The Bitcoin price rose above $30,000 after several traditional financial firms refiled their BTC Spot ETF applications after the U.S. Securities and Exchange Commission (SEC) described their previous applications as inadequate. On June 30, the […]
Bankrupt crypto lender Celsius has been granted permission to begin liquidating its altcoins into Bitcoin (BTC) and Ether (ETH). This will occur before distributions to creditors take place, who expect to receive their assets denominated […]
South Korea’s government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill. On June 30, the National Assembly passed the Virtual Asset User Protection […]
Michael Saylor’s MicroStrategy has further consolidated its position as one of the largest corporate holders of Bitcoin. As per recent SEC filings, the company added another 12,333 Bitcoin to its portfolio, shelling out a staggering […]
Cathie Wood’s ARK Invest has amended its Bitcoin Spot ETF filing to include a new surveillance sharing agreement, taking cues from the filing presented by investment giant BlackRock earlier this month. The modification may give […]
In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin (BTC) will ever trade at $27,000. Some analysts attribute Bitcoin’s recent 21.5% gains to BlackRock’s […]
Fidelity Investments, the Boston-based asset manager, is finalizing its application for a Bitcoin exchange-traded fund (ETF), according to multiple reports on Tuesday. The ETF will track the price of Bitcoin, allowing investors to trade shares […]
Bitcoin started off the week on a solid note, above $30,000 after rapid gains. The market participants catalyzing this trend are taking their BTCs off centralized exchanges as investor confidence in this platform continued to […]
After a failed rally above $31,000 on June 23, Bitcoin (BTC) has sustained the $30,300 resistance for the past three days. Curiously, this happened while gold reached its lowest level in three months, trading at […]
Bitcoin has maintained its upward price momentum despite recent events in Russia that have threatened the country’s stability. The flagship digital asset continued to trade near $31,000 despite the uncertainties. According to BeInCrypto data, BTC […]
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