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How Bitcoin ETF approval anticipations could boost Bitcoin forks?


In the world of cryptocurrency, Bitcoin exchange-traded funds (ETFs) may offer institutional investors a key to the crypto kingdom. Bitcoin enthusiasts are waiting for a “spot” ETF, which would open the door for big financial players to invest in Bitcoin, marking mainstream acceptance...

Bitcoin Spot ETF Approval Likely to Trigger Buying Rally: EY Executive


The surge in demand for Bitcoin among institutional investors is set to hit new heights, particularly if a spot Bitcoin exchange-traded fund (ETF) is approved in the coming months, according to an Ernst & Young executive. In a CNBC’s StreetSigns special appearance, Ernst & Young executive Paul...

BTC approaches $30k amid Bitcoin ETF approval looms


Bitcoin was once trailing below the $25 mark. The token has now surged to over $29k. It was last seen trading around $29,450.28 while drafting this post. This is an increase of 3.86% in the last 24 hours, and we hope that it will bounce back to the all-time high mark after the halving process....

Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023


Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...

Mike Novogratz Signals Bitcoin ETF Approval Could Be on SEC's 2023 Agenda


Today, Galaxy Digital's CEO Mike Novogratz shared insights on SquawkBox that signal a potential change in the SEC's stance on Bitcoin ETF approval. According to Novogratz, the SEC is showing signs of potentially approving a spot Bitcoin ETF by the year-end.  Novogratz's comments came in the wake...

South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore


Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has established itself as a crypto hub. Upbit Singapore...

Bitcoin Breaks Through $28,000 As Traders Digest Fake ETF Approval


BTC/USD Chart / Source: CoinDesk Bitcoin prices rallied recently, breaking through the $28,000 as the cryptocurrency experienced some notable gains.  The world's most prominent digital currency climbed to an intraday high of nearly $28,600 around 6 p.m. EST yesterday, according to CoinDesk data. ...

Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions


In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...

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