Key takeaways Institutions secure huge ROI following Bitcoin’s bullish October run. MicroStrategy has gained over $2 billion in October alone on its Bitcoin holdings. With the surge in the price of Bitcoin in October, many institutions that invested in the top cryptocurrency have recorded massive gains on their holdings. Worthy […]
Barely a week after the US SEC granted permission for the first-ever Bitcoin-Futures ETF to hit the floor of the New York Stock Exchange (NYSE), it has shut back the door on all things ETF till further notice. Bloomberg’s top ETF analyst, Eric Balchunas, was first to break the news […]
According to data from bespoke crypto data analytics firm Arcane Research, the market sentiment for a Bitcoin spot exchange-traded fund (ETF) is no longer bullish as market participants are no longer expecting a spot-based Bitcoin ETF anytime soon. The research firm points to the fact that Grayscale’s Bitcoin Trust is […]
According to data from Bybt, in the past 4 hours, traders have liquidated over $600 million. The most significant single liquidation order happened on Bitfinex, for ETH valued at %68.64M. It seems like a fresh flash dump is stirring up in the crypto market. Bitcoin Price Remains at Risk The […]
Key takeaways Tesla hints at resuming Bitcoin payments acceptance. Elon Musk’s rekindled cryptocurrency interest may be due to the growing Bitcoin acceptance. The world is coming to terms with the huge potential of Bitcoin and cryptocurrencies. Elon Musk’s electric vehicle company Tesla is teasing a return to the Bitcoin market […]
The first Bitcoin ETF has officially started trading in what is generally regarded as a victory for the community. Looking at the patterns of Bitcoin ETFs from other countries, certain hypotheses into the future can be made. Investors have a huge appetite for Bitcoin spot ETFs and will generally gravitate […]
Key Takeaways President Nayib Bukele is unfazed by Bitcoin’s price dip to $60k. Bukele teases need for lower lows in a bid to tap into perfect entry point. El Salvador shows no sign of disposing its Bitcoin holdings in the long term. The president of El Salvador is showing himself […]
Gareth Soloway is predicting the imminent collapse of the Dollar and all other global currencies in the future as Bitcoin continues to receive overwhelming support from citizens all over the world. Speaking during the Future Blockchain Summit held in Dubai, in what he termed as a “chain reaction” of what […]
El Salvador is courting the IMF for a loan worth $1.3 billion. The country is reportedly planning to use its Bitcoin adoption to sweeten the deal. Several factors may impede El Salvador’s chances at convincing the IMF for loan approval. El Salvador’s central bank president is brimming with confidence that […]
Leading asset manager VanEck could launch its bitcoin futures exchange-traded fund (ETF). The platform first applied for BTC futures-linked ETF in August, and now they have approval. The firm made the application following SEC chairman Gary Gensler’s statements that week. The Future of BTC ETFs in The U.S. Recently, Gensler […]
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