News

Bitcoins dips below $40k amid BTC ETF selloffs Bitcoin experienced a decline below the $40,000 mark as a result of sell-offs in GBTC from the insolvent crypto exchange FTX and the withdrawal of BTC deposits on Coinbase initiated by the spot BTC ETF issuer Grayscale. On January 22, Bitcoin (BTC) witnessed a nearly 9% decrease, […]

Following the approval of Bitcoin Spot ETFs, a downward trend has emerged, leading many analysts to view this as a “sell the news” scenario. Today, BTC witnessed a nearly 10% decline, reaching the $41,500 mark. The cryptocurrency market experienced a substantial liquidation, totaling $93 million in the last hour. Long positions accounted for $86.81 million,

After the SEC’s endorsement of the spot Bitcoin ETF in the United States, certain cryptocurrencies are poised to experience greater advantages than others. This approval facilitates straightforward entry for both retail and institutional investors, regardless of their familiarity with web3, allowing them to directly engage with Bitcoin (BTC). Anticipations surround a surge in cryptocurrency demand,

On January 10, the United States Securities and Exchange Commission (SEC) granted its approval for numerous spot Bitcoin exchange-traded funds (ETFs). As per an official filing by the SEC, these spot Bitcoin ETFs have received clearance for inclusion on all accredited national exchanges in the United States, including the Nasdaq, NYSE, and CBOE, concluding a

An unidentified group of hackers took control of the United States Securities and Exchange Commission (SEC) X account, where they posted a fabricated announcement indicating approval for a spot Bitcoin ETF. On January 9, SEC Chair Gary Gensler refuted the misleading message, asserting that no spot Bitcoin ETF approvals had been granted. Gensler clarified the

Bitcoin has surged to $47,000, marking its first ascent to this level in over two decades. Numerous reports suggest that approval for a Bitcoin exchange-traded fund (ETF) is imminent, potentially occurring within the current week. Just hours ago, Bitcoin attained $45,000, its highest valuation since May 2022 when the market experienced a downturn following the

BlackRock is optimistic about gaining approval from the SEC for its spot Bitcoin ETF request in the upcoming week, as per reports from Fox Business. Simultaneously, various stock exchanges have submitted updated versions of the 19b-4 forms associated with Bitcoin ETF proposals by major asset managers such as Fidelity, Grayscale Investments, Valkyrie, ARK 21Shares, and

Bitcoin Price Today In the dynamic and constantly evolving realm of cryptocurrency, Bitcoin is grabbing attention as its current trading value hits $44,244, reflecting a nearly 0.50% increase on Saturday. Within the cryptocurrency community, anticipation is high as various deadlines for the approval of US spot Bitcoin ETFs approach. This pivotal moment holds the potential

SEC will reject all Bitcoin ETFs in January, says Matrixport Matrixport analysts are anticipating the U.S. Securities and Exchange Commission (SEC) to decline all Bitcoin (BTC) spot ETFs in January. In the most recent Matrixport publication, titled “Anticipating the SEC’s Denial of Bitcoin Spot ETFs,” analysts project that approval for spot Bitcoin ETF applications might

Bitcoin has surpassed the $45,000 mark for the first time in almost two years, reflecting the anticipation surrounding the likely endorsement of the inaugural spot Bitcoin ETF in the United States. The cryptocurrency’s value has surged, rising over 6% in the past 24 hours and 170% over the past year, starting from $42,000 on January