Bitcoin price crumbles after spot ETF approval, but ICP, TIA, MNT, SEI and altcoins rebound – Cointelegraph
There was a lot of hype surrounding the Spot Bitcoin (BTC) Exchange Traded Fund (ETF), but traders may have decided to take profits as regulatory approvals did not provide any upside. As a result, the price plummeted to $41,500. Some analysts have turned bearish and are predicting a target for Bitcoin below $25,000. Anything can […]
BlackRock scoops up 11,500 BTC during dip as ETF leads the pack – CryptoSlate
BlackRock reportedly acquired stunning assets 11,500 Bitcoin from the available supply during the recent sell-off since the launch of the Spot Bitcoin ETF. This amount is significant considering that only 900 BTC is issued every day. The purchase by BlackRock effectively means that approximately 13 days worth of Bitcoin production has been absorbed by one […]
BlackRock CEO Larry Fink Comments on Prospects of an XRP ETF – The Crypto Basic
Larry Fink, CEO of BlackRock, the world's largest asset management company, commented on the possibility of an exchange-traded fund (ETF) containing XRP. In a recent interview, FOX Senior Correspondent Charles Gasparino specifically asked Larry Fink about the outlook for the XRP ETF. The question arose as US regulators approved a Bitcoin spot ETF. XRP ETF […]
SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement – CoinDesk
Based on current information, staff understands that an unauthorized party gained access to @SECGov shortly after 4:00 PM ET on Tuesday, January 9, 2024. X.com Delete your account by taking control of the phone number associated with your account. An unauthorized person made a post at 4:11 p.m. ET purporting to announce the Commission's approval […]
JPMorgan doesn't see more than 50% chance of spot Ethereum ETF approval by May – The Block – Crypto News
JPMorgan is not betting big on the Securities and Exchange Commission approving a Spot Ethereum exchange-traded fund in May, the original deadline for approving a Spot Ethereum exchange-traded fund. “In our opinion, for the SEC to approve a Spot Ethereum ETF in May, it will need to classify Ethereum as a commodity (similar to Bitcoin) […]
Euphoria over Bitcoin ETF as trading volume surges past $4B on just the first day
Bitcoin exchange-traded funds listed in the U.S. are worth $4.6 billion as of Thursday afternoon, as investors pounced on the breakthrough product approved by U.S. securities regulators on Wednesday, according to LSEG data. shares are traded. These products represent a watershed moment for the cryptocurrency industry, testing whether digital assets, which are still considered risky […]
What major analysts say bitcoin ETF approval means for Coinbase shares – CNBC
Cryptocurrency markets are facing a turbulent few days in anticipation and reaction to the Securities and Exchange Commission finally approving trading of 11 new spot Bitcoin ETFs in the United States. These newly launched ETFs are good news for the crypto market. The industry has long been viewed with skepticism by both regulators and institutional […]
BlackRock’s Bitcoin ETF wins approval
Ark Invest CEO Cathie Wood has responded to a hacker who posted an endorsement for a Spot Bitcoin ETF on “The Claman Countdown.” After years of hitting a wall, the Securities and Exchange Commission has finally approved a physical Bitcoin exchange-traded fund, making the cryptocurrency more accessible to Main Street investors, Commissioner Gary Gensler said […]
Ark Invest CEO Cathie Wood addresses bitcoin ETF approval ‘hoax’
Ark Invest CEO Cathie Wood has responded to a hacker who posted an endorsement for a Spot Bitcoin ETF on “The Claman Countdown.” Industry expert Cathie Wood commented on Securities and Exchange Commission (SEC) Chairman Gary Gensler's erroneous post about X that disrupted Bitcoin prices and caused confusion for investors. “I was actually doing an […]
House Financial Services demands SEC briefing on compromised X account, Bitcoin ETF post
Republicans on the House Financial Services Committee on Tuesday demanded that SEC Director Gary Gensler answer the committee's questions about the SEC's X account hack. The SEC's X (formerly Twitter) account posted on Tuesday that the SEC had approved a cryptocurrency ETF, briefly sending Bitcoin prices soaring before it was revealed to be a hoax. […]