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Tag Archives: BTC

Bitcoin Price Analysis: BTC Could Restart Increase Unless This Level Gives Way

Bitcoin price started a fresh decline from the $28,500 zone against the US Dollar. The price is now trading above $27,000 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $27,220 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $26,600 support zone. Bitcoin price is declining below $28,500 against the US Dollar. BTC might eye another...

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Bitcoin Price Takes Dive Under $28,000 amid Profit Taking and Macro Setup

The US Treasury Yield has reached levels not seen since 2007 thereby denting the demand for riskier assets such as Bitcoin and altcoins. After a strong start to October and Q4 2023, Bitcoin (BTC) price has dropped by 3% in the last 24 hours moving under $28,000. This happened amid some profit-taking as well as the global macro setup and the rising bond yield. Cryptocurrency markets experienced a Monday rally driven by optimism surrounding ETFs, which traders hoped would inject fresh...

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Grayscale Seeks SEC Approval to Convert Ethereum Trust into Spot ETF

If approved, the move marks a significant step towards providing investors with transparent and regulated access to crypto within familiar product structures.  Grayscale Investments, one of the world’s largest asset management companies, has submitted a formal request to the US Securities and Exchange Commission (SEC) for approval to convert the Grayscale Ethereum Trust (ETHE) into a spot Ethereum Exchange-traded fund (ETF). According to an official press release on Monday, the Form 19b-4...

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VanEck Rolls Out First Ethereum Futures ETF Structured as C-Corp

The launch of EFUT marks the company’s second foray into the futures ETF market. US-based investment manager VanEck has officially announced the launch of the long-awaited Ethereum (Ether) futures exchange-traded fund (ETF), exposing traditional investors to the world of cryptocurrencies. According to a press release on Monday, the fund named VanEck Ethereum Strategy ETF (CBOE: EFUT) is structured as a C-Corporation. The investment vehicle is designed to be the sole ETF focused on ETH...

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Silk Road Founder Completes 10 Years in Prison, Prays for Mercy

Ross Ulbricht’s case has garnered significant public attention, and numerous individuals have advocated for clemency for the website’s founder. Ross Ulbricht, the founder of the now-defunct online black market Silk Road, has reached the somber milestone of a decade behind bars. In 2013, US authorities sentenced him to a double life sentence. On October 2, Ulbricht shared on social media his concerns about potentially spending the rest of his life “behind concrete walls and locked doors”....

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Bitcoin Price Above 28,000 and Ether Above $1700 Wiping $70M in Shorts

While the recent price surge brought joy to long-term investors and HODLers, short sellers are notably facing a different fate. On October 1, the crypto market witnessed spectacular price increases, with Bitcoin (BTC) exceeding $28,000 and Ethereum (ETH) surging past $1,700, prompting more than $70 million in short positions to be liquidated in a matter of minutes. The Surprising Bitcoin Price Pump According to data from TradingView, the crypto market’s upheaval began when Bitcoin...

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Crypto Analysts Remain Bullish SEC Postpones Spot Bitcoin ETF Verdict for BlackRock, Invesco, Bitwise

Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year. The United States Securities and Exchange Commission (SEC) has once again postponed its decision on multiple proposals for spot Bitcoin exchange-traded funds (ETFs). This move, affecting applications from major crypto players such as BlackRock and Invesco, has caused serious discussions among analysts. The unexpected turn of events happened two...

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Bitcoin-Rechenleistung: Netzwerk resilienter denn je!

Die Hash Rate misst die im gesamten Bitcoin-Netzwerk zur Verfügung stehende Rechenleistung und ist zugleich ein guter Indikator für die Sicherheit des Netzwerkes. Denn je mehr Rechenleistung für Mining und Validierung von Transaktionen zur Verfügung steht, desto sicherer ist Bitcoin auch vor Hacks oder anderen böswilligen Angriffen. Zugleich beeinflusst die Hash Rate auch den Schwierigkeitsgrad für das Schürfen rsp. Mining von Bitcoin, denn je mehr Miner aktuell beteiligt sind, desto...

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Crowdinvesting: Warum jeder einmal Investor spielen sollte!

Investiere Online in Immobilien Haben Sie sich jemals gewünscht, wie ein mächtiger Börsenhai oder ein grosser Immobilienmogul zu investieren? Das Hollywood-Bild eines Anlegers, der grosse Risiken eingeht und riesige Gewinne erzielt, hat sicherlich viele von uns fasziniert. Aber die Realität ist, dass die meisten von uns nicht Millionen in der Bank haben, um in Start-ups oder Immobilien zu investieren. Aber was wäre, wenn ich Ihnen sagen würde, dass...

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Matrixport Sees Discounted Crypto Stocks as Better Investment than Bitcoin

Matrixport still maintains a positive outlook for BTC even as the US SEC has delayed a decision on the seven applications for spot Bitcoin ETF on its desk. According to a recent Matrixport report, the underperformance of listed crypto companies suggests that there could be a huge investment prospect in the Bitcoin (BTC) mining space that investors can take advantage of. The report went on to compare the gains that investors will see with exposure to only Bitcoin and a diversified...

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