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Bitcoin ETF Speculation Sustains Bitcoin Price – How Long Will it Last?
27.10.2023
The Bitcoin price has seen substantial volatility in recent weeks, largely driven by speculation around the potential approval of a Bitcoin exchange-traded fund (ETF) by the SEC. While Bitcoin bulls have cheered each new rumor of progress on the ETF front, whether the asset can sustain significant...
Bitcoin fraud: Is the SEC doing enough to protect investors?
27.10.2023
The crypto community is not in splits when it says that the US Securities and Exchange Commission should do more to protect the industry amid the rise in crypto frauds. Gary Gensler, the Chairman of the SEC (Securities and Exchange Commission), however, has cited that crypto ventures don’t want...
Bitcoin Price Prediction: BTC Steady Near $34,000 Amid ETF Buzz, UK Law & FTX’s Crypto Shift
27.10.2023
Bitcoin , the pioneering cryptocurrency, faced a slight setback as it dipped to 34,146, marking a nearly 1.75% decline this Friday. This downturn comes amidst a flurry of activity in the crypto sphere. The US Securities and Exchange Commission (SEC) has been flooded with eight to ten potential...
Bitcoin Price Prediction as BTC Builds New Support at $34,500 – When is The Next Leg Up?
26.10.2023
Bitcoin , the pioneering cryptocurrency, remains strong on Thursday morning, comfortably hovering around the $34,000 mark. The total market cap of all digital currencies has climbed to an impressive $1.27 trillion, reflecting a 1.33% increase over the last 24 hours. Over the past week, Bitcoin...
JPMorgan Warns of Potential Lawsuits if SEC Rejects Spot Bitcoin ETF Applications
26.10.2023
The possibility of SEC approval for a spot bitcoin exchange-traded fund (ETF) has generated growing optimism in recent weeks, with some analysts predicting approvals could come within months. Potential legal battles loom if the SEC ultimately rejects any spot Bitcoin ETF applications, however....
Matrixport Says Bitcoin Bull Market Already Started, Targets $125,000 by December 2024
26.10.2023
Bitcoin ( BTC) ‘s latest bull market officially started on June 22, 2023, when the leading cryptocurrency reached a new one-year high. In a recent report, crypto financial services platform Matrixport said Bitcoin’s fifth bull run has already started and could see the flagship...
Bitcoin’s momentum is crucial for industry, say experts
26.10.2023
BTC is way above the mark of $30k, and experts are weighing in with their opinions about how Bitocin can end up benefiting the entire crypto community. Highlights are that if Bitcoin performs well on the board, it brings a more optimistic picture for memecoins like SHIB. Needless to say, the effect...
Bitcoin Dominance Reaches 54% as Leading Cryptocurrency Sustains Rally Amid Spot ETF Optimism
26.10.2023
Bitcoin (BTC) ‘s market dominance has reached 54%, its highest level in more than two and a half years. According to data from TradingView, Bitcoin’s dominance currently stands at 53.76%, down by almost 1% over the past day. The chart shows that Bitcoin dominance reached as high...
Bitcoin Price Prediction: BTC’s 25% Rise, Halving, ETF, FCA Stance & USD Data
26.10.2023
In the intricate world of cryptocurrencies, Bitcoin price continues to maintain its dominance, both in market cap and in the headlines. Currently priced at $34,745, it reflects a promising 2.06% surge on Thursday alone. As the market buzzes with anticipation for the impending Bitcoin halving,...
Bitcoin Price Prediction as New Rally Leads to $200 Million in Short Liquidations – Will BTC Keep Rising?
26.10.2023
Bitcoin , often dubbed the ‘digital gold,’ is currently on a rollercoaster ride. Having recently climbed beyond the $34,000 threshold, BTC’s ascendancy led to the liquidation of over $220 million in short positions in a mere 24-hour span, a testament to its volatile nature. This...
How Bitcoin ETF approval anticipations could boost Bitcoin forks?
25.10.2023
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...
BlackRock’s iShares Bitcoin Trust ETF now listed on the DTCC
25.10.2023
BlackRock’s iShares Bitcoin Trust ETF is now added to the DTCC’s eligibility file. A DTCC spokesperson recently confirmed the news with an official statement. The statement read that it is routine practice for the DTCC to add securities to its NSCC security eligibility file. This is done before...
Galaxy Digital Projects Bitcoin Price to Reach Near $60,000 Year After Spot ETF Approval
25.10.2023
Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset.
In an Oct 24 market analysis, Galaxy’s research associate Charles Yu explained the possible effects of a spot BTC ETF...
Decrypting Bitcoin’s trajectory: A comprehensive price analysis
25.10.2023
Bitcoin’s current standing in the cryptocurrency world is undeniably noteworthy. Having surged past the challenging $32K resistance, it is on a trajectory towards its all-time high. Bitcoin serves as the flagship digital currency, setting trends and benchmarks for the entire crypto landscape....
Bitcoin Price Prediction: BTC's Bullish Dance Aiming for $36,500 Amid Overbought Alerts
25.10.2023
In the midst of overbought signals, Bitcoin price shows no signs of slowing down as it remains on a bullish trajectory, with technical indicators predicting a target of $36,500.
Join us as we delve into the factors driving this surge and explore the potential implications for investors. ...
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BitMEX Co-Founder Arthur Hayes Says Bitcoin is Rallying on "Fears of Global Wartime Inflation"
25.10.2023
Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, believes the recent rally in the crypto market is not solely driven by anticipation of a spot Bitcoin (BTC) ETF.
In a Tuesday essay titled "The Periphery," Hayes attributed the surge in the crypto market to the costs associated with...
El Salvador Town Tires of Waiting for Bukele, Will Build ‘Real Bitcoin City’
25.10.2023
An El Salvador town has grown tired of waiting for President Nayib Bukele to build Bitcoin City – and will instead build its own “Bitcoin City” project “a few kilometers away.”
Residents of Berlin, a town in the Usulután Department, say they want to build the “real Bitcoin City,” instead...
What Key Technical Levels Should Bitcoin Traders Watch After Crypto Price's Recent Plunge?
25.10.2023
Source: Pexels
Bitcoin price volatility declined recently, as the digital currency has been trading within a relatively modest range over the last few days. (Bitcoin Helder.
The digital currency, which was trading close to $34,000 at the time of this writing, has not moved around much yesterday...
What Developments Should Traders Watch As Bitcoin Trades Range-Bound?
25.10.2023
Source: Pexels
Bitcoin price managed to avoid sharp volatility today, trading within a relatively narrow range.
The world's largest digital currency by market value fluctuated between roughly $33,800 and $34,400 today, according to BTC/USDT Coinbase data provided by TradingView.
This took...
Bitcoin-Focused Businesses Record Significant Gains as BTC Price Surges
24.10.2023
Bitcoin has seen an astonishing surge of more than 10% this week, reaching an all-time high price of $35,900. This surge has had a domino effect on stocks linked to the crypto asset, propelling them to impressive multi-week highs.
One of the standout performers is MicroStrategy, the largest...