Tag: bitcoin news

Bitcoin ($BTC) finally broke past the $65K barrier to record a new all-time- high as the top cryptocurrency now looks to enter price discovery mode again. $BTC is currently trading at $66,000with a 5% surge over the past 24-hours. The top cryptocurrency now set eyes on $70K and looking at the current bullish momentum it might not The post Breaking: Bitcoin ($BTC) Smash Past...

First approved ProShares Bitcoin Futures exchange traded fund (ETF) saw a record trading volume exceeding $1 billion on its opening day on the New York Stock Exchange (NYSE) on Oct 19, making it the second largest ETF launch by first day trading volume, dwarfed only by...

Reading Time: 2 minutes Blockchain tracing firm Chainalysis has announced that it will add bitcoin to its balance sheet The company will use its relationship with NYDIG to buy the unstated amount of coins The company may also purchase other cryptocurrencies...

Australia's parliamentary committee on crypto-assets aims to bring concrete regulatory and policy changes to give a major push to the crypto industry in the country. The committee believes Australia needs a robust policy and regulatory changes to help it compete against the global leaders. The said committee released a draft report on 20th October outlining The post Breaking: Australian Parliamentary Committee Sets Guidelines...

Reading Time: 2 minutes Grayscale has teamed up with NYSE Arca to file for a spot Bitcoin ETF Grayscale had announced in April that it was planning to convert its Grayscale Bitcoin Trust into an ETF The company sees the ProShares Bitcoin futures as a stepping stone to a...

The first-ever Bitcoin Futures ETF by ProShares made its debut in the US on Tuesday on the New York Stock Exchange (NYSE) after months of speculations. The numbers and volumes that the $BITO ETF did on the first day surpassed many people's expectations and created many new records. Let's take a look at some of The post Bitcoin Futures ETF by ProShares Broke...

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We are just a few hours away from the launch of the first Bitcoin ETF from ProShares, but there's a new twist in the tale. Financial giant Invesco has decided to be out of the race while deciding it will not pursue it anymore. In a statement, the firm said: “We have determined not to The post Invesco Pulls Back Its Decision to...

The first-ever Bitcoin ETF from ProShares is all set to debut on New York Stock Exchange (NYSE) on Tuesday. The Bitcoin Strategy ETF that tracks the price of the Bitcoin Futures market would be the first of its kind to get the approval of the United States Securities and Exchange Commission (SEC) after years of The post Breaking: The First Ever Bitcoin Futures...

The New York State’s local businesses, labor groups, and several organizations have come together against allotting the city’s old fossil-fuel power plants to build crypto mining centers. The State’s Governor, Kathy Hochul received a letter from these businesses appealing to deny permits to transform the Greenidge Generating Station and the Fortistar North Tonawanda power plants The post New York State local businesses rally...

Brazilians’ zeal for cryptocurrencies was recently confirmed by their 2021 crypto purchases. The exclusive Central Bank report revealed that the nation’s residents have bought $4.2 billion worth of crypto since January 2021. The latest purchase was registered in the month of August, amounting to $496 million. However, the highest purchase of crypto actives was marked The post Brazil Central Bank Report: citizens purchased...

The world’s largest crypto asset management firm, Grayscale is reportedly going to file an application to the SEC to convert the world’s biggest Bitcoin fund into spot ETF this week according to an anonymous source from the firm. CNBC’s report revealed that the ETF application will also have a 75-day review period. According to the The post Grayscale to reportedly convert the World’s...

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Bitcoin price returns above $62,000 and nearly touches $63,000 for the first time since mid-April. As affirmed by the general technical picture, BTC is in the bulls’ hands; a break above $65,000 would quickly push BTC to $68,000. Bitcoin settled above $62,000 following an impressive run last week. The move allowed more bulls to join The post Bitcoin Price Prediction: BTC Return To...

The boosted rally that was recorded in the digital currency ecosystem in the previous week may become a source of a huge upshoot in the coming week. This speculation is being held dear by many crypto proponents on various social media platforms, as the rally that pushed the top coins may begin to materialize in The post Trailing Current Uptrends, Here Are the...

The long-awaited Bitcoin BTC ETF-Exchange Traded Fund is now approved by the US SEC, and it’s viewed as a positive development for the entire cryptocurrency market. Analysts suggest that the crypto market could see capital flowing in, with speculations around investors moving out of Gold ETFs into Bitcoin. Let’s analyze the BTCUSDT charts for insights The post BTC Price Analysis: Bearish Divergence Signal...

For many people, the Bitcoin price fluctuations are limitless. This post is all about the top 5 cryptocurrencies that performed well in the last seven days. At the time of writing this, the Bitcoin price is sitting at $60,952.56. The BTC price has increased by almost 10.4% in...

The cryptocurrency market has gone mainstream in 2021 attracting attention from not just institutional firms and billionaires but also from countries. First El Salvador created history by making Bitcoin a legal tender in the country which triggered a Domino effect leading to the likes of Paraguay, Argentina, and Panama also looking to legalize crypto use The post Breaking: Zimbabwe Finance Minister Says Impossible...

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