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The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021.According to a Tuesday filing from the SEC, the regulatory body will push the deadline for approving or disapproving the ARK 21Shares Bitcoin ETF from Feb. 2
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As the downtrend in the crypto market continues, so does extreme fear. What’s inspiring the sell-off? Is it Omicron? Or is it Evergrande? Is it a conspiracy? Or is it the holidays? All those questions and more have had the Fear and Greed Index pointing left for a month straight.
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Katie Stockton, the founder and managing partner of Fairlead Strategies, expects a breakout as intermediate and long-term trends are positive. “The rising 50-day (~10-week) MA, near $2,707 currently, has now become initial support for ether, but we think short-term overbought conditions may be absorbed without a pullback of that magnitude,”
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Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri.While the company set up the data center used to mine the coins back
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Open source blockchain analytics firm Moonstream published a report which found that around 17% of addresses control more than 80% of all NFTs on Ethereum. The report was published on Oct. 21 and the analysis was conducted on more than 7 million NFT transactions on the Ethereum blockchain between April
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Bitcoin has surpassed the $60,000 mark briefly for the first time since April 2021. The price has been boosted by reports suggesting a Bitcoin futures ETF is likely to begin trading in the United States as early as next week. Data from Cointelegraph Markets Pro indicate that Bitcoin prices have been
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As the bull rally continues, some Bitcoin technical indicators may suggest the biggest BTC buy signal since April 2020 is here. Bitcoin Closes Above 21 Week MA And 200 Day MA As pointed out by a CryptoQuant post, the cryptocurrency has made a weekly close above the 21-week and 200-day moving averages
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Bitcoin has continued to show tremendous gains lately in the market. The weekend saw the price of the digital asset shooting up above $42,000 for the first time in over a month, seeing continuous green daily closes for nine days straight for the first time in ten years. Following this has
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A storm monthly of April is now in the past, and although the forecast was looking glooming for Bitcoin for a while there, bulls are breaking through the clouds and it could blossom another bullish impulse higher. Here’s a closer look at the technical Indicator that suggests the top crypto is
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