JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions.
Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs).
The New York Stock Exchange (NYSE) has proposed the US Securities and Exchange Commission (SEC) to consider listing 7RCC’s environmentally-conscious spot Bitcoin ETF.
South Africa’s regulator Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for cryptocurrency exchanges, according to a Reuters report citing an official from the regulatory body.
Bitcoin‘s price went up by more than 2.50% on Wednesday to trade near $73,000. This uptick occurs as Asian stocks reach a seven-month apex, undeterred by the slightly higher U.S. inflation rates which have spurred investor bets against mid-year interest rate adjustments.
Bitcoin (BTC) is re-entering a bull market “euphoria” zone highly reminiscent of the asset’s strongest historical price runs, according to a report by on-chain analysts at Glassnode published Tuesday.
The Crypto Open Patent Alliance (COPA) feels like it’s on the verge of winning its landmark case against Australian computer scientist Craig Wright, a man who claims to be the inventor of Bitcoin.
Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.
CoinLedger predicts Bitcoin price could reach $360,000 one year after its 2024 halving, based on an analysis of price movements following previous halving events.