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Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency

Vaneck Report Calculates Bitcoin Price Could Tap .8M if BTC Becomes the Global Reserve CurrencyOn Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed currency regimes.” The study’s calculations estimate that gold could reach […]

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZXThe financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.” Wisdomtree Follows Vaneck’s Lead […]

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals