Analysts Identify 8-Day Window for 12 Spot Bitcoin ETF Approvals
The mere possibility of spot Bitcoin ETF approvals has injected fresh optimism into the crypto market.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
The mere possibility of spot Bitcoin ETF approvals has injected fresh optimism into the crypto market.
The spike in Marathon Digital’s revenue for Q3 2023 was a result of multiple factors, including increased Bitcoin production and higher uptime.
The company’s initial efforts will involve early research and investment in Bitcoin network ecological assets before unveiling the “BTC Next” fund.
One of the factors that align with the ‘perfect storm’ is the upcoming Bitcoin halving event expected to occur in April 2024.
While the crypto community eagerly awaits the SEC’s decision regarding Grayscale’s ETF application and others, SEC Chair Gary Gensler remains cautious in sharing specific details about the commission’s next steps.
Given BTC price’s continuous rejection of the $35k zone, it is possible that we may witness Bitcoin correction to $31k.
The bank provides segregated accounts, which, it asserts, offer better customer protections when compared to the standard omnibus accounts.
While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs.
The listing of ORDI token on Binance comes with a Seed Tag hinting at elevated levels of risk and volatility compared to other listed tokens.
Cathie Wood said that Bitcoin can outperform in both inflationary and deflationary environments and praised its performance during this year’s banking crisis.
Analysts explain why Bitcoin price can continue to rally with the next immediate target in sight being $40,000.
With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market.
Hayes fears that most institutional entities are effectively controlled by governments, who will have to dance to the tune of the state when needed.
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed.
Having maintained a bullish outlook YTD, Bitcoin price is very likely to continue in the same momentum in the next eight weeks based on historical trends studied by Matrixport.