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Hashdex Launches New Commercial for Spot Bitcoin ETF
5.1.2024
Source: AdobeStock Hashdex, an asset management firm, has released a new commercial ahead of the upcoming US Securities and Exchange Commission (SEC) decision on the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On January 5, Hashdex posted an advertisement on X (formerly...
SEC Implicitly Recognizes Ether as Commodity, Paving Way for ETF
5.1.2024
Source: DALL·E An Ethereum (ETH) spot ETF is due to reach the U.S. market after a slew of Bitcoin (BTC) based equivalents are likely greenlighted next week, according to Bloomberg ETF analyst James Seyffart. During a private webinar with CryptoQuant on Thursday, the analyst argued that...
Bitcoin ETF May Get SEC Sign-Off Today – Bitcoin Minetrix ICO Surges Past $7.5m
5.1.2024
Friday, January 5, 2023 – The Bitcoin price is hovering around the $44,000 mark in readiness for a breakout to $50,000 if and when a Bitcoin ETF is approved, possibly as early as today, while tokenized cloud-mining innovator Bitcoin Minetrix ($BTCMTX) has raised more than $7.5 million from...
Bitcoin (BTC) Slips Back Towards $43,000 as Investor Digest Strong US Jobs Report, Monitor Expected Upcoming Spot ETF Approvals
5.1.2024
Bitcoin (BTC) Price Chart / Source: TradingView Bitcoin (BTC) has fallen back to the south of the $44,000 level and is eyeing a test of $43,000 once again in wake of a stronger-than-expected US jobs report and as market participants eye the possibility of the approval of spot Bitcoin ETFs in the...
VanEck to Donate 5% of BTC ETF Profits to Bitcoin Core Developers
5.1.2024
The move is reminiscent of a similar pledge by VanEck to donate 10% of profits from its ether futures ETF to Ethereum developers in October last year
South Korean Tax Accountant: Digital Assets Held in Non-Custodial Wallets Not Subject to Overseas Reporting Requirement
5.1.2024
South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax accountant, only virtual assets held on overseas centralized...
Investors Take Caution Amid Leverage Purge and Delayed Spot Bitcoin ETF Prospects: Expert
5.1.2024
Image by plysuikvv, Adobe Stock Investors have grown more cautious ahead of the US Securities and Exchange Commission’s upcoming decision on the approval of an exchange-traded fund (ETF) linked directly to Bitcoin (BTC). According to Jacob Joseph, a research analyst at CCData, the recent...
BlackRock’s $10 Million BTC Purchase Set For Today As Bloomberg Expert Predicts Imminent SEC Approval For Bitcoin Spot ETFs
5.1.2024
Bitcoin ETF approval could be on the horizon as BlackRock plans a major BTC purchase and experts say the SEC is cornered into allowing regulated crypto funds. Image by Woraphon, Adobe Stock. Asset management firm BlackRock is set to purchase $10 million worth of Bitcoin on Friday, fueling...
Bitcoin Technical Analysis: BTC Consolidates Amid Uncertainty Tied to the ETF Decision
5.1.2024
As the decision for the spot bitcoin exchange-traded fund (ETF) looms near, bitcoin’s price fluctuations embody its mercurial nature, swaying between optimistic surges and measured hesitance. It reached a zenith of $45,922, with Friday’s intraday value oscillating from $43,920...
BitMEX Sends Bitcoin to the Actual Moon on Board of Peregrine + More News
5.1.2024
Source: BitMEX Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: BitMEX Sends Bitcoin to the Moon on Board of Peregrine-1 Core Scientific to Settle $34M Claims from 70K Non-Existent Miners...
If a Bitcoin ETF Is Approved, Here’s What May Happen
5.1.2024
This week marked the 15th year since the genesis block was mined on Bitcoin and for 10 of those years industry stalwarts pleaded with the SEC to approve a spot bitcoin ETF. So far, the SEC has rejected every spot ETF application, but that may be about to change
Financial Advisors Skeptical About 2024 Spot Bitcoin ETF Approval, Survey Finds
5.1.2024
Source: Adobe / Mangostar A new survey from digital asset management firms Bitwise and ETF data provider VettaFi has revealed a notable disparity in expectations among financial advisors regarding the approval of a spot Bitcoin ETF in 2024. While the survey indicated persistent client interest...
Litecoin struggles for investor attention despite ETF potential
5.1.2024
Litecoin saw a drop of 20% in its pricing, lowering it to a level of less than $70. However, it managed to climb by 10%. It was a while back when Grayscale felt that it would be possible for the company to change its trusts in the form of ETFs, provided the SEC gave its …
Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears
5.1.2024
Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity
5.1.2024
So far, only six potential spot bitcoin ETF issuers have revealed their charge, and Fidelity is the cheapest
SEC meets with NYSE, NASDAQ, and others for Bitcoin ETF
5.1.2024
The Bitcoin ETF discussion has picked up pace with the SEC meeting with various exchanges. The commission recently met with NASDAQ, NYSE, and CBOE exchanges to discuss the spot Bitcoin ETF. In the past two days alone, names like VanEck, Fidelity, and Grayscale have also filed for a Bitcoin ETF....
Polychain Warns Users Against Engaging with CEO’s X Account Following Hack
5.1.2024
Source: AdobeStock / Tomasz Bidermann Digital assets fund management company, Polychain Capital has urged users not to interact with the X (formerly Twitter) account of its CEO following a hack. In a Jan 4 X post, the platform acknowledged the breach on the account of its CEO Carlson Wee asking...
Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing
5.1.2024
Source: Pixabay Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10. On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders....
Bitcoin Price Prediction: Marathon Digital’s Record Mining Boosts BTC Amid ETF Hopes
5.1.2024
In the dynamic world of cryptocurrencies, Bitcoin stands at a pivotal juncture, trading at $43,631 with a notable increase of 0.96% on Friday. This upswing is partly attributed to Marathon Digital’s record-breaking achievement in December, mining an impressive 1,853 Bitcoins. Amidst...
Arthur Hayes Predicts Bitcoin Price Will Experience 20% to 30% Correction by Early March
5.1.2024
  Source: YouTube / What Bitcoin Did BitMEX Co-Founder Arthur Hayes has predicted a massive correction in Bitcoin’s price, anticipating a decline ranging from 20% to 30% by early March. Hayes outlined his viewpoint in a detailed post, warning traders amidst the ongoing crypto bull...