The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the flagship cryptocurrency can sustain its epic run in 2024. Key factors stacking up in Bitcoin’s favor for the coming year have analysts extremely bullish on its prospects. From the possibility of the...
Read More »BlackRock Bitcoin ETF Potential Approval Faces Questions, SEC Could Make Decision by January 10
In its initial filing, BlackRock mentioned that the Prime Execution Agent would obtain BTC to support the ETF’s shares on a 1-to-1 ratio. Although the company didn’t disclose the name of the chosen agent, it did identify Coinbase as the proposed custodian. BlackRock Inc (NYSE: BLK), the world’s largest asset manager, is putting the final touches to its plan for a Bitcoin exchange-traded fund (ETF). As part of the process, the company intends to use a third-party broker, which it regards...
Read More »VanEck: Rückblick auf das transformative Jahr der Kryptowährung 2023
NFTs betreten das Reich von Bitcoin NFTs, diese einzigartigen und nicht austauschbaren digitalen Vermögenswerte, die sicher auf Blockchains gespeichert sind, fanden ihren Weg in das Reich von Bitcoin. Während Bitcoin ein Veteran in der Krypto-Sphäre ist, hat sich seine jüngste Umarmung von NFTs als lukrativ erwiesen, mit einem Bruttohandelsvolumen von rund 401 Millionen US-Dollar im November, wenn auch hinter den atemberaubenden 433 Millionen US-Dollar von Ethereum (Cryptoslam, Daten vom...
Read More »Kryptos im Aufwind: Über 500 Millionen US-Dollar in Krypto- und Blockchain-Produkten von VanEck
VanEck Digital-Assets-Produkte überschreiten halbe Milliarde verwaltetes Vermögen. Nachdem der Markt für Kryptowährungen im vergangenen Jahr einige Tiefen durchlaufen hatte, hat die Nachfrage nach Investitionsmöglichkeiten in den gesamten Blockchain- und Krypto-Bereich zuletzt wieder zugenommen. So haben die Digital-Assets-Produkte des Vermögensverwalters VanEck mittlerweile ein verwaltetes Vermögen von insgesamt mehr als einer halben Milliarde...
Read More »Bitcoin Price: Donald Trump May Be Ultimate Catalyst
VanEck analysts correlate Trump’s predicted victory with a global backlash against what they term an “anti-growth agenda”. In a recent report, analysts at investment firm VanEck, Matthew Sigel and Patrick Bush, predicted that former US President Donald Trump’s likely return to the White House will spark a Bitcoin (BTC) rally, boosting its price to $100,000 by December 2024 atop a market capitalization of roughly $2 trillion. The analysts’ prediction comes on the heels of the recent...
Read More »VanEck Predicts No BTC-ETH Flippening, Doubles Down on Post-Halving Scene
Investment management firm VanEck has unveiled its 2024 predictions, forecasting not only record-breaking highs for Bitcoin but also an anticipated peak in the NFT market, signaling a significant transformation in the industry. The introduction of spot Bitcoin ETFs is expected to align with the prolonged anticipation of a U.S. recession, while the forthcoming halving event may not generate as much impact as previously anticipated. New Peak for Bitcoin But No Flippening for...
Read More »VanEck Releases List of 15 Predictions for Crypto Industry in 2024
One of the 2024 predictions is the emergence of at least one breakout blockchain game that will surpass a million daily active users as Web3 gaming continues to vie for mainstream adoption. Asset manager VanEck has made 15 forecasts for the crypto industry in 2024. In what it terms a “speculative expedition”, the New York-based firm touches many corners of the cryptoverse with mentions of the highly anticipated Spot Bitcoin ETFs, peak NFT season, and KYC regulations in DeFi. A Relatively...
Read More »SEC Posts Memorandum Exploring BlackRock and Grayscale ETF Proposals
The SEC website showed one memorandum with details of a discussion with BlackRock, and another one on a discussion with Grayscale. The US Securities and Exchange Commission (SEC) on Sunday revealed on its website one memorandum detailing discussions with financial giant BlackRock (NYSE: BLK), and another with crypto asset manager Grayscale Investments. These memos involved proposed rule changes concerning the listing and trading of spot Bitcoin exchange-traded funds (ETFs) by both...
Read More »Analysts Identify 8-Day Window for 12 Spot Bitcoin ETF Approvals
The mere possibility of spot Bitcoin ETF approvals has injected fresh optimism into the crypto market. Bloomberg ETF analysts James Seyffart and Eric Balchunas have outlined a unique opportunity for 12 spot Bitcoin ETF filings to gain regulatory approval from the US Securities and Exchange Commission (SEC) within an eight-day window, starting today and extending to November 17. The SEC’s Timely Window The eight-day window for potential approvals comes as a result of the SEC’s extension of...
Read More »Valkyrie Amends Prospectus for Spot Bitcoin ETF Application
As of late October, the SEC is reportedly reviewing eight to ten potential spot Bitcoin spot ETF filings. Asset manager Valkyrie has recently made waves due to its decision to amend its prospectus for a spot Bitcoin (BTC) ETF filed with the US Securities and Exchange Commission (SEC). The Valkyrie Bitcoin ETF Update James Seyffart, a renowned analyst at Bloomberg, shared this development on social media platform X, shedding light on Valkyrie’s efforts to meet the SEC’s requirements for its...
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