Bitcoin has bounced back from its losses in 2022, reaching a new annual high and exhibiting indications of a robust year-end. Looking at past trends, it seems like there may be more growth ahead. This month, BTC reached a new year high of more than $44,000, recouping most of the
The United States Securities and Exchange Commission (SEC) has unveiled crucial updates on the eagerly anticipated approval process for spot Bitcoin exchange-traded funds (ETFs). The approval, expected in January 2024, has heightened speculation about the future trajectory of Bitcoin. The SEC has disclosed that the initial wave of potential spot
The cryptocurrency market is now experiencing an upswing due to the upcoming halving and the anticipation of a spot Bitcoin ETF. Surprisingly, Bitcoin has emerged unscathed from its 2022 slump, adding almost $530 billion to its market valuation with a 160% increase in value this year. There has been a
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA), two of Hong Kong’s financial regulatory agencies, have made headlines in the cryptocurrency spot ETF market with their announcement. The SFC and the other relevant authorities have announced their intention to begin accepting applications to authorize VA
As the festive season approaches, the crypto market often exhibits unique trends. Historical data suggests a mix of bullish, bearish, and neutral movements during this period, known as the “Santa Claus rally.” This rally, influenced by holiday optimism and lower trading volumes, has been observed in traditional stock markets and
The widespread speculation that a Bitcoin Spot ETF is soon to be approved seems to be pumping investors’ optimism. Industry sentiment is becoming stronger as several industry professionals and organizations have said that the SEC might approve a Bitcoin Spot exchange-traded fund (ETF) as early as January 2024. The widely
Investors are waiting impatiently for the U.S SEC’s decision on spot Bitcoin ETFs as the clock ticks down to their expected approval. Many are keeping their fingers crossed for a satisfactory resolution before the deadline, which would have far-reaching consequences for Bitcoin and the cryptocurrency market overall. Michael Saylor, executive
With a profound understanding of the blockchain industry and a proven track record of successful investments in Ethereum, Fantom, block.one, Cosmos, Polkadot, and more, billionaire investor Stelian Balta is recognized for his strategic insights and contributions to the growth of the blockchain ecosystem, boasting over 150 investments in the space.
Ripple has been added to the group of registered Virtual Asset Service Providers (VASPs) by the Central Bank of Ireland (CBI), marking yet another foothold for the firm outside the U.S. The business has announced that its Irish subsidiary, Ripple Markets Ireland Limited, has been added to the list of
Three new Digital Funds are now available direct-to-consumers through WisdomTree’s personal finance app NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the launch of three new Digital Funds, each leveraging research insights from Professor Jeremy Siegel, Senior Economist to WisdomTree and Emeritus Professor of Finance at
