Search
Trillion-Dollar Asset Manager Franklin Templeton: There’s Obviously Demand for Bitcoin
5.12.2023
The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s going to unlock nontraditional, noncorrelated...
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
5.12.2023
The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit (ASIC) miners, securing 66,560 units...
Bitcoin Price Prediction as BTC Breaches $40,000 Level For the First Time in 18 Months
4.12.2023
Bitcoin, the trailblazer of the cryptocurrency world, has soared beyond expectations, breaking through the $41,000 threshold, a feat not seen in the last 18 months. This bullish trend is driven largely by market optimism surrounding the U.S. Federal Reserve‘s anticipated interest rate cuts...
As BabyGROK Skyrockets 1,000%, This Unnoticed Crypto Jewel Has Landed $2.7 Million – Next 1000x Crypto?
4.12.2023
DEX markets are taking aim at a new GROK token spin-off, BabyGROK token, which after a +1,000% pump could replicate the $20M success of PEPE sister-token BabyPEPE. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant...
Grayscale’s Bitcoin Fund Operations Get Set for ETF Launch; Toncoin and InQubeta Gear Up for Significant Gains
4.12.2023
Grayscale, which manages the Grayscale Bitcoin Trust (GBTC), was in the news after it updated its trust agreement for the first time since 2018. According to reports, the move is to optimize the GBTC fund and reportedly upgrade it as a spot Bitcoin exchange-traded fund (ETF). Apart from...
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
3.12.2023
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States...
Financial Advisors Are Waiting for Spot Bitcoin ETFs to Offer Clients, Says Ric Edelman
3.12.2023
Edelman Financial Services founder Ric Edelman has explained that financial advisors are waiting for the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) so that they can offer these investment products to their clients. “Every compliance...
Skybridge Capital Founder Scaramucci Predicts Massive Capital Inflow From Wall Street Into Spot Bitcoin ETFs
3.12.2023
Skybridge Capital founder Anthony Scaramucci has predicted a substantial influx of capital from Wall Street into spot bitcoin exchange-traded funds (ETFs) once they are approved by the U.S. Securities and Exchange Commission (SEC). He highlighted the unleashing of salesforces from major...
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround
2.12.2023
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity Committee of the project undertook efforts to rectify this...
Novogratz Expects Bitcoin Price to Be ‘Significantly Higher’ After SEC Approves Spot Bitcoin ETFs
2.12.2023
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “We will see a pretty successful shift of psychology … when the government says ‘you...
Bitcoin Miners Hut 8 and USBTC Complete Merger, Forming New Hut 8 Corp for Upcoming Halving
1.12.2023
The merger of Hut 8 Mining and USBTC ahead of the 2024 Bitcoin halving event has created the new Hut 8 Corp, the largest publicly traded Bitcoin mining company. Image by 24K-Production, Adobe Stock. On November 30 major players in the Bitcoin mining industry, Hut 8 Mining Corp. and US Bitcoin Corp...
xALGO Coin is Up 1,000% in 24 Hours and This Other Crypto Might be Next to Explode – Here’s Why
1.12.2023
In the latest sudden DEX pump, a spin-off Wrapped ALGO (XALGO) coin has climbed +1,000% in just 24-hours, but with price now reeling, this other crypto might be the next to explode. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots...
SEC Holds Meetings with Grayscale, BlackRock on Bitcoin ETFs
1.12.2023
Source: SEC The U.S. Securities and Exchange Commission (SEC) has recently held meetings with Grayscale and BlackRock to discuss their filed applications regarding spot Bitcoin exchange-traded funds (ETFs). SEC Meets with Grayscale to Discuss its Bitcoin ETF Filing A memorandum published by the...
Analysts Set New Potential Window for Spot Bitcoin ETF Approval
1.12.2023
Source: Adobe Stock Analysts are now eyeing a potential window for the approval of Spot Bitcoin exchange-traded funds (ETFs), setting the time frame between January 5 and 10, 2024. Previous deadline of November 17 by analysts passed without any discernible action from the Securities and Exchange...
Blackrock Proposes ‘Revised In-Kind Model’ for Spot Bitcoin ETF to Resolve SEC’s Concerns
1.12.2023
Blackrock, the world’s largest asset manager, has held another meeting with the U.S. Securities and Exchange Commission (SEC) to discuss its spot bitcoin exchange-traded fund (ETF) application. The firm has proposed a “revised in-kind” model for its spot bitcoin ETF that...
SEC Calls for Comments on Fidelity’s Spot Ether ETF Application
30.11.2023
The U.S. Securities and Exchange Commission (SEC) is soliciting comments from the public regarding Fidelity’s potential spot Ether exchange-traded fund (ETF). Fidelity’s argument According to a notice filed Thursday, Cboe BZK Exchange is looking to list and trade shares of Fidelity’s Ethereum...
Solana Price Prediction as SOL Becomes 5th Most-Traded Crypto in the World – Adoption Rising?
30.11.2023
Source: Bing Image Creator The Solana price has gained by 1.5% in the past hour, with the altcoin moving by 0% in the last 24 hours. At $60.70, SOL has now risen by 5% in the past week and by 65% in the last 30 days, with its recent rise making it the fifth most-traded […]
The post Solana...
As XCEPT Token Spikes Up 8,700% on Uniswap, This Other Crypto Has Bagged $2 Million
30.11.2023
As DEX traded tokens continue to mount massive pumps, and XCEPT token ($XCEPT), has become the latest to erupt with a jaw-dropping +8,700% pump on Uniswap. Recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including...
Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms
30.11.2023
Source: Adobe / Ascannio Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) exchange-traded fund (ETF). The move aims to align GBTC’s structure with other...
Rich Dad Poor Dad Author Robert Kiyosaki Recommends Buying Bitcoin ETFs
30.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has recommended buying bitcoin exchange-traded funds (ETFs). Warning that the global economy is slowing to a possible depression and the U.S. Treasury and Federal Reserve will print trillions in “fake dollars,” he urged investors: “Don’t...