The Securities and Exchange Commission (SEC) has issued an administrative halt on the approval for Grayscale’s Digital Large Cap Fund (GDLC). As referenced, this delay has meaningful impact on its conversion to an ETF. That fund, currently composed of Bitcoin, Ethereum, XRP, Solana, and Cardano is the first fund to...
The SEC giveth, but the SEC taketh away. One minute, Grayscale's Digital Large Cap Fund (GDLC) looks set to become an ETF, offering investors diversified exposure to crypto beyond just Bitcoin and Ethereum. The next? Poof. Indefinite pause. What gives?Look, I get it. The SEC has a job to do....
On Wednesday morning the first Solana exchange-traded fund (ETF) started trading. It happened on the Cboe BZX, a stock exchange based in Chicago. If successful, the launch represents a game changer in the state of crypto investments. Beyond that, though, it’s a signal that even mainstream investors are becoming more...
Bitcoin’s camp continues to exert its overwhelming influence over the crypto market, keeping the most awaited altcoin season under wraps for now. Recent analysis of Bitcoin Dominance (BTC.D) and Relative Strength Index (RSI) charts suggests Bitcoin's upward momentum is likely to continue. Head trader Tony Severino of Bitcoin Mastermind did...
At BlockOpulent.com, we don’t stop at just covering crypto. We break it down and break it open, bringing you our analysis with an insurrectionist flair. Today, Miles O’Connor tackles a crucial metric for navigating the volatile crypto seas: Bitcoin Dominance. Understanding this indicator is paramount, especially for those venturing beyond...
The cryptocurrency market is a fickle beast, always changing and moving in the opposite direction you’re hoping for. As Bitcoin flirts with the $108,000 resistance level in June 2025, many investors are wondering: Is this the signal for the often-anticipated altcoin season? Miles O'Connor, a keen observer of the crypto...
The U.S. Securities and Exchange Commission (SEC) is expected to approve altcoin ETFs, maybe even before the end of 2025. If granted, this decision would be a historic first, paving the way for more extensive institutional investment in the digital asset space. These altcoin ETFs, if approved, will be the...
Streaming services completely toppled the record business model, Netflix killed the cable star, the altcoins are capturing this market gold rush. Miles O’Connor is known for his contrarian and scathing commentary. He digs into the technical indicators driving this relationship and gives his thoughts on price targets and how to...
The rumble of speculation for possible altcoin ETFs is truly deafening. Solana, XRP, Litecoin… All of a sudden everyone’s a crypto guru, foretelling riches and change. Before we get swept away, let's ask a crucial question: Who truly benefits if these ETFs get the green light? I’m not referring to...
Bloomberg ETF analysts James Seyffart and Eric Balchunas recently increased their forecasts for the approval of a handful of altcoin spot exchange-traded funds (ETFs). This is a huge turnaround in their perspective. The analysts currently predict a 95% probability that Solana (SOL), XRP, and Litecoin (LTC) spot ETFs get approved....
