The Forecast for Bitcoin Price in 2024 In November 2023, six AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin's trading value reached $47,000, coinciding with the approval of 11 spot bitcoin exchange-traded […]
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Coinshares Strengthens US Footprint Coinshares International Limited has recently announced its acquisition of Valkyrie Funds LLC, a digital asset manager based in the United States. This strategic move by the Saint Helier company comes in response to the approval of Valkyrie's spot bitcoin exchange-traded fund (ETF). Coinshares' Key Acquisition On January 12, 2024, Coinshares revealed
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Robert Kiyosaki Increases Bitcoin Holdings After SEC Green-Lights Spot BTC ETFs Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned about the U.S. economy, particularly the threat
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Lawmakers Demand Briefing on SEC's Compromised X Account Four U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, demanding a briefing on the SEC's compromised X account. The breach resulted in a false tweet announcing the approval of bitcoin exchange-traded funds (ETFs) on January 9. The official X
SEC Investigates X Account Breach, Lawmakers Demand Answers Read More »
Spot Bitcoin ETFs Get Green Light The U.S. Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on major U.S. stock exchanges. This development comes after years of anticipation and regulatory challenges. Starting Thursday, these approved spot bitcoin ETFs will be available
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The Bitcoin Price Prediction Renowned author and Rich Dad Poor Dad co-author, Robert Kiyosaki, has made a bold prediction about the price of bitcoin. He firmly believes that the price of the leading cryptocurrency will reach $150,000 in the near future. This comes as the U.S. Securities and Exchange Commission (SEC) has given its approval
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Introduction Coinbase recently released its 2024 Market Outlook report, followed by an analysis from its institutional arm. The analysis focuses on the impact of two leading cryptocurrencies, bitcoin and ethereum, and provides insights into key market happenings that will shape the future direction of these digital currencies. Coinbase Institutional Study Coinbase Institutional, in collaboration with
Coinbase Report Analyzes 2024 Bitcoin Halving and Ethereum’s Cancun Upgrade Impact Read More »
Introduction After a long wait, spot bitcoin exchange-traded funds (ETFs) have finally received approval to commence trading on U.S. stock exchanges. The U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin ETFs, which will be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the
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Bitcoin's Stagnant Response to SEC's ETF Approvals In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin exchange-traded funds (ETFs), much to the delight of cryptocurrency enthusiasts. However, despite this momentous regulatory decision, the price of bitcoin has remained stagnant over the past 24 hours.
Bitcoin’s ETF Approvals Fail to Excite, Ethereum Surges Read More »
Following the recent approval of spot bitcoin exchange-traded funds (ETFs), SEC Chairman Gary Gensler issued a statement to clarify the regulator's position on bitcoin and cryptocurrency. Gensler emphasized that the approval of spot bitcoin ETFs should not be interpreted as an endorsement of bitcoin itself. Background The SEC had previously disapproved more than 20 exchange
SEC Chairman Gary Gensler Clarifies Stance on Bitcoin and Spot Bitcoin ETF Approvals Read More »