#bitcoin

Grayscale is actively seeking the green light from the U.S. Securities and Exchange Commission (SEC) to convert Bitcoin Trust (GBTC) into a spot Bitcoin ETF. As anticipation grows for SEC approval of spot Bitcoin ETF filings, Grayscale aims to dispel the confusion surrounding the tax implications for GBTC shareholders. In a recent twist, a Bloomberg […]

Bitcoin has staged a strong recovery over the past few days from a significant retracement and has already broken through several key areas of resistance. With the end of 2023 ahead, the crypto space is cluttered with predictions over Bitcoin’s performance in 2024. Ryan Rasmussen, a research analyst working for Bitwise, has gathered next year’s […]

El Salvador’s much-anticipated Bitcoin bonds, colloquially known as “Volcano Bonds,” have obtained regulatory approval for issuance in early 2024. The Digital Assets Commission of El Salvador approved the Volcano Bond on December 11, marking a crucial step in the country’s crypto-centric financial initiatives. 🚨BREAKING NEWS🚨 The Volcano Bond has just received regulatory approval from the […]

Binance, the world’s largest cryptocurrency exchange, has terminated support for Russian Ruble (RUB) (P2P) trading pairs, including popular cryptocurrencies like Bitcoin and Ethereum. This move, disclosed on December 11, comes after Binance agreed to offload its recently established business operations in Russia to CommEx, a strategic decision influenced by mounting regulatory pressures. The official announcement […]

BlackRock, the world’s largest asset manager and a frontrunner in the Bitcoin exchange-traded fund (ETF) race, has voiced concerns regarding the potential classification of Bitcoin as a security by the U.S. Securities and Exchange Commission (SEC). In an update to its ETF filing, BlackRock emphasized potential challenges if regulators deemed Bitcoin a security. The firm […]

Bitcoin enthusiasts brace themselves as Reflexivity Research co-founder Will Clemente predicts an impending correction in the cryptocurrency’s price. Clemente suggests a sharp downturn is on the horizon, aimed at shedding the market of overly leveraged and “greedy” investors. This price action recently has been awesome, but friendly reminder that there will be sharp corrections along […]

The U.S. Securities and Exchange Commission (SEC) is gearing up for a pivotal decision on Ark Investment’s application for a spot bitcoin (BTC) exchange-traded fund (ETF), with a deadline set for January 10, 2024. Ark Investment, a prominent Florida-based asset management firm, recently updated its S-1 filings with the SEC on December 2, 2023, as […]

Bitcoins have hit an all-time high TVL of about $315 million, which exceeds the value of $256 million that was kept locked during the month of November last year. As per Crypto Rank data, Bitcoin is not an ordinary DeFi platform. Thus, this achievement stands out. TVL on Bitcoin Hits All-Time High 🔥 Due to […]

Bitcoin’s recent surge beyond $42,000 ignites discussions about a potential supercycle, with enthusiasts eyeing a lofty $500,000 target. According to a Monday report from Bloomberg, this surge has caught the attention of both Wall Street and the digital assets community, signaling a new monetary order. Moreover, throughout the industry, experts have offered a wide spectrum […]