ARK Invest’s Cathie Wood expects delayed Bitcoin ETF decision, but predicts multiple approvals afterwards

The SEC likely will not decide whether to approve ARK's application this week.

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The global crypto market cap is $1.18 trillion, with a 24-hour volume of $32.51 billion. The price of Bitcoin is $29,751.55, and BTC market dominance is 49.0%. The price of Ethereum is $1,854.71, and ETH market dominance is 18.8%. The best-performing sector is Sports, which gained 197%. The Crypto Fear & Greed Index is currently Neutral (54).

Top News

ARK Invest’s Cathie Wood expects delayed Bitcoin ETF decision, but predicts multiple approvals afterwards

The SEC likely will not decide whether to approve ARK's application this week.

Lido adoption surges with 10,000 new stakers despite Ethereum’s price struggles

Lido detailed how the Curve Finance exploit impacted its project.

House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement

McHenry used the occassion to promote the Clarity for Payment Stablecoins Act.

Latest Insights

• Market sentiment sways as Tether sees largest redemption since FTX collapse amid PYUSD launch

• Long-term HODLers rule Bitcoin landscape amid strategic cling to value despite price swings

More News

Ripple legal chief urges investigation into ex-SEC official over Ethereum speech controversy

Ripple CLO argued that the investigation would provide clarity about Hinman motivations for the speech.

Singapore pledges $112M to foster fintech and web3 innovation

Singapore's MAS said individual web3 projects would get grant funding to support actual trial and commercialization of their products.

Kenyan authorities raid Worldcoin warehouse in Nairobi under search warrant

The Kenyan government has suspended Worldcoin's operations in the country and launched an investigation into its data collection and storage methods.

Hong Kong securities regulator warns unlicensed virtual asset trading platforms may face steep fines, imprisonment

Hong Kong's Securities and Futures Commission is not mincing words about crypto compliance in the region.

Options Put/Call Ratio suggests cautious optimism among traders

The steep decline in the open put/call ratio, coupled with the recovery in the volume ratio indicates a complex market scenario.