Tag: Bitcoin
50% of Investors Use Crypto to Safeguard Their Capital: Binance Survey
Reading time: < 1 minute A survey conducted by Binance has found that many investors view digital currencies as a way to safeguard their capital during times of financial and geopolitical uncertainty.
BlackRock Proposes a Ticker for its Bitcoin ETF
Reading time: < 1 minute BlackRock has officially named its proposed spot bitcoin ETF as IBIT.
Expert Believes BTC Will Reach $1M Following ETF Approval
Reading time: < 1 minute According to JAN3 CEO Samson Mow, once the SEC approves the first US spot Bitcoin ETF, the price of the first cryptocurrency will skyrocket to $1 million.
Arthur Hayes: Investors Should Not Sell Their BTCs
Reading time: < 1 minute BitMEX founder Arthur Hayes has said that heightened geopolitical tensions are speeding up the shift of major capital into Bitcoin.
SEC Expected to Approve Bitcoin ETF Applications in January, Analyst Says
Reading time: < 1 minute Bloomberg analyst James Seyffart has predicted that the first spot Bitcoin ETFs will be approved by the SEC around January 8-10.
Bitwise Analyst Predicts Bitcoin Will Reach $80K
Reading time: < 1 minute According to Bitwise expert Ryan Rasmussen, Bitcoin’s price could reach $80,000 in 2024 if there is a rise in the supply of stablecoins.
Report: Short-term Investors Sell $4B in BTC
Reading time: < 1 minute According to a report from Glassnode, early this week, the most active sellers were short-term investors.
User Pays $450,000 for a Bitcoin Inscription
Reading time: < 1 minute On December 7, an NFT user known as OG General purchased one of the early “Inscriptions” from the Honey Badger collection in the Bitcoin blockchain for 10.4 BTC (equivalent to $450,000 at the time).
Bitcoin to Hit $50,000 Next Year: Report
Reading time: < 1 minute Bitcoin experienced a significant surge of over 60% in October. This week marked a significant milestone as it broke above $44,000 for the first time since April of 2022.
SEC is in Talks with Bitcoin ETF Issuers
Reading time: < 1 minute The Securities and Exchange Commission is currently in negotiations with asset managers who have applied to launch a spot Bitcoin ETF.