Valkyrie Investments has recently filed its fourth amendment with the United States SEC in order to create a spot Bitcoin ETF in the U.S market. In spite of setbacks in the past, this action shows that Valkyrie is still dedicated to navigating regulatory obstacles. The firm’s unwavering stance in this
The Bitcoin halving event, which occurs approximately every four years, has always been a focal point for cryptocurrency enthusiasts, traders, and investors. Historically, these events have been accompanied by significant price movements and have left an indelible mark on the crypto landscape. As we approach the 2024 halving, the big
After a few days of intense selling pressure, the whole cryptocurrency industry rose in the last day. Bitcoin saw a precipitous fall all the way to about $40,500 on December 12 after breaking above $44,000 last week. Nonetheless, Bitcoin’s price increased and is now hovering around the $43,000 level. A
Bitcoin, the leading cryptocurrency by market capital, has been a pivotal force over the past week, reaching $44,705—an unprecedented peak in nearly two years. However, the recent two-day spell marked a slight volatility, causing the price to fluctuate within the $42,000 to $40,000 range. Today, BTC has surged by 5%,
ChainGPT’s AI-powered trading assistant is now live. Crypto traders and investors can stop the tedious process of manually examining charts, indicators and seeking for patterns. ChainGPT unveiled a mathematical AI model that can analyze charts, find patterns, and do technical analysis, among other things. ChainGPT recently announced the release of ChainGPT AI Trading Assistant, a
Earlier this week, Bitcoin (BTC) surged past $42,000 to a 19-month high, sparking new price bets. Prominent financial figure Bloomberg predicts that Bitcoin is on a long-term rally towards $500,000. According to their report, “Bitcoin topping $42,000 is just the start of a fresh crypto supercycle that will push the
U.S Senator Elizabeth Warren has been an outspoken opponent of the crypto sector, and she has now introduced a bill to make it more subject to regulation. Titled the “Digital Asset Anti-Money Laundering Act of 2023,” the measure requests that the United States Financial Crimes Enforcement Network (FinCEN) establish protocols
The long-awaited Bitcoin bonds from El Salvador, dubbed “Volcano Bonds,” are reportedly set to emerge in early 2024, according to reports. A statement from The National Bitcoin Office (ONBTC) dated December 11th said that the Volcano Bond is expected to debut in the first quarter of 2024, after recently being
Reuters reported on Monday that investment firm Goldman Sachs revised its prediction for the first interest-rate decrease by the Federal Reserve from Q4 to the Q3 of next year. This change occurs at a time when the cryptocurrency market as a whole, and bitcoin in particular, have been experiencing a
The South Korean Financial Services Commission (FSC) has outlined rules for the passage of the Virtual Asset User Protection Act. These rules, which are expected to take effect on July 19, 2024, are an attempt to create a trustworthy virtual asset market and a safe environment for consumers. Notable exceptions
