Search
BlackRock CEO Praises Bitcoin for 'Digitizing Gold', Says BTC Could 'Revolutionize Finance'
6.7.2023
BlackRock CEO Larry Fink has expessed support for Bitcoin (BTC), referring to it as an "international asset" that could revolutionize finance.
In a recent interview on Fox Business, Fink stated that his company is keen on reducing the cost and complexity associated with investing in Bitcoin....
Binance CEO: Exchange Gearing Up for Increased Crypto Trading Volumes – Here's Why
6.7.2023
Binance, the world’s largest crypto exchange, is doing “a lot of preparation” to be ready for increased trading volumes over the coming months, CEO Changpeng Zhao (CZ) has said.
Speaking in an AMA (“ask me anything”) session on Twitter Spaces on Wednesday, CZ said that if history is a guide...
Bitcoin Price Prediction: Insights from BlackRock CEO and Calls for DE Dollarization
6.7.2023
Bitcoin price is currently trading at $30,543, experiencing around 1% decrease on Thursday. Notably, Larry Fink, the esteemed leader of BlackRock, has expressed his support for Bitcoin, recognizing its potential to revolutionize the financial landscape.
Despite the recent decline, Bitcoin...
Financial Regulator: South African Crypto Exchanges Must Be Licensed by Year-End
6.7.2023
South Africa’s Financial Sector Conduct Authority (FSCA) has mandated that all crypto exchanges register and obtain operational licenses by the end of 2023.
According to the regulator, firms that fail to comply with this guideline and continue operating without a license will face the possibility...
Bitcoin Price Prediction as BTC Starts Forming Bearish Chart Pattern – Time to Sell?
5.7.2023
Bitcoin (BTC) price is currently trading at $30,450, unable to break above the psychological level of $31,000.
The formation of a bearish chart pattern suggests a potential downward trend in the near term.
In this Bitcoin price prediction, we will analyze the market conditions and explore...
Crypto Comeback Boosts ProShares' Bitcoin Futures ETF Above $1 Billion
5.7.2023
The recent resurgence in the crypto market, triggered by BlackRock's unexpected filing for a spot Bitcoin exchange-traded fund (ETF), has led to a significant increase in inflows into ProShares' Bitcoin futures-based ETF.
ProShares' fund, which trades under the ticker code BITO, experienced...
Bitcoin Ordinals Launchpad Introduces BRC-69 Standard, Promising 90% Cost Reduction
5.7.2023
Luminex, a launchpad platform for Bitcoin Ordinals, has proposed a new BRC-69 standard which promises a staggering reduction of more than 90% on inscription costs.
Ordinal inscriptions are digital assets similar to NFTs, inscribed on a Satoshi, the lowest denomination of a Bitcoin (BTC). Bitcoin...
Goldman Sachs: Bitcoin, Ether Supply on Exchanges Fell in June – Bull Market Back?
5.7.2023
Exchange balances of Bitcoin (BTC) and Ether (ETH) fell significantly in June as more crypto holders chose to take self-custody, a report by investment bank Goldman Sachs has said.
Analyzing on-chain data, the Goldman Sachs report said it is likely that many crypto investors have moved their...
Bitcoin Price Prediction: Mark Cuban and Former SEC Official Voice Opinions on Crypto Regulation
5.7.2023
Bitcoin, the leading cryptocurrency, is currently trading at $30,869, experiencing a 1.10% decrease on Wednesday.
In the midst of this price movement, notable figures such as Mark Cuban and a former SEC official have shared their perspectives on crypto regulation, offering valuable insights into...
Bitcoin Price Prediction as BTC Tests $31,000 Psychological Level – Is it a Good Time to Buy?
4.7.2023
As Bitcoin's (BTC) price tests the key psychological level of $31,000, investors are closely watching to assess whether this presents a favorable opportunity to enter the market.
Bitcoin's price has been hovering near this crucial level, with the market eagerly anticipating its next move. ...
Bernstein: The U.S. Likely to Approve a Spot Bitcoin ETF
4.7.2023
Brokerage firm Bernstein believes that there is a strong possibility that the US Securities and Exchange Commission will approve a spot Bitcoin (BTC) exchange-traded-funds (ETF).
In a research report released on Monday, Bernstein said the SEC is under increasing pressure to greenlight such...
CoinShares Report: Bitcoin Receives Major Investor Attention Amidst New Highs for 2023
4.7.2023
Bitcoin (BTC) remains the top target for institutional investors in the past two weeks as the market continues its uphill form this year.
A new report from CoinShares shows Bitcoin’s investment products have attracted $310 million in inflows over 14 days amid skepticism over the approval of...
Bitcoin and Cryptos Rally, Unfazed by BlackRock ETF Worries
4.7.2023
Bitcoin (BTC) and the broader crypto market held on to their recent gains on Tuesday, with Bitcoin appearing to hold support above the $31,000 level.
As of Tuesday at press time, BTC traded just north of $31,000, up 1.2% for the past 24 hours, while Ethereum’s native ETH token was more or less...
Bitcoin Price Prediction as BTC Blasts Past $30,000 Level in Huge Move Up – What's Going On?
4.7.2023
The cryptocurrency market has witnessed a momentous event as Bitcoin (BTC) price catapulted past the significant $30,000 level, sending shockwaves throughout the industry.
As market participants grapple with this meteoric rise, two notable developments have emerged, shedding light on the evolving...
Coinbase to Partner with Fidelity and Other Bitcoin ETFs for Surveillance – Here's the Latest
3.7.2023
Last week, a Wall Street Journal (WSJ) report unveiled the dissatisfaction of SEC insiders with the recent batch of spot bitcoin ETF applications from prominent financial institutions like Blackrock, Wisdomtree, Valkyrie, Fidelity, Ark Investment, and Invesco.
Following this revelation, four...
Bitcoin Price Prediction as BTC Spikes Up 0.8% – Time to Buy?
3.7.2023
The price of Bitcoin has experienced a notable increase of 0.8%, prompting speculation on whether it is an opportune moment to enter the market. However, it is important to consider various factors that might impact Bitcoin's performance.
Recent news reveals that asset managers plan to refile...
Bitcoin Price Prediction as BTC Shoots Past $30,000 Resistance Level – How High Can BTC Go This Week?
2.7.2023
Bitcoin's price currently stands at $30,558, experiencing a slight drop of nearly 0.50% on Sunday.
The recent rejection of Bitcoin spot-price ETF applications by the US SEC surprised bullish investors hoping to maintain Bitcoin's price above $31,000.
In other news, Cboe has resubmitted Spot...
Bitcoin Price Prediction Turns Bullish as $20 Billion Trading Volume Sends BTC Above $30,000 – Time to Buy?
1.7.2023
The price of Bitcoin has experienced a bullish turnaround, propelled by a substantial trading volume of $20 billion, which has pushed BTC above the $30,000 mark.
However, amidst the bullish surge in Bitcoin's price, the cryptocurrency faces some pressure following the recent announcement by...
Americans Want Regulated Spot Bitcoin ETFs, Says Coinbase's Chief Legal Officer
30.6.2023
The American people want access to more safe and regulated crypto-based investment products, and the market is now responding to this, Coinbase’s chief legal officer Paul Grewal has stated....
Read More: Americans Want Regulated Spot Bitcoin ETFs, Says Coinbase's Chief Legal Officer
Bitcoin Price Prediction: Where is the Next BTC Target as $25 Billion in Trading Volumes Flood In?
30.6.2023
Bitcoin saw a spike in trading volumes on Friday, which have exceeded $25 billion in the past 24 hours as per CoinGecko.
The spike in trading activity came as Bitcoin dipped back to test the $30,000 level from above $31,000 on a WSJ report that the SEC had informed spot bitcoin ETF applicants that...