Bitcoin’s price experienced a wild ride this week, skyrocketing to nearly $48,000 due to a false announcement of a Bitcoin ETF approval before plummeting once again. This event highlights the high anticipation for the potential approval of spot Bitcoin ETFs in the US, a decision that is expected in the upcoming days.While some view this […]
The United States Securities and Exchange Commission (SEC) could be nearing the full approval of listing shares of a spot Bitcoin exchange-traded fund (ETF). This development comes after the Cboe BZX Exchange issued a notice approving securities listings from several asset managers.In letters filed with the SEC on January 10, Cboe confirmed that it had […]
The decision on the spot Bitcoin Exchange-Traded Fund (ETF) is anticipated today, with predictions of a significant market impact. Several crypto experts foresee billions of dollars of inflows into the market following the approval. Standard Chartered Bank predicts a capital inflow between $50 billion to $100 billion in 2024.Post-approval, it is estimated that between 437,000 […]
In a recent development, several firms have cut down their proposed fees, a move that is seen as a response to the escalating industry competition and the anticipation of the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETFs.As the SEC deadline draws near, various applicants including Valkyrie, WisdomTree, BlackRock, VanEck, Invesco, Galaxy, […]
Crypto analyst Ali Martinez has made a long-term price prediction for Cardano (ADA), suggesting a significant increase, albeit after some potential short-term decline. The price of ADA has recently been on a downward trend, falling by 4.2% in the past 24 hours and 16.7% over a larger timeframe. Despite a brief bullish period yesterday, most […]
Sam “SBF” Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has retained new legal representation ahead of his sentencing hearing for seven criminal charges. The notice was filed on January 9 in the United States District Court for the Southern District of New York by Torrey Young and Marc Mukasey of Mukasey Young LLP, who […]
The Bitcoin market recently experienced a whirlwind of activity following a false claim of the approval of 11 spot ETFs, allegedly hacked from the US Securities and Exchange Commission’s (SEC) X account. This misinformation led to a significant fluctuation in Bitcoin’s price, which initially soared from $46,800 to $48,000, only to crash to $45,000 within […]
Renowned investor and author of the bestseller “Rich Dad Poor Dad,” Robert Kiyosaki, has predicted a significant surge in Bitcoin’s value, potentially reaching an all-time high of $150,000. This forecast is primarily based on the potential approval of a spot Bitcoin ETF in the United States, which Kiyosaki believes could be a game-changer.The introduction of […]
A security breach at the United States Securities and Exchange Commission (SEC) has led to the spread of false information about the approval of spot Bitcoin ETFs, sparking a thorough investigation by US Senators J.D. Vance and Thom Tillis. The senators have sent a detailed letter to SEC Chairman Gary Gensler, demanding clarity and explanations […]
Expectations are high among U.S. asset managers that the securities regulator will permit spot bitcoin exchange-traded funds (ETFs) to trade. This comes despite a recent fake post on the agency’s social media account that caused confusion by prematurely announcing its approval. BlackRock is reportedly planning to reduce fees on its spot Bitcoin ETF from 0.30% […]
