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Bernstein analysts doubt political influence in SEC’s spot Ethereum ETF approvals after Biden's veto
Bernstein analysts doubt political influence in SEC’s spot Ethereum ETF approvals after Biden's veto

The shifting political narrative behind the SEC’s surprise spot Ethereum ETF approvals is less credible following President Joe Biden’s SAB 121 repeal bill veto, Bernstein analysts said.President Joe Biden’s veto of the bill that would repeal SAB 121 suggests that the SEC’s decision was more pragmatic to avoid a legal battle, they added.

The Block·2024/06/03 12:37
Bitcoin rallies alongside equities as markets anticipate an ECB rate cut this week
Bitcoin rallies alongside equities as markets anticipate an ECB rate cut this week

The price of bitcoin has rallied alongside equity indices as wider markets anticipate a rate cut by the European Central Bank this week.The bitcoin price rebounded above the $69,000 mark in early trading on Monday.

The Block·2024/06/03 11:58
Flash
  • 19:49
    Market news: Artificial intelligence (AI) startup ElevenLabs raises funds at over $3 billion valuation
    Golden Finance reports on market news: Artificial intelligence (AI) startup ElevenLabs raised funds at a valuation of over $3 billion.
  • 19:48
    CHI to Launch Bitcoin Friday Futures Options (BFF) on February 24th
    January 30, 2011 - Chicago Mercantile Exchange Platform Group (CMEGroup), the world's largest operator of financial derivatives exchanges, reportedly announced today that it intends to launch Bitcoin Friday Futures options (BFF) on February 24, pending regulatory approval.BFF will be the first cryptocurrency options offered by CME to be cash-settled. Cash-settled cryptocurrency options with expiration dates every business day Monday through Friday. These contracts are small in size (a single one is only 1 in 50 BTC), expire daily, and provide market participants with a capital-efficient set of tools to efficiently adjust their bitcoin exposure, suitable for both institutional investors and active retail traders.
  • 19:47
    SOL falls below 240 USDT
    SOL fell below 240 USDT and is now at 239.99 USDT, down 4.95% in 24H, according to market data.
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