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.…
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…
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…
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…
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…
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…
Over the weekend, major cryptocurrencies showed bullish strength, leading to a 2% appreciation in the global crypto market cap. Bitcoin is currently consolidating in the $36k – $37k range and experts predict it will remain range-bound until Monday, when it…
Introduction Bitcoin (BTC) and Ethereum (ETH) have been making waves in the digital currency market recently. As the two leading cryptocurrencies, any movement in their prices and transaction fees is closely watched by investors and enthusiasts worldwide. In this article,…
Bitcoin developer Robin Linus has proposed bringing off-chain Ethereum-like smart contracts to the Bitcoin blockchain. In a white paper published on October 9, Linus suggested that implementing these capabilities on Bitcoin would enable the network to “compute anything.” The proposal,…