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Stacks' STX Soars 27% on Positive Comments From Tim Draper
20.12.2023
Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper
BlackRock Spot Bitcoin ETF Gains Momentum With Second SEC Meeting in December
20.12.2023
BlackRock and Nasdaq representatives met with the SEC for the second time in December on BlackRock’s proposal for a spot Bitcoin ETF. Image by 24K-Production, Adobe Stock. BlackRock, the world’s largest asset manager, is continuing to push forward with plans to launch a spot Bitcoin...
Bitcoin Technical Analysis: Bullish Trends Push Against Upper Resistance Limits
20.12.2023
Bitcoin’s price of $43,094, fluctuating between $42,235 and $43,176 within 24 hours, reflects a market in subtle motion. With a substantial 24-hour volume of $20.10 billion and a market capitalization of $837 billion, bitcoin maintains its strong presence in the cryptocurrency sphere....
First Mover Americas: BlackRock, SEC Discuss ETF Listing Rules
20.12.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Galaxy Digital CEO outlines his expectations for the Bitcoin ETF
20.12.2023
Bitcoiners, or members of the Bitcoin community, have been looking to get a legitimate stand for their tokens for a long time. Expectations have circled to January 2024, a month when the SEC could potentially approve all the applications for Spot Bitcoin ETF. That will give a formal investment...
Marathon Digital Holdings acquires two Bitcoin mines for $179M
20.12.2023
Marathon Digital Holdings recently signed a definitive purchase agreement with Generate Capital’s subsidiaries. The agreement will allow Marathon Digital Holdings to acquire two operating Bitcoin mining sites. Based on the terms, Marathon will pay 178.6 million dollars for sites totaling...
Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
20.12.2023
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024
Bitcoin Price Prediction: BTC Dips to $42,475 Amid Big ETF Moves and Pre-Halving Mining Surge
20.12.2023
In a market where change is the only constant, Bitcoin (BTC) has witnessed a notable dip, currently trading at $42,471, down by nearly 1.50% on Wednesday. This movement comes amid significant developments in the crypto space, including the largest Wall Street evolution for Bitcoin ETFs in three...
Galaxy Digital CEO Novogratz Anticipates Bitcoin ETF Approval by Jan 10
20.12.2023
Source: DALL·E Galaxy Digital CEO Michael Novogratz predicts a significant milestone in the cryptocurrency market with the first approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In a recent interview with CNBC, Novogratz elaborated on...
Messari CEO Expects Bitcoin to Remain the Unstoppable “Godzilla of Finance” in 2024
20.12.2023
Source: Adobe Stock Messari CEO Ryan Selkis has likened Bitcoin (BTC) to the unstoppable “Godzilla of finance,” emphasizing its enduring position as the leader in the crypto market. In his annual report outlining the key trends within the crypto industry, the crypto boss said...
BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF
20.12.2023
This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
20.12.2023
On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...
Bitcoin Price Prediction as BTC Rises 5.30% to $43,000 – Can It Sustain This Growth?
20.12.2023
In the dynamic world of digital currencies, Bitcoin (BTC) has once again made headlines with a remarkable surge, surpassing the $43,000 threshold. This leap contributes to a significant uptick in the global crypto market cap, which now stands at an impressive $1.61 trillion, marking a 3.82%...
Spot Bitcoin ETFs Poised to Tap $30 Trillion Market, Says Grayscale CEO
20.12.2023
Grayscale Investments expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to allow the $30 trillion advised wealth market to gain exposure to bitcoin. “I do think there is a lot of optimism in the market,” said...
Bitcoin Reaches New All-Time High In Options Open Interest
20.12.2023
Demand for Bitcoin options is soaring, with average daily open interest on the Chicago Mercantile Exchange (CME) touching an all-time high of $1.9 billion as of December. According to CoinGlass, the last high for CME open interest was in April at $1.68 billion, when the U.S. banking crisis a month...
Best Crypto to Buy Now December 19 – Sei, Injective, VeChain
19.12.2023
Sei, Injective, and VeChain price momentum make them potential choices for the best cryptos to buy now, while new presales Sponge V2 and Bitcoin Minetrix gain their own momentum. Image by cryptonews.com. The SEI price has risen more than 50% over the past two days to reach a new all-time high. With...
Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity
19.12.2023
As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and institutional practices. Coinbase’s 80-Page 2024...
Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor
19.12.2023
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he told Bloomberg
SEC’s Preference Prevails: Blackrock Adopts Cash Model for Spot Bitcoin ETF
19.12.2023
Blackrock, the world’s largest asset manager, has acquiesced to the U.S. Securities and Exchange Commission (SEC)’s preference for the cash creation model rather than the in-kind model for its spot bitcoin exchange-traded fund (ETF). “Blackrock has gone cash only. That’s basically...
Bitcoin Miner Marathon Digital to Buy New Mining Sites for $179M
19.12.2023
Marathon said the acquisitions will reduce the cost per coin mined by around 30%