Grayscale CEO Michael Sonnhenshein is calling for approval of public options on Bitcoin spot ETFs after his company’s Bitcoin fund successfully converted into one last month.
In a remarkable turn of events, Bitcoin‘s 24-hour trading volume surged 15.30% to $16.01 billion, indicating a significant uptick in investor engagement and marking the highest volume since September 2022.
Head of the Financial Supervisory Service, Lee Bok-hyun, is set to visit the United States later this year, intending to engage in discussions with U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler.
During the Asian trading session, Bitcoin’s latest price prediction takes into account a modest retreat to $42,585, marking a slight downturn of over 1%.
As Bitcoin‘s trading volume surges to $8 billion, many are wondering if it’s the right time to buy, with current Bitcoin price predictions in focus. The cryptocurrency, which is currently trading at $43,000, has seen a slight decrease of nearly 0.50% on Sunday.
Amid evolving cryptocurrency landscapes, BTC’s ascent beyond the $43,000 threshold, marking around 0.20% uptick, fuels bitcoin price predictions of its advance towards $50,000.
The Grayscale Bitcoin Trust (GBTC) was overtaken in daily trading volume by BlackRock’s Bitcoin ETF for the first time on Thursday, highlighting the legacy fund’s shrinking dominance over the Bitcoin (BTC) market.
In the realm of cryptocurrency, Bitcoin and Ethereum price prediction remains a focal point for investors. Bitcoin, despite facing a potential sell-off following the release of solid NFP and unemployment rate data, has managed to hold its ground near the $43,000 mark.
Belarusian and Cypriot national has been charged in the US for operating an unlicensed cryptocurrency exchange BTC-e and money laundering conspiracy, according to the Department of Justice (DOJ).
In the latest Bitcoin price prediction, BTC has surged to $43,000 amid speculation over Tesla’s potential sale of its remaining Bitcoin holdings after forgoing $500 million in unrealized profits. Meanwhile, the Salvadoran president reaffirms his steadfast Bitcoin adoption strategy, even as the country approaches its elections.