Key Points * Grayscale’s SEC victory led to a surge in Bitcoin prices but may not offer long-term benefits. * Market reactions to Grayscale’s moves have been inconsistent. * Grayscale̵...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin’s short-term HODL waves rise, signaling potential rejuvenation in market dynamics
Quick Take Recent data analysis has indicated a noteworthy trend within the Bitcoin market. Investors who have held Bitcoin for less than 155 days, identified as short-term HODL waves, are beginning t...
Grayscale Wins Appeal Against SEC to Convert Bitcoin Trust to ETF
A judge has ordered that the Securities and Exchange Commission’s (SEC) denial of Grayscale’s spot Bitcoin ETF application be reviewed, according to an opinion issued by the U.S. Court of Appeals for ...
Canaan Sells 6 EH/s of Bitcoin Miners as Profits Fall Sharply in Q2
Nasdaq-listed Chinese mining equipment manufacturer Canaan reported increased revenues in Q2, but its bottom line remains underwater. Its topline increased from $55.2 million in Q1 to $73.9 million in...
Angola wants to ban BTC mining
Angola wants to ban BTC block reward mining, citing the high energy consumption at a time when more governments are scrutinizing the sector. In July, Angola’s Cabinet signed off on a draft bill that b...
Bitcoin Ownership Decentralization Increases as New Investors Join the Revolution
New research shows that Bitcoin ownership is shifting from centralized to decentralized. There has been tremendous change, with less than one-fifth of all Bitcoins in circulation now held by investors...
New Crypto Breakthrough in Amsterdam and Political Support for Bitcoin
It is not every day that interesting events or conferences are held in the crypto market, and therefore it is especially important to talk about them. To ensure that all interested parties receive the...
Bitcoin Surges After Grayscale Wins Appeal Against SEC
The price of Bitcoin rose significantly Tuesday following word that the United States Court of Appeals for the DC Circuit sided with Grayscale over the U.S. Securities and Exchange Commission (SEC) in...
Grayscale Wins US SEC Lawsuit On Spot Bitcoin ETF
In a landmark judgment, a US Court of Appeals for the District of Columbia Circuit handed Grayscale a win against the Securities and Exchange Commission (SEC) in the lawsuit over converting the Graysc...
Bearish Analyst il Capo of Crypto Reveals His Targets After Bitcoin’s Latest Rally
Analyst il Capo of Crypto, known for his bearish views on the cryptocurrency market, evaluated the situation of Bitcoin after Grayscale’s victory over the SEC. Following the SEC’s refusal ...
Peter Schiff: Grayscale’s Bitcoin Spot ETF is Bearish for Bitcoin – Here’s Why
As the entire crypto community gets all into celebration mode over the recent Grayscale win against SEC, some experts have voiced their concerns. Peter Schiff, a name that needs no introduction in the...
US May See First Bitcoin Spot ETF as Grayscale Wins Suit Against SEC, BTC Gains $1400
Bitcoin trades at $27,749 as US Court orders SEC to review its decision to reject Grayscale’s spot Bitcoin ETF application. In a remarkable turn of events, the crypto market suddenly entered a bullish...
Bitcoin Price Analysis: BTC Recovery Faces Key Resistance
Bitcoin price started a recovery wave above the $26,500 resistance against the US Dollar. The price is now trading above $26,800 and the 55 simple moving average (4 hours). There is a major bearish tr...
Bitcoin Climbs Above $26,000, A Stronger Bounce Is Imminent?
The Bitcoin price trades close to the $26,000 level during today’s trading session, as it has since last week. However, new data points to a potential breakout out of the current range and into previo...
Michael Saylor Shares Important Bitcoin (BTC) Indicator
Arman Shirinyan Michael Saylor hints at potential upcoming reversal on Bitcoin Michael Saylor, CEO of MicroStrategy and a well-known Bitcoin advocate, recently shared an intriguing observation about B...
Grayscale’s Victory Against SEC Sends Bitcoin Prices Soaring
The cryptocurrency industry has secured a major legal victory with Grayscale Investments winning their lawsuit against the Securities and Exchange Commission (SEC). This has resulted in a price surge ...
Grayscale Bitcoin ETF decision: What’s at stake?
Alright, folks, let’s cut through the noise. With bated breath, the financial world watches Grayscale’s next move after the U.S. Court of Appeals gave the Securities and Exchange Commission (SEC) a lo...
Bitcoin’s Battle: Can It Overcome the $26,500 Barrier Amidst Rising Optimism?
The world’s leading cryptocurrency is at a pivotal juncture as it grapples with the formidable resistance zone at $26,500. Despite trading above $26,000 and maintaining its position above the 100-hour...
Bloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US
According to Bloomberg Intelligence, the highly-anticipated launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could occur right before Labor Day (September 4). The entity said t...
Is Bitcoin set to see wild volatility soon?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin saw a large drop in volatility in the pas...
El Salvador is No Longer the Top Bitcoin Adoption Country, Research Shows
A recent note from Ark Invest suggests that Argentina is ahead of El Salvador in terms of Bitcoin (BTC) adoption. The note, penned by research fellow David Puell, compares the two Latin American count...
Interlay Launches MVP of New Bitcoin Layer-2 BOB
The team behind decentralized Bitcoin infrastructure provider Interlay today unveiled the Minimum Viable Product (MVP) of its BOB (“Build on Bitcoin”) solution. BOB, which comes on the hee...
Court Gives Approval for Grayscale to Start a Spot Bitcoin ETF
The Court of Appeals for the D.C. Circuit had just granted Grayscale Investments’ petition to review a Securities and Exchange Commission (SEC) order. This ruling vacates the SEC order that had blocke...
Bitcoin Price Analysis: Bearish Reversal at 26187 – 29 August 2023
Bitcoin Price Analysis: Bearish Reversal at 26187 – 29 August 2023 Bitcoin (BTC/USD) retained a negative bias early in the North American session as the pair ran out of upward momentum around the 261...
Can Next Bitcoin Halving Push BTC Price To $148,000 By July 2025? Pantera Capital Thinks So ⋆ ZyCrypto
Advertisement     Pantera Capital has joined a growing roster of market commentators who are super bullish on the Bitcoin price ahead of next year’s mining reward halving event. The cr...
Grayscale ETF court win sparks Bitcoin price surge
Bitcoin enthusiasts and the entire financial market witnessed a pivotal moment this week as Grayscale triumphed in its legal battle against the Securities and Exchange Commission (SEC). This landmark ...
Bitcoin Bullish Signal: Exchange Netflow Remains Negative
On-chain data shows the Bitcoin exchange netflow has remained at negative values recently, which could play in the favor of the asset. Exchanges Have Been Seeing Net Bitcoin Outflows Recently An analy...
Court grants Grayscale’s petition for review in bitcoin ETF case against SEC
A three-judge panel for the DC Circuit Court of Appeals sided with Grayscale Investments in its battle against the Securities and Exchange Commission. The win by Grayscale on Tuesday comes after the f...
Bitcoin Hater Peter Schiff Makes His First Comment on Grayscale’s Victory Against the SEC: “It Could Drive BTC Price Down”
Economist Peter Schiff, who is frequently on the agenda with his anti-BTC statements, made a statement on Twitter after the outcome of Grayscale’s lawsuit against the SEC for rejecting the Bitco...
Hashdex aims for first US spot Bitcoin approval with novel filing
While industry giants like BlackRock and Ark have been scurrying to get the nod for their spot bitcoin ETFs, it’s Hashdex, a relatively lesser-known Brazilian asset manager, that has positioned itself...
Grayscale wins against SEC – Bitcoin pumps
The judge in the Grayscale vs SEC case has decided in favour of Grayscale. Once more the SEC is defeated in the courts over crypto-related judgements. BTC surges on the news As the news dropped on Twi...
Bitcoin Price Taps $28,000 On Grayscale Ruling, Soaring Stock Market
Bitcoin price has thus far made a 7% intraday move following news that a US court ruled in favor of Grayscale against the SEC. At the same time, the stock market is surging. Could a perfect storm for ...