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Ark Invest CEO Expects Spot Bitcoin ETFs to Attract ‘Substantial’ Institutional Flows, Pushing BTC ‘Much Higher’
9.1.2024
Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get it, is...
SEC Chair Gary Gensler Issues Crypto Warnings as Spot Bitcoin ETF Decision Looms
9.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand they may be deprived of key info”...
With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous
8.1.2024
The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S. Securities and Exchange Commission (SEC) on whether it will approve a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has chosen this moment to issue a broad warning about...
Bitcoin ETF Applicants Reveal Fees in Latest Filings Ahead of SEC’s Key Decision This Week
8.1.2024
Source: Adobe Stock Multiple applicants for a spot Bitcoin exchange-traded fund (ETF) submitted their final Form S-1 amendments to the United States Securities and Exchange Commission (SEC) on Monday, setting the stage for a potentially historic week in the cryptocurrency market. Bitwise, Valkyrie...
Bitcoin ETF Approval Imminent: SEC’s Key Decision Expected This Week
8.1.2024
Source: DALL·E This week marks a potentially transformative moment for cryptocurrency as the U.S. Securities and Exchange Commission (SEC) is expected to make a key decision on the approval of several spot Bitcoin exchange-traded funds (ETFs). The SEC’s decision, due by Jan. 10, will...
SEC Issues ‘Fear of Missing Out’ Warning Ahead of Spot Bitcoin ETF Decision
8.1.2024
The U.S. Securities and Exchange Commission (SEC) has warned investors about fear of missing out (FOMO). “Just because others might buy a particular investment, doesn’t mean it’s the right opportunity for you,” the SEC noted. “We’ve all seen the increased interest...
Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In
7.1.2024
The possibility of the U.S. Securities and Exchange Commission (SEC) rejecting spot bitcoin exchange-traded funds (ETFs) became a concern after financial watchdog group Better Markets called on the securities regulator to reject spot bitcoin ETFs, warning that approvals will lead...
Ark Invest Continues to Sell Coinbase Shares
6.1.2024
In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest...
Celsius Network Unstakes Ethereum Holdings Amid Reorganization Efforts
5.1.2024
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve outstanding liabilities. Crypto Lender Celsius...
Experts Weigh in on Bitcoin ETF Approval As Sell-the-News Event
5.1.2024
As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market Movements With the cryptocurrency community eagerly...
Hashdex Launches New Commercial for Spot Bitcoin ETF
5.1.2024
Source: AdobeStock Hashdex, an asset management firm, has released a new commercial ahead of the upcoming US Securities and Exchange Commission (SEC) decision on the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On January 5, Hashdex posted an advertisement on X (formerly...
Investors Take Caution Amid Leverage Purge and Delayed Spot Bitcoin ETF Prospects: Expert
5.1.2024
Image by plysuikvv, Adobe Stock Investors have grown more cautious ahead of the US Securities and Exchange Commission’s upcoming decision on the approval of an exchange-traded fund (ETF) linked directly to Bitcoin (BTC). According to Jacob Joseph, a research analyst at CCData, the recent...
Bitcoin Technical Analysis: BTC Consolidates Amid Uncertainty Tied to the ETF Decision
5.1.2024
As the decision for the spot bitcoin exchange-traded fund (ETF) looms near, bitcoin’s price fluctuations embody its mercurial nature, swaying between optimistic surges and measured hesitance. It reached a zenith of $45,922, with Friday’s intraday value oscillating from $43,920...
Bitcoin Faces Unprecedented Price Swings Amidst Record Volatility Signals and SEC ETF Decision: Bifinex Analyst
5.1.2024
Source: Adobe / Luisa Derivatives traders are on high alert as signals from the options markets indicate the potential for unprecedented volatility in the Bitcoin market. According to insights provided to CryptoNews by Bitfinex analysts, the expectations for volatility are currently higher than...
Kevin O’Leary Anticipates Strong Institutional Interest in Crypto Regardless of Spot Bitcoin ETF Outcome
5.1.2024
Shark Tank investor Kevin O’Leary, also known as Mr. Wonderful, has emphasized that institutional interest in crypto and bitcoin will remain high regardless of the U.S. Securities and Exchange Commission (SEC)’s decision on spot bitcoin exchange-traded funds (ETFs). “Even a...
Huobi Korea Announces Closure Citing Challenging Business Environment
4.1.2024
Source: Adobe South Korean cryptocurrency exchange Huobi Korea has announced the shut down of its services with effect from January 29, 2024. The decision comes in response to what the company described as a challenging “business environment.” Established in 2017, Huobi Korea...
Ethereum Foundation Announces Devcon 7 Conference in Bangkok, Thailand, November 12-15, 2024
3.1.2024
Source: Adobe Stock / Dennis The Ethereum Foundation has announced that Devcon 7, the Ethereum developer conference, will be hosted in Bangkok, Thailand, from November 12 to 15, 2024. The decision reflects an expansion of the event’s vision, with a focus on embracing the entire Southeast Asia...
Bitcoin Price Surges to $45,000 Pending SEC’s Bitcoin ETF Approval
2.1.2024
Source: DALL·E Bitcoin‘s price has soared to $45,000, marking its highest point since April 2022. With growing investor anticipation of the decision by the U.S. Securities and Exchange Commission (SEC) regarding the approval of spot Bitcoin exchange-traded funds (ETFs), Bitcoin is currently...
Bitcoin Price Prediction as ETF Decision Approaches – Buy the Rumors, Sell the News?
1.1.2024
In the ever-shifting landscape of cryptocurrency, Bitcoin (BTC/USD) stands at a crucial juncture, currently trading at $42,279 with a modest increase of 0.28% on Monday. As the market eagerly anticipates the decision on the debut of a Bitcoin ETF, a development that might initially seem...
Coinbase’s Chief Legal Officer Slams US Decision to Drop Additional Charges Against Bankman-Fried, Calls it a ‘Miscarriage of Justice’
1.1.2024
Source: a video screenshot, ABC News / YouTube US prosecutors have decided not to pursue the remaining charges against Sam Bankman-Fried, including allegations of foreign bribery and bank fraud. However, it is the dropped charge of unlawful political donations that has sparked significant concern...