Tag: BTC
Hong Kong Lawmaker Urges Swift Approval of Spot Bitcoin ETFs Following US Move
In the aftermath of the United States’ groundbreaking approval of spot Bitcoin ETFs, Johnny Ng, a member of the Hong Kong Legislative Council, is urging the local government to promptly…
VanEck Commits to Boosting Bitcoin Development with 5% ETF Profit Pledge
Investment giant VanEck has made a significant stride in supporting the foundational development of Bitcoin by announcing its pledge to donate 5% of potential profits from its proposed spot bitcoin…
Kyrgyzstan Emerges as a Crypto Mining Powerhouse, Rakes in Over $1 Million in 2023 Taxes
In a quiet yet significant development, Kyrgyzstan has positioned itself as a formidable player in the crypto mining arena, set to surpass $1 million in tax revenue for the year…
MicroStrategy Boosts Bitcoin Reserves with $615 Million Purchase, Targets 1% of Total Supply
MicroStrategy, the prominent business intelligence firm led by CEO Michael Saylor, has once again demonstrated its confidence in the long-term potential of Bitcoin. In a recent disclosure to the Securities…
Bitcoin, Ethereum, and Solana Price Prediction for 2024. Can 2024 be the year of Crypto ETF bull markets?
A high likelihood of a spot Bitcoin ETF approval currently looms over the market. The impact that such approval would have on the value of Bitcoin has become more speculative…
Latest updates on Bitcoin ETFs
An investment vehicle known as a Bitcoin ETF tracks the price of the cryptocurrency and gives investors exposure to it without requiring them to purchase and hold it themselves. Traditional…
Bitcoin Price Battling key $38K resistance level! Can Bulls prevail amid rising optimism and growing institutional interest?
With the market dynamics changing, traders and investors are keeping a careful eye on Bitcoin’s performance as it hovers around $38,173 at the time of writing, down slightly during early…
Bitcoin price volatility might continue as the US Fed Reserve keeps rates unchanged
The U.S. Federal Reserve made the much-anticipated decision to maintain monetary policy on Wednesday, maintaining the 5.25% to 5.50% range for its benchmark interest rate. Fed officials also predicted that interest rates…
Bitcoin bearish phase to continue even as derivatives and ordinals data reveal positive trading activity
Pic Credit: Trading View The five-day BTC chart displays that while the bears may be enjoying an extended phase, the bulls might prevail in the long run. The current bearish…
Bitcoin Price Prediction: $30K achieved. What’s next for BTC?
Bitcoin received a fresh boost after many institutional investors including BlackRock started applying for ETF. BlackRock has had a stellar record of ETF approvals with only one denial and it…
Robert F. Kennedy Jr. Hails Bitcoin as “Perfect Currency” and Criticizes SEC’s Crypto Policy
Robert F. Kennedy Jr., a Democratic US presidential candidate for the 2024 campaign, has expressed his admiration for Bitcoin ($BTC), calling it the “perfect base currency.” Kennedy believes that cryptocurrencies…
Russia Shifts Strategy, Abandons State-Run Crypto Exchange for Cross-Border Transactions
Russia has reportedly abandoned its plans to create a state-run cryptocurrency exchange and is now considering the use of existing cryptocurrency exchanges to facilitate cross-border transactions. Anatoly Aksakov, the head…
Cathie Wood Bullish on Crypto: ARK Invest Adds to Coinbase and Block Inc. Holdings
Cathie Wood, the CEO of ARK Invest, has continued to invest in cryptocurrency despite recent regulatory actions. After purchasing $21 million worth of Coinbase shares, Wood has now acquired $19.9…
Understanding the Factors Behind Bitcoin’s Decline: Debt Ceiling Talks Take Center Stage
Following a favorable development in the U.S., Bitcoin prices experienced a notable surge as the country’s inflation data showed a decrease, slipping below 5% compared to the previous year. This…
MicroStrategy’s Michael Saylor Foresees Bitcoin’s Price Surge and Industry Focus on BTC
Renowned for his bullish stance on Bitcoin, Michael Saylor, the co-founder of MicroStrategy, predicts that the crypto industry will inevitably shift its focus toward Bitcoin. In an interview with Bloomberg,…