The Latest Breaking News from Eric Balchunas

However, Bitcoin's latest move also caused $190 million worth of liquidated derivates, $150 million of which was in short positions.

The recent COIN share sale by ARK's Fintech Innovation exchange-traded fund (ETF) is the biggest since July 25, 2023, when the ARK Next Generation Internet ETF sold over 53,000 COIN shares.

Cryptocurrency market saw a sharp decline with major cryptocurrencies experiencing a notable downturn in the late afternoon hours

Bitcoin decouples from U.S. equity markets while trading volume for existing instruments hints at strong demand for spot Bitcoin ETFs

BlackRock's iShares Bitcoin Trust listed on DTCC, positive indicators for SEC approval

On Friday, the top cryptocurrency fell below where it had been trading prior to the ruling.

A federal court sided with Grayscale on Tuesday in its more-than-year-long lawsuit against the SEC.

The SEC's position is the first publicly reported statement from the agency in regards to the current rush of Bitcoin spot ETF applications.

Stocks have been due for a rally, and coinciding with the historically strong month of October, the broad market S&P 500 has climbed nearly 5% over the last month, after falling 9% in September. Is bullish sentiment back? ETF flows over the past week suggest the answer is yes.