Search
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
13.11.2023
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could...
Grayscale ‘Constructively Engaging’ With SEC on Spot Bitcoin ETF, Says CEO
11.11.2023
Crypto asset manager Grayscale Investments is “constructively engaging” with the U.S. Securities and Exchange Commission (SEC) regarding its application to convert its flagship bitcoin trust into a spot bitcoin exchange-traded fund (ETF), says CEO Michael Sonnenshein. The executive...
Michael Saylor Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals
9.11.2023
Microstrategy Chairman Michael Saylor expects the demand for bitcoin to double after the halving and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The Microstrategy executive says the next 12 months will be “pretty auspicious...
Animoca CEO: Blockchain Game Sector Rejuvenated by Spot Bitcoin ETF Enthusiasm
7.11.2023
Animoca Brands co-founder Yat Siu. Source: Animoca Brands CEO Yat Siu. Source: Animoca Brands/Canva The hype surrounding the potential launch of a spot Bitcoin exchange-traded fund (ETF) is not only driving up the price of Bitcoin but has also reignited enthusiasm in the crypto gaming sector...
November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million
7.11.2023
Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the current bitcoin exchange rates. While 100 BTC...
Valkyrie Anticipates Approval of Spot Bitcoin ETF by SEC This Month
3.11.2023
The Securities and Exchange Commission (SEC) may finally approve the long-awaited spot bitcoin exchange-traded fund (ETF) as early as this month, according to Valkyrie’s chief investment officer, Steven McClurg. Bitcoin’s price has rallied over the past few months in anticipation of...
Analysts Observe Rising Stablecoin Supply, Indicating Capital Inflow
3.11.2023
The total supply of stablecoins has surged in recent weeks, coinciding with a significant rally in the price of Bitcoin (BTC), on-chain data shows. The growth in stablecoin supply has followed an extended surge in the broader crypto market that started after a false report on October 16 said a spot...
Analyst Predicts Bitcoin Price Rising to $150,000 by 2025 — ‘Imminent’ Approval of Spot Bitcoin ETFs Expected
2.11.2023
Global asset management firm Alliance Bernstein expects the price of bitcoin to reach $150,000 by 2025. The firm’s analyst has predicted “imminent” approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), including those by leading...
Major Market-Makers in Talks to Provide Liquidity to BlackRock’s Bitcoin ETF If Approved – Here’s Why That Matters for the BTC Price
31.10.2023
Some of the global financial industry’s largest market-makers might jump in to provide liquidity for BlackRock if the firm’s spot Bitcoin Exchange Traded Fund (ETF) application is approved by the US Securities and Exchange Commission (SEC), reported CoinDesk on Tuesday citing a personal...
Vanguard Has No Plans to Join Asset Management Rivals in Pursuing Bitcoin ETFs: CEO Tim Buckley
31.10.2023
Asset management firm Vanguard has revealed that it will not be joining its competitors in pursuing a spot Bitcoin exchange-traded fund (ETF). While rivals like BlackRock and Fidelity have pending applications for Bitcoin ETFs, Vanguard CEO Tim Buckley stated in a recent interview with CNBC that...
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...
Digital Asset Investment Products Register Record $326M in Inflows, Led by Bitcoin and Solana
30.10.2023
Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022. According to a recent report by CoinShares, the surge in investor interest can be attributed to growing optimism surrounding the potential approval of...
Is Bitcoin (BTC) Set to Surge Above $40,000? This Indicator Suggests Whales Are Waking Up
30.10.2023
The Bitcoin (BTC) bulls remain in control on Monday as the world’s largest cryptocurrency by market capitalization consolidates to the north of the $34,500 level in wake of last week’s more than 15% surge. Optimism about expected upcoming spot Bitcoin exchange-traded fund (ETF)...
VanEck Files Amended Application for Bitcoin ETF with SEC
30.10.2023
New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...
Blackrock / BTC Price Speculation, Musk Wants ‘Comprehensive Deregulation,’ Kiyosaki Not Trying to Be Warren Buffet — Week in Review
29.10.2023
As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory turmoil, and Rich Dad Poor Dad author Robert Kiyosaki describes...
SEC Considering 8-10 Spot Bitcoin ETF Applications, Says Chair Gary Gensler
28.10.2023
The U.S. Securities and Exchange Commission (SEC) is currently considering between eight and 10 bitcoin exchange-traded fund (ETF) applications, according to SEC Chairman Gary Gensler. He insisted that “the vast majority of crypto assets likely meet the investment contract test, making them...
Bitcoin ETF Speculation Sustains Bitcoin Price – How Long Will it Last?
27.10.2023
The Bitcoin price has seen substantial volatility in recent weeks, largely driven by speculation around the potential approval of a Bitcoin exchange-traded fund (ETF) by the SEC. While Bitcoin bulls have cheered each new rumor of progress on the ETF front, whether the asset can sustain significant...
Investor Greed Increases Amid Bitcoin ETF Anticipation
26.10.2023
With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the crypto market entered the green zone of the scale this...
JPMorgan Warns of Potential Lawsuits if SEC Rejects Spot Bitcoin ETF Applications
26.10.2023
The possibility of SEC approval for a spot bitcoin exchange-traded fund (ETF) has generated growing optimism in recent weeks, with some analysts predicting approvals could come within months. Potential legal battles loom if the SEC ultimately rejects any spot Bitcoin ETF applications, however....
Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year
26.10.2023
A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regulator will approve one or more of the proposals...