Pro-XRP lawyer John E Deaton has responded to the recent U.S. Securities and Exchange Commission (SEC) decision to delay the approval of a Bitcoin exchange-traded fund (ETF) by global asset manager Bl...
Category: Bitcoin
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Bitcoin price could hit $100k without U.S. spot ETF approval, says crypto fund CIO
Alistair Milne, the chief investment officer of Altana digital currency fund, said Bitcoin (BTC) does not need the U.S. to approve a spot exchange-traded fund (ETF) for its value to reach $100,000. In...
No Internet? You Could Still Use Bitcoin on the Lightning Network
No access to the internet? In addition to not being able to browse tweets or the latest heart-melting cat eating corn on the cob video, lack of a connection means users can’t make Bitcoin paymen...
Grayscale CEO Indicates Bidding For Bitcoin Spot ETF
Grayscale aka Grayscale Bitcoin Trust is the go-to place for many to buy and manage BTC. Since its launch, the platform has been known for facilitating crypto investments. Moreover, it helps the crypt...
Learn why Ethereum and Bitcoin Spark are the Best Crypto for Smart Contracts
A smart contract is a consensus or agreement on the distributed ledger networks executed in autonomy after a set of predetermined conditions prevail. These automated agreements greatly influence busin...
SEC Delay Of Bitcoin ETF Decision Triggers ETH Whales Sell-Off
Key Points: Whale sells 18k ETH worth $29.4M after SEC delays Bitcoin ETF decision. 0x1E7F borrows $11.6M, repays loan and could have made $0.8M in profit. Lookonchain reports whale affected by FOMO, ...
This Metric Hinted At The Bitcoin Retrace In Advance
The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally wouldn’t last too long. Bitcoin Stablecoins Supply Hasn’t Moved Much Recently An analyst in a CryptoQ...
SEC Punts on Bitcoin ETFs, Including BlackRock, Fidelity and More
The Securities and Exchange Commission (SEC) has said it needs a “longer period” to evaluate several spot Bitcoin ETF applications, including those of BlackRock, Wisdom Tree Funds, Invesco...
Bitcoin (BTC) Targets $30,000 Now, IntoTheBlock Says, But There’s a Catch
Yuri Molchan Leading global digital currency may soon reach $30,000 level, recent report claims, unless the following happens A recently published tweet by the IntoTheBlock agency reveals data about w...
10 Best Bitcoin & Crypto Casinos in 2023 for Highest Payouts and Bonuses
SPONSORED POST* More bonus money, bigger payouts, and faster transactions – cheaper, too! That’s just a few of the reasons you should be signing up at the best Bitcoin casinos. To keep you safe and en...
Former SEC Chairman Jay Clayton Talks About Bitcoin Spot ETFs: “Eventually Adopted”
Jay Clayton, former chairman of the US Securities and Exchange Commission (SEC), expressed his belief that the regulator will eventually approve a spot Bitcoin exchange-traded fund (ETF). Clayton̵...
SEC delays at least 3 bitcoin ETF decisions
The US Securities and Exchange Commission on Thursday said it needs more time to decide the fate of the spot bitcoin ETFs proposed by WisdomTree, Valkyrie and Invesco — bumping back a decision on the ...
Bitwise makes surprise ETH and BTC Market Cap ETF application withdrawal
Bitwise Trust Fund has withdrawn its application for a Bitcoin and Ethereum Market Cap Weight Strategy exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC). Per its withdr...
Grayscale Bitcoin Trust Investors Who Bought December Dip Are Up 137%
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...
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...