pain?.

The U.S. Securities and Exchange Commission (SEC) is set to approve the first exchange-traded funds (ETFs) based on Ethereum futures, according to a Bloomberg report on Aug. 18 The green light from the regulatory body could pave the way for several firms, including Volatility Shares, Bitwise, Roundhill, and ProShares, that have filed to launch ETFs […] The post Will indication of SEC approval for Ethereum futures ETFs be precursor to further pain? appeared first on CryptoSlate. origin »

Bitcoin plunges to $26k, leads crypto bloodbath.

The drop in Bitcoin's price propelled the wipeout of leveraged positions worth over $900 million. Implied volatility doubled, but market participants saw a buying opportunity. The cryptocurrThe post Bitcoin plunges to $26k, leads crypto bloodbath appeared first on AMBCrypto. origin »

Shiba Inu presents a buying opportunity at this level.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The FOMC Minutes tipped bears to overrun tThe post Shiba Inu presents a buying opportunity at this level appeared first on AMBCrypto. origin »

Federal Reserve shuts down Farmington Bank over unapproved stablecoin project.

The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy without notifying supervisors or gaining approval. The U.S. government agency said that it approved Farmington’s application to become a bank holding company in 2020, at which time it imposed certain conditions on the bank and […] The post Federal Reserve shuts down Farmington Bank over unapproved stablecoin project appeared first on CryptoSlate. origin »

Decoding Bitcoin’s state after a 13% price plunge.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin's 13% price fall over the past dayThe post Decoding Bitcoin’s state after a 13% price plunge appeared first on AMBCrypto. origin »

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