Key Points: Former SEC Chairman Jay Clayton observed a shift in market views on Bitcoin, from an offshore retail market with concerns to credible organizations entering the industry. Clayton noted the...
Category: Bitcoin
Live Bitcoin News Updates.
A no-fail trade? Bitcoin traders who dollar-cost average are profitable
The weighted average cost of purchased Bitcoin recently reached a level signifying that all investors who have consistently dollar-cost averaged into the leading cryptocurrency are now in the black, r...
Spot bitcoin ETFs deserve approval, asserts former SEC chairman Jay Clayton
In a recent CNBC interview, former SEC Chair Jay Clayton discussed the changing regulatory environment surrounding bitcoin ETFs, stating that it would be challenging to resist approving them. Clayton ...
BTC, ETH, XRP, BCH and DOGE Price Analysis for July 10
The week has started with a slight correction of the majority of the coins, according to the CoinMarketCap ranking. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has declined by 0.22% o...
The One Ingredient Missing From A Full-Bore Bitcoin Bull Run
Bitcoin price is showing resilience in the face of adversity and is up nearly 100% from bear market lows. However, it has yet to show signs of an undeniable bull market as it has in the past. That’s b...
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totalin...
$4 Billion Mt. Gox Repayments May Tank Bitcoin in October
Defunct Japanese exchange Mt. Gox will distribute 140,000 Bitcoin (BTC) ($4 billion) in creditor repayments starting on Oct. 31, 2023, which may plunge Bitcoin into bear territory if bulls don’t rally...
Bitcoin Whale Ratio Lowest Since 2018, Here’s What It Means
On-chain data shows that the Bitcoin exchange whale ratio has declined to the lowest value since 2018. Here’s what this may mean for the asset. Bitcoin Exchange Whale Ratio (14-Day SMA) Has Plunged Re...
Bitcoin could hit $120,000 by the end of 2024: Standard Chartered
Standard Chartered analyst sees another 60% upside in Bitcoin this year. Geoff Kendrick explained his bullish view on BTC in a research note today. Bitcoin is already up a whopping 85% since the start...
“Bitcoin ETFs Should Be Approved” – Says Former SEC Chair Jay Clayton
The Bitcoin market recently witnessed a solid development as former Securities and Exchange Commission (SEC) Chair Jay Clayton has voiced his support for the approval of Bitcoin Exchange-Traded Funds ...
Ex-SEC Chair Joins Chorus Pushing For Spot Bitcoin ETF Approval ⋆ ZyCrypto
Advertisement     During his latest interview, Jay Clayton voiced his openness to a spot bitcoin exchange-traded fund (ETF). The former Securities and Exchange Commission chairman note...
Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
The weakness in the U.S. Dollar Index bodes well for Bitcoin and altcoins in the near term. Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard ...
Bitcoin miners might face this certain double whammy
The portion of miner revenue derived from transaction fees plunged to a 4-month low. Bitcoin network’s hashrate hit an all-time high, requiring more investment in mining equipment. The fortune of Bit...
Former SEC Chair says Bitcoin ETF should be approved
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate efficacy and have surveillance, it would be hard for the SEC to deny a spot ...
Former SEC Chair Says It Would Be Hard to Resist Approving Bitcoin ETF
Alex Dovbnya In recent interview with CNBC, former SEC Chairman Jay Clayton expressed that it would be ‘hard to resist’ approving Bitcoin ETF as long as regulatory safeguards, similar to t...
US Presidential Candidate Robert F. Kennedy Holds Bitcoin (BTC)
Robert F. Kennedy – a US presidential candidate from the Democratic party and an outspoken advocate of the cryptocurrency industry – revealed owning between $100,001 and $250,000 worth of bitcoin. Th...
‘Big Move is Coming’ – Crypto Analyst Reveals Forecast for Bitcoin As BTC Consolidates at $30,000
A widely followed crypto analyst says that Bitcoin (BTC) is likely in the middle of a long consolidation process which will ultimately lead to a big move to the upside. Pseudonymous trader Altcoin She...
Bitcoin price forecasting: will it reach $120,000
Crypto news: Standard Chartered Bank recently made new forecasting regarding the price of Bitcoin, specifically stating that it could reach $120,000 by 2024. The news is also reported by Bitcoin Maga...
Expect Altcoin Season After Bitcoin Halves In 2024
A crypto analyst on Twitter expects altcoin prices to be muted in the second half of 2023. Data indicate that the fate of altcoins and the possibility of an “alt season” is highly dependent on the per...
Standard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024
Banking giant Standard Chartered expects the Bitcoin bull run to continue further with the BTC price to rally to $50,000 by the end of the year. After hitting its 2023 high at $31,000 last week, the w...
Austrian Bitcoin Broker Coinfinity Integrates Lightning Network
Coinfinity, an Austrian bitcoin broker, has recently integrated the Lightning Network into its services, allowing customers to make bitcoin purchases with reduced transaction fees and quicker processi...
Banking Giant Standard Chartered Sees Bitcoin Tapping $50K in 2023 and $120K in 2024 (Report)
One of the biggest British banking institutions – Standard Chartered – has reportedly forecasted that bitcoin’s price could reach $50,000 by the year’s end and skyrocket to $120,000 by the end of 2024...
Perpetual futures market sees Bitcoin reclaim dominance over Ethereum
Quick Take Perpetual Futures have traditionally attracted significant open interest and trading volumes for both Bitcoin (BTC) and Ethereum (ETH). This trend underscores their widespread popularity as...
SEC’s Approval of Riskier Bitcoin ETF Draws Criticism from Grayscale
Digital asset manager Grayscale’s lawyers have criticized the U.S. Securities and Exchange Commission (SEC) for approving a leveraged Bitcoin-based exchange-traded fund (ETF) at a time when the compan...
AI Can Now Move Bitcoin With New Lightning Labs Tools
Artificial Intelligence (AI) continues its unassailable conquest of the internet, adding Bitcoin to the long list of things it can manipulate. Lightning Labs, one of the main companies working on the...
Standard Chartered Bank Says Bitcoin Price Likely To Hit $50,000 This Year, $120,000 By 2024 ⋆ ZyCrypto
Advertisement     Multinational bank Standard Chartered, which in December 2022 predicted that the bitcoin price was on track to plummet as low as $5,000 in 2023, now believes that the...
Another Massive Wave of Capital From Institutional Investors Hits Bitcoin and Crypto Markets: CoinShares
Digital assets manager CoinShares says institutional investors are still bullish on Bitcoin (BTC) and altcoins as crypto sees over $136 million in inflows last week. In its latest Digital Asset Fund F...
Bitcoin Sharks And Whales Go On $2.15 Billion Buying Spree, Is It Time To Sell?
Bitcoin has seen both highs and lows over the past month as various developments in the space put the digital asset’s price into a pull-and-push trend. However, investors have remained undeterred by t...
Grayscale Bitcoin Trust (GBTC) Discount Narrows to Lowest Since May 2022
While optimism for SEC approval of a spot bitcoin ETF is running high at the moment, continued investor caution could be warranted. “I had a really good laugh when we saw the BlackRock [spot bit...
Standard Chartered Bank Now Forecasting $120,000 Bitcoin Price By 2024
Key Points: Standard Chartered Bank predicts that Bitcoin will reach $50,000 by the end of this year and $120,000 by the end of 2024, revising its previous projection of $100,000 by 2024. The bank exp...
$819,000,000,000 Standard Chartered Doubles Down on Bitcoin With Massive 2024 Price Target
British multinational financial giant Standard Chartered is reportedly predicting a huge Bitcoin (BTC) price for next year, upping its last bullish forecast. According to a new report from Reuters, St...
Bitcoin price will hit $120,000 in 2024, Standard Chartered believes
Standard Chartered Bank has revised its bitcoin price prediction, forecasting a rise to $120,000 by the end of 2024. The renewed push for a bitcoin exchange-traded fund (ETF) by BlackRock and other in...