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Bitcoin price continued its upward movement of the past week following news that the US Securities and Exchange Commission (SEC) met with prominent asset manager Fidelity regarding its proposed spot BTC exchange-traded fund (ETF). The meeting, held on December 7,…
Despite Bitcoin (BTC)’s stellar performance this year, its role in an average investor’s portfolio is still questionable, according to Bloomberg. In an opinion piece published for the outlet on Friday, financial analyst and crypto advisory expert Aaron Brown said the…
SMI Vantage Signs Bitcoin Mining Lease Agreement Further to the Offer to Rent agreement previously announced in Sept 2023, the Company has now moved forward and signed a Lease Agreement SMI Vantage Limited (“SMI” or the “Company”), a company listed…
Bitcoin, the world’s leading cryptocurrency, has achieved a monumental breakthrough, crossing up and over $42,000 mark for the first time since April 2022. This significant milestone, not witnessed since the pre-Terra crash era, marks a pivotal moment in the cryptocurrency’s…
Just like Bitcoin, Ethereum has enjoyed positive price forecasts as the market looks bright. Michael van de Poppe, in a recent tweet, predicted a price increase to $3,500 for Ethereum. Moreover, Mike Novogratz has enthusiastically expressed his belief that the…
Bitcoin has experienced a 130% surge in price this year and investors are wondering if this momentum will continue in December. There are three key factors that could impact Bitcoin’s performance. The first is the upcoming Federal Open Market Committee…
The ProShares Bitcoin Strategy ETF (BITO) has reached a new all-time high in assets under management (AUM) as Bitcoin (BTC) surged past $38,000 in November. The fund’s Bitcoin futures contracts now value at $1.47 billion, compared to $1.1 billion at…
Grayscale Bitcoin Trust (GBTC) is making updates to its trust agreement in preparation for potentially uplisting to a spot bitcoin exchange-traded fund (ETF). The updates involve two modifications. The first change allows fees to be paid daily instead of monthly,…
OCEAN, a decentralized Bitcoin platform, has recently secured $6.2 million in seed funding, with Jack Dorsey playing a major role in leading the funding. The investment will help OCEAN gain public exposure and raise awareness about Bitcoin, as well as…
With a bearish start to the week, Bitcoin is struggling to absorb overhead supply. The price has dropped by 0.92% on Sunday after being rejected at the $38K level. The bearish momentum persists, leading to a 0.29% drop at press…