Bitcoin

Valkyrie CIO Expects US Spot Bitcoin ETF to be Approved in the 2nd Quarter of 2024

A growing number of asset management companies are joining the race for the approval of a Bitcoin spot exchange-traded fund in the United States...

Amid BTC Spot ETF Hype, Bitcoin Open Interest Outperforms Crypto Markets

Bitcoin (BTC) open interest outperformed the entire cryptocurrency market in August, amid hype relating to Bitcoin Spot Exchange-Traded Fund (ETF). The comparison follows a...

Cryptocurrency Price Forecast: Litecoin, Solana & Binance Coin – Asian Wrap September 14th

LTC transaction volume hits a two-year low as Litecoin price falls to November 2022 levels Litecoin price is distressing investors with every passing day as...

Nasdaq ETP chief: Rejection of BlackRock’s first Bitcoin ETF was purely procedural, not final

Giang Bui, head of U.S. equities and ETPs at Nasdaq, said that the early rejection of BlackRock’s planned spot Bitcoin ETF should not affect...

FTX has received court approval to liquidate its crypto assets

U.S. Bankruptcy Court Judge John Dorsey of the District of Delaware ruled that cryptocurrency exchange FTX can sell and invest its cryptocurrency holdings to...

Bitcoin Sentiment Sours, Approaching ‘Extreme Fear’ Territory

The Bitcoin market sentiment has recently taken a downturn, with data indicating that it is nearing the 'extreme fear' territory, according to the Bitcoin...

Bitcoin derivatives data suggest BTC price will hold current range

Bitcoin experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for...

US Senator says Bitcoin mining could boost energy grid resilience

Texas Senator Ted Cruz has voiced support for Bitcoin (BTC) mining operations in the U.S., emphasizing its potential to enhance the resiliency of energy...

Bitcoin production cost estimate drops to $18,000 following CBECI methodology revision

In the wake of recent changes to the Cambridge Bitcoin Electricity Consumption Index (CBECI) methodology, JP Morgan has revised its estimates concerning the production...

Bitcoin inclusion in balance sheets set to boost institutional adoption

On Friday, Bitcoin experienced a minor rally, trading above the resistance level of US$26,000, after a week-long fluctuation between US$25,500 and US$26,000. This comes...

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