#1 Real Social Blockchain
Opinions on what will happen in the crypto market if the SEC approves a spot bitcoin ETF are mixed. Some analysts say predictions of a huge influx of investment are overdone. This week marked the 15th year since the first…
Bitcoin’s (BTC) price fell nearly 10% on Wednesday, Jan 3 following a panic selloff triggered by a a speculative research note suggesting that the SEC might reject the ongoing ETF applications. The latest market Sentiment Index readings provide clues on…
MicroStrategy (MSTR) executive chairman Michael Saylor began to sell $216 million worth of stock options of the company on Tuesday, according to a regulatory filing with the U.S. Securities and Exchange Commission. The document shows that Saylor proposed the sale…
Bitcoin surged to kick off 2024, topping $45,000 for the first time since April 2022 as investor confidence in a potential bitcoin exchange-traded fund approval continued to build. The world’s largest cryptocurrency hit an intraday high of $45,913.30 early Tuesday…
The race to launch a bitcoin ETF reached a bureaucratic crescendo Friday as some of the biggest Wall Street firms finalized their offerings’ paperwork ahead of widely expected – possibly imminent – approval from the U.S. Securities and Exchange Commission.…
Layer-1 blockchain Solana (SOL) led the way in 2023 in terms of token price gains, with other altcoins Avalanche (AVAX), Stacks (STX) and Helium’s (HNT) following closely behind. Solana, which began its sharp increase in mid-October, has risen over 700%…
Bitcoin’s price cooled at $41,800, down 4% this week and on track to snap the first eight-week streak of gains since 2017. Investors moved a net $860 million of BTC to exchanges, signaling profit-taking, IntoTheBlock noted. BTC to hit $75,000…
The Basel Committee for Banking Supervision (BCBS) proposed revisions to the criteria for allowing stablecoins to be treated as less risky than unbacked cryptocurrencies such as bitcoin (BTC) in a consultative document published Thursday. CoinDesk reported last week that the…
The FASB has instituted new rules, effective next year, requiring fair value accounting for cryptocurrencies like Bitcoin in the US. Companies must disclose cryptocurrency values based on market prices, enhancing transparency and acknowledging digital asset volatility. This approach enables companies…
Many in the Bitcoin space are enthusiastic about a potential Bitcoin ETF, but many lack a clear understanding of its implications. Despite expectations that an ETF could elevate Bitcoin’s reputation, potential pitfalls and challenges abound. What are some of the…