Bitcoin statement from Vanguard’s new CEO
The newly appointed CEO of Vanguard, Salim Ramji, who, unlike BlackRock, takes an anti-cryptocurrency stance, especially Bitcoin, stated that it is not possible for them to take a Bitcoin spot ETF step.
The newly appointed CEO of Vanguard, Salim Ramji, who, unlike BlackRock, takes an anti-cryptocurrency stance, especially Bitcoin, stated that it is not possible for them to take a Bitcoin spot ETF step.
FTX, which went bankrupt in November 2022 and whose then-CEO Sam Bankman-Fried was sentenced to 25 years in prison, is preparing to reimburse its customers who lost money, while crypto brokerage firm K33 came up with an important analysis on the subject. The company stated that since FTX payments are in cash, this could bring a buying movement for the market.
In the 2024 bull season, while the trades made on meme coins issued especially on the Solana network were the subject of discussion, an investor managed to earn 1238 SOL worth $200,000 from a meme coin in which he invested only 9 SOL. This person earned 137 times in 5 minutes.
QCP, one of Asia’s largest cryptocurrency trading and market maker companies, shared its new Bitcoin analysis. Stating that the US inflation figures enabled the prices to break upwards, the company analysts wrote that they expect the largest cryptocurrency to peak above $74,000.
It was stated that CME Group, which is seen as the world’s largest futures exchange, wants to start spot transactions in Bitcoin, especially after the SEC approved Bitcoin spot ETFs. If this step is taken, transactions are planned to be made through EBS in Switzerland, which is affiliated with the CME Group.
April inflation figures were announced in the US. Both headline and core inflation data came as expected, leading to a rise in Bitcoin. There was an increase of more than $2000 in the largest cryptocurrency. After the figures were announced, the markets started to price 2 interest rate cuts for 2024.
PEPE, one of the few cryptocurrencies to rally sharply during this year’s bull season, has continued to rise in recent days, while an early investor in the token realized part of his millions of dollars in profits. The investor sold at the top after the peak and bought 2.3 million.
Robinhood, which recently received a warning letter from the SEC, is preparing to enter a possible litigation process in the US, while stepping on the gas in Europe. The company launched a staking option for Solana, which provides an annual return of 5%. Robinhood had delisted Solana in the US.
The announcement that the pension fund of the state of Wisconsin in the US bought a $100 million Bitcoin spot ETF made a big noise yesterday, while Eric Balchunas, Bloomberg’s ETF analyst, was not indifferent to this situation and said, “Normally you don’t get these big fish institutions in the 13Fs for a year. Expect more, as institutions tend to move in herds.”
Keith Gill, known by his nickname “Roaring Kitty”, tweeted for the first time in years yesterday, bringing another big rise to meme coins. Today it was PEPE’s turn. The meme coin continued its rise that started yesterday evening and made ATH today. On the other hand, one of the reasons that triggered the rise was the Coinbase listing allegations.