Traders are on edge, eagerly watching the Federal Reserve meeting for clues about prospective interest rate changes.
The inflation growth rate in the United States has significantly declined in the past two years thus the anticipated interest rate cuts in the second half of 2024.
The 6.5% plunge represents the largest single-day decline for Bitcoin in over a month, despite the asset’s overall growth of more than 12% in the past 30 days and an impressive 150% rally since January 1.
Google shares responded positively to news of Gemini, although the market is unclear about monetization and how it fairs against GPT 4 Turbo.
Santiment revealed that despite a price drop, Bitcoin can reach $50,000. Altcoins have already embarked on a strong surge with Ethereum and Solana leading the show.
The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products.
Dimon, who agreed that crypto firms should face the same AML scrutiny as traditional firms, said he would shut down crypto if he could.
The Grayscale CEO said that they have engaged in meaningful conversations with the SEC, and the dialogue suggests that the regulator is eager to make the progress.
Although released on a $175 million bond, debate surrounds whether CZ can safely return home to the UAE before his sentencing hearing without the risk of facing more punishment.
Robinhood’s clients in the European Union can buy and sell 25 tokens via a commission-free app.
The consensus within the crypto community is that a green light for a Bitcoin ETF is imminent, with expectations pointing towards an early approval in 2024.
The US SEC has delayed its decision on converting Grayscale’s ETHE product to a spot Ethereum ETF by another 45 days with the next hearing on January 25, 2024.
With a valuation of $2 billion within its first year, Mistral’s rapid ascent reflects the tech industry’s unwavering optimism regarding the future potential and profitability of AI businesses.
Market analysts interpret these recent filings as indications of the ongoing collaborative efforts between the SEC and major issuers to navigate the regulatory landscape.
As Bitcoin price has rallied past $42,000, the surge in BTC perpetual futures open interest suggests further price rally going ahead.