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Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors


The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.  While S&P 500 and Nasdaq closed at their highest since April 2022...

Lawyer Says Argentina Should Bin Dollarization Plans, Adopt BTC


A prominent Argentine lawyer has told a leading presidential candidate to bin his dollarization plans in favor of a Bitcoin (BTC) adoption drive. The comments were directed at Javier Milei, a right-wing political leader who has been described as a populist by some commentators. Milei...

Sui Chung of CF Benchmarks Confident in Approval of Spot Bitcoin ETF by SEC


Sui Chung, CEO of the crypto index provider CF Benchmarks, says he is “very optimistic” about the US Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF). “We are very optimistic that approval will be granted by the SEC because the SEC has consistently...

Former SEC Chairman Highlights Conditions for Bitcoin ETF Approval


Former Securities and Exchange Commission (SEC) chairman Jay Clayton has said that a spot Bitcoin (BTC) exchange-traded fund (ETF) is likely to get approved if it can be shown that the Bitcoin spot market offers the same “efficacy” as the futures market. “If they’re [applicants] right—that...

Bitcoin's Optimism Fades as Turmoil and Interest Rates Present Challenges


Bitcoin (BTC) fell lower over the course of last week, as optimism faded among market participants in the face of potentially higher interest rates in the US. The price of the number one cryptocurrency have largely been in an uptrend since news broke that the world’s largest asset manager...

Volatility Shares Co-Founder: Spot Bitcoin ETF Will Attract New Investors


A spot Bitcoin (BTC) exchange-traded-funds (ETF) could mark a new phase of institutional investors entering the crypto market. Justin Young, co-founder and president of Volatility Shares, has said that investors seeking exposure to Bitcoin are searching for the "easiest and most regulated way"...

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