Sui Chung, CEO of the crypto index provider CF Benchmarks, says he is “very optimistic” about the US Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF).
Former Securities and Exchange Commission (SEC) chairman Jay Clayton has said that a spot Bitcoin (BTC) exchange-traded fund (ETF) is likely to get approved if it can be shown that the Bitcoin spot market offers the same “efficacy” as the futures market.
Bitcoin (BTC) fell lower over the course of last week, as optimism faded among market participants in the face of potentially higher interest rates in the US.
Bitcoin's price is currently teetering around the crucial $30,000 support level, raising concerns about the possibility of a more significant sell-off.
Bitcoin (BTC) halving, the most anticipated quadrennial event in the cryptocurrency space with potential to drive the maiden digital currency price to new heights. However, it could pose more troubles to Bitcoin miners than the previous ones.
Blockchain infrastructure company Lightning Labs has unveiled a set of developer tools that enable the integration of Bitcoin (BTC) with AI applications and Large Language Models (LLMs) such as ChatGPT.
Bitcoin, the leading cryptocurrency, has been gaining momentum as it establishes a strong support level at $30,000. The recent insights from industry experts add an interesting perspective to Bitcoin's future.