Franklin Templeton Files for Crypto ETF on Cboe BZX Exchange
Franklin Templeton, a leading asset management firm, has officially submitted a filing to the U.S. Securities and Exchange Commission (SEC) for a multi-asset cryptocurrency exchange-traded fund (ETF). This move marks another significant step in the growing adoption of crypto ETFs in the financial market. Franklin Crypto Index ETF Overview The
Institutional Traders Still Wary of Crypto, But Interest Slowly Grows
Despite a more favourable regulatory environment, institutional traders remain cautious about crypto trading, according to JPMorgan’s latest e-trading survey. The survey, conducted in January 2025, revealed that 71% of institutional traders have no plans to trade crypto this year. This marks a slight improvement from last year when 78% of
Bitcoin-Gold Ratio Hits 12-Week Low as Gold Demand Surges
The Bitcoin-Gold ratio has dropped to its lowest level in 12 weeks, signaling a shift in investor sentiment. Gold’s surge to record highs comes as fears of a U.S.-China trade war push traders toward the precious metal. Meanwhile, Bitcoin (BTC) struggles to gain upside traction despite inflows into U.S.-listed spot
Crypto Market Surges and Dips as China Retaliates Against U.S. Tariffs
The crypto market saw a sharp surge followed by a quick dip as macroeconomic tensions weighed on investor sentiment. XRP, Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) recorded gains of nearly 20% before retracing, while Bitcoin (BTC) and Ethereum (ETH) remain up by around 4%. The market initially benefited from
Crypto Markets Crash as U.S. Tariffs Trigger $2.2B Liquidations
The crypto markets suffered a severe downturn as a new wave of U.S. tariffs on Canada and Mexico sparked concerns of a global trade war. XRP, Dogecoin (DOGE), and Cardano (ADA) led the slump, each plunging over 25% and reversing all gains made since December. With market sentiment turning risk-averse,
Bitcoin Dominance Nears 62% as Altcoins Struggle – Highest Since 2021
Bitcoin’s market dominance has surged to nearly 62%, its highest level since February 2021. This shift signals a challenging period for altcoins, with many investors focusing on BTC amid uncertain macroeconomic conditions. Bitcoin Market Dominance Hits 62% As of February 3, Bitcoin’s dominance has climbed to 62%, reinforcing its position
Robert Kiyosaki Predicts Bitcoin Crash Amid Trump’s Tariff Policy
Bitcoin is navigating a turbulent phase, with the price hovering around $102,360, down 2%, as fears over Donald Trump’s tariff policies weigh on global markets. Robert Kiyosaki, the famed investor and author of Rich Dad Poor Dad, warns that Bitcoin, gold, and silver could witness a significant crash as these
Bitcoin ETFs See Modest Rebound With $18 Million Inflow
Bitcoin spot exchange-traded funds (ETFs) saw a modest recovery with a net inflow of $18.44 million following recent outflows. Despite the quiet trading day, BlackRock’s IBIT continued to dominate inflows, while Ark and 21Shares’ ARKB faced notable withdrawals. Bitcoin ETFs See Mixed Inflows and Outflows According to data from Sosovalue,
Fed Holds Rates Steady: What It Means for Crypto and Risk Assets
The Federal Reserve (Fed) is set to hold interest rates unchanged at its first meeting of 2025, with markets bracing for any signals on future monetary policy. While the decision to maintain the current target range of 4.25%-4.5% has been widely anticipated, Fed Chair Jerome Powell’s commentary on key economic
How Will Markets React to $2.8B Crypto Options Expiring Today?
Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.94, which means that bulls and bears are evenly matched with similar numbers of long (call) and short (put) contracts expiring. Open interest, or the value or number of BTC options contracts yet to expire,
