Bitcoin holds firm after regulators approve ETFs
11 months, 1 week ago

Bitcoin holds firm after regulators approve ETFs

The Hindu  

Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds to track the world's largest cryptocurrency, seen as a landmark move that could broaden its appeal to investors. The Securities and Exchange Commission said on Wednesday it approved 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck, with most of the products expected to begin trading later in the day. "The approval of these spot Bitcoin ETFs is a pivotal moment in the evolution of the cryptocurrency market," said Brett Tejpaul, head of Coinbase Institutional. "With major asset managers bringing the world of digital assets to millions through this regulated product, these ETFs are set to catalyse industry growth, unlocking trillions in new capital."

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Bitcoin soars to $107,000: Will the upward trend sustain? Experts weigh in
Trending News
6 days, 20 hours ago

Bitcoin soars to $107,000: Will the upward trend sustain? Experts weigh in

Live Mint  

Bitcoin surged to a record-breaking high of $107,000, reflecting a nearly 6 per cent increase over the past week. Bitcoin among 10 most-valued assets Bitcoin’s leap beyond the $107,000 mark follows a steady seven-week winning streak, underscoring the cryptocurrency’s robust fundamentals. Similarly, Tanvi Kanchan, Head of Strategy at Anand Rathi Shares and Stock Brokers, highlighting the broader implications of these …

Bitcoin soars to new all-time high over $106,000 on Donald Trump’s strategic reserve plans
Trending News
1 week ago

Bitcoin soars to new all-time high over $106,000 on Donald Trump’s strategic reserve plans

Live Mint  

Bitcoin soared past the $106,000 mark at the Singapore market open on December 16, according to data on Coinmarketcap. The token has The Rise and Rise of Bitcoin Bitcoin surged to a record high above $106,000 in early Asian trade as United States President-elect Donald Trump spoke of plans to create a Bitcoin strategic reserve for the country, along the …

Bitcoin hits record high, soars over $106,000. 3 things to know
1 week, 1 day ago

Bitcoin hits record high, soars over $106,000. 3 things to know

India Today  

Bitcoin, the world’s largest cryptocurrency by market capitalisation, surged to an all-time high of over $106,000 on Monday. The rally came after US President-elect Donald Trump suggested creating a Bitcoin strategic reserve, similar to the country’s oil reserve. This proposal sparked optimism amongst crypto enthusiasts, sending Bitcoin’s value soaring and strengthening its position, now holding 56.1% of the total cryptocurrency …

Bitcoin hits $100,000 for first time
2 weeks, 4 days ago

Bitcoin hits $100,000 for first time

Deccan Chronicle  

Mumbai: Bitcoin made a significant mark by surpassing the $100000 mark for the first time on Wednesday driven by favorable market dynamics, growing US regulatory clarity, and institutional adoption through Bitcoin ETFs. Vishal Sacheendran, Head of Regional Markets at Binance said, “Bitcoin has hit the historic $100,000 mark, driven by favorable market dynamics, growing U.S. regulatory clarity, and institutional adoption …

Timeline to $100,000 and beyond: Bitcoin's wild ride
2 weeks, 4 days ago

Timeline to $100,000 and beyond: Bitcoin's wild ride

Hindustan Times  

Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies. Here are key events in bitcoin's journey towards $100,000 and beyond: 2008: Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin 2010: …

Bitcoin hits $100,000, lifted by hopes of a crypto-friendly Washington
2 weeks, 4 days ago

Bitcoin hits $100,000, lifted by hopes of a crypto-friendly Washington

Live Mint  

Bitcoin traded above $100,000 for the first time, powered by a wave of investors betting that President-elect Donald Trump will turn U.S. government policy into an engine of growth for crypto. During the campaign, Trump dropped his earlier skepticism of bitcoin and promised to “end Joe Biden’s war on crypto." Now, crypto investors are cheering Trump’s pledge to create a …

Bitcoin crosses $100,000 for 1st time: Will the rally sustain? 3 things to know
2 weeks, 5 days ago

Bitcoin crosses $100,000 for 1st time: Will the rally sustain? 3 things to know

India Today  

Bitcoin has crossed the $100,000 mark for the first time, setting a historic milestone in its journey as a global financial asset. Bitcoin has more than doubled in value since the start of 2024 and has risen by about 45% in the last four weeks following Donald Trump’s US election victory. Bitcoin’s rise to six figures has been driven by …

Bitcoin prices come within kissing distance of $100,000. Should you invest now or just sit on the fence?
1 month ago

Bitcoin prices come within kissing distance of $100,000. Should you invest now or just sit on the fence?

Live Mint  

Bitcoin prices hovered around $98,608 on Saturday on international exchanges, buoyed by the euphoria over Donald Trump-led Republican party reclaiming the White House. Balaji Srihari, Business Head of CoinSwitch, says, “Bitcoin surged to an all-time high, signalling that the much-anticipated $100,000 milestone could be within reach- many analysts predict that this mark could be achieved as early as the end …

Bitcoin ticks closer to $100,000 in extended surge following US elections
1 month ago

Bitcoin ticks closer to $100,000 in extended surge following US elections

Associated Press  

NEW YORK — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. But he’s also faced criticism from industry players in the process, like the chief legal officer of Robinhood, who described Gensler’s approach toward crypto as “rigid” and “hostile.” Gensler will step down in January when Trump takes office. Despite crypto’s recent excitement …

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win
1 month ago

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win

Firstpost  

Bitcoin rose to an all-time high of $95,004.50 on Thursday, continuing its rally after Donald Trump’s win in November 5 US Presidential election. Cryptocurrency Bitcoin surged to another life-time high of $95,000 on Thursday, continuing to get investors bet who are optimistic after Donald Trump’s win in the 2024 US Presidential election as they expect that he would push through …

US ETFs net inflows near $1 trillion in biggest annual rush fueled by Trump’s poll victory
1 month, 1 week ago

US ETFs net inflows near $1 trillion in biggest annual rush fueled by Trump’s poll victory

Live Mint  

-- This year was already a landmark one for exchange-traded funds, but as of Friday the ETF universe can add another superlative: biggest annual inflows on record. The insatiable appetite for the investor-friendly wrapper, an all-time high number of product launches and a relentless bull market fueled by Donald Trump’s presidential victory have helped push total net inflows into US …

Bitcoin vaults to all-time peak as Trump election raises crypto excitement
1 month, 1 week ago

Bitcoin vaults to all-time peak as Trump election raises crypto excitement

Live Mint  

By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK -Bitcoin surged to a record above $87,000 on Monday in a blistering rally amid expectations cryptocurrencies will thrive in a light-touch regulatory environment following the election of Donald Trump as U.S. president and pro-crypto candidates to Congress. Trump embraced digital assets during his campaign, promising to make the United States the "crypto …

Bitcoin neared $90,000 in a new record high. What to know about crypto’s post-election rally
1 month, 1 week ago

Bitcoin neared $90,000 in a new record high. What to know about crypto’s post-election rally

Associated Press  

NEW YORK — As money continues to pour into crypto following Donald Trump’s reelection last week, bitcoin has climbed to yet another record high. Bitcoin’s price oscillated throughout the day, but is still up more than 27% over the last week — standing at about $88,288 as of 5 p.m. That’s part of a rally across cryptocurrencies and crypto-related investments …

Bitcoin rallies past $81,000. What's driving the surge?
1 month, 1 week ago

Bitcoin rallies past $81,000. What's driving the surge?

India Today  

Bitcoin soared to a new record high, crossing the $81,000 mark on Monday. BITCOIN HITS NEW RECORD HIGH Many in the market believe Trump’s plans for Bitcoin and other digital assets have set the stage for the recent surge. "Bitcoin’s record-breaking surge is backed by strong fundamentals and signals from the recent US election that suggest pro-crypto policies may be …

Bitcoin Soars to $71,000: A Crypto Renaissance on the Horizon?
1 month, 3 weeks ago

Bitcoin Soars to $71,000: A Crypto Renaissance on the Horizon?

ABP News  

Bitcoin's recent surge is driven by several converging factors, including rising global liquidity, the upcoming US presidential elections, and weakening US dollar index. The surge has also been supported by increased inflows into Bitcoin spot ETFs and the ongoing growth of institutional and retail investor interest.

Bitcoin Soars to New Heights, But Market Volatility Remains High
2 months ago

Bitcoin Soars to New Heights, But Market Volatility Remains High

ABP News  

Bitcoin and Ethereum ETFs see record inflows, with Bitcoin reaching a 30-day high of $69,000. The overall crypto market is volatile, with Bitcoin and Ethereum experiencing significant price fluctuations. BlackRock is reportedly stepping up its efforts in the crypto derivatives space, with discussions to enable the use of the BUIDL token as collateral in crypto derivative transactions.

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?
5 months, 4 weeks ago

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?

Live Mint  

World's biggest cryptocurrency Bitcoin witnessed a downturn of over 3 per cent on Monday, falling to $61,000 level. Losses are mounting in the crypto market following its second-worst weekly decline of 2024, driven by waning demand for Bitcoin exchange-traded funds and uncertainty surrounding monetary policy. Despite the prevailing downturn, Bitcoin's open interest has experienced a slight uptick of 0.59 per …

Bitcoin plunges 3.7% to $66,870; here’s why its falling
6 months, 1 week ago

Bitcoin plunges 3.7% to $66,870; here’s why its falling

Live Mint  

World's biggest cryptocurrency Bitcoin slid as much as 3.78 per cent to $66,817 on Tuesday reflecting trader anxiety ahead of the US inflation data release and the Federal Reserve's monetary policy decision. The upcoming inflation data and the Federal Reserve's outlook on Wednesday could reinforce concerns that interest rates will remain elevated for an extended period, creating a challenging environment …

Ether gets ETF approval from US regulator; experts predict volatility ahead
6 months, 4 weeks ago

Ether gets ETF approval from US regulator; experts predict volatility ahead

Live Mint  

The US markets regulator Securities and Exchange Commission on Thursday confirmed that it has approved applications from Nasdaq, CBOE and NYSE to enable exchange traded funds holding Ethereum's native token, ETH. One ETF analyst James Seyffart at Bloomberg Intelligence said, “A week ago, I would've said you were a little crazy to think that these ETFs were going to get …

Bitcoin gains 7%, climbs back to $70,000 following decline due to US ETF withdrawals
8 months, 3 weeks ago

Bitcoin gains 7%, climbs back to $70,000 following decline due to US ETF withdrawals

Live Mint  

World's largest cryptocurrency Bitcoin has surged back to $70,000 level, by rising over 7 per cent. Nearly $900 million was withdrawn from those ETFs last week, marking ongoing outflows from the Grayscale Bitcoin Trust alongside a slowdown in subscriptions for offerings from BlackRock Inc. and Fidelity Investment, according to a Bloomberg report. “Even though ETF inflows have hit a drag, …

Standard Chartered raises year-end target of Bitcoin to $1,50,000
9 months ago

Standard Chartered raises year-end target of Bitcoin to $1,50,000

Live Mint  

Standard Chartered has revised its year-end prediction for Bitcoin, raising it from $100,000 to $150,000. “We think the gold analogy – in terms of both ETF impact and the optimal portfolio mix – remains a good starting point for estimating the ‘correct’ BTC price level medium-term,” the bank said in its note. It further added, “If ETF inflows reach our …

Bitcoin tumbles 10% off its peak in less than a week to trade at $65,300. Check details here
9 months ago

Bitcoin tumbles 10% off its peak in less than a week to trade at $65,300. Check details here

Live Mint  

In the past less than a week, bitcoin has dropped over 10 percent from its all time high of $73,083 it hit on March 13 at trade at $65,300 in the early hours on Sunday. Swissblock, a digital asset analytics firm, in a note on Wednesday said that bitcoin has risen almost double in price from $38,000 in late January …

Hot New Bitcoin Funds Are Still Waiting for Buy-In from Financial Advisers
9 months, 1 week ago

Hot New Bitcoin Funds Are Still Waiting for Buy-In from Financial Advisers

Live Mint  

Bitcoin exchange-traded funds have drawn billions of dollars from investors since they launched in January, but their target market—financial advisers who oversee trillions in client assets—has remained largely out of reach. Fans of the world’s largest cryptocurrency had hoped that the bitcoin funds would open the floodgates to a wave of new buyers, specifically U.S. financial advisers who collectively oversee …

Bitcoin on a rocket ship, zooms past $72,000 before falling again, experts wary of investing now
9 months, 1 week ago

Bitcoin on a rocket ship, zooms past $72,000 before falling again, experts wary of investing now

Firstpost  

Bitcoin reached an all time high as it zoomed past $72,000 late last night, when it peaked at 4:30AM, at which point, it was valued at $72,706. Additional positive developments include the London Stock Exchange’s decision to accept applications for Bitcoin and Ether exchange-traded notes, along with Thailand’s regulatory approval allowing retail investors to purchase overseas crypto ETFs. Chris Newhouse, …

Bitcoin hits record above $71,000 as demand frenzy intensifies
9 months, 1 week ago

Bitcoin hits record above $71,000 as demand frenzy intensifies

The Hindu  

Bitcoin hit a record high on March 11 above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. The world's most valuable cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates. Flows of capital into the …

Bitcoin’s price is surging. What happens next?
9 months, 2 weeks ago

Bitcoin’s price is surging. What happens next?

Hindustan Times  

For a brief moment, everyone who owned Bitcoin had made money from it. On January 10th the Securities and Exchange Commission, an American regulator, approved applications by 11 investment firms, including BlackRock and Fidelity, to create bitcoin exchange-traded funds. For instance, even as tech stocks soared in the middle of 2021, bitcoin slumped after Elon Musk posted negative tweets about …

Bitcoin briefly hits all-time high, less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin briefly hits all-time high, less than two years after FTX scandal clobbered crypto

The Hindu  

Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. These newly approved ETFs hold actual bitcoin — unlike previous bitcoin-related ETFs that were invested in contracts related to future price bets, but not on the cryptocurrency itself. Institutional demand for bitcoin …

Over $1 billion liquidated from the cryptocurrency market in 24 hours
9 months, 2 weeks ago

Over $1 billion liquidated from the cryptocurrency market in 24 hours

Live Mint  

Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much …

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

Associated Press  

NEW YORK — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. Institutional demand for bitcoin show “no signs of slowing down,” H.C. Wainwright’s Mike Colonnese and Dylan Scales wrote Tuesday — adding that bitcoin’s popularity “is likely to accelerate in …

Bitcoin Surges Past $68,000, In Sight of Record High
9 months, 2 weeks ago

Bitcoin Surges Past $68,000, In Sight of Record High

News 18  

Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value. Net flows into the 10 largest U.S. spot bitcoin funds reached $2.17 billion in the week to March 1, with more than half of that going into BlackRock’s iShares Bitcoin Trust, according …

Bitcoin surges to $66,000, market cap crosses $2.5 trillion
9 months, 2 weeks ago

Bitcoin surges to $66,000, market cap crosses $2.5 trillion

Live Mint  

Bitcoin, world's foremost cryptocurrency in terms of value, surged to a two-year peak, crossing the $66,000 threshold. During the past 24 hours, data from CoinGecko indicates that the global cryptocurrency market capitalization experienced a notable surge of 3.6%, reaching approximately $2.54 trillion. Since the inception of US Bitcoin ETFs, significant net inflows totaling $7.35 billion have been invested by prominent …

Bitcoin Bounces Beyond $64,000 As Records Beckon
9 months, 2 weeks ago

Bitcoin Bounces Beyond $64,000 As Records Beckon

News 18  

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. “The flows are not drying up as …

Bitcoin Hits $64,000, Posts Highest Monthly Jump of 44% In Over 3 Year
9 months, 3 weeks ago

Bitcoin Hits $64,000, Posts Highest Monthly Jump of 44% In Over 3 Year

News 18  

Continuing its winning streak on Thursday, Bitcoin in February 2024 posted its biggest monthly gain in more than three years and it is within range of a record high as cash rushing to listed bitcoin funds propels a sweeping rally. The largest cryptocurrency by market capitalisation touched as high as $63,933 overnight with a monthly gain of more than 44 …

Bitcoin price hits fresh 2024 high amid record inflows
9 months, 3 weeks ago

Bitcoin price hits fresh 2024 high amid record inflows

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin has hit its highest price since 2021 amid record inflows to the …

Bitcoin Reclaims $57,000 After 2 Years On Heavy Institutional Buying
9 months, 3 weeks ago

Bitcoin Reclaims $57,000 After 2 Years On Heavy Institutional Buying

News 18  

Leading cryptocurrency Bitcoin has soared to a more than two-year high above $57,000 after enterprise software firm MicroStrategy Inc announced it had bought about 3,000 more of the tokens for $155 million. The US SEC approved 11 spot bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, and ARK 21Shares Bitcoin ETF, among others. Bitcoin is now at a …

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam
10 months, 2 weeks ago

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam

ABP News  

In a notable surge, Bitcoin, the leading digital currency, reached its highest point in a month, surpassing the $46,000 mark on February 9. This surge is attributed to steady capital inflows into various United States funds dedicated to cryptocurrency, alongside growing anticipation surrounding the forthcoming halving event slated for April. "There is increased investor confidence leading up to the halving …

Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans
10 months, 2 weeks ago

Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans

Live Mint  

Bitcoin, the largest digital asset, achieved a one-month high by surpassing $46,000 on February 9. This upward trend is supported by steady inflows into several United States funds for the cryptocurrency and increasing attention on the upcoming halving scheduled for April, Bloomberg reported. Bitcoin Exchange-Traded Funds Give Boost Nine US spot Bitcoin exchange-traded funds debuted on January 11, accompanied by …

Bitcoin ETFs are off to a bad start. Will things improve?
10 months, 2 weeks ago

Bitcoin ETFs are off to a bad start. Will things improve?

Live Mint  

The path to approval for the first bitcoin exchange-traded funds was long and arduous. When State Street Global Advisors launched America’s first gold ETF in 2004, the metal fetched less than $500 per ounce, below its price in the early 1980s. Inflows into ETFs launched by firms such as BlackRock, Fidelity and VanEck have been almost entirely offset by outflows …

Bitcoin set to record longest winning streak since pandemic-era rally
10 months, 3 weeks ago

Bitcoin set to record longest winning streak since pandemic-era rally

Live Mint  

Bitcoin is on course to advance for a fifth straight month in what would be the token’s longest such winning streak since a pandemic-era rally oiled by easy money. The largest digital asset has risen about 2% in January, a month of pronounced swings sparked by the rollout of the first US spot Bitcoin exchanged-traded funds and shifting views on …

Bitcoin sees first ever ‘golden cross’ as analysts predict explosive 2024
11 months ago

Bitcoin sees first ever ‘golden cross’ as analysts predict explosive 2024

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A positive start to 2024 has seen bitcoin pass through a market pattern …

SEC’s approval of Bitcoin ETFs sends muddled message
11 months, 1 week ago

SEC’s approval of Bitcoin ETFs sends muddled message

The Hindu  

Despite final approval from the US Securities and Exchange Commission for Bitcoin exchange-traded funds or ETFs by investment firms like Fidelity, BlackRock and Grayscale, the cryptocurrency hasn’t been warmly received at the regulatory body. Statements made by three out of five SEC commissioners on January 10, a day ahead of the news showed discord in the SEC over the underlying …

ETFs make Bitcoin’s problems even worse
11 months, 1 week ago

ETFs make Bitcoin’s problems even worse

Live Mint  

As holders of bitcoin they undermine the very purpose, and so the long-term value, of a cryptocurrency. The new ETFs reconnect bitcoin both to Wall Street’s old financial infrastructure and to the dollar, in which all are priced and which all use to buy and sell bitcoin. And bitcoin ETFs are likely to make its bad performance in crises even …

Why Crypto Idealogues Won’t Touch Bitcoin ETFs
54 years, 11 months ago

Why Crypto Idealogues Won’t Touch Bitcoin ETFs

Wired  

Bitcoin devotees are declaring a historic victory after US regulators approved a new, more accessible way for people to invest in the crypto asset after a decade of resistance. The ETFs will be issued by a selection of big-name financial institutions—including BlackRock, Fidelity, and Franklin Templeton—and will give people a way to invest in bitcoin through a brokerage, as if …

Bitcoin ETFs begin trading in U.S. ending decade-long tussle with SEC
11 months, 1 week ago

Bitcoin ETFs begin trading in U.S. ending decade-long tussle with SEC

The Hindu  

Several exchange-traded funds tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been demanding regulatory approval for more than a decade. "The approval has the potential to simplify and secure Bitcoin investments for a broader investor base, which may reshape the dynamics of cryptocurrency investments," …

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion
11 months, 1 week ago

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion

Live Mint  

The price of first decentralised cryptocurrency Bitcoin surged over 5%, reaching intraday high to $49,012 on Thursday, January 11, after the US Securities and Exchange Commission greenlit the establishment of Bitcoin exchange-traded funds by investment firms, signalling a potential revival for the world’s largest cryptocurrency token by market capitalization. In fact, the daily trading volume for Bitcoin on cryptocurrency exchanges …

New funds will make investing in bitcoin easier. Here’s what you need to know
11 months, 1 week ago

New funds will make investing in bitcoin easier. Here’s what you need to know

Associated Press  

NEW YORK — Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for everyday investors. A spot bitcoin ETF could open the door to many new investors who don’t want to take such extra steps. New bitcoin ETFs will perform like the SPDR Gold Shares ETF, which …

Spot Bitcoin ETF: A paradigm shift in the world of cryptos?
11 months, 1 week ago

Spot Bitcoin ETF: A paradigm shift in the world of cryptos?

Live Mint  

After a long wait, US markets regulator Securities and Exchange Commission finally gave a go-ahead to the spot bitcoin ETFs on Wednesday, a move that led to a massive jump in the bitcoin prices. The bitcoin surged nearly 6 percent since October on speculation that the spot bitcoin ETF would get the final approval in the early days of January. …

Crypto market swells by billions after ‘historic’ bitcoin moment
11 months, 1 week ago

Crypto market swells by billions after ‘historic’ bitcoin moment

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The crypto market hit a 21-month high on Thursday following a landmark decision …

Regulators approve new bitcoin funds in move that could spur more investment in the digital currency
11 months, 1 week ago

Regulators approve new bitcoin funds in move that could spur more investment in the digital currency

Associated Press  

NEW YORK — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or endorses bitcoin. The agency said that would provide competition and a “level playing field.” Bitcoin ETFs could open the door to cryptocurrencies to …

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