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.
Hayes believes that it may take the market another six to 12 months to fully respond to the bull run.
Along with holding Bitcoins on its balance sheet, Bitfinex also supports Bitcoin Layer 2 networks, such as the Lightning Network and the Liquid Network.
Bernstein analysts believe that diversification presents a significant commercial opportunity for asset managers. It allows them to enter the rapidly growing digital asset market and benefit from increased demand and market growth.
The analysts noted that the SEC may have to approve Grayscale’s ETF proposal and potentially other spot-based Bitcoin ETFs in order to maintain regulatory consistency.
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again.
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity.
The SEC will have an additional 45 days after the publication in the Federal Register to evaluate the suggested rule. The next decision is pending on October 17, next month.
The addition of Bitcoin, Dogecoin, and Ethereum swapping is a significant step for Robinhood and in response to requests from its user base.
The court ruled that the SEC failed to provide sufficient evidence as to why Grayscale’s application to convert its Bitcoin Trust to a spot ETF was denied while the agency approved a futures ETF.
Grayscale’s victory over the US SEC marks a milestone event which can open up the gates of approval for the spot Bitcoin ETF.
Despite fears of bankruptcy in late 2022, Argo’s 2023 mid-year results show a positive shift.
Since 2022, Bitcoin’s trading volume has declined by nearly 90 percent despite increased demand from institutional investors.
The emergence of Robinhood as a key BTC holder signifies a potential shift in the digital asset ownership landscape.
Bitcoin mining revenue is now just $0.060 per terahash per second per day.
The Bitcoin price has once again retraced back to $26,000 after some recovery pump earlier this week. On the technical chart, BTC continues to show bearish momentum with its price dropping under the 200-day moving average (DMA).