As the discount shrinks between the price of Grayscale’s Bitcoin Trust (GBTC) and its Bitcoin holdings, traders who scooped up shares during what was perhaps the product’s darkest day are notching luc...
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SEC holds back from approving any Bitcoin ETF application
The wave of optimism that took over the crypto market recently suffered a dampening blow. The U.S. Securities and Exchange Commission (SEC), in its unpredictable yet unsurprising style, is yet to gree...
BTC Price Crashes Under $26,000 with SEC Delaying Decisions on Spot Bitcoin ETF
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again. On Thursday, August 31, the world’s largest cryptocurrency Bitcoin ...
BTC Whales Number Tapped 10-Month Peak Following the Recent Turbulence
Despite the recent price swings that bitcoin experienced, including pumps and dumps by $2,000 within just a few days, BTC whales seem undeterred, and their total number has jumped to a local peak of 1...
US Bitcoin Corp to host 8,500 BTC miners for bankrupt Celsius
Data center operator US Bitcoin Corp (USBTC) has announced it will host 8,500 Bitcoin miners from the insolvent crypto lender Celsius at its Alpha Site. A press statement on Aug. 31 revealed that the...
Former SEC Chair Guarantees Bitcoin Spot ETFs: Inevitable Approval
Former US Securities and Exchange Commission (SEC) Chair, Jay Clayton, has weighed in on the ongoing applications for Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) by various asset managers, includi...
Approval Of A Spot Bitcoin ETF In U.S. Is ‘Inevitable’, Claims Ex-SEC Chair Despite Delays ⋆ ZyCrypto
Advertisement     Former SEC chairman Jay Clayton today said that the approval of a spot Bitcoin exchange-traded fund (ETF) is “inevitable” despite the U.S. Securities and Exchange Com...
Bitcoin’s bearish stance underlines market disquiet as it trails key averages
Quick Take The current trading position of Bitcoin paints a rather bearish picture as it lingers below multiple moving averages and cost basis. Hovering around the $26,000 mark, Bitcoin is trading bel...
How Bitcoin Flipped The Narrative Around Energy Consumption
The debate surrounding the Bitcoin network’s energy consumption has been intense and mostly tilted in favor of BTC detractors. These individuals and entities have used the Cambridge Bitcoin Electricit...
Bitwise withdraws Bitcoin and Ether Market Cap ETF application
In an unexpected turn of events, Bitwise submitted a request to retract its application for its Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund (ETF), initially filed with the United...
Bitcoin Foe Peter Schiff Shares His Comments on BTC After the Plunge
Peter Schiff, who made a splash in his statement following Grayscale’s victory against the SEC, saying that a Bitcoin Spot ETF would be negative for the BTC price, spoke again after the recent d...
Crypto Giant Discloses Impressive XRP and Bitcoin Holdings
OKX has Revealed that it Holds a Significant Amount of Bitcoin and XRP OKX second-largest crypto exchange in trading volume discloses proof-of-reserved (POR) report. According to POR report OKX holds ...
Bitcoin’s Recent 4% Drop: Whales at Play and Market Dynamics Unveiled
Bitcoin (BTC) has experienced a sharp drop of over 4% within 24 hours, relinquishing its gains after Grayscale’s legal victory. A closer examination of the factors influencing this retracement provide...
BlackRock’s Bitcoin ETF in Limbo: What’s Behind the SEC’s Latest Delay?
SEC delays ruling on spot Bitcoin ETFs, including BlackRock, Bitwise, VanEck, Fidelity, Valkyrie, Invesco Galaxy, and WisdomTree. Grayscale’s legal victory factors into the SEC’s delay. 45-day extensi...
Bitcoin Plunges To $26,000 As Miners Sell Big
Bitcoin has plunged towards the $26,000 level as on-chain data shows the Bitcoin mines have been participating in a selloff. Bitcoin Miner To Exchange Flow Has Spiked During The Past Day As pointed ou...
Bitcoin heads for red September, but analysts tip October as ‘days to watch’
Bitcoin investors may be in for a rollercoaster ride. While history shows September is typically a bumpy month for Bitcoin, two ETF analysts have suggested investors turn their gaze to mid-October as ...
Bitcoin holds steady amid surprising U.S. unemployment surge and dollar dip
Quick Take The recent rise in the U.S. unemployment rate from 3.5% to 3.8%, despite projections of it holding steady, has presented an intriguing scenario in the financial sector. This increase has oc...
Grayscale Wins in Court but SEC Delays All ETF Applications, BTC Pumps and Dumps $2K (This Week’s Crypto Recap)
After several weeks of lack of any major developments in the crypto industry, the past few days saw an increased number, mostly surrounding the potential launch of a spot Bitcoin ETF in the States. Na...
Bitwise: forecasting on Bitcoin – The Cryptonomist
Yesterday, the crypto company Bitwise published a very interesting analysis regarding the long-term forecasting on the price of Bitcoin. Bitwise’s analysis and forecasting Bitcoin’s price Many shor...
Bitcoin, Ether, XRP Slide As SEC Delays Decisions On Spot ETFs For All Applicants Including BlackRock ⋆ ZyCrypto
Advertisement     The Bitcoin price plunged below $26,000 today as optimism around the approval of a spot Bitcoin exchange-traded fund (ETF) filing was again postponed. On August 31, t...
Nonfarm Payrolls Shakes Fed’s Rate Hike Plans, BTC Stable At $26,000
Key Points: The US Federal Reserve closely watches Nonfarm Payrolls data to shape its monetary policy. Global stocks rise as markets anticipate a pause in rate hikes by the Federal Reserve. Bitcoin ex...
Bitwise Pulls Plug on Bitcoin and Ethereum Market Cap ETF Application
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surpris...
US SEC postpones ruling on 6 spot Bitcoin ETF applications
The United States Securities and Exchange Commission (SEC) has postponed its ruling on six spot Bitcoin exchange-traded fund (ETF) applications from WisdomTree, Invesco Galaxy, Valkyrie, VanEck, Fidel...
Bloomberg Analyst Highlights Strange Situation: SEC Doesn’t Show BlackRock Bitcoin ETF Delay Document on Main Page
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on several Bitcoin spot exchange-traded fund (ETF) applications, but one of them appears to be missing from the other ETFs se...
Bitwise Withdraws BTC & ETH ETF Application
Bitwise has unexpectedly withdrawn its application for the Bitcoin and Ethereum Market Cap ETF. Bitwise’s withdrawal timing raises concern, as its recent call for SEC approval of ETFs. Bitwise, a prom...
As BTC Price Dips Meme Coin Shiba V Pepe (SHEPE) Explodes
The Bitcoin price retracing its Grayscale pump on new bearish news of the SEC delaying all Bitcoin ETF applications hasn’t slowed down meme coin season. New meme coins are still launched on a daily ba...
You Can Earn Bitcoin by Playing Mobile Bubble Shooters—Here’s How Much
Bubble shooter (or popper) games have been a fan favorite dating back almost 30 years to Taito’s Puzzle Bobble (aka Bust-a-Move), and the genre has corralled a new generation of casual fans on mobile....
Whales Move Over $730,000,000 in Bitcoin, Ethereum and XRP – Here’s Where the Crypto’s Headed
Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets into and from centralized crypto exchange platforms as the king crypto falls below $26,000. New data f...
Bitcoin and Ethereum classified as commodities from NY court
According to a New York judge, both Bitcoin and Ethereum, the top two cryptocurrencies by market capitalisation, can be considered commodities due to their decentralized nature. This was ruled by the...
Bitcoin Surges above US$27.4k on Grayscale’s SEC Win
Bitcoin Skyrockets above US$27.4k Following Grayscale’s SEC Victory On Wednesday, cryptocurrency markets experienced upward trends. Bitcoin (BTC) surged by 5.5% to reach US$27,450, while Ethereum (ETH...
SEC Chair Predicts Approval of Bitcoin ETF is Inevitable!
The post SEC Chair Predicts Approval of Bitcoin ETF is Inevitable! appeared first on Coinpedia Fintech News US Securities and Exchange Commission (SEC) chairman Jay Clayton has declared that the appro...
Bitcoin Slides Back to $26K as Euphoria From Grayscale’s Win Fades: Santiment
Bitcoin (BTC) has slid back to the $26,000 price level, where it was before a U.S. court ruled in favor of digital asset management company Grayscale Investments in its lawsuit against the Securities ...