Tue, November 19

Investors Optimistic Over Spot Bitcoin ETF Options Launch in US Today

As per industry executive Joe Consorti, more liquidity could attract a new wave of institutional and individual investors. Making the impending launch of spot Bitcoin exchange-traded fund options in the US a potentially monumental event. According to a video published on X on November 19 by Consorti, head of growth

11 hours ago 2 mins read

Is Bitcoin Ready to Hit $100K with the US Support?

Bitcoin (BTC) has turned into a crucial digital asset to watch after reaching an all-time high of $93,434 on November 23, 2024. Following nine consecutive days of record-breaking highs, the flagship cryptocurrency has now settled above $91,500, maintaining steady momentum despite struggling to break past the $92,600 resistance level. This

15 hours ago 2 mins read

MicroStrategy Adds 51,780 Bitcoin for Whopping $4.6 Billion

An 8-K filing with the Securities and Exchange Commission (SEC) on Monday revealed that business intelligence company MicroStrategy, a corporate bitcoin holder, purchased an extra 51,780 bitcoins for almost $4.6 billion, with an average price of $88,627 per bitcoin, between November 11 and November 17. It follows the selling of

November 18, 2024 1 min read

Bitcoin Miner MARA Unveils $700M Convertible Notes Offering

Bitcoin Miner MARA Holdings has announced a private offering of convertible senior notes with a maturation date of 2030, with a plan to raise $700 million. The notes, which come with an option to buy an extra $105 million, are available to eligible institutional purchasers. The funds will go toward

November 18, 2024 2 mins read

Spot Bitcoin ETFs See $1.67B Weekly Inflows Amid Bitcoin’s Record Rally

With the cryptocurrency markets surging once again, spot Bitcoin exchange-traded funds (ETFs) resumed their upward pace and had another good week. Data from the crypto monitoring platform SoSoValue shows that spot Bitcoin ETFs saw six weeks of positive flows, with net inflows of $1.67 billion during the trading week of

November 18, 2024 1 min read

Polish Presidential Candidate Vows to Create Strategic Bitcoin Reserve

Similar to a pledge made by US President-elect Donald Trump throughout his campaign, Polish presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve upon his victory in the next election. When asked on November 17 if he would think about creating a Bitcoin reserve, Mentzen said in a

November 18, 2024 2 mins read

Can Bitcoin Overcome Sell Pressure to Hit $100K?

Bitcoin (BTC), which hit an all-time high of $93,265 five days ago, is currently trading at $90,659.66, reflecting a modest 0.29% daily increase. Despite a 12% weekly gain, its trading volume has dipped by 4%, hinting at a slowdown in momentum.   Meanwhile, Renowned crypto analyst Ali has issued a cautionary

November 18, 2024 2 mins read

The CFTC Approves Spot Bitcoin ETF Options for Listing

The United States Commodity Futures Trading Commission (CFTC) has taken a big step toward introducing spot Bitcoin exchange-traded fund (ETF) options. This decision removes a key regulatory barrier, with analysts predicting that these products could soon be available to investors. CFTC’s Announcement On November 15, the CFTC announced that its

November 16, 2024 3 mins read

Goldman Sachs Reveals $710M Bitcoin ETF Holdings

Goldman Sachs, one of the world’s largest investment banks, has disclosed $710 million in (ETF) holdings in its latest filing with the U.S. Securities and Exchange Commission (SEC). This marks a significant 70% increase in Bitcoin ETF investments since the previous quarter, reflecting the bank’s growing confidence in the cryptocurrency

November 15, 2024 2 mins read

Will Bitcoin Extend Its Drop or Hit $100K Target?

After maintaining a 9-day consecutive bullish streak, Bitcoin (BTC) drops over 5.87% in the last 24 hours, falling from a peak of $91,765 to an intraday low of $86,682. However, the flagship cryptocurrency is currently attempting to recover from earlier losses during Asian trading hours. At the time of writing,

November 15, 2024 2 mins read