Former SEC Chair Says Bitcoin ETF Could Be Approved—If These Conditions Are Met

Former SEC Chairman Jay Clayton today said that regulators would find it “hard to resist” approving a spot Bitcoin exchange-traded fund (ETF) if such a product performs the same functions as a futures...

Bitcoin Price Plummets Below $31K, Experts Predict Further Decline

Key Points: Bitcoin price in decline, but bulls remain active above $30,000 support zone. Short-term bullish trend line forming, with support near $30,400. Next resistance near $30,700 and $31,400 lev...

Mt. Gox’s Potential $4 Billion Bitcoin Sell-Off Raises Concerns – Here’s The Complete Truth

The infamous Mt. Gox, once the world’s largest Bitcoin exchange, is reportedly considering selling off 140,000 Bitcoin (BTC) worth $4 billion on October 31st.  This news has sparked concerns among cry...

BlackRock ETF Pushing Bitcoin to ‘Inflection Point’ as US Entities Accumulate BTC: Glassnode

A prominent analytics firm says BlackRock’s Bitcoin (BTC) spot exchange-traded fund (ETF) application is pushing US-based entities to accumulate the crypto king. Glassnode notes that the share of Bitc...

Vanguard Now Owns $560 Million Worth of Bitcoin Mining Stocks

Asset manager Vanguard Group has upped its exposure to Bitcoin mining companies, Monday filings with the U.S. Securities and Exchange Commission show, increasing its stake in the industry to over half...

Half a Billion Has Poured Into Bitcoin Funds in Past Three Weeks

Institutional investors have put half a billion worth of assets into digital asset investment products—mostly ones that hold Bitcoin—in the last three weeks, reversing the down trend that’s been...

Central Banks Are Buying Gold Over Bitcoin as a Safe Haven Asset

Central banks around the world have been loading up on gold in an effort to stay ahead of inflation, according to recent research. People have long considered gold as a store of value and inflation he...

CTSI up +23.40%, BTC +1.25%, Mina Protocol is The Coin of The Day – Daily Market Update for Jul 11, 2023 | CoinCodex

Key highlights: The total cryptocurrency market cap increased from $ 1.18T to $ 1.20T in the past 24 hours, representing a 1.44% change The Bitcoin price at press time is $ 30,458 after growing by 1.2...

Survey Suggests Crypto Investors May Neglect Key Metrics Pertinent To Bitcoin

Investors’ tendency to prioritize conventional metrics over crypto-specific factors has implications for both Bitcoin the network and Bitcoin the asset. The Digital Disclosure Survey conducted b...

Santiment Report: Stablecoin Behavior Reveals Bullish Sentiment as Bitcoin Consolidates

The cryptocurrency market is undeniably in a deadlock position between bullish and bearish sentiments in regard to the short-term outlook. Bitcoin price continued to range between $31k and $30k withou...

Is Bitcoin an Investment or a Currency ?

Are you in the U.S. and haven’t filed your taxes yet? Check out the free Decrypt U 2023  U.S. Crypto Tax Guide, and mint a free NFT certificate!   Is Bitcoin a currency, or is it an investment l...

Altcoin Crash: Prominent Analyst Forecasts 40% Drop Against Bitcoin (BTC)

Leading the crypto sphere with his insightful analysis, Benjamin Cowen, the renowned founder of IntoTheCryptoverse and influential crypto YouTuber, has issued a dire warning to cryptocurrency investor...

Bitcoin Price Prediction As Bulls Swing Back To Action Ahead of June CPI – Can BTC Pump to $38k?

Bitcoin price is back in the green and rising above support at $30,000 toward the end of the Asian session on Tuesday. The pioneer cryptocurrency had slipped slightly below $30,000 and traded a July l...

MicroStrategy’s Bitcoin Bet Pays Off: Berenberg Capital Report

Key Points: The upcoming Bitcoin halving could see a rally in Bitcoin-focused stocks like MicroStrategy, which holds 152,333 Bitcoins. Previous halvings saw BTC surge by at least 682%, and a bullish o...

Bitcoin Price Today: BTC Price Approaches Key Resistance Level Amidst Anticipation of CPI Report

Bitcoin (BTC) and altcoins are currently displaying divergent price dynamics across various timeframes, while Ethereum closely tracks Bitcoin’s movements. Both cryptocurrencies are steadily gaining gr...

Bitcoin’s Wide Adoption ‘Pretty Incredible,’ Says Former SEC Chair

Former SEC Chair Jay Clayton in a CBNC interview on Monday expressed astonishment at powerful financial institutions’ rapid adoption of Bitcoin. Moreover, Clayton criticized regulatory overreach, and ...

Bitcoin Halving Could be Inconvenient for BTC Miners- Experts

Bitcoiners are excited about Bitcoin Halving coming in April 2024, but experts presume miners could suffer this time. Mining rewards are slashed in half every four years or after every 21,000 blocks. ...

How do you store your Bitcoin? Why not paint your private keys

Bitcoin is code and code is law.  It used to be that possession made up nine-tenths of the law. But in the age of immutable blockchains, the holder of the private keys is all that matters.  Please don...

Bitcoin Hash Rate Hits New All-Time High Amid Stagnating Prices

Bitcoin’ (BTC) hash rate hit a new all-time high over the weekend, meaning that it becomes increasingly difficult for any individual or group to control more than 50% of the network’s total comp...

At anniversary of 2016 BTC halving, a look to the next one

Seven years ago, Monday, bitcoin mining rewards were cut from 25 bitcoins to 12.5 BTC — a phenomenon that spurred a price rally industry watchers expect to repeat when the next Bitcoin halving hits in...

Recovering Funds Transferred Via Bitcoin ATMs Is ‘Virtually Untraceable’, Say Iowa Authorities

A woman from the city of Clive, Polk County, Iowa, fell victim to a scam involving the use of a Bitcoin ATM, according to a press release by local police that was shared on the department’s Facebook. ...

Upbit Lists New BTC/MINA Trading Pair, Will It Cause Altcoin Chaos?

Key Points: Upbit announces BTC/MINA trading pair listing, causing altcoin price fluctuations. Mina deposit support opens within 3 hours, with restrictions on initial purchases and sell orders. Mina b...

Bitcoin Price Holds Ground But Momentum Keeps Fading Below $31K

Bitcoin price is holding the key $30,000 support zone. BTC must settle above $31,000 and $31,400 to start a fresh increase in the near term. Bitcoin is showing a few positive signs above the $30,000 s...

Grayscale Asks Regulators Whose Bitcoin ETF Is Riskier

Grayscale Investments has taken a new tack in its challenge of regulators’ refusal to allow its spot Bitcoin ETF to trade on exchanges. On Monday, Donald B. Verrilli, Jr., an attorney with Munger Toll...

Bitcoin Hash Rate Retakes All-Time High As Miners Continue To Expand Capacity

The difficulty of mining Bitcoin has been steadily climbing for some time now, as more and more miners compete with one another to be the one to mine the next block on the Bitcoin blockchain successfu...

June CPI, PPI Readings Hold the Spotlight for BTC Investors

On Wednesday, observers of U.S. monetary policy will eye the Labor Department’s release of the June CPI. The CPI has edged steadily downward since last year’s high. Economists’ consensus see June’s in...

Grayscale Opposes SEC Approval Of Bitcoin Future ETF, Strong Supporter Of Spot ETF

Key Points: Grayscale Investments informed the court overseeing its case against the SEC that the agency recently approved a leveraged Bitcoin futures ETF. The company criticized the SEC for approving...

Bitcoin Google Search Interest Stands At Critical Level, What This Forecast For BTC

The price of Bitcoin is stuck at its current levels as bulls and bears fight for control. The number one cryptocurrency by market cap experienced some gains in the past weeks, but volatility across th...

Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital

The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStrategy. In a research note shared with Cointelegraph...

‘It Will Be Challenging to Resist Approving a Bitcoin Spot ETF,’ Says Ex-SEC Chairman

Jay Clayton reveals his distrust of the Bitcoin market but acknowledges the evolving perception and growing acceptance of Bitcoin trading. Former SEC Chair Jay Clayton recently shared his skepticism r...

Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says

Former SEC chair Jay Clayton suggested during a CNBC interview on July 10 that regulators could soon feel compelled to approve a spot Bitcoin ETF. Clayton explained that the U.S. Securities and Exchan...

Crypto Booster Robert F. Kennedy Jr. Bought Bitcoin Despite Recent Claim: Report

Democratic presidential candidate Robert F. Kennedy Jr, confirmed that he owns a considerable amount of Bitcoin—after saying he didn’t, and after the crypto was initially atrributed to his wife....