A JPMorgan strategist believes that SEC approval for a spot Bitcoin ETF won’t be a game changer.  The banking giant has argued that similar products have existed in Canada and Europe.  The strategist pointed out that Bitcoin funds have attracted little interest from investors over the past two years.  JPMorgan’s […]

Bitcoin is changing hands for over $30,000 per coin as institutional capital floods into the market following a number of high-profile exchange-traded fund filings. But when will the bellwether cryptocurrency enter a new super-bullish cycle? Binance CEO Changpeng “CZ” Zhao recently shared his prediction for the next parabolic Bitcoin bull […]

Crypto markets are trading half a percent above the flatline early on Thursday as hopes of a spot Bitcoin ETF approval by the SEC eclipsed Fed fears triggered by the hawkish tone in the recently released FOMC minutes. Recent positive comments on Bitcoin by BlackRock’s CEO Larry Fink added to […]

Bitcoin kicked off the week with a stable trading range on Monday, maintaining its position within a key resistance area of $30,870 and finding support at $29,700. This comes after the cryptocurrency reached a yearly high of $31,384 approximately two weeks ago. Since June 23, Bitcoin has been trading sideways, […]

The price of cryptocurrencies has significantly increased in recent weeks, with Bitcoin reaching a one-year high of $31,344, according to data from CoinMarketCap. The leading digital currency recently rose to a level last seen in June 2022, and many investors and enthusiasts believe this could herald the beginning of the […]

In a recently conducted analysis, popular cryptocurrency analyst Willy Woo has revealed he believes that the flagship cryptocurrency Bitcoin ($BTC) could see its price rise by a factor of ten under a singular condition, meaning one BTC would trade above $300,000. Woo, who shares his analysis with a following of […]

Market sentiment remains torn between the strong economic indicators from the U.S. that heightened the case for rate hikes by the Fed and easing inflation in the Euro Area that renewed hopes of a pause by the ECB. Focus has now shifted to the release of the PCE inflation readings […]

In a recent development reported by CoinDesk, Fidelity, a leading player in asset management, is making another attempt to launch a spot Bitcoin ETF, the Wise Origin Bitcoin Trust. This move is hot on the heels of a similar filing by BlackRock’s iShares unit, indicating a significant shift in the […]

The landscape of cryptocurrency trading is experiencing a seismic shift, with U.S. investors taking the wheel in driving Bitcoin’s price surge, as per a CoinDesk report by Krisztian Sandor. The data from K33 Research reveals that the U.S. market hours have become a hotbed for Bitcoin trading, contributing to 50% […]

Cryptocurrencies increased more than 1 percent in the past 24 hours amidst data that revealed the strength of the U.S. economy. The data helped overcome hawkish hints from central banks a day earlier that warned of further rate hikes. Data released by the U.S. Bureau of Economic Analysis showed the […]