Tag Archives: Bitcoin News

[unable to retrieve full-text content]CoinspeakerValkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review With the application on the SEC docket, members of the public will have 21 days to comment on Valkyrie's proposal. Valkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review

Bitcoin bull and hedge fund manager Mike Novogratz is again in the news trying to tell everyone that bitcoin and Ethereum are the best long-term investments anyone can take part in. Mike Novogratz Still Loves Bitcoin In a recent interview, Novogratz took issue with the trading volumes for both cryptocurrencies, which appear to be somewhat down at the time of writing. He said bitcoin and Ethereum are the best items a person can invest in over the next several...

[unable to retrieve full-text content]CoinspeakerUS SEC Reviewing All Recent Spot Bitcoin ETF Applications The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a "surveillance sharing" clause. US SEC Reviewing All Recent Spot Bitcoin ETF Applications

[unable to retrieve full-text content]CoinspeakerJPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer The report highlights that the rapid growth in the Bitcoin hashrate is unlikely to continue at the same pace after the halving event. JPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer

[unable to retrieve full-text content]CoinspeakerElon Musk Confirms Twitter’s Negative Cash Flow amidst 50% Plunge in Ad Revenue Insufficient earnings on Twitter suggest that the platform's advertising revenue may not have rebounded as quickly as previously anticipated. Elon Musk Confirms Twitter’s Negative Cash Flow amidst 50% Plunge in Ad Revenue

Several strategists at JPMorgan are quite bullish on bitcoin even though their boss – JP Dimon – hasn’t always been kind towards the asset. JPMorgan Document Suggests Gold-BTC Correlation In the past, Dimon has said some rather disparaging things about the world’s leading crypto asset. However, this hasn’t stopped JPMorgan from cashing in on the digital currency and publishing regular reports about its price upheavals and volatility. In a recent document, the...

Bitcoin experienced its first monthly loss of 2023 in May following several solid months of growth due to macroeconomic uncertainty. Bitcoin Had Its Worst Month of 2023 in May The world’s leading digital currency by market capitalization was about two percent lower at the end of May given that many central banks were continuing to support stronger rate hikes as inflation has still not died down in leading countries such as the United States or the United Kingdom....

The state of Texas is looking to be one of the first in the American union to regulate cryptocurrency. Texas Looks to Create New Crypto Regulation Not long ago, House Bill 1666 made its way onto the desk of Greg Abbott, the state’s governor. The bill is a nod to the FTX debacle of last year and will seek to ensure proper and safe trading environments for all residents of Texas that hold or trade digital currencies. The goal is to make sure everybody’s money steers...

As both sides of the political spectrum have waged war on America’s debt ceiling and worked hard to formulate a deal, there’s growing concern that the Treasury is going to issue more than $1 trillion in new bills. Many analysts are worried about this as they say such a move could have atrocious effects on the market. The Treasury May Hurt BTC Alex Lennard – investment director at global asset manager Ruffer – explained in an interview: Our concern is that if...

[unable to retrieve full-text content]CoinspeakerBlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree.     BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital