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ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015

CoinspeakerARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015 Cathie Wood-led Ark Invest believes Bitcoin price will rally exponentially in the confirmed bull cycle as more investable global assets amounting to $250 trillion proliferate to the digital asset class. ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015

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Litecoin (LTC) Price Analysis: Bulls Struggle To Start Fresh Increase

Litecoin started a fresh decline from the $72.50 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $67.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $64.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...

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Cboe BZX Withdraws Application for Global X Bitcoin ETF Listing

As stated in an SEC filing on Tuesday, the ETF provider Global X has withdrawn its application for a spot in Bitcoin ETF. The CBOE BZX Exchange submitted a notice of withdrawal for the Global X Bitcoin Trust on January 26, roughly two weeks after the SEC approved 11 other spot Bitcoin ETFs. Global X Withdraws Application The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two extensions for consideration in September and November, the...

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