Bitcoin and Ethereum are riding high near their yearly peaks as investors eagerly anticipate the possibility of an ETF approval, adding to the excitement and momentum of the cryptocurrency market. Bitcoin is making a strong comeback, reaching a price of nearly $38,000 per coin for the first time since April of last year. Ethereum, the ...
“The potential for a spot Bitcoin ETF is facing hurdles as BitGo CEO’s concerns over market structure cast doubt on its feasibility, adding more uncertainty to the cryptocurrency’s regulatory future.” It seems like the prospects of a Bitcoin ETF approval by the U.S. Securities and Exchange Commission (SEC) are a hot topic of discussion in ...
“Bitcoin and ether rally on ETF optimism, igniting expectations for a ‘crypto spring’ as investors anticipate increased mainstream adoption and regulatory clarity.” Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Bitcoin BTCUSD, -0.14% had another leg up this week, as Thursday marked the start of an eight-day window for the Securities ...
“Market jitters ensue as hopes for a Fed rate cut fade, casting a shadow on stock futures.” Stock futures on Wall Street slipped amid the year’s best rally as confidence fades that the Federal Reserve won’t hike interest rates again this year. Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) futures were both down ...
“Amidst global economic uncertainties, cryptocurrency values have experienced a remarkable rebound, fueled by growing institutional interest and increased adoption. With this momentum, the question arises: can these digital assets reclaim their previous peaks and reshape the financial landscape?” Mark Grubski, a baby boomer, defies stereotypes by being actively involved in cryptocurrency. Despite making investments at ...
“Ethereum coin price bounces back from its support level, igniting hope for a strong recovery and sparking curiosity among investors.” Ethereum, the open-source decentralized blockchain ecosystem, is experiencing a positive trend in the market. The ETH cryptocurrency has shown an uptrend with higher highs and has recently reversed after hitting a support level. Currently trading ...
“The inclusion of BlackRock’s bitcoin ETF in the eligibility file by DTCC, a reputable clearing house, marks a significant milestone in the mainstream acceptance of cryptocurrencies as legitimate investment assets.” Recently, there has been speculation surrounding BlackRock’s proposed bitcoin exchange-traded fund (ETF) and whether it will receive regulatory approval. Traders noticed that the ETF was ...
“BlackRock’s BTC ETF removal from DTCC list casts a shadow on Bitcoin’s pursuit of $35K, highlighting the volatility and challenges faced by the cryptocurrency market.” The recent disappearance of BlackRock’s Bitcoin ETF from the DTCC website has caused a decline in Bitcoin’s value. The ETF, which was expected to be the first of its kind, ...
“Bitcoin’s potential to hit $40k becomes increasingly realistic as 70% of current investors bask in profitable gains, sparking further optimism in its meteoric rise.” Bitcoin Price Insights, October 20, 2023 Bitcoin (BTC) price broke above $30,000 on Friday, October 20, 2023, erasing the losses that resulted from Cointelegraph’s false ETF approval news on Monday. The ...
