Cryptocurrency Analysis and News Portal
The mere possibility of spot Bitcoin ETF approvals has injected fresh optimism into the crypto market. Bloomberg ETF analysts James Seyffart and Eric Balchunas have outlined a unique opportunity for 12 spot Bitcoin ETF filings to gain regulatory approval from the US Securities and Exchange Commission (SEC) within an eight-day window,
Read More
Bitcoin has more than doubled this year, in line with its record of beginning new bull trends in 12 or more months leading up to the reward halving. The fourth halving is due in March/April 2024. The latest cycle, however, looks different than previous ones, thanks to bitcoin’s strengthening safe-haven
Read More
With the United States Securities and Exchange Commission’s first window opening up for the approval of a spot Bitcoin ETF, analysts have noted that even if the SEC approves a spot Bitcoin (BTC) exchange-traded fund (ETF), it will be a month before the actual launch.The expected delay in launch following
Read More
Bitcoin has risen above $36,000 and is currently targeting $37,000 as Bloomberg analysts Eric Balchunas and James Seyffart have revived hopes that
Read More
Bitcoin reached the $36,780 mark as analysts say the SEC has entered a window to approve all the current applications for spot Bitcoin ETFs. Although the crypto market expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot Bitcoin exchange-traded funds (ETFs) by Jan. 10, 2024, there’s still a
Read More
While the crypto community eagerly awaits the SEC’s decision regarding Grayscale’s ETF application and others, SEC Chair Gary Gensler remains cautious in sharing specific details about the commission’s next steps. The US Securities and Exchange Commission (SEC) is reportedly in discussions with Grayscale Investments regarding the conversion of the Grayscale Bitcoin
Read More
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices. Source
Read More
Bitcoin (BTC) neared $37,000 on Nov. 9 as a fresh BTC price surge appeared to take traders by surprise.BTC/USD 1-hour chart. Source: TradingViewU.S. "carrying" Bitcoin upsideData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $36,000 after the daily close.The pair went on to reach $36,864 on Bitstamp, making its
Read More
"There are still things that have to be worked through," Salm said in an interview, also noting that others among the applicants for bitcoin ETFs – a group that includes financial giants BlackRock and Fidelity – seem to be making progress in SEC talks with their own registrations. "Overall, it's
Read More
While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs. WisdomTree, one of the major players in the financial industry, is considering the addition of Bitcoin (BTC) as part of its commodity exchange-traded fund (ETF), providing its customers with exposure
Read More