Bitcoin

US SEC Rejects SkyBridge’s Bitcoin ETF Application, Here’s Why

The introduction of the Bitcoin Spot Exchange-Traded Funds (ETFs) has been a pivotal development in the cryptocurrency market, but some ETF issuers have failed to respond to certain requirements, leading to the rejection of their application. SkyBridge’s Bitcoin ETF Application Gets Abandoned Amid the growing adoption of the Bitcoin spot ETFs, investment management firm SkyBridge […]

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Bitcoin

Bitcoin Hodlers Eye Long Term: $520 Million BTC Moved

Bitcoin (BTC) danced into uncharted realms this week, breaking barriers with a triumphant surge that pushed its value beyond the $73,000 mark. The cryptocurrency world, once again, finds itself in the midst of a thrilling price discovery phase, propelled by an amalgamation of bullish indicators and a notable shift in investor sentiments. Related Reading: Cardano […]

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Bitcoin ETF news

Bitcoin ETFs See Record $1 Billion Inflows, Price Hits News ATH

Yesterday, the Bitcoin price journey resembled a high-intensity rollercoaster ride, initially soaring past the $73,000 mark before encountering a tumultuous liquidation event. This event saw over $361 million worth of leveraged trades unwound, compelling the BTC price to retract sharply to below $68,300. The drastic price fluctuation primarily affected long position holders—investors who speculated on […]

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Cardano

Analyst Predicts 60% Rally In Next 7 Days

Optimism surrounds Cardano (ADA) despite some recent hiccups. ADA stands resilient, maintaining a positive outlook despite a 5% decrease over the past week. Currently priced at $0.75, ADA demonstrates a robust stance with a 24-hour trading volume of $1.14 billion and a market capitalization of $24 billion. Analyst Points To Promising Weekly Chart Trends Renowned […]

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Bitcoin ETF news

Bitcoin ETF ‘Floodgates’ Are Just Opening: Bitwise CIO

In a recent appearance on CNBC’s ‘Halftime Report,’ Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, shared insights into the burgeoning interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs). This discussion comes at a time when BTC has shattered expectations, reaching a new all-time high of nearly $72,500. Bitcoin ETF ‘Floodgates’ Are […]

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Bitcoin

Crypto Fever: Bitcoin Approaching $73,000 Milestone

Bitcoin has set a new record by surpassing $71,000, solidifying its status as the digital counterpart to gold and overtaking the market capitalization of silver. Bitcoin A Tad Close To $73K This achievement, occurring with remarkable frequency since early March, saw Bitcoin registering a new all-time high of $72,750 today, marking a 5% daily increase […]

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Bitcoin

Crypto Expert Reveals Why Bitcoin Could Hit $200,000 By April

A crypto analyst has forecasted Bitcoin’s price to surge to unprecedented highs ahead of the 2024 Bitcoin halving event scheduled for April. The cryptocurrency has already been experiencing significant gains, surpassing its previous all-time high to trade above $70,000.  Bitcoin’s Path To $200,000 In a recent X (formerly Twitter) post, crypto analyst, Gert van Lagen […]

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