Tag: COIN:BTCUSD
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Crypto: Bitcoin Spot ETFs Debut Strongly, Circle Prepares for IPO, and More
GBTC, IBIT, and FBTC have a strong debut After years of anticipation, the Bitcoin ETFs were finally approved in the USA and started trading on Thursday. BitMex Research ranked the 11 newly launched funds by trading volume on the first day, with the ETFs from Grayscale (AMEX:GBTC), BlackRock (NASDAQ:IBIT), and Fidelity (AMEX:FBTC) leading in volume.…
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Wall Street Highlights: Mastercard’s Financial Rise, Citigroup’s $3.8 Billion Charges, and More
This Thursday morning, U.S. index futures are showing an upward trend, in anticipation of the imminent consumer inflation data and the start of the fourth-quarter financial results reporting season, a crucial period for Wall Street investors and analysts. At 05:40 AM, the Dow Jones futures (DOWI:DJI) rose 7 points, or 0.02%. S&P 500 futures were…
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Crypto: BTC ETFs Reduce Fees Amid Competition, RocketPool and HEX Surges, and More
False news of approval of Bitcoin ETF by SEC account on X shakes market On January 9th, a compromise of the SEC account on X (formerly Twitter) led to the dissemination of false information about the approval of a Bitcoin ETF, causing significant market volatility. The investigation identified that the phone number linked to the…
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Crypto: BTC Maintains Stability Above $46,500, HNT Surges, BitPay Expands Crypto Support, and More
Wait for the approval of Bitcoin ETFs in the US accelerates BlackRock (NYSE:BLK), VanEck, Invesco, Galaxy, ARK 21Shares, Grayscale, and other potential issuers are among the 13 waiting for approval to launch Bitcoin exchange-traded funds (ETFs) in the US. They updated their documents on Tuesday, responding to the SEC’s comments received in the last 24…
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Crypto: Long Queue for ETH Validators, VanEck Strengthens BTC with Developer Support, and More
Bitcoin surpasses its maximum price limit and the crypto market fluctuates Bitcoin (COIN:BTCUSD) recently exceeded its maximum price limit, while the total value of the cryptocurrency market remains supported. Simultaneously, the Internet Computer (COIN:ICPUSD) has resumed its parabolic upward trend, rising by 33.6% in the last 7 days. Another highlight on Friday was the record-breaking…
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Crypto: Tokenized Fund Earns Moody’s AA Rating, Binance Contemplates Privacy Token Removal, and Latest Updates
Bitcoin recovers after a drop due to leveraged liquidations Bitcoin (COIN:BTCUSD) has shown a slight recovery, trading just above $44,000, after dropping by up to 7% on Wednesday due to leveraged liquidations. Increased leverage and a non-consensus report from Matrixport contributed to the cascade liquidation, resulting in the elimination of nearly $560 million in long…
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Crypto: Volatile Bitcoin with ETF Anticipation, Etherscan Acquires Solscan, and Latest Updates
Bitcoin and other cryptocurrencies fall on Fed and ETF expectations On Wednesday, Bitcoin (COIN:BTCUSD) faced a 4.5% drop, reaching US$42,930, influenced by the expectation of news from the Federal Reserve and the possible approval of a Bitcoin ETF. Other cryptocurrencies such as Ether (COIN:ETHUSD), Solana (COIN:SOLUSD) and XRP (COIN:XRPUSD) also saw significant drops. These fluctuations…
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Crypto: Selling Pressure and Option Expiry Impacting BTC and ETH, OKX Delisting Shaking Privacy Coins, and More
Selling pressure and option expirations mark eventful week for Bitcoin and Ethereum This week saw selling pressure among Bitcoin miners, with reserves hitting their lowest level since May, reflecting a steady decline since October. Currently, reserves are at about 1.832 million BTC, with around 3,000 bitcoins sold in the last 24 hours. The market value…
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Crypto: Mining Stocks Eclipse BTC in 2023, Ethereum PoS Revamped by Vitalik Buterin, and Latest Trends
Possible approval of a Bitcoin ETF could lead to a ‘news-driven sell-off,’ according to a report A report from CryptoQuant suggests that the approval of a spot Bitcoin ETF could trigger a “news-driven sell-off.” With Bitcoin recovering above $40,000, many holders are sitting on unrealized profits, historically a precursor to price corrections. Miners are also…
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Crypto: MicroStrategy Expands BTC Holdings, Grayscale Leadership Renewed, MATIC Breaks $1 Barrier, and More
Bitcoin and cryptocurrencies display mixed movement on Wednesday Bitcoin (COIN:BTCUSD) and other cryptocurrencies have shown mixed performance in the last 24 hours, with traders assessing recent highs and awaiting new catalysts, including the expected approval of Bitcoin-holding ETFs. Bitcoin recorded a modest increase of 1.05%, reaching $43,070, mostly trading between $41,000 and $44,000 since December.…