BlackRock CEO doubts Bitcoin will ever become a currency – Cointelegraph
BlackRock CEO Larry Fink questions the practicality of using Bitcoin (BTC) for everyday transactions, saying that Bitcoin is not publicly recognized purely as an asset class. I have repeatedly stated that it should be done. In an interview with CNBC on January 11, Fink expressed his belief in Bitcoin, viewing it as an alternative store […]
As Crypto X cheers Bitcoin ETFs, guess who hasn't posted in over 24 hours – Cointelegraph
As crypto advocates celebrate the historic approval of a physical Bitcoin (BTC) exchange-traded fund (ETF) on January 10, X (formerly Twitter) remains silent on its platform. There is one user. Over the past day, tens of thousands of crypto users on X flooded the platform to celebrate the approval of the Spot Bitcoin ETF. The […]
Bitcoin ETF's false start: Hack or fat-fingered SEC intern? – Cointelegraph
The U.S. Securities and Exchange Commission has denied that any of its employees were involved in posting a recent “unauthorized” tweet claiming that the Spot Bitcoin (BTC) exchange-traded fund (ETF) was approved, but the crypto community The Department still believes this is not the case. On January 9, the SEC's official X (formerly Twitter) account […]
Spot Bitcoin ETFs: A week of high stakes and expectations – Cointelegraph
As a Bitcoin (BTC) Exchange Traded Fund (ETF) decision approaches, aspiring crypto businesses, investors, and regulators are taking decisive steps to best prepare for the unknown. Total weekly outflows from various Bitcoin short selling products exceeded $1 million, sending the Crypto Fear & Greed Index into the “Extreme Greed” zone. Furthermore, Standard Chartered predicts that […]
Bitcoin ETF buzz sends BTC price back to $45K as open interest mounts – Cointelegraph
Bitcoin (BTC) rallied above $45,000 near the start of Wall Street trading on January 8, as ETF talk brought fresh volatility. BTC/USD 1 hour chart. Source: TradingView New liquidation warning issued for Bitcoin ETF Cointelegraph Markets Pro and TradingView It recorded a daily BTC price increase of nearly 3%. The biggest cryptocurrency saw fresh buying […]
SEC reissues crypto 'FOMO' warning amid hopes for spot Bitcoin ETFs – Cointelegraph
The U.S. Securities and Exchange Commission (SEC) has reissued a warning regarding FOMO crypto investments, days before the Spot Bitcoin (BTC) exchange-traded fund is scheduled to be approved. January 6th post to The post Say no go to FOMO appeared first on Blog post The warning was issued on January 23, 2021, amid a crypto […]
ICP, ARB, STX and MKR flash signs as traders anticipate a spot Bitcoin ETF approval – Cointelegraph
Bitcoin (BTC) bulls are likely to still hold their position as the BTC Exchange Traded Fund (ETF) spot verdict approaches. Analysts expect the U.S. Securities and Exchange Commission to immediately accept applications for Bitcoin ETFs between January 8th and January 10th. Will Bitcoin soar if one or more Spot Bitcoin ETFs are approved? That's the […]
Bitcoin ETFs will solve unit bias psychology, says VanEck advisor – Cointelegraph
According to VanEck advisor Gabor Garbacs, the overall price of Bitcoin (BTC) has fallen due to unit-bias psychology, which favors owning a full unit, leading to a potential reluctance to buy just a portion of the cryptocurrency. It is said that this could deter some investors. He suggests that Bitcoin exchange-traded funds (ETFs) are a […]
Grayscale drops MATIC, adds AVAX, XRP in funds rebalance – Cointelegraph
Asset management company Grayscale has rebalanced its three crypto funds, removing tokens such as Polygon (MATIC) and adding Avalanche (AVAX) and XRP (XRP). according to To be announced on January 5th. The new allocations are part of Grayscale’s quarterly review and impact the Digital Large Cap Fund (GDLC), DeFi Fund (DEFG), and Smart Contract Platform […]
What are the next steps for the Bitcoin ETF? – Cointelegraph
The final steps for a Spot Bitcoin exchange-traded fund (ETF) to debut on Wall Street are underway, with final revisions from asset managers to be announced by the morning of January 8, according to Bloomberg analyst Eric Balchunas. It is said that it will be done. The revised version must be submitted through the S-1 […]