Bitcoin price’s slight dip to $66,105 sparks curiosity about future trends. This Bitcoin price prediction examines the potential for a bullish recovery, highlighting MicroStrategy’s increased investment and legislative movements towards Bitcoin ETFs in retirement plans.
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5.
Bitcoin‘s resilience shines through as it stages a remarkable recovery, climbing over 8% in a single day to reach $67,231.45. This bounce back, especially after a concerning dip below the $60,000 mark, reignites discussions around Bitcoin price predictions, with many investors and analysts eagerly speculating on the potential for new highs.
Bitcoin price is climbing over 4% to hit $66,300 during the Asian session on Wednesday. This surge reflects growing investor confidence and forecasts a bullish trend in the cryptocurrency market.
U.S. cryptocurrency exchange Coinbase experienced technical issues on Tuesday for a few hours as Bitcoin surged to an all-time high of $69,000. On Wednesday Asia time Bitcoin was trading down 7% at $63,000.
Demand for Bitcoin ETFs is only beginning to ramp up, with some of the market’s largest players yet to begin buying, according to crypto asset manager Bitwise.
Amid Microstrategy’s bold move to invest an additional $600 million in Bitcoin’, the cryptocurrency world is abuzz with Bitcoin price predictions. With the company already holding a substantial 193,000 BTC, this aggressive acquisition strategy reinforces Bitcoin’s standing as a dominant digital asset.
The Fidelity Bitcoin ETF, Wise Origin Bitcoin Fund (FBTC), recorded its largest number of daily inflows on Monday, absorbing $404.6 million in funds used to buy more Bitcoin (BTC).
Deutsche Börse, one of Europe’s biggest exchange operators, has launched a new regulated spot platform for crypto assets targeting institutional clients.
Grayscale, the world’s largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
South Korean authorities are discussing the potential approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the country, as revealed by the country’s chief of the financial watchdog.