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ARK Investment Management, a major cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, isn’t giving up on its efforts to launch a spot Bitcoin exchange-traded fund (ETF) in the United States.ARK Invest, on Nov. 20, filed another amended prospectus for its spot Bitcoin ETF product developed in collaboration with
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The United States Securities and Exchange Commission (SEC) could approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by Nov. 17. Beginning on Nov. 9, the SEC reportedly has a “window” to approve all 12 spot Bitcoin ETF filings, including Grayscale Investments conversion of its Grayscale Bitcoin Trust product.However,
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Bitcoin (BTC) futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65 billion on November 1. This metric considers the value of every contract in play for the remaining calendar months, where buyers (longs) and sellers (shorts) are continually matched.Bullish momentum on CME Bitcoin futures,
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The shares of Bit Digital (BTBT), TeraWulf (WULF), Hut 8 (HUT) and CleanSpark (CLSK) rose more than 10%, outpacing their peers such as Marathon Digital (MARA), Riot Platforms (RIOT) and Hive Digital (HIVE) that rose between 5% and 9%. The only mining stock that fell, though, was Bitdeer (BTDR), which
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These deadlines were expected, as the SEC has traditionally taken the full 240 days to make a final decision. However, the threat of a looming shutdown seems to have pushed its interim decision up to Tuesday. Normally, the SEC waits until a few days prior to the deadline. In 2019,
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Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists.An unimpressive weekly close sets the tone for the culmination of what is a traditionally lackluster month for BTC price action.Having shaken off a hectic week of macroeconomic events, Bitcoin has plenty more
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In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III,
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“The FCA has implemented new rules for crypto firms. As a result, all compliant crypto firms with U.K. customers are making a number of changes to their platforms in order to comply with the new regulations,” Taylor said. “For Luno, this includes pausing the ability to invest through the platform
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Still, current price levels – $25,720 at press time – provide a buying opportunity for investors with a longer time horizon, according to Lunde. “This is, by all accounts, a buyer’s market, and it’s reckless not to aggressively accumulate BTC at current levels,” he said. Source
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Algorand native token, ALGO, has experienced a dramatic plunge in the wake of the recent crash in the cryptocurrency market. On August
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