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Bitcoin Price Prediction: Europe's ETF Launch, BlackRock's SEC Decision & Depot's Growth
16.8.2023
In a dynamic period for Bitcoin, the renowned cryptocurrency has seen its value slightly diminish, trading at $29,231—a 0.50% decrease as of Wednesday.
Adding to the ever-evolving landscape, Europe has made headlines by launching the very first Bitcoin ETF.
At the same time, speculations swirl...
Bitcoin Price Prediction: SEC's Stance, TeraWulf's BTC Surge, and Grayscale's Pending ETF Decision
15.8.2023
Bitcoin's recent performance shows a marginal dip of less than 0.10%, trading at $29,380 as of Tuesday.
This subtle fluctuation in Bitcoin's price can be attributed to several underlying factors.
Foremost among them is the sentiment expressed by former SEC Chairman John Reed Stark, who opines...
Grayscale Bitcoin ETF decision could happen this week, say pundits
15.8.2023
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund
Spot Bitcoin ETF Applications Face More Delays
11.8.2023
The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public Opinion on Spot Bitcoin ETF The SEC put out a 34-page...
SEC decision on Bitcoin ETFs won't leave out Wall Street giants
11.8.2023
The Securities and Exchange Commission's prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications
SEC decision on Bitcoin ETFs won’t leave out Wall Street giants
11.8.2023
The Securities and Exchange Commission’s prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications
SEC Delays Decision on Ark Invest’s Spot Bitcoin ETF Application, Calls For Public Input
11.8.2023
The US Securities and Exchange Commission (SEC) just delayed a decision on Ark Invest’s spot bitcoin exchange-traded fund (ETF) application by at least eight weeks by calling for a period of public comment.
The agency published an order calling for public input on Ark Invest’s Ark 21Shares Bitcoin...
Ark 21Shares Bitcoin ETF Application Decision Pushed by SEC
11.8.2023
The U.S. Securities and Exchange Commission (SEC) extended its review of the Ark 21Shares Bitcoin ETF application, as it continues to look at applications from traditional finance heavyweights like BlackRock and Fidelity
The SEC is looking to appeal a decision on Ripple Labs
10.8.2023
The US District Judge Analusa Torres recently ruled that Ripple’s XRP was not violating any federal securities law by getting listed on public exchanges. However, the US Securities & Exchange Commission, that is, the SEC, has taken cognizance of this outcome and sought to draft an appeal...
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
8.8.2023
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl
US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit
7.8.2023
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s decision blocks the attempt by Mashinsky to stop James...
Miami Mayor Francis Suarez Announces Acceptance of Cryptocurrencies for 2024 Presidential Campaign
6.8.2023
On August 4, 2023, Miami Republican mayor Francis Suarez announced that he’s accepting cryptocurrencies for campaign donations. The 2024 presidential candidate revealed the decision to accept digital currencies during a Coindesk TV broadcast. 2024 Presidential Candidate Francis Suarez...
Biggest Movers: SHIB Surges to 3-Month High to Start the Weekend
5.8.2023
Shiba inu was a notable gainer during Saturday’s session, as the meme coin climbed to a three-month high. The move comes as traders continue to react to Binance’s decision to approve the coin as a collateral asset, in addition to the upcoming launch of Shibarium. Dogecoin also snapped its recent...
White House, Yellen Slam Fitch’s US Rating Downgrade — Biden Officials Call It ‘Bizarre and Baseless’
3.8.2023
Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision “bizarre and baseless.” Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed with the downgrade decision. Yellen claimed that the change by Fitch Ratings...
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
1.8.2023
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple
Bitcoin, Ethereum Technical Analysis: BTC Closes in on $30,000 as Markets React to Latest Fed Decision
27.7.2023
Bitcoin edged closer to the $30,000 level on Thursday, as markets reacted to the Federal Reserve’s decision to hike interest rates. The Fed increased rates by 25 basis points, and have hinted that they could make an additional move in September. Ethereum neared the $1,900 level today....
Bitcoin Volatility Expected on Friday's Bank of Japan Rate Decision. Here's Why
27.7.2023
The BOJ is predicted to soften its grip on the country's bond markets, potentially influencing global bond markets, exchanges rates and liquidity conditions. Bitcoin and cryptocurrencies, in general, are sensitive to changes in global liquidity conditions
Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Time to Buy?
26.7.2023
Amidst the US Federal Reserve's latest policy meeting on Wednesday, Bitcoin price finds itself in a consolidation phase near the $29,300 mark.
The much-anticipated announcement revealed a 25 basis points (bps) increase in the policy rate, setting the federal funds rate within the range of 5.25%...
Bitcoin Price Prediction as Federal Interest Rate Decision Approaches – Has Bitcoin Bottomed Already?
25.7.2023
With the upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, market participants are eagerly awaiting the outcome and its potential impact on various financial assets, including Bitcoin.
As the FOMC convenes to make decisions on the federal interest rate,...