Dogecoin Price Prediction Stalls as GitHub Proposal Targets 90% Block Reward Slash While Pepeto Offers What DOGE Holders Need Next FinanceFeeds
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Polymarket traders sharply cut the odds of President Donald Trump winning his Supreme Court tariff case after several justices cast doubt on the legality of his sweeping trade measures. The market dropped by 29% during Wednesday’s hearing. Supreme Court Challenges Trump’s Tariff Authority Both conservative and liberal members of the Court challenged the administration’s use
The post Polymarket Traders Slash Trump Tariff Odds by 29% After Justices Question Legality, Bitcoin Jumps appeared first on CoinGape.
]]>1,310,871,032 SHIB Slash in Shiba Inu Supply, What’s Happening? U.Today
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The Bitcoin price and the entire crypto and stock market have been operating at the mercy of the tariff wars ignited by US President Donald Trump after being sworn into office. The initial wave of tariff increases on countries such as China triggered massive crashes across financial markets, plunging the Bitcoin price below $80,000. However, the tariff wars are nearing their end with the latest announcement from the White House regarding trade between the United States and China.
White House Announces Reduction Of China Tariffs
In April 2025, US President Donald Trump had announced a drastic increase of tariffs on Chinese goods to a high 145%, with over 180 countries also seeing tariff increases. This triggered a wave of panic and retaliation, triggering what is now known as the ‘tariff wars.’ As discussions progressed, another announcement in April revealed a 90-day pause on tariffs for other countries, with the exception of China.
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While China was yet to exempt, the 90-day pause did have a positive effect on the market as the Bitcoin price recovered, taking the crypto market up with it. Since then, the Bitcoin price has since recovered above $100,000, as well as the stock market seeing multiple green days.
Trade talks have since been ongoing between China and the United States and there has been a stopgap put in place for now. In a statement on the White House website, it was announced that both the Chinese and United States government at the US-China Economic and Trade Meeting in Geneva had agreed to modify their respective applications and implement a suspension of 24 percentage points of tariffs.
This agreement is expected to be in place for an initial period of 90 days, giving both parties time for more discussions toward a resolution. The statement read that this was done in “the spirit of mutual opening, continued communication, cooperation, and mutual respect.”
Why The Bitcoin Price Could Explode
Currently, the rally of the Bitcoin price is being driven by the positive news surrounding the tariffs. So, it is expected that more positive news will continue to drive up the price. The agreement between the US and China states that both countries should have implemented the tariff reduction by May 14, 2025. With only a day left, this deadline could trigger another rally.
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As the news of the suspension begins to make the rounds, it signals no negative news coming out regarding tariffs for the next three months at least. This gives time and most importantly, confidence in risk assets such as Bitcoin for investors looking for gains. With the return of investors into the risk market, the Bitcoin price could quickly cross $110,000 as early as Wednesday.
Featured image from Dall.E, chart from TradingView.com
Shiba Inu to Burn Big? Plan to Slash SHIB Supply Teased by Shiba Inu Executive U.Today
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Following the SEC decision on Bitcoin ETFs and the launch of the market on January 11, the race between asset managers continues to heat up. Invesco, a leading global provider of ETFs, in partnership with Galaxy Asset Management, launched the Invesco Galaxy Bitcoin ETF (BTCO). This move was intended to offer efficient exposure to spot Bitcoin—a different approach to other Bitcoin ETF issuers.
To capture a greater share of the Bitcoin ETF market and climb up the ladder—currently ranked 6th—Invesco and Galaxy said on Monday that they are cutting the sponsor fee. The fund’s fee will be slashed from 0.39% to 0.25%, putting it on par with most rivals.
At the same time, altcoins sharing the spotlight are Immutable (IMX) and InQubeta (QUBE). These top altcoins have been stirring up quite a buzz thanks to their staggering upside potential. Poised to skyrocket, these are the best cryptos to buy now and altcoins plays not to miss out on.
InQubeta (QUBE): aiming for a surge after launch
InQubeta (QUBE) is one of the new ICOs quickly gaining investors’ confidence. For starters, it is one of the most bullish narratives, standing at the intersection of AI and blockchain. Additionally, other token features like deflationary tokenomics, governance, and staking further make it stand out.
Given the above, the presale selling outcomes as no surprise. To date, an astounding $8.6 million has been raised in early funding, with the $10 million fundraising milestone eyed next. In the seventh stage of the ICO, a token costs only $0.0224, and analysts tip it for a 6,000% rally after launch.
Positioned as the best new crypto to invest in, other appeals of InQubeta involve the role it is designed to play. It aims to primarily address the fundraising challenge within the burgeoning AI sector. To this end, it will build the first crowdfunding platform that will allow tech startups to raise funds through crypto on its NFT marketplace.
Invesco and Galaxy reduce Bitcoin ETF fee
Spot Bitcoin ETFs continue to be the talk of the financial town—a buzz not likely to recede anytime soon. Investor sentiment post BTC ETF has also been on the rise as the market soars, with asset managers competing to get a significant slice.
A piece of exciting news that is stirring up quite a buzz is Invesco and Galaxy deciding to cut the sponsor fee on their Bitcoin ETF, BTCO. On Monday, they announced reducing their fund’s fee from 0.39% to 0.25%, which will put BTCO on par with most rivals.
This move came on the back of the desire to gain a competitive edge. Currently, the spot Bitcoin ETF market is dominated by BlackRock, Grayscale, and Fidelity, with Invesco and Galaxy’s ETF product ranking 6th. Hence, this new rate might see BTCO rank higher, presently boasting about $280 million in trading volume and assets under management (AUM).
Immutable (IMX): a solid altcoin to watch out for
Immutable (IMX) is the first layer-2 scaling solution for NFTs on Ethereum. With this, it has been able to carve out a niche and become a pioneer in the dynamic crypto landscape. As a layer-2 scaling solution, it addresses Ethereum’s limitations like illiquidity, low scalability, and poor user experience, among others.
One of its competitive advantages is its massive scalability and zero gas fees for minting and trading NFTs. Remarkably, it does this without compromising asset or user security. Given this, Immutable is primed for massive adoption and staggering growth.
In light of the above, it is clear why Immutable is one of the altcoins to watch for significant growth. Hence, if you wish to position yourself for substantial gains, IMX is among the best altcoins to invest in.
Conclusion
Invesco and Galaxy have decided to reduce their Bitcoin ETF fee from 0.39% to 0.25% as competition heats up.
Meanwhile, aiming to skyrocket are Immutable and InQubeta, making them altcoins to watch and investors’ favourites.
For more information about the InQubeta presale, visit the InQubeta Presale or join the InQubeta Communities.
Amid strong demand and inflows continuing in spot Bitcoin ETFs, issuers have escalated the fee war. On Monday, January 29, Investco and Galaxy Digital announced the reduction in their spot Bitcoin ETF fees by 35% from 39 bps to now at 25 bps.
Fee War Escalates Among Spot Bitcoin ETF Issuers
As per the latest statement, the expense ratio for the Invesco Galaxy Bitcoin ETF (BTCO) will be reduced to 0.25%, down from its previous rate of 0.39%. The fund will waive its fees for the initial six months or until it accumulates $5 billion in assets, whichever comes first.
We have @InvescoUS & @galaxyhq cutting the long term fee on their #Bitcoin ETF from 39 bps to 25 bps.
(Yes they have the fee waiver to 0% for first 6 months or $5 billion in assets). Story from @emily_graffeo & @kgreifeld pic.twitter.com/Erk2NU9kVF
— James Seyffart (@JSeyff) January 29, 2024
This move adds to the existing trend of issuers lowering costs in the emerging industry, even preceding the approval of spot Bitcoin ETFs by US regulators earlier this month. Notable industry players like BlackRock Inc. and Fidelity, leveraging their extensive distribution networks, have surged ahead.
Together, they have amassed around $4 billion in combined investor inflows, constituting approximately 70% of total spot Bitcoin ETF inflows. In comparison, BTCO currently holds the fifth position with an approximate haul of $283 million. These massive inflows in Bitcoin ETF continue while the GBTC registers a drop in net outflows.
Despite the fee reduction on Monday, BTCO doesn’t claim the title of the cheapest spot Bitcoin ETF available. Franklin Templeton’s fund boasts a post-waiver expense ratio of 0.19%, making it the most economical among spot Bitcoin ETFs. On Monday, BTCO’s shares experienced a 2.8% increase, mirroring the surge in Bitcoin price.
Bitcoin Price Jumps, $170,000 In Sight
The recent developments have served as a catalyst to the Bitcoin price with some analysts predicting a surge to $50,000 before the Bitcoin halving. Some of the market veterans are very bullish for Bitcoin post the halving in April 2024.
Anthony Scaramucci, the founder of SkyBridge Capital, anticipates that the next Bitcoin (BTC) halving will propel the cryptocurrency’s price to $170,000 per coin. This projection is grounded in Bitcoin’s historical pattern of reaching new all-time highs after each halving, which occurs approximately every four years and reduces the rate at which new BTC is generated by half. Speaking on the Scott Melker podcast last week, Scaramucci said:
“Go back and look at Bitcoin halving cycles. The day that Bitcoin halves, multiply it by four [and] 18 months later and it’s been uncanny that that’s been the price of Bitcoin.”
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
In a rising competition in the Spot Bitcoin ETF race, BlackRock and Ark Investments have engaged in a preemptive fee war, announcing reductions in the fees for their proposed Bitcoin exchange-traded funds (ETFs). Meanwhile, the recent S-1 filings reveal a strategic maneuver to attract investors, even before securing approval from the U.S. Securities and Exchange Commission (SEC), signaling the intensity of the competition for a stake in the anticipated capital inflow.
BlackRock & Ark 21Shares’s New S-1 Filings
Amid the soaring speculations in the global crypto landscape, the new S-1 filings from BlackRock and Ark Investments have gained notable traction from crypto market enthusiasts. The week has witnessed a flurry of developments from the key ETF players in the U.S., with almost all the firms having updated their S-1 filing, ahead of the potential SEC approval.
Notably, according to the latest S-1 filings of BlackRock for its iShares Bitcoin Trust, the firm has adjusted its proposed fee from 0.30% to a more competitive 0.25%, aiming to position itself favorably in the growing market. Simultaneously, Ark Investments, in collaboration with 21Shares, has lowered its fee to 0.21% from the previously set 0.25%.
Notably, this fee reduction race emphasizes the urgency among ETF managers to gain an edge in the evolving landscape, even ahead of regulatory approval.
Also Read: Binance Delists BTC, ETH, BNB, LTC, FLOKI Spot Trading Pairs
Strategic Bitcoin ETF Filings Adjustments
Amid the rush to meet the SEC’s final deadline for Bitcoin exchange-traded product (ETP) filings, significant players in the market are adjusting their strategies. However, the optimism over a Spot Bitcoin ETF witnessed a pause today due to a false SEC approval post, identified as a hacking incident.
However, the focus remains on strategic adjustments in fees, waivers, and custodial relationships as the industry awaits the SEC’s decision on these investment vehicles.
As reported by CoinGape earlier, Bitwise ETF, listed as BITB, is offering a fee waiver for six months or until the fund reaches $1 billion in assets, after which it will charge a reduced fee of 0.20%. On the other hand, Fidelity Wise has also entered the fray, reducing its fee to 0.25% with a waiver period until July 31 for FBTC.
As the countdown to the SEC decision continues, these strategic moves underscore the fierce competition among ETF managers, with each vying for a competitive edge in the evolving cryptocurrency investment landscape.
Also Read: Shiba Inu Burn Rate Jumps 27510% Amid Soaring SHIB Whale Accumulation
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
All major players in the Bitcoin exchange-traded product (ETP) rushed to amend S-1 forms before the SEC’s final deadline on Monday. Tuesday saw some stir due to a false SEC approval post, which was later identified as a hacking incident and removed from the official channel.
In the meantime, applicants are adjusting their offerings, with implications for fees, waivers, and custodial relationships ahead of the expected decision on Wednesday.
Bloomberg’s senior analyst, James Seyffart, offered a glimpse of the final S-1 documents.
Bitwise ETF, under the ticker BITB, is offering a waiver for six months or until the fund reaches $1 billion in assets. Afterward, it will charge a fee of 0.20%, slashed from the earlier 0.24%. The fund is listed on the NYSE, with Coinbase named as the custodian.
ARK 21Shares, under the ticker ARKB, presents a similar model. The fee after the waiver period is at 0.25% It will be listed on CBOE, with Coinbase as its custodian.
Fidelity Wise has slashed its fee to 0.25% with a waiver period until July 31. FBTC will be listed on CBOE, and custodian is Fidelity.
Competition leads to more fee slashes
WisdomTree Bitcoin Trust, BTCW, is reportedly offering a 0.30% post-waiver. WisdomTree’s waiver lasts for 6 months or until $1 billion in assets. The custodian is again Coinbase.
Invesco Galaxy Bitcoin ETF, under the ticker BTCO, has a waiver term of 6 months, or $5 billion in assets. Listed on CBOE, BTCO will charge 0.39% after this period. Coinbase serves as the custodian for Invesco ETP as well.
Valkyrie Bitcoin Fund, BRRR, sets only a 3-month waiver period. It will charge a relatively higher fee of 0.49% after that. BRRR will be listed on Nasdaq and use Coinbase as their custodian.
The iShares Bitcoin Trust, IBIT, has opted for a revenue-intensive model. It has set a fee of 0.20% for a 12-month waiver period or until it achieves $5 billion in assets. The post-waiver fee is 0.30%. It will be listed on Nasdaq, and Coinbase continues to be the preferred custodian.
VanEck Bitcoin Trust, HODL, is levying a 0.25% fee without waivers, to be listed on CBOE. Gemini will act as the custodian.Franklin Bitcoin ETF, EZBC, comes in with a 0.29% fee, no waiver, listed on CBOE, and Coinbase as the custodian.
Hashdex Bitcoin ETF has a listed 0.90% fee with no waiver, marked for the NYSE, with BigGo as the custodian.
Lastly, Grayscale Bitcoin Trust (GBTC) stands out with a substantial fee of 1.5% with no waiver. A potential slash is expected at this range. It will be listed on the NYSE and use Coinbase as the custodian.
This panorama of filings and re-filings is an effort to capture market share in the burgeoning crypto ETP space. Meanwhile, the custodial arrangements indicate a strong preference for Coinbase, with other major players like Fidelity, Gemini, and BitGo also in the mix.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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