The positive sentiment is driven by the world’s largest assets manager firm BlackRock recently announcing its tokenized fund targeting Ethereum’s BUIDL products.
The UN General Assembly wants member states to responsibly use AI, while closing the digital divide by supporting developing countries.
JPMorgan strategists expect further downside in Bitcoin price amid slowing inflows into spot Bitcoin ETFs. They believe that BTC is currently in the ‘overbought’ territory.
Analysts are bullish for Bitcoin to hit new all-time highs, amid the strong bounce back, before the Bitcoin halving event 2024 in April.
According to the latest reports by Fortune, the SEC seeks to classify ETH as a security.
Unlike previous halving events, which are usually accompanied by Bitcoin reaching a new all-time high, the crypto asset has already hit a new ATH this month ahead of the event.
The settlement with Genesis signifies the SEC’s commitment to overseeing crypto lending platforms and safeguarding investor interests.
The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF.
As we are just 3-4 weeks away from Bitcoin halving, BTC price has reportedly entered a danger zone where investors need to be cautious of the upcoming volatility.
The recent decline in Bitcoin’s value may be partly attributed to traders’ growing interest in speculative memecoins that offer limited liquidity.
Heightened Bitcoin price volatility in the past 24 hours triggered over $349 million in crypto liquidation from leverage trading.
Macroeconomic factors have played a huge role in driving Bitcoin price higher.
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.
The Grayscale’s GDIF will enable investors to earn passively from staking APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI, and SOL.
Bitcoin hits a new all-time high of $69,170 driven by US regulators’ approval of ETFs and rising investor confidence. Analysts weigh in on Bitcoin’s future amidst market euphoria.