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Crypto Cashback Programs Mature to Drive Accessibility and Financial Inclusion
23.2.2024
A recent report published by Bitcoin financial services provider Unchained found that 55% of 400 U.S. investors surveyed own Bitcoin. Findings further note that 34% of those surveyed think Bitcoin will be the best-performing asset in 2024 in comparison to gold, the S&P 500,...
Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable
23.2.2024
Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.
The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...
Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K
23.2.2024
Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000....
Australian Interest in Bitcoin Increases After Spot Bitcoin ETF Approval in the US
21.2.2024
According to a survey conducted by the Independent Reserve, an Australian-based digital currency exchange, Bitcoin sentiment in Australia experienced a 25% boost after spot Bitcoin ETFs received approval from the U.S. Securities and Exchange Commission on January 10.
The post Australian Interest...
Coinbase CEO: Every Institution Is Now Starting to Hold Crypto
21.2.2024
Coinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways...
Bold BlackRock Ad Campaign Says iShares Bitcoin ETF is “Progress”
20.2.2024
BlackRock has intensified its media advertising campaign for its recently launched iShares spot Bitcoin exchange-traded fund (ETF), framing the asset as a symbol of "progress."
The post Bold BlackRock Ad Campaign Says iShares Bitcoin ETF is “Progress” appeared first on Cryptonews
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
20.2.2024
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this year scheduled for April 10
Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study
20.2.2024
The U.S. approval of spot bitcoin exchange-traded funds (ETFs) appears to have had a significant positive impact on the view Australians hold of both cryptocurrencies and bitcoin
Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs
20.2.2024
Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This development, he warns, could lead to significant regulatory repercussions for the broader crypto...
Edward Snowden Calls Bitcoin ‘Most Significant Monetary Advance Since the Creation of Coinage’
20.2.2024
Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He views his statement as “unpopular but true.” Edward Snowden’s...
Bitcoin ETF Inflows Doubled to $2.3B Last Week, Fueling BTC’s Rise to $52,000: Fineqia
19.2.2024
Spot Bitcoin ETFs witnessed a substantial influx of approximately $2.3 billion last week, nearly doubling the previous week's inflow of $1.2 billion.
The post Bitcoin ETF Inflows Doubled to $2.3B Last Week, Fueling BTC’s Rise to $52,000: Fineqia appeared first on Cryptonews
New Wave of Bitcoin ETFs Acquire 264,232 BTC Worth $13.5B in Just 5 Weeks, Blackrock’s IBIT Leads Charge
17.2.2024
In the last 37 days, the newly introduced nine spot bitcoin exchange-traded funds (ETFs) have rapidly accumulated a remarkable total of 264,232.74 bitcoin, now valued at $13.5 billion based on the current exchange rates. Leading the pack, Blackrock’s IBIT ETF holds a substantial 43% of this...
U.S. Banks Push SEC For Key Changes In Crypto Regulation Following Spot-Bitcoin ETF Exclusion
16.2.2024
U.S. Banks are pushing for the United States Securities and Exchange Commission (SEC) to change its controversial Staff Accounting Bulletin 121 (SAB 121) after they were excluded from serving as asset custodians for spot-Bitcoin exchange-traded funds (ETFs), according to a February 14th letter from...
Coinbase Transaction Revenue Hits New High, Surpassing Q4 Expectation – Crypto Adoption Rising?
16.2.2024
In its quarterly report to shareholders, Coinbase posted a 64% jump in transaction revenue to take in $529.3 million in Q4, 2023. The increase in transactions was due to anticipation for the launch of spot Bitcoin exchange-traded funds (ETFs). Widely considered an important step in Bitcoin’s...
Ledn Co-Founder Anticipates Future ETFs to Include Bitcoin-Ether Mix
16.2.2024
The traditional structure of Spot Bitcoin ETFs may be reaching its peak. Mauricio Di Bartolomeo, co-founder and Chief Strategy Officer at Ledn, anticipates a shift beyond vanilla ETFs. He expects these to incorporate a wider range of crypto assets within single investment vehicles in the coming...
Blackrock’s Bitcoin ETF Holdings Near 110K BTC
16.2.2024
Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin ETF has a total net inflow of nearly $5 billion, leading the pack among all spot...
Crypto for Advisors: Impact of the Spot Bitcoin ETFs for Portfolios
15.2.2024
The approval of the spot bitcoin ETFs constituted a landmark event for the $1.7 trillion digital asset industry. With institutional investors on board, demand for bitcoin will grow significantly
Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy
15.2.2024
Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...
Bitcoin Price Prediction: BTC Hits $52,000; Surges with ETF Inflows & Coinbase’s Q4 Optimism
15.2.2024
Recently, Bitcoin surged past the $52,000 mark, a significant milestone that not only underscores its growing appeal but also highlights the robust inflows into U.S. spot Bitcoin exchange-traded funds (ETFs). This surge, coupled with a bullish sentiment from anticipated strong Q4 results from...
Bitcoin Surpasses $52,000, Crosses $1 Trillion Market Cap—What’s Driving The Surge?
14.2.2024
On Wednesday, Bitcoin soared past the $52,000 mark, propelling its market cap beyond the $1 trillion milestone. This leap occurred in the wake of spot Bitcoin ETF approvals and in anticipation of the expected halving event in April. The recent climb marks a major milestone, as Bitcoin’s...