In a historic move for the financial industry, U.S. markets witnessed the debut of Bitcoin ETFs with a bang, as trading volumes soared to $4.6 billion on their first day. This surge of activity came hot on the heels of the SEC’s landmark approval, signaling a potential shift in the investment landscape for cryptocurrencies. Among the front-runners, BlackRock’s iShares Bitcoin […]

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The U.S. Securities and Exchange Commission (SEC) has given the green light to the first set of Bitcoin exchange-traded funds (ETFs) for listing in the United States. This historic decision is expected to enhance Bitcoin’s attractiveness to a broader investor base. Leading investment firms such as BlackRock, Ark Investments/21Shares, Fidelity, Invesco, and VanEck are among the 11 recipients of […]

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In a recent security incident, the U.S. Securities and Exchange Commission (SEC) swiftly addressed a breach of its social media presence, where a fraudulent announcement regarding the approval of Bitcoin ETFs momentarily stirred the market. The SEC clarified that its official account was momentarily infiltrated on Tuesday post-4 p.m. ET, leading to the spread of […]

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The cryptocurrency community is poised on the edge of their seats, as speculation grows over the imminent decision on Bitcoin spot exchange-traded funds (ETFs). The market’s pulse quickens, reflected in the latest readings from the Crypto Fear and Greed Index, which has entered the territory of ‘extreme greed.’ Investor sentiment has skyrocketed, with the index hitting […]

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In an unprecedented event blending space exploration and financial technology, a Bitcoin wallet has been launched to the moon aboard the Vulcan Centaur rocket. This mission, initiated by crypto derivatives exchange BitMEX, marks a new chapter in the annals of both space travel and digital currency. On May 18, 2023, BitMEX announced its plans to send a […]

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In the realm of cryptocurrency, a unique psychological phenomenon known as “unit bias” has been identified as a barrier for investors. Gabor Gurbacs, a strategist at investment firm VanEck, sheds light on the tendency of investors to prefer owning whole units of an asset, which can make the high price of a single Bitcoin daunting. This […]

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11 contenders for spot Bitcoin ETFs have taken a pivotal step forward. With the submission of crucial 19b-4 amendments, the stage is set for the SEC’s impending decision, anticipated within the coming days. Leading asset managers, including BlackRock, Grayscale, and Fidelity, are among the applicants poised for a potential green light from the U.S. Securities and Exchange […]

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In a strategic financial maneuver, Michael Saylor, the Executive Chairman of MicroStrategy, has initiated the sale of a substantial portion of his company stock, amounting to $216 million. This move, disclosed in a recent SEC filing, is part of a deliberate plan to expand his Bitcoin portfolio. Starting January 2nd, Saylor embarked on the sale of his stock […]

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Bitcoin has shattered the $45,000 mark, a milestone not seen since April of the previous year. This surge is riding on a wave of hopeful anticipation for the green light on spot bitcoin exchange-traded funds (ETFs) from regulators. The digital currency reached a high of $45,532, marking a 156% increase from last year, echoing its impressive performance from […]

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The investment community is abuzz with the latest development in the cryptocurrency sphere—the introduction of spot Bitcoin ETFs. VanEck’s Gabor Gurbacs advises caution, tempering expectations of an immediate surge. The initial infusion, he suggests, may be modest, with estimates of a mere $100 million, predominantly from existing institutional funds. Yet, Gurbacs casts an optimistic vision […]

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