Exchange-traded fund (ETF) analysts have dispelled rumors that spot Bitcoin funds will be backed by ‘paper Bitcoin’ or fractional reserves. Instead, they will be fully backed by the asset itself, which means issuers will need […]
The creditors of the defunct cryptocurrency exchange Mt. Gox have reportedly begun to receive payments of their claims ten years after the platform collapsed due to insolvency. According to several posts and comments on Reddit, […]
Crypto markets are starting to cool, and the Bitcoin price has failed to breach stubborn resistance above current prices. Moreover, a technical signal that has appeared in previous cycles also indicates that a local top […]
CryptoQuant’s recent analysis points to an interesting trend in the crypto market, specifically the overheating of the Korean premium. The high values of the Korean premium are interpreted by the on-chain intelligence firm as a […]
The United States Securities and Exchange Commission (SEC) has revealed a crucial date for the process of approving Bitcoin Spot Exchange-Traded Funds (ETFs) for applicants which are anticipated to launch in January 2024. Deadline For […]
BTC’s recent bullish streak hinges on expectations of a spot Bitcoin ETF (exchange-traded fund) approval. But now it faces a potential setback as Bitcoin whales enter a redistribution regime. On-chain data suggests there is a […]
TL;DR Bitcoin’s Recent Surge: Bitcoin’s value increased from around $16,500 to nearly $44,000 this year, with predictions of a strong year-end based on historical Q4 performances. SEC’s Pending Decision: The US SEC’s decision on spot […]
As the Spot Bitcoin ETF approval date draws closer, asset management companies like BlackRock are getting ready for the potential launch of its Spot Bitcoin ETF. BlackRock has already initiated plans for its seed fund […]
The crypto industry is anticipating the approval of a spot Bitcoin ETF (exchange-traded fund) in the United States. However, a major industry leader believes that the success of such financial products might lead to the […]
Fox Business anchor Charles Payne is a Bitcoin (BTC) investor – and he sees the price of one coin potentially soaring to $1 million. In a newly published interview, the financial program host weighed the […]
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