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.
As Bitcoin extends its rally to $35,000 clocking over 100% gains for 2023, let’s take a look at some crypto firms that have outperformed Bitcoin.
The US SEC is therefore expected to review Grayscale’s application to convert its GBTC to a spot Bitcoin ETF without prejudice.
If approved, the Bitcoin ETF is poised to revolutionize the accessibility of the crypto market for investors, offering a simplified avenue to invest in BTC without grappling with the intricacies of managing digital assets on crypto exchanges.
Bitcoin (BTC) price rallied to this year’s high of about $35k during the early Asian market amid speculation of spot ETF approval in the United States leading to high short positions being liquidated.
One more theory about the real Satoshi’s identity has been overturned. The world has got one option fewer with new questions arising, and it still remains to be learned whom we should thank for Bitcoin.
Riard noted in his report that the implications of the vulnerability could extend well beyond the Lightning Network.
A strong price action in Gold this month has provided a bullish price momentum to Bitcoin with a price surge leading to $31,000. The macro conditions favour Bitcoin and Gold.
Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits.
To underscore the bullish sentiments, the performance of Bitcoin forks reflects the same optimism among investors.
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC.
Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate.
Through Taproot Assets, Lightning Labs is bringing stablecoins to Bitcoin and Bitcoinizing traditional assets including the dollar.
Tesla continues to hold on to its BTC holding having last sold about 75% of it in the second quarter of 2022.
The SEC chair said that the Commission has a lot of applications to review for spot Bitcoin ETFs. Mike Novogratz expects a spot Bitcoin ETF coming by the year end.
Starting from the first quarter of 2024, the crypto custody service will be operated by Zodia Custody – the leading institution-first digital asset custodian by Standard Chartered.