Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset.
Bitcoin has seen an astonishing surge of more than 10% this week, reaching an all-time high price of $35,900. This surge has had a domino effect on stocks linked to the crypto asset, propelling them to impressive multi-week highs.
Bitcoin (BTC), the most valuable cryptocurrency in the world, has recently achieved a significant milestone by surpassing $34,000. This represents its highest point in the past three months.
As the market closely watches developments surrounding the potential approval of a Bitcoin spot exchange-traded fund (ETF) for BlackRock by the U.S. Securities and Exchange Commission (SEC), shares of crypto-related companies are seeing major gains.
The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.
The Bitcoin (BTC) price is selling off as FUD (fear, uncertainty and doubt) spreads around the market that spot Bitcoin Exchange Traded Fund (ETF) approvals might not be as close as previously though.
Bitcoin has already breached $38,000 on crypto exchange Bitgamo as the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF).
Bitcoin, once again, is generating buzz as it surges past the $33,000 mark, raising speculations about a possible "next wave" in the cryptocurrency realm.
Crypto financial services company Matrixport has doubled down on its earlier prediction that Bitcoin's price could reach $45,000 by the end of the year as the FOMO sentiment grips Bitcoin market.
Digital asset investment products notched a fourth week of consecutive inflow with Bitcoin (BTC) recording $55.3million as investors hovered around a spot BTC ETF approval in the United States.
Popular Bitcoin advocate firm MicroStrategy is witnessing a remarkable increase in the value of its extensive Bitcoin holdings, which exceed 150,000 BTC. This surge in value is due to the recent resurgence of the leading cryptocurrency.
The surge in demand for Bitcoin among institutional investors is set to hit new heights, particularly if a spot Bitcoin exchange-traded fund (ETF) is approved in the coming months, according to an Ernst & Young executive.
Bitcoin prices rose more than 10% today after a federal appeals court forced the U.S. Securities and Exchange Commission to reevaluate its prior decision to reject Grayscale's attempt to convert its bitcoin trust to a spot exchange-traded fund (ETF).