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Goldman Sachs: Bitcoin, Ether Supply on Exchanges Fell in June – Bull Market Back?
5.7.2023
Exchange balances of Bitcoin (BTC) and Ether (ETH) fell significantly in June as more crypto holders chose to take self-custody, a report by investment bank Goldman Sachs has said.
Analyzing on-chain data, the Goldman Sachs report said it is likely that many crypto investors have moved their...
Bitcoin Price Prediction: Mark Cuban and Former SEC Official Voice Opinions on Crypto Regulation
5.7.2023
Bitcoin, the leading cryptocurrency, is currently trading at $30,869, experiencing a 1.10% decrease on Wednesday.
In the midst of this price movement, notable figures such as Mark Cuban and a former SEC official have shared their perspectives on crypto regulation, offering valuable insights into...
Bitcoin Price Prediction as BTC Tests $31,000 Psychological Level – Is it a Good Time to Buy?
4.7.2023
As Bitcoin's (BTC) price tests the key psychological level of $31,000, investors are closely watching to assess whether this presents a favorable opportunity to enter the market.
Bitcoin's price has been hovering near this crucial level, with the market eagerly anticipating its next move. ...
Bernstein: The U.S. Likely to Approve a Spot Bitcoin ETF
4.7.2023
Brokerage firm Bernstein believes that there is a strong possibility that the US Securities and Exchange Commission will approve a spot Bitcoin (BTC) exchange-traded-funds (ETF).
In a research report released on Monday, Bernstein said the SEC is under increasing pressure to greenlight such...
CoinShares Report: Bitcoin Receives Major Investor Attention Amidst New Highs for 2023
4.7.2023
Bitcoin (BTC) remains the top target for institutional investors in the past two weeks as the market continues its uphill form this year.
A new report from CoinShares shows Bitcoin’s investment products have attracted $310 million in inflows over 14 days amid skepticism over the approval of...
Bitcoin and Cryptos Rally, Unfazed by BlackRock ETF Worries
4.7.2023
Bitcoin (BTC) and the broader crypto market held on to their recent gains on Tuesday, with Bitcoin appearing to hold support above the $31,000 level.
As of Tuesday at press time, BTC traded just north of $31,000, up 1.2% for the past 24 hours, while Ethereum’s native ETH token was more or less...
Bitcoin Price Prediction as BTC Blasts Past $30,000 Level in Huge Move Up – What's Going On?
4.7.2023
The cryptocurrency market has witnessed a momentous event as Bitcoin (BTC) price catapulted past the significant $30,000 level, sending shockwaves throughout the industry.
As market participants grapple with this meteoric rise, two notable developments have emerged, shedding light on the evolving...
Coinbase to Partner with Fidelity and Other Bitcoin ETFs for Surveillance – Here's the Latest
3.7.2023
Last week, a Wall Street Journal (WSJ) report unveiled the dissatisfaction of SEC insiders with the recent batch of spot bitcoin ETF applications from prominent financial institutions like Blackrock, Wisdomtree, Valkyrie, Fidelity, Ark Investment, and Invesco.
Following this revelation, four...
Bitcoin Price Prediction as BTC Spikes Up 0.8% – Time to Buy?
3.7.2023
The price of Bitcoin has experienced a notable increase of 0.8%, prompting speculation on whether it is an opportune moment to enter the market. However, it is important to consider various factors that might impact Bitcoin's performance.
Recent news reveals that asset managers plan to refile...
Bitcoin Price Prediction as BTC Shoots Past $30,000 Resistance Level – How High Can BTC Go This Week?
2.7.2023
Bitcoin's price currently stands at $30,558, experiencing a slight drop of nearly 0.50% on Sunday.
The recent rejection of Bitcoin spot-price ETF applications by the US SEC surprised bullish investors hoping to maintain Bitcoin's price above $31,000.
In other news, Cboe has resubmitted Spot...
Bitcoin Price Prediction Turns Bullish as $20 Billion Trading Volume Sends BTC Above $30,000 – Time to Buy?
1.7.2023
The price of Bitcoin has experienced a bullish turnaround, propelled by a substantial trading volume of $20 billion, which has pushed BTC above the $30,000 mark.
However, amidst the bullish surge in Bitcoin's price, the cryptocurrency faces some pressure following the recent announcement by...
Americans Want Regulated Spot Bitcoin ETFs, Says Coinbase's Chief Legal Officer
30.6.2023
The American people want access to more safe and regulated crypto-based investment products, and the market is now responding to this, Coinbase’s chief legal officer Paul Grewal has stated....
Read More: Americans Want Regulated Spot Bitcoin ETFs, Says Coinbase's Chief Legal Officer
Bitcoin Price Prediction: Where is the Next BTC Target as $25 Billion in Trading Volumes Flood In?
30.6.2023
Bitcoin saw a spike in trading volumes on Friday, which have exceeded $25 billion in the past 24 hours as per CoinGecko.
The spike in trading activity came as Bitcoin dipped back to test the $30,000 level from above $31,000 on a WSJ report that the SEC had informed spot bitcoin ETF applicants that...
Bitcoin Takes Hit As SEC Reportedly Brands ETF Filings 'Inadequate'
30.6.2023
The US Securities and Exchange Commission (SEC) has raised concerns about recent applications for spot bitcoin exchange-traded funds (ETFs).
The agency found that the applications, submitted by asset managers like BlackRock and Fidelity through exchanges Nasdaq and CBOE Global Markets, lacked...
Bitcoin To Secure Second Quarterly Gain As Smaller Tokens Struggle
30.6.2023
Bitcoin (BTC) continues to establish its dominance in the digital asset market as it records new gains in the wake of the Securities and Exchange Commission’s (SEC) crackdown on altcoins.
The largest asset by market capitalization has surged 86.31% year-to-date (YTD) to recover from a turbulent...
Rise in Salaries Paid in Bitcoin as Employees Opt for Crypto Amid Economic Uncertainty
30.6.2023
Human Resources industry executives have noted that employees are willing to receive their salaries in Bitcoin (BTC), given the current hyperinflation and political conundrum in many regions worldwide.
Recent bank failures and volatility among fiat money are shifting people to opt for stablecoins...
Cryptos On Coinbase Fall Outside SEC Jurisdiction, Says Exchange In Response To Lawsuit
29.6.2023
Coinbase, the largest U.S.-based digital asset exchange, has fired back at the U.S. Securities and Exchange Commission (SEC) in a court filing, stating that the regulator lacks the jurisdiction to institute an enforcement action against the exchange.
Both the SEC and Coinbase are bracing...
Cathie Wood’s ARK Adds Surveillance-Sharing Agreement to Bitcoin ETF Application
29.6.2023
Cathie Wood's investment management firm, ARK Invest, is on the growing list of US-based firms that filed for spot Bitcoin exchange-traded funds (ETFs) approval with the SEC.
The investment manager, alongside crypto asset manager 21Shares, filed an amended spot BTC ETF proposal and added...
Bitcoin Price Prediction as BTC Bounces Back Above $30,000 Resistance – Time to Buy?
29.6.2023
Bitcoin (BTC) saw a second strong bounce from support in the $30,000 area late on Wednesday, with the bulls remaining in control for now.
The world’s largest cryptocurrency by market capitalization was last trading around $30,500, within this week’s ranges as support in the form of...
TRM Labs Report: Bitcoin's Dominance in Crypto Crimes Down to 19%
29.6.2023
Bitcoin (BTC) is falling out of favour among crypto criminals, and accounted for just 19% of crypto crimes in 2022, a new report has found.
In the report, blockchain intelligence firm TRM Labs said that cybercriminals are increasingly diversifying which blockchains they rely on to conduct their...