Bitcoin (BTC)

The Securities and Exchange Commission (SEC) announced on Tuesday that it has approved for Bitcoin ETFs to be listed on all national securities exchanges in the United States. However, a later post from SEC chairman Gary Gensler clarified that the announcement was fake. In an SEC post to X, the agency claimed that approvals had gone through and that they would “enhance market transparency and provide investors with efficient access to digital assets within a regulated...

Jay Claton, the former chairman of the United States Securities and Exchange Commission (SEC), believes the agency’s approval of a spot Bitcoin exchange-traded fund (ETF) is inevitable. During an interview with CNBC, Clayton said nothing is left for the SEC to decide as the regulator is comfortable with the disclosures from ETFs’ applicants. “I think approval is inevitable. There’s nothing left to decide… Yeah, I do [believe that Bitcoin ETF approval is imminent]. I could be...

Earlier this month, Bitcoin’s USD value witnessed a rapid decline from $45,400 to $40,400 in a matter of hours. Despite a quick rebound, this downturn triggered the third-highest volume of long liquidations since the bear market reached its lowest point in November 2022. However, IntoTheBlock’s analysis reveals a noteworthy trend in the market, indicating a strategic move by large holders during the recent price dip. Large Bitcoin Holders Accumulate Big During Dip Bitcoin...

90% of Bitcoin addresses are in profit even as the crypto asset is over 31% down from its all-time high. IntoTheBlock’s analysis reveals a significant milestone for Bitcoin as it surged past the $46,000 mark, pushing more than 90% of all BTC addresses into a profitable zone. 90% of Bitcoin Addresses in Profit According to the on-chain intelligence platform, historically, such levels of profit are not an isolated event but rather a recurring pattern in Bitcoin’s bull cycles....

Extreme greed has taken over the crypto market as the industry anticipates that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) application this week. Data from Alternative.me shows that the Crypto Fear and Greed Index currently sits at 76/100, representing a period of extreme greed among investors. The last time market sentiment spiked to this level was in November 2021, when BTC hit its all-time high, and the...

Those closely monitoring the ongoing developments in the spot Bitcoin ETF saga are likely aware the stakes have never been higher. Experts are now emphasizing potential scenarios and recommended responses in the event of an approval. Increasing the cash portion of the investor portfolio and preparing for volatility could be the right way to go. Short-Term Market Overheating Risks Crypto analyst MAC_D, who cited CryptoQuant’s data, said that there has been a notable surge in...

ADA price is attempting a fresh increase from the $0.4650 zone against the US Dollar. The price is now trading below $0.580 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.5150 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5600 and $0.5800 levels. Cardano price is holding the $0.5150 support against the US Dollar, like Bitcoin. ADA price...

Les rencontres autour de Bitcoin de ce mercredi 10 janvier : Marseille à partir de 20h00 au Petit Bistrot, 30 Place aux Huiles En savoir plus : https://www.meetup.com/fr-FR/bitcoiners-du-sud/ – https://t.me/MarseilleBitcoinMeetup – https://twitter.com/MarseilleBTC Lille à partir de 19h00 à l’Australian Bar, 33 Place Louise de Bettignies En savoir plus : bitcoinlille.fr –...

BlackRock is reportedly expected to make a significant announcement regarding a substantial downsizing of its workforce. The impending layoffs, which account for about 3% of its global workforce, will result in approximately 600 employees leaving the company. BlackRock to Implement Routine Layoffs The layoffs are being internally described as routine, aligning with BlackRock’s previous practices. In 2023, the company underwent a similar trimming of its workforce based on...

The number of merchants accepting Bitcoin has steadily been on the rise in tandem with its adoption curve. Data compiled by BTC Map revealed that the tally of merchants accepting the digital asset reached 6,126 by the end of 2023, marking a significant rise from the 2,207 recorded at the beginning of the year. As of January 8, the current count of merchants accepting Bitcoin stands at 6,332, experiencing a slight decrease from the peak of 6,590 observed in late September....