BlackRock’s proposed spot Bitcoin exchange-traded fund (ETF) has been officially assigned the ticker IBIT, according to an S-1 filing amendment with the Securities and Exchange Commission (SEC).
Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a downturn over the weekend, falling to the $41,000 range. This decline is part of a...
In the ever-shifting world of cryptocurrency, Bitcoin’s recent price movement paints a complex picture, trading at $41,079 with a 2.01% decrease on Monday. Amidst...
Bitcoin (BTC) has the potential to skyrocket to $1 million within a matter of days to weeks following the approval of a spot Bitcoin exchange-traded fund (ETF).
Bitcoin (BTC), the pioneering cryptocurrency, currently faces a downtrend, slipping below the pivotal $42,000 mark, trading at $42,200 with over 1.50% decrease. This movement...
Bitcoin spot ETF applicants will almost certainly be forced by regulators to adopt an “in-cash” redemption model for their fund’s shares, according to Bloomberg ETF analyst Eric Balchunas.
Officials from the US Securities and Exchange Commission (SEC) met with three employees of BlackRock on Thursday to discuss the asset manager’s application to set up a spot Bitcoin Exchange Traded Fund (ETF), as per a memorandum released by the SEC on Friday.
Bitcoin (BTC) chart analysis suggests the price has formed a key short-term technical pattern that could be a harbinger of extreme volatility ahead, with quick dump to $38,000 or pump towards $48,000 possible depending on how the pattern is broken.
In the dynamic landscape of cryptocurrency, Bitcoin, the pioneering digital currency, has recently seen a downturn, slipping below the $43,000 threshold. This decline aligns with the broader crypto market, which witnessed a 0.25% drop in its global market cap, now standing at $1.61 trillion.
The surge in volatility that followed the US Federal Reserve’s interest rate announcement on Wednesday caused some $48 million to be liquidated in 24 hours in the Bitcoin market.
The Bitcoin (BTC) price has come under pressure on Friday, dipping 2% from around $43,000 to the low $42,000s in wake of hawkish commentary from a leading US Federal Reserve monetary policymaker John Williams.