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Bitcoin ETF Approval Marks Historic Moment: Analysts Predict $600,000 Price Target
January 11, 2024
Analysts state that the recent Bitcoin ETF approval represents a historic moment, potentially benefitting institutional investors, miners, and broadening long-term adoption for Bitcoin. They suggested that the newfound accessibility could …
Read moreLaunch of First Bitcoin ETFs in U.S. Overdue, Says Crypto-Friendly SEC Commissioner
January 11, 2024
Despite significant public criticism, spot Bitcoin ETFs are set to start trading this Thursday. Among those who approved the initiative was Gary Gensler and two other committee members, marking a …
Read moreBitcoin’s Value Approaches $49,000, Spot ETF Trading Volume at Record High
January 11, 2024
Summary: Bitcoin's value rocketed past the $49,000 mark, a significant 4% increase within just 24 hours. This surge aligns with a shift in the global finance landscape that's welcomed digital …
Read moreEthereum Soars to New Heights Amidst Bitcoin ETF Approval
January 11, 2024
The anticipation of an Ethereum (ETH) exchange-traded fund (ETF) following the approval of multiple Bitcoin ETFs has sparked a price rally for ETH, leading it to an 18-month high surpassing …
Read moreGrayscale's Bitcoin Trust (GBTC) Records Growth Following Change to ETF
January 11, 2024
Overview Grayscale's Bitcoin Trust (GBTC), upon its transformation into an Exchange Traded Fund (ETF), experienced a rise in its value by around 4%. The change was confirmed by Senior Bloomberg …
Read moreCircle, Issuer of Stablecoin USDC, Submits IPO Registration to SEC
January 11, 2024
Circle, the issuer of the stablecoin USD Coin (USDC), has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company noted that …
Read moreEthereum Surpasses Bitcoin in Derivatives Trading Volume and Achieves Price Rally
January 11, 2024
The derivatives market observed erratic behavior for Bitcoin (BTC) and Ethereum (ETH) following an unfortunate event where the U.S. SEC's Twitter handle was breached. The bogus proclamation of a Bitcoin …
Read morePayPal Encourages PYUSD Liquidity on Curve, Boosting Stablecoin Exchange
January 11, 2024
PayPal, the digital payments giant, has embarked on an initiative to incentivize PYUSD liquidity on Curve Finance, the global leader in stablecoin decentralized exchange by volume. This development indicates a …
Read moreCrypto Lender Celsius Seeks Unstaking of $470M Ether And Urges Creditors for Fund Return
January 11, 2024
Embattled crypto lending platform, Celsius has begun recalling and rebalancing its crypto assets, including Ether (ETH), to prepare for timely distributions to creditors. The firm notably unstakes its existing Ether …
Read moreLearn Concept: The Anticipation of Bitcoin ETF Approval and Its Market Significance
January 11, 2024
The concept of Bitcoin Exchange-Traded Fund (ETF) is becoming a hot topic among crypto enthusiasts and financial institutions. ETFs would allow investors to diversify their portfolios without actually owning the …
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