#bitcoin

JPMorgan: Spot Bitcoin ETFs May Draw Billions from Other Cryptos
Bitcoin

JPMorgan: Spot Bitcoin ETFs May Draw Billions from Other Cryptos

The U.S. Securities and Exchange Commission (SEC) has finally given the green light for the first spot on bitcoin ETFs, an event many within the crypto industry have long hoped would occur. However, according to JPMorgan, multinational financial services, the market reaction has been subdued as investors are better aware of inflows going into these new […]

Jan. 16, 2024
Bitcoin Sparks Dollar Concerns: Morgan Stanley Alert
Bitcoin

Bitcoin Sparks Dollar Concerns: Morgan Stanley Alert

Bitcoin’s rise has Morgan Stanley’s head of digital assets, Andrew Peel, warning of a potential seismic shift with far-reaching implications for the U.S. dollar’s global dominance. In a note dated Jan 12, Peel expressed concern about a potential “paradigm shift” in the perception and use of digital assets, such as Bitcoin, currently valued at $42,760. […]

Jan. 16, 2024
Bitcoin Bulls: Experts Forecast Soaring to $500K on ETF Approval
Bitcoin

Bitcoin Bulls: Experts Forecast Soaring to $500K on ETF Approval

Crypto trader Ash Crypto is optimistic about Bitcoin’s future, projecting a surge to $500,000 with the recent approval of spot Bitcoin exchange-traded funds (ETFs). According to Ash Crypto, comparing BTC to gold, the precious metal’s market cap soared from $2 trillion to $16 trillion in just a few years after the approval of gold ETFs. […]

Jan. 15, 2024
SEC Greenlights First Spot Bitcoin ETFs Amid Market Controversy
Bitcoin

SEC Greenlights First Spot Bitcoin ETFs Amid Market Controversy

The U.S. Securities and Exchange Commission (SEC) finally green-lit the launch of the first regulated spot Bitcoin exchange-traded funds (ETFs). This was following the false announcement placed on the official Twitter account of the SEC, causing only temporary havoc in the markets. According to an official SEC press release dated January 10th, the Commission has […]

Jan. 11, 2024
Bitcoin ETF Approval Sparks Cheers and Critiques in Crypto
Bitcoin

Bitcoin ETF Approval Sparks Cheers and Critiques in Crypto

The United States crypto market recently witnessed widespread jubilation following the long-anticipated spot Bitcoin Exchange-Traded Funds (ETFs) approval. However, the elation was not universal, as dissenting voices, including SEC Commissioner Caroline Crenshaw, raised critical concerns. On Jan 10, Commissioner Crenshaw, one of two commissioners voting against the approval, issued a statement expressing her reservations. She […]

Jan. 11, 2024
Standard Chartered Predicts $200K Bitcoin by 2025 with ETF Approval
Bitcoin

Standard Chartered Predicts $200K Bitcoin by 2025 with ETF Approval

The bank made the forecast based on its expectation that spot Bitcoin ETFs could see inflows between $50-100 billion next year. Multinational bank Standard Chartered forecasts that Bitcoin (BTC) could reach nearly $200,000 by the end of next year should Bitcoin exchange-traded funds gain approval and prove successful in the United States. On this basis, […]

Jan. 9, 2024
ARK Invest Sells Additional $20.6M Coinbase Shares To Rebalance ETF
Crypto

ARK Invest Sells Additional $20.6M Coinbase Shares To Rebalance ETF

ARK Invest, the renowned investment firm led by Cathie Wood, sold a further $20.6 million worth of Coinbase (COIN) shares on Jan. 5 across three of its exchange-traded funds (ETFs). The company offloaded a total of 133,823 COIN shares, which closed last week at $153.98. On Jan. 8, ARK Invest shared its trades for Jan. […]

Jan. 8, 2024
SEC Renewed Crypto ‘FOMO’ warning Amid Optimism for Bitcoin ETF Approval
Bitcoin

SEC Renewed Crypto ‘FOMO’ warning Amid Optimism for Bitcoin ETF Approval

The United States Securities and Exchange Commission (SEC) reissues a warning that highlights the risks attached to FOMO (Fear of Missing Out) crypto investing due to growing anticipation around the potential approval of spot Bitcoin exchange-traded funds (ETFs). In a January 6 post on X (formerly Twitter), the SEC’s Office of Investor Education again cautioned […]

Jan. 8, 2024
Chainlink Alert and Bitcoin’s 2024 Rally Forecast
Crypto

Chainlink Alert and Bitcoin’s 2024 Rally Forecast

Crypto analyst Rekt Capital is sounding the alarm for an Ethereum-based altcoin, Chainlink (LINK), suggesting a possible nosedive after breaching a crucial level. With a follower base 384800 on the social media platform X (Twitter), Rekt Capital observes that LINK has fallen below the diagonal support in an ascending channel chart pattern. The analyst highlights […]

Jan. 8, 2024