Matrixport Sees Discounted Crypto Stocks as Better Investment than Bitcoin
Matrixport still maintains a positive outlook for BTC even as the US SEC has delayed a decision on the seven applications for spot Bitcoin ETF on its desk.
Bitcoin News
Stay up-to-date with the real-time Bitcoin (BTC) market news including trading updates, price forecasts, analytical insights, expert analyses and much more
BIS Chief Urges Countries to Establish Legal Frameworks for CBDCs
According to the report, in some countries, central banks are directing their attention toward wholesale CBDCs, which are designed to facilitate the settlement of interbank transfers and other wholesale transactions.
Franklin Templeton Joins Race for Spot Bitcoin ETF
According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc.
Pressure Mounts on SEC’s Gensler as US House Lawmakers Request ‘Immediate’ Approval of Spot Bitcoin ETF
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market.
Bitwise Makes 40-Page Addition to Its Spot Bitcoin ETF Application
Bitwise is one of many financial firms that the SEC continues to delay when it comes to considering their spot Bitcoin BTC ETF applications.
US SEC Postpones Decision on ARK 21Shares Spot Bitcoin ETF to January 2024
By
Tolu Ajiboye
The SEC has now postponed decisions on several spot BTC ETF applications, including ARK 21Shares, Valkyrie, WisdomTree, VanEck, and Bitwise.
MicroStrategy Makes New Bitcoin Acquisition Worth $147.3M
The decision to purchase more Bitcoin demonstrates MicroStrategy’s belief in the long-term viability and value proposition of the leading cryptocurrency.
Former Alameda Employee Accuses Firm of Causing BTC 87% Price Dip in 2021
The ‘honest’ mistake did eventually cost Alameda some millions of dollars.
Bitcoin (BTC) Price Gearing Up for October Rally, Could Shoot to $37,000
The Matrixport report notes that the BTC price could return an average of 35% during the fourth quarter of 2023.
Bitcoin Maintains Price Above $27,000 as Predictions from Stakeholders Come In Bullish and Bearish
By
Tolu Ajiboye
The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide.
Bitcoin News Today
Bitcoin (BTC) news covers all information on Bitcoin and other related cryptocurrencies. Bitcoin is a digital currency that was created in 2009 by anonymous founder Satoshi Nakamoto and has since gone on to lead the rise of other digital currencies like it, such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Binance Coin (BNB), Monero (XMR), Bitcoin Cash (BCH) and Tether (USDT) among others. The cryptocurrency is decentralized and thus can be sent and transacted over its own peer to peer Blockchain network without a middleman verifying a transaction.
Bitcoin Adoption
Bitcoin (BTC) has grown in leaps over the decade and has had it’s worth multiply in hundreds and thousands since January 2009 when the first BTC block was mined. Bitcoin transactions are irreversible and pseudonymous amongst other properties. Confirmed transactions on the Bitcoin Blockchain network cannot be undone, which in its way also contributes to the strong security associated with BTC.
Over time the awareness that bitcoins like most crypto currencies operate outside the control or regulation of any third parties such as banks, financial institutions, or the government triggered a wakeup call directed to the risks investors may be exposed to when involved in this venture.
Venturing in Bitcoin
Apart from being trustless, the crypto coin is also permissionless, which sets it apart from traditional fiat currencies and government issued money. The cryptocurrency exchange is also important in bitcoin transactions and the overall ecosystem. You’ll need a cryptocurrency exchange to exchange fiat currencies or regular-coins for some BTC.
Bitcoin Mining
Bitcoin mining operations are done to issue new BTCs into the market, with the overall BTCs eligible for circulation set at 21 million. At present, Bitcoin now has more than 18 million coins in circulation and its next halving event, which would reduce its mining rewards by half for the third time, has been slated for May 2020. At present, Bitcoin has a total market capitalization higher than $110 billion and has hit records higher than 300 billion in the past. The next few years might see Bitcoin eclipse its previous records.
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