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Grayscale Updates Bitcoin ETF Prospectus After Discussing with SEC
23.11.2023
Grayscale continues efforts to secure regulatory approval for a Bitcoin ETF. Image by Ascannio, Adobe Stock. On Wednesday, digital asset manager Grayscale submitted an updated prospectus to the Securities and Exchange Commission (SEC) for converting its Grayscale Bitcoin Trust into a spot bitcoin...
Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities
23.11.2023
Image Source: Pixabay Satellite images have uncovered Bhutan’s undisclosed state-owned Bitcoin (BTC) mining operations. The landlocked Himalayan nation, known for its seclusion and breathtaking landscapes, has transformed itself into a crypto haven under the rule of King Jigme Khesar Namgyel...
Beyond Bitcoin and Ethereum: Why this next-gen blockchain could rule the roost
23.11.2023
Blockchain innovation is the heartbeat of progress, and Bitcoin Spark challenges the reign of established giants like Bitcoin and Ethereum. As the crypto arena evolves, attention is increasingly turning towards the next-generation blockchains with promises to redefine the norms of decentralized...
Bitcoin Hash Rate Taps All-Time High Ahead of Next Year’s Halving
23.11.2023
Source: Pexels Bitcoin’s (BTC) hash rate is at an all-time high few months away from the next halving with bulls anticipating another run to wipe the losses of the bear market. According to data from blockchain.com, the Bitcoin hash rate hit 491 exahashes per second (TH/s) on Nov...
Is the world’s response to Crypto defining the future of mass adoption?
23.11.2023
With their leader, Bitcoin, at the forefront, Cryptocurrencies have emerged as a feasible alternative to the established and outdated centralized financial system. The global impact of this phenomenon is evident in the diverse reactions from various countries and regions. While certain nations...
Bitcoin Price Prediction: Soaring Past $37K Amid ETF Buzz & Regulatory Debates
23.11.2023
In a market buzzing with anticipation and regulatory crosswinds, Bitcoin has once again captured the spotlight, soaring past the $37,000 mark. This latest surge, marked by a nearly 2.75% to $37,353 on Thursday, comes amidst a backdrop of thin holiday trading and a strengthening dollar....
Bitcoin Price Prediction as New CoinShares Report Says BTC Could Hit $140,000 If This One Thing Happens – Here’s What You Need to Know
22.11.2023
Despite the buzz around cryptocurrencies’ potential, Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a setback, slipping below the $37,000 threshold early Wednesday. This downturn coincides with significant industry news: Binance CEO Changpeng Zhao announced...
Analyst: BlackRock is Holding Meetings With the SEC About its Bitcoin ETF – Here’s What We Know
22.11.2023
BlackRock Office Blackrock held a meeting with the U.S. Securities and Exchange Commission (SEC) on Monday to discuss the structure of its upcoming Bitcoin ETF, according to a memo from the regulator. The meeting’s attendees included 8 members from the SEC’s Division of Trading and Markets,...
SEC Meets with Grayscale to Discuss Spot Bitcoin ETF Listing
22.11.2023
Source: Grayscale The U.S. Securities and Exchange Commission (SEC) has recently held discussions with Grayscale about converting the Grayscale Bitcoin Trust (GBTC) into its spot Bitcoin exchange-traded fund (ETF). A memorandum published by the SEC indicates that officials from the agency’s...
Bitcoin Price Prediction: BTC Slips 3% Amid Binance CEO’s Exit & Hyperinflation Fears
22.11.2023
In the rapidly evolving world of cryptocurrency, Bitcoin’s market dynamics have taken a notable turn. On Wednesday, Bitcoin’s trading value experienced a 3% decline, dropping to $36,190. This downward shift in Bitcoin’s trajectory coincides with significant developments in...
Bitcoin Price Prediction as RFK Jr. Supports Self-Custody Rights – Is Regulatory Pressure Easing?
21.11.2023
Bitcoin, the flagship cryptocurrency, has been demonstrating robust performance, maintaining a strong position above the $37,000 threshold. This bullish trend contributes significantly to the global cryptocurrency market cap, which has recently seen a 0.52% increase, soaring to $1.42 trillion....
Bitcoin Price Prediction: BTC Surge Over $37,000 Amid Record Transactions
21.11.2023
In a remarkable turn of events, Bitcoin’s price surged to $37,444, marking nearly 1% increase on Tuesday, signaling robust investor confidence and market dynamics. This notable ascent coincides with significant developments in the cryptocurrency sphere, including Tether’s unprecedented...
CZ and Crypto Denizens Start BTC Halving Countdown – Will Bitcoin Hit New ATH?
20.11.2023
Source: Pexels The forthcoming Bitcoin halving event is already generating excitement in the crypto community. Joining the fanfare, Changpeng Zhao, CEO and founder of the world’s largest Bitcoin exchange, Binance, tweeted the countdown for the approaching halving event. #Bitcoin halving soon....
$100 Billion in TradFi Capital Awaits Imminent Bitcoin ETF Green Light, Says Bloomberg Analysts
20.11.2023
Bloomberg analysts forecast $100 billion ready to invest in a Bitcoin ETF upon SEC approval. Image by Parradee, Adobe Stock. A spot Bitcoin exchange-traded fund (ETF) could rapidly become a $100 billion market, according to new projections by analysts at Bloomberg Intelligence. This prediction...
Bitcoin Bulls Brace For Breakout Towards $40,000 as This Bullish Technical Pattern Forms – Where Next for the BTC Price?
20.11.2023
Source: Pexels Bitcoin bulls are bracing for another leg higher in the market and a potential challenge of the psychologically important $40,000 level in light of the recent formation of a bullish short-term technical pattern called an ascending triangle. The BTC price was last in the $37,600s...
Bitcoin Price Prediction as BTC Holds Strong Amidst Marketwide Selloff – When Will the Next Leg Up Begin?
20.11.2023
Bitcoin, the cryptocurrency market’s standard-bearer, has demonstrated remarkable tenacity, maintaining a position firmly above the critical $37,000 mark despite a general market downturn. The electoral victory of Javier Milei, a staunch Bitcoin proponent in Argentina, has energized investor...
Major Cryptocurrencies Bitcoin and Ethereum Now Available for Swiss Santander Accounts
20.11.2023
Source: Adobe / Casa.da.Photo Santander Private Banking International is now allowing its high-net-worth clients with bank accounts in Switzerland to trade and hold Bitcoin (BTC) and Ether (ETH). A part of the Spanish banking giant Banco Santander, Santander Private Banking International plans...
Rich Dad Poor Dad Author Robert Kiyosaki Says Bitcoin is the “Best Protection” Against Hyperinflation – Here’s Why
20.11.2023
Source: a video screenshot, Youtube/The Rich Dad Channel Renowned author and financial educator Robert Kiyosaki believes Bitcoin (BTC) is the “best protection” against hyperinflation because it is people’s money. The investor, best known for his book ‘Rich Dad Poor...
Javier Milei, Argentina’s Bitcoin-Friendly President, wins
20.11.2023
It has been verified that Javier Milei, a candidate with an affinity for Bitcoin, emerged victorious in the Argentine presidential elections. A margin of 2,786,457 votes separated him from his closest competitor, Sergio Massa. On December 10, 2023, it is anticipated that he will assume...
Bitcoin and Ethereum rise in value as active supply dips
20.11.2023
The active supply of Bitcoin and Ethereum, the two dominant cryptocurrencies on the list, is at its lowest when it comes to active supply. The comparison is sharp compared to the numbers they demonstrated during their peak times. Interestingly, the development has come ahead of the halving process...