Photograph by Sean Gallup/GettyThe founder of the investment firm Skyridge Capital and crypto evangelist Anthony Scaramucci’s optimism for Bitcoin remains unfazed following its 17 per cent loss over the past seven days. In fact, he thinks the cryptocurrency will reach ‘doubloon status’ by year’s end reaching at least $100,000 and potentially as high as $170,000. […]

A fresh wave of applications for spot ether Exchange-Traded Funds (ETFs) will be sent to the US Securities and Exchange Commission (SEC) today and could receive a close vote within the week or next. New ether ETFs are on the horizon amid a drop of 25% for Ethereum from its March peak (versus bitcoin’s drop

On 8 July, CBOE Global Markets filed for Solana exchange-traded fund (ETF) listings – with Solana being the cryptocurrency at the forefront of the VanEck and 21Shares new ETF proposals. As the fifth-largest cryptocurrency, the inclusion of Solana requires SEC approval via a 19b-4 application of the SEC and must pass a separate investor disclosure

Bitcoin prices tumbled to a four-month low on Monday, as the cryptocurrency market continues to see steep declines that have been in play for weeks now. Not helping: increasing talk of massive sell-offs by the German government – coupled with fears that the creditors of the now-bankrupt crypto exchange Mt Gox are in a liquidation

Bitcoin and other top cryptocurrencies, including Ethereum and XRP, have become highly volatile in the past few weeks. In what Fortune magazine called an ‘extreme fear’ outlook, it is possible that their valuations are going down even further. Bitcoin, for example, has fallen nearly 20 per cent in the past month after a warning from

There is also much anticipation, and an accompanying rise in cryptocurrency speculation, that Ether will surpass its November 2021 highs of $4,867.60 when the Ether ETFs become available. Indeed, the supply dynamics of Ether, which is currently the second-largest cryptocurrency in the world, have very similar features to Bitcoin, which at one time was the

The cryptocurrency market took a hit Wednesday amid a big sell-off that was predominantly driven by the leading crypto assets such as Bitcoin, Ethereum and Solana. In the last 24 hours, the total market cap declined 3.3% to around $2.04 trillion. Bitcoin traded 2.5% down to $55,667, while Ethereum had 2.6% decline to $2,916. The

In his speech on 20 October at the Reuters NEXT conference, Singapore Exchange (SGX) CEO Loh Boon Chye said: ‘The environ[ment] for crypto tokens listed on SGX or any exchange is unfortunately not up to that support level today … At the moment, we don’t think we are ready to list.’ Loh was referring to

According to CryptoQuant, published 5 July, the Bitcoin mining world is in a similar position to late in 2022 after the FTX crash, with profits running low again, and sell-offs continuing to put pressure on miners, which is leading to action. Bitcoin has fallen 13% from $68,791 to $59,603, putting pressure on miners to shutter

Analyst Peter Brandt highlights a seismic bearish breakout in the Bitcoin market, which most recently plunged below $58,000 in an explosive correction that caused $4 billion worth of liquidations. Although it has long been seen as a good store of value (that is, as a safe haven for HODLing), Bitcoin recently broke below the 200