The long-awaited verdict on the Ark 21Shares Bitcoin ETF has been, yet again, put on hold by the U.S. Securities and Exchange Commission (SEC). But what’s truly behind this decision, and does it signa...
Category: Bitcoin
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SEC could make or break bitcoin ETF dreams in September – who’s up next?
Various ETF nerds, crypto bulls and fund group executives likely had Aug. 13 circled on their calendars. But those waiting for a spot bitcoin ETF can now look ahead to the first couple days of Septem...
Dogecoin, Shiba Inu, ApeCoin, PEPE Decouple From Bitcoin?
Crypto News: Altcoins Dogecoin (DOGE), Shiba Inu (SHIB), ApeCoin (APE), and PEPE Coin have been showing strong resilience away from the Bitcoin correlation, in what could be a sign of increased market...
Tokenizing gold on Bitcoin and new USD/EUR stablecoins: CoinGeek Weekly Livestream
On the 26th episode of the CoinGeek Weekly Livestream season three, host Kurt Wuckert Jr. talked to Garrett Krause about his plans to tokenize gold on the BSV blockchain. The interview also featured a...
Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
After the Aug. 11 Bitcoin ETF decision delay, BTC’s boring price action looks set to carry on through the weekend. Bitcoin continues to frustrate investors with its tight-range consolidation, giving n...
Crypto-friendly Bank Custodia Expands Services With Bitcoin Custody
Caitlin Long argues that banks, as regulated custodians, are essential. Custodia, as per the company’s Twitter, is now only accessible to businesses. Custodia stated on Friday that it is now taking de...
US gov’t debt downgraded — Huge news for Bitcoin?
On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According to Pechman, this change signaled diminish...
Can Bitcoin close the week above US$29,300?
Bitcoin rose 0.79% from Aug. 4 to Aug. 11 to US$29,362 as of 7:20 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization briefly rose above US$30,000 twice this week, be...
Bitcoin Miner Stronghold Digital Releases Q2 Results
The Bitcoin mining firm Stronghold Digital has unveiled its financial and operational results for the quarter ending June 30, 2023. The update comes as the firm faces fierce legal troubles and a worri...
Celsius App to Shut Down, Firm Identifies PayPal for BTC Distribution
Celsius is shutting down its app within 90 days. The company plans to provide creditors with significant recoveries in Bitcoin. The projected distribution amount is approximately $2.03 billion. Celsiu...
Bitcoin ETF could be approved today, analyst claims
Eager anticipation builds in the crypto sector as a pivotal decision on the ARK 21Shares Bitcoin ETF approval is expected by Aug. 12. The crypto community awaits the next step in Bitcoin (BTC) exchang...
SHIB, APE, PEPE Jump 8% Daily, Bitcoin Maintains $29K: Weekend Watch
Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, ...
Bitcoin Spark to offer easy mining solutions powered by smartphones
What is Bitcoin mining? Bitcoin mining refers to the method through which fresh bitcoins are introduced into circulation. This process is not only crucial for maintaining and developing the blockchain...
Celsius App Closes, PayPal for BTC Distribution
Table of contents Celsius Application to close down after 90 days due to cash flow issues Celsius, the bankrupt spearheading crypto loaning stage, as of late delivered its updated divulgence articulat...
SEC decision on Bitcoin ETFs won’t leave out Wall Street giants
The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot Bitcoin exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will com...
SEC delays ruling on proposed bitcoin ETF by Ark, 21Shares
The Securities and Exchange Commission on Friday did not say yes to the spot bitcoin ETF proposed by Ark Invest and 21Shares. It also didn’t say no. The SEC in a filing said it would “institute proc...
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
Bitcoin traders are currently not pleased with the recent price trends, especially due to the inability of the price to surpass the $30,500 mark over the last four weeks. This frustration is compounde...
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
The United States Securities and Exchange Commission has delayed a decision on approving or disapproving the spot Bitcoin (BTC) exchange-traded fund (ETF) proposed by ARK Investment Management. In an ...
Will Bitcoin’s price turn volatile soon?
If short-term holders enter the accumulation phase, BTC’s price might witness an uptick. The derivatives market metrics remained bearish. Bitcoin’s [BTC] price has moved sideways for multiple weeks ...
Bitcoin Volume Slide Draws ‘Black Swan’ Author’s Grave Warning
Bitcoin (BTC) has once again found itself under the spotlight, this time because of an ominous warning from renowned author Nassim Nicholas Taleb, best known for his work “The Black Swan.” The author,...
Libbitcoin vulnerability leads to $900k theft from Bitcoin wallets
A vulnerability in the Libbitcoin Explorer 3.x library has led to the theft of over $900,000 from Bitcoin users. Blockchain security firm SlowMist reported the issue. 🚨SlowMist Security Alert🚨 Recentl...
Two Catalysts Will Catapult Bitcoin by Up to 410%, Predicts Hedge Fund Veteran Mark Yusko – Here’s His Outlook
Morgan Creek Capital founder Mark Yusko is naming two catalysts that could send the price of Bitcoin (BTC) flying to fresh all-time highs. In a new Kitco News interview, Yusko says that Bitcoin will l...
Ark’s Bitcoin ETF to Get SEC Response Today, Possible Delay Likely Priced In: Alex Kruger
Yuri Molchan Economist Alex Kruger believes that crypto prices will surge regardless of SEC decision on ARK’s Bitcoin ETF Economist and trader Alex Kruger has taken to the X app (formerly known ...
AKT up +13.74%, BTC -0.18%, Shiba Inu is The Coin of The Day – Daily Market Update for Aug 12, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap increased from $ 1.19T to $ 1.19T in the past 24 hours, representing a 0.00% change The Bitcoin price at press time is $ 29,409 after falling by -0....
Senator Lummis Backs Coinbase, Affirms ‘Bitcoin is Here to Stay
Senator Cynthia Lummis, a vocal advocate for cryptocurrencies, continues her push for transparent and balanced crypto regulations that foster innovation and safeguard consumers. She aims to establish ...
Bitcoin: Futures market shows affinity for stablecoin collateral
There was a decisive shift in favor of stablecoin-margined BTC contracts. Owing to BTC’s recent losses, short position traders swung into action. Bitcoin’s [BTC] futures market has exhibited rapid gro...
Why the SEC Delayed This Bitcoin ETF Decision
The United States Securities and Exchange Commission (SEC) has postponed reviewing the Ark 21Shares Bitcoin exchange-traded fund (ETF) application. This action is part of a broader trend, as the regul...
SEC to Announce Major Bitcoin ETF Decision Tomorrow
Alex Dovbnya The SEC is on the brink of making a pivotal announcement regarding Bitcoin ETFs tomorrow The Securities and Exchange Commission (SEC) is poised to announce a significant decision concerni...
SEC Pumps Brakes on ARK 21Shares Bitcoin ETF
The U.S. Securities and Exchange Commission has delayed its decision on the high-profile spot Bitcoin exchange-traded fund application from ARK 21Shares. In a Friday filing, Wall Street’s top re...
This E-Gaming Company Earmarks $5M for Bitcoin, Ether Purchases
Prominent Hong Kong-based e-gaming player – Boyaa Interactive International Limited – announced that its board of directors has approved a budget of $5 million to purchase cryptocurrencies. Informing ...
Cryptocurrency Market Grapples with Mixed Performance as BTC Flirts with $30K
BTC’s Fragile Surge and Market Slowdown The cryptocurrency market has lately been a terrain of fluctuating fortunes, showcasing a blend of brief victories and stark declines across various tokens. In ...
SEC Seeks Fresh Comments on ARK Invest & 21Shares Bitcoin ETF: Are Applications at Risk of Rejection?
In a recent move, the U.S. Securities and Exchange Commission (SEC) has widened the arena for stakeholder engagement on pivotal crypto matters. Today, the SEC has invited the public to provide “writte...