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Will Evergrande’s collapse have a silver lining for crypto?

This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.

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SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal.

Continue ReadingSEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

BlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: Analyst

Bloomberg’s senior ETF analyst believes BlackRock has an even chance of getting its Bitcoin ETF green-lit, as Grayscale looks more likely to win its case against the Securities and Exchange…

Continue ReadingBlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: Analyst

Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000.

Continue ReadingBitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?